Entering and Exiting Mechanisms for Your Token Economy
This section outlines the different mechanisms that affect users upon entering or exiting a token economy.
Some of these mechanisms can be turned on/off by the creator - read more below for a quick overview on which mechanisms are within the creator’s control:
Tl:dr - An exit fee or “tax” when a user leaves a token economy by selling (or converting) a Coin to $RLY or when swapping out of a Coin to another Coin. All fees go directly to the Coin’s Creator as sidechain $RLY [read more here].
A global default setting that is enabled for every token economy
Creators can request to have the Creator Fee turned off when the coin is created, but it can not be turned on later
Tl:dr - Creators can set a max purchase amount per purchases and converts, set a time limit between purchases and converts, and set the duration that these controls will be in place [read more here].
Creators can request Purchase Controls be enabled for their token economy at any time including at launch - email creatorsupport@rally.io with your request so Rally can configure
Currently, Creators are also subject to the same Purchase Controls
Tl:dr - Creators are able to make the first purchase of their token when their token launches [read more here].
Creators must request an At Launch Purchase during the onboarding process ahead of their token launch
Tl:dr - A mechanism that restricts the amount an individual can send or sell of a Coin. This affects every user including Creators except when a user is sending Coins to the Coin’s Creator [read more here].
A global platform setting that cannot be disabled
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