SENATE

$SENATE is the governance token of the SIDUS Metaverse. Its application spans the political systems of the games (e.g., presidential and senate elections), real-estate processes, spaceship construction and the voting process. Holders of $SENATE tokens may wield influence in the creation of factions and are required in project-level voting to determine game development.

The $SENATE is used to obtain significant items like spaceships, land plots and module ownerships. The voting system will also involve the $SENATE token, whether through third-party solutions, tailored contracts or in-game voting, ensuring a participatory gaming experience.

The token’s deflation mechanism involves the irreversible burning of coins through in-game spending, resulting in a permanent reduction in the token supply.