🔄$ETHER to $GENESIS Conversion System

In EtherForge, the reward system operates through two layers of value:

  • $ETHER: A unit representing mining performance within the game (off-chain metric).

  • $GENESIS: The main token of the ecosystem, carrying real value and serving as the primary currency across the entire game economy.

Conversion Mechanism

The $ETHER $GENESIS conversion acts as a bridge that transforms the operational results of players’ ValorForge or MonstroForge factories into actual in-game assets.

Conversion Principles

Each day, the system determines:

  1. The total $GENESIS pool allocated for distribution within the current Epoch.

  2. The total $ETHER mined across the network during the past 24 hours.

Based on these values, the conversion rate between $ETHER and $GENESIS is calculated using the system-wide reward distribution ratio.

$ETHER  =  Total daily $GENESIS reward pool (current Epoch)Total $ETHER mined across all players in 24h \textbf{\$ETHER} \;=\; \frac{ \textbf{Total daily \$GENESIS reward pool (current Epoch)} }{ \textbf{Total \$ETHER mined across all players in 24h} }

Explanation

  • Total daily $GENESIS pool: The total number of reward tokens allocated to the entire network each day, depending on the current Epoch.

  • Total $ETHER mined (Generated on the Server): The total amount of $ETHER produced by all players in a 24-hour period.

The system takes a snapshot every 24 hours to determine the precise daily exchange rate between $ETHER and $GENESIS.

Example Calculation

Metric
Value

Total daily reward pool

1,400,000 $GENESIS

Total $ETHER mined

200,000 $ETHER

Result

1 $ETHER = 7 $GENESIS

So for that specific day, 1 $ETHER equals 7 $GENESIS.

Reward Distribution per Epoch

The reward mechanism follows a Halving schedule every 90 days. During each Epoch, the total $GENESIS reward pool gradually decreases, while the daily reward allocation remains evenly distributed across the entire 90-day cycle.

This system creates a deflationary economy, ensuring both long-term value stability and a sustainable reward flow for all active participants in the EtherForge ecosystem.

Epoch (Cycle)
Total Reward Pool (90 Days)
Average Daily Reward

Epoch 1

128,000,000 $GENESIS

1,422,222 $GENESIS per day

Epoch 2

64,000,000 $GENESIS

711,111 $GENESIS per day

Epoch 3

32,000,000 $GENESIS

355,556 $GENESIS per day

Epoch 4

16,000,000 $GENESIS

177,778 $GENESIS per day

Epoch 5

8,000,000 $GENESIS

88,889 $GENESIS per day

Epoch 6

2,000,000 $GENESIS

22,222 $GENESIS per day

This halving-based distribution model ensures that rewards decrease gradually with each 90-day cycle, reinforcing long-term token scarcity and economic sustainability within the EtherForge ecosystem.

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