Emissions Over Time

The monetary policy of PLAYA will follow a route with three distinct phases over eight years.

Discretionary (central bank) The development team adjusts the emission rates directly, using the developers' DAO votes to modify the price and emissions of each token. The target is to make the on-ground assets attractive within the real estate market.

Discretionary (decentralized governance) The emission rates are still based on modification by the developer team, but their votes are phased out as the DAO takes control.

Parametric (decentralized governance) The system is replaced with an algorithmic stabilization model that considers macroeconomic metrics and external token markets. This model requires a supermajority DAO vote to change.