MOVEY

Move to Earn

Users need to have a NFT Sneaker or stake $MOVEY token in Stake Token Management to participate in Movey's earning modes where users are rewarded in $MOVEY/NFTs by walking, moving.

Marketplace

The marketplace is where users can rent, lease, or trade their NFT Sneakers and NFTs from NFT Movement Creating. The filter function is available in the marketplace to easily find the NFTs you want.

Rent NFT

With a smart rent/lease mechanism, new users can easily get started by downloading the app and renting the Sneaker. The Smart Contract will deliver rewards to renters who complete missions.

Create NFT

Users can earn $MOVEY by creating sneakers as well as creating their own NFT. The NFT Movement Creating is a unique feature of Movey that converts an image of a player's journey into an NFT.

Liquidity Pool

MOVEY Auto-Staking levies 6% tax on sellers with each trade. This fund is spent on $BNB and $MOVEY at a 50/50 ratio to provide liquidity every 48 hours.

Insurance Fund

8% of selling fees are stored in an insurance fund. This fund forms the backbone of the Movey, backing the staking rewards provided by the positive rebase. Insurance Fund also acts as a buffer to maintain liquidity in case of a sharp sell-off.

Treasury

4% of the selling fees are sent to Treasury which provides extra insurance to the Insurance Fund. MOVEY treasury is also spent on extra services, new products, and marketing campaigns for the project.

Fire Pit

2% of the selling fees are burnt in the Fire Pit. The more MOVEY traded, the more MOVEY put into the fire. When the fire pit size gets bigger, the circulating supply is reduced, which would keep the $MOVEY’s price stable.