💱Deposit TitanX
Last updated
Last updated
Players can easily integrate their TitanX holdings into the TerraX ecosystem by depositing TitanX tokens into their in-game wallet. This process enables convenient access to game features, providing a nearly gas-free experience for in-game activities while supporting the deflationary mechanics of TitanX. Here’s how it works:
Deposit Mechanism: Users deposit TitanX tokens from their external wallet to their TerraX in-game wallet via an on-chain transaction, which incurs a standard gas fee. To encourage a sustainable ecosystem, TerraX applies a 2% entry fee on all deposits, which contributes to platform development and rewards distribution. Additionally, 3% of the deposited amount is burned, permanently reducing the token supply to support TitanX's long-term deflationary strategy.
Gas-Free Transactions within the Game: Once the TitanX tokens are in the in-game wallet, players can engage in various game-related activities without incurring further gas fees. This gas-free environment allows players to:
Trade items on the TerraX marketplace
Buy and sell tools, ingots, weapons, and other items
By conducting all these transactions off-chain within the game, players avoid additional gas costs, making it convenient and cost-effective to participate in the TitanX economy.
Withdrawing TitanX to an External Wallet: Players can withdraw their TitanX back to their external wallet at any time. While withdrawals also require an on-chain transaction and therefore incur a gas fee, TerraX applies an additional 2% withdrawal fee. This fee helps maintain the platform’s sustainability, supporting ongoing development.