# $SKULLY by NXT: Solana Hills

### Tokenomics

An initial supply of 150 million will be minted.

* All tokens collected from the use-cases will be burned
* Team will not reserve any of the tokens nor provide direct liquidity for token 
* Halving of HODL rewards will be done every 6 months

### How to earn

* SH Points Programme: 210 $SKULLY per NFT, per week (CAA 13 Jan 2024)
* Brand Ambassador activities - 1 EXP = 1 $SKULLY
* Create-To-Earn
* Merch and NFT purchases

### Use-cases

* Auctions of 1/1s
* Auctions of limited-edition merchandise
* Lucky draws and collabs with raffles and prizes to be won
* Participation in events
* Purchase of customised merchandise
* Retail discounts on merchandise
* Upgrading NFTs
* Future mints (Gen-2, other chains)