The Terminus token is a pivotal component of the Moonstream DAO ecosystem, functioning as a decentralized authorization platform. It is specifically designed to manage permissions within the Moonstream DAO, enabling users to engage in various decentralized applications. The token is utilized for several key purposes:
- Permission Management: Terminus is used to manage permissions within the Moonstream DAO, facilitating decentralized operations and governance. This includes activities such as whitelisting token sales and representing in-game achievements in on-chain games.
- Reward Distribution: Through the Dropper contract, Terminus facilitates the distribution of various types of tokens, including ERC20, ERC721, and ERC1155 tokens. It also supports the minting of Terminus tokens using an authorized claim workflow, which is particularly useful for creating lootboxes—on-chain randomizable containers that provide players with randomized rewards, thereby enhancing the gaming experience.
- Decentralized Operations: The token rewards participants who contribute to the Moonstream network by providing blockchain node time, crawler time, and storage for Moonstream databases. This incentivizes active participation and supports the decentralization of Moonstream's operations.
- Role-Based Permissions: Terminus allows for effective management of role-based permissions, ensuring a streamlined and secure distribution process for community rewards and achievements.