
🛠️$NSFW Utility
The $NSFW token within the Chain Diffusion ecosystem will have one primary utility, it will be used to buy credits for rendering AI execution on the website. The cost of a credit is fixed at $0.10, and the cost to run various jobs will vary in terms of the number of credits required. Users will need to buy $NSFW tokens and swap them for credits on our site. All swapped $NSFW tokens will be split into 3 groups:
1/3 will be burned forever.
1/3 will be added to the reward pool.
1/3 will be added to the liquidity pool.
We plan to support the world of non-crypto users by selling $NSFW directly from our site using traditional credit card services.
This may seem like a very hard line to take by insisting that users buy and pay for credits with $NSFW tokens, but by doing so we are creating a very exciting value capture characteristic in our tokenomics which should provide a steady and ever increasing buy pressure on the token.
There will also be various staking options with different locking lengths that will offer even more utility such as:
Governance to vote on certain initiatives and reward payouts.
Access to special events.
Access to special features.
Reduced subscription prices.
Swap multipliers so you can get even more credits per $NSFW swapped.
Standard one-sided staking for a respectable APY.
Standard LP staking ($NSFW & $PLS) for an even more attractive APY.
Another aspect that will have a major impact on the $NSFW token is the Buy-Back&Burn (BB&B) program. A portion of all subscription generated revenue will be used to do periodic and random Buy-Back&Burns.
The Buy-Back&Burn (BB&B) coupled with the burning of 1/3 of the swapped tokens when applied against the fixed supply of the token will create hyper scarcity.
All of these features will evolve and culminate into one of the best long-term tokenomics in the crypto space.
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