Oracle Mechanism

The Oracle is the cornerstone of the Logis Crypto ecosystem, ensuring stability and balance. Unlike many Web3 projects that face uncertainty in token and NFT values, Logis Crypto introduces the Oracle to transform this landscape. Through dynamic adjustments, the Oracle provides certainty and balance to the value of the NFTs you own, aligning them with the current dollar value of $LogCoin.

To achieve this, the Oracle maintains a 9% reserve of total $LogCoin in USD cash, which serves as a backing to establish a strong and stable relationship between the dollar and $LogCoin. This approach ensures that players can have confidence in the valuation of their in-game assets, reinforcing the overall strength of the Logis Crypto ecosystem.

In the event of an increase in the dollar value of each $LogCoin:

  • $LogCoin rewards payouts will decrease

  • Vehicles NFT costs in $LogCoin will decrease

  • Logistics NFT costs in $LogCoin will decrease

Conversely, if the price of $LogCoin decreases, the opposite effects will be observed.

This dynamic adjustment mechanism creates an economy within the game that is balanced around a predetermined dollar value. The Oracle establishes a positive correlation between the active users of Logis Crypto and the dollar value of $LogCoin, while also encouraging new users to participate.

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