BICY

Supply

BICY is minted at a token generation event (TGE), a total of 3,000,000,000 will be minted.

BICY endowment mechanics

30% of the total BICY will be distributed to users through move&earn and management participation. To ensure the longevity of the BICY project, the total issue of BICY (tokens) will be halved every three years. To learn more about the distribution of BICY tokens and the vesting schedule, please visit [site]

BICY Earning Starting Date

Stage	Prerequisite	Event
Stage 1	Infrastructure prerequisite	BICY Swap/Trade function opened
Stage 2	Infrastructure prerequisite	Gradual implementation of BICY scenario
Stage 3	Prerequisite for combustion	BICY combustion progress indicator is installed
Stage 4	BICY earning event	The BICY earning event begins as soon as the progress indicator reaches 100%

Mechanics of earning BICY

Level Requirement
Earning BICY is only available to cyclists who have reached level 27.

Requirement of the rule of three
You must have at least three protein bars to start earning BICY.

Halving Mechanics
Each day you can earn a certain amount of BICY. The daily release of BICYs follows an exponential decay pattern, and on the first day of the third year, the daily number of unlocked BICYs will decrease by exactly half compared to the first day when BICYs were available to earn.

Mechanics
The system constantly adds randomness to BICY earnings by Users, making earnings unpredictable. To avoid extrapolation of earnings, BICY calculation will be done every few minutes.

Bitcoin Mechanics
BICY earnings per person are based on a proportional basis, just like the complexity bomb in Bitcoin and Ethereum, but calculations are made instantaneously. The more users earn BICY at a given time, the less BICY will be available per person. And vice versa.

Comfort Mechanics.
The more Comfort, the higher the earnings. The BICY earning formula will be published as soon as earnings are enabled in the app.

BICY combustion mechanics (destruction)

NFT

• Burn BICY to pass level 4/9/20/27
• Burn BICY to obtain rare, epic, and legendary bikes
• Burn BICY to redistribute attribute points

Improve the mechanics of the app.

• Burn BICY to permanently increase the chance of getting a higher quality bike when you open the bike crate
• Burn BICY to permanently increase your daily BICY earnings limit
• Burn the BICY to permanently increase the chance of getting TWO bikes when you chase the NFT.

Workshop
The Workshop is a pool whose users must burn a BICY to sign up and permanently earn BICY income from other players' moments of misfortune, such as:

• Receiving a lower quality Bicycle from higher quality Lucky Box
• Unsuccessful upgrade Crystal.

Please note:

• ICY return comes from taking a small % tax from all users’ ICY burning from Bicycle-Minting or Crystal upgrades.
• The Workshop will have different varieties. Each variety of pools will correspond to a Bicycle quality — hence five varieties of pools correspond to Common, Uncommon, Rare, Mythical and Legendary Bicycle qualities. Each variety of will share the same % tax.
• The smaller the size of the workshop, the lesser BICY it takes to fill. Once the lower sized workshop are filled, the higher sized workshop will be opened to subscribe.

BICY (tokens) Staking Rules

Coming soon.