Serving as a transferable representation of various functions, PYR is the native utility token of Vulcan Forged. It was designed exclusively to be interoperable across various gaming environments with the ERC-20 specification, ported to Matic. PYR will be used as a settlement mechanism, staking device, and in-game utility token through the entire Vulcan.Forged world. Through each PYR transaction, 10% of it will be distributed to reward pools so that exosystem contributors can be paid. The numerous use cases for PYR will become more obvious, and in time, PYR will replace the VET token as the top choice for marketplace settlement. Eventually, PYR will be used for everything from fee settlement to staking, to participation in DeFi launchpads, to play-to-ear benefits, to marketplace discounts.
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