Inside the ‘GAT’ tokenomics of DeFi games project Alchemy Toys

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Non-fungible tokens (NFTs) and blockchain games have taken the crypto market by storm in the past year, with the frenzy and demand for digital collectibles turning into a multi-billion market.
Most of that was led by Ethereum-based dApps and games, but the rise of other blockchains, such as the Binance Smart Chain, has allowed NFT and blockchain games to flourish on other chains as well (at much lower fees and faster transactional speeds).
GATs and yields
One such Binance Smart Chain-based project making the big moves is Alchemy Toys, which harnesses blockchain technology to allow players to collect NFTs backed by its own ‘treasury,’ representing a “real” backing for holders.
Users can mint unique TOY NFTs and “melt” them into more valuable ones, with each step bringing them closer to the treasury. The USP, however, is that all TOYs are backed by real value and upheld by the growing game treasury, meaning every TOY can be used in the future to collect direct rewards (paid in BNB) and accrue value over time. Source