PAX tokens are the backbone of the SimFly economy, facilitating a variety of transactions within the game. These in-game tokens can also be converted into ERC-20 tokens on the Ethereum blockchain.

Earning PAX Tokens #

Pilots earn PAX tokens by completing flights and missions, as well as by effectively managing their assets. The accumulation of PAX is directly tied to the frequency of your activities and the strategic use of your assets, reflecting your success and engagement within SimFly.

You can also earn PAX through the rental of your airplanes to other pilots, and for each landing and takeoff in your airports, rewarding both active and passive participation in the game’s economy.

Utilizing and Monetizing PAX Tokens #

PAX tokens offer multiple utilities: they can be used to purchase or upgrade assets, access special services within SimFly, or traded on SimFly’s own marketplace and external platforms that support ERC-20 tokens.

You can also transfer PAX directly to other players or withdraw them to your Ethereum wallet to trade on decentralized exchanges, providing liquidity and tangible rewards for your virtual achievements.

Trading on Marketplaces #

Pilots can trade their earned PAX tokens on various marketplaces, including SimFly’s platform for unclaimed assets and external NFT marketplaces. These transactions can be for other cryptocurrencies, fiat currencies, or further in-game assets, enhancing liquidity and offering real-world value.

Monetizing and Discount Trading #

Pilots have the option to sell their PAX tokens at market rates or offer them at a discount on exchanges, enabling new or less affluent players to buy in at a lower cost while maintaining the token’s $1 in-game valuation.

Maintainig Economic Stability Throught Token Burning #

To ensure the value and stability of PAX tokens, SimFly implements a token burning mechanism. Tokens spent in transactions are permanently removed from circulation, which prevents inflation and supports a stable, sustainable economy. This burning process balances the ongoing minting of new tokens, which are awarded for game participation, ensuring a fair economic environment for all users.

Continuous Token Cycle #

The lifecycle of PAX tokens is designed to support a continuous economy: newly minted tokens reward user activity and are subsequently burned upon usage, ensuring that the supply accurately represents the real value created and maintained in the game.