The BENJI Token [$BENJI]

$BENJI is the core of the play-to-earn system being added to Benji Bananas. Players will be able to earn BENJI Tokens when playing the game, and these tokens will be swappable for other fungible tokens in the Animoca Brands ecosystem (including SAND, REVV, TOWER, GMEE, QUIDD, PROS, and BONDLY). The core utility on launch for $BENJI is the swap function, pairing this asset with other liquid ERC-20 tokens.

The main $BENJI pairing will be with ApeCoin [APE], the ERC-20 token issued by ApeCoin DAO and used by the ecosystems created by Yuga Labs and the Bored Ape Yacht Club. The depth of the $BENJI/$APE pool is determined by primary purchases of the Benji Bananas Membership Pass.

Supply and Tokenomics

The total supply of BENJI is 2,060,000,000 tokens, all of which are minted at once, and released only through two specific systems: the Play-to-Earn Pool and Liquidity Allocation, and a Reserve Treasury and Marketing Allocation. All of the tokens will be minted directly to the four allocations below. The tokens in the Reserve Treasury are moved to the other allocations as required.

• Play-to-Earn: 235,000,000

• Liquidity: 625,000,000

• Treasury: 1,000,000,000

• Marketing: 200,000,000

TOTAL: 2,060,000,000

Play-to-Earn

When a Benji Bananas Membership Pass sale is effected, an equivalent amount of $BENJI is moved from the Reserve Treasury to the Liquidity Allocation, and an equivalent amount is sent to the Play-to-Earn Allocation. It is this Play-to-Earn Allocation of $BENJI that will be earned by players, with this pool increasing with every primary sale of Benji Bananas Membership Passes.

Liquidity Allocation

An allocation of $BENJI is made available for each Benji Bananas Membership Pass sale and Play-to-Earn event cycle. Event cycles are the time between the current Membership Pass sale and the next Membership Pass sale. During this period there will be Earning Events to allow Membership Pass holders to earn BENJI Tokens.

Membership Passes are purchased using $APE, and the $APE received in this manner serves as the foundation for the $APE/$BENJI pool on SushiSwap. With each sale, an equivalent amount of $BENJI is moved from the Reserve Treasury to Liquidity Allocation. This Liquidity Allocation is then used to set up a pair, or add liquidity post the initial creation of the pool.

Reserve Treasury

The Reserve Treasury is where all of the supply of $BENJI is held until it is needed for liquidity pool set-up or adding, or for the distribution of Play-to-Earn rewards. After the initial minting of $BENJI, funds are never added back to the Reserve Treasury.

Marketing Allocation

An allocation of $BENJI is made available for marketing and community-building events and activities. This allocation will be used to reach and engage the active community, broaden the exposure of Benji Bananas and BENJI token and grow organic engagement and exposure.