Kruna

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Revision as of 20:58, 18 December 2023 by Luxaholic (talk | contribs)
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The Kruna is the official currency of the Republic of Stratham. The Kruna was first introduced in 2016 when the server was released. New players started with 200 Krunas (sometimes formatted k200). Monetary policy and regulation of currency is carried out by the Department of Economy, however the senior administrative team has made small monetary adjustments as well.

As of December 18th, 2023 the total amount of Krunas in circulation is k61,447,214, however this includes an overwhelming number of inactive players and their initial starting balances. More accurate estimates have been put forward by members of the Department of Economy.

On October 7th, 2018, Matty707 proposed a bill in Parliament to establish banknotes for commerce and business operations. The bill received unanimous favorability and on November 4th, 2018 banknotes were made officially available to public creation and use. Banknotes were popular with the general public but eventually concerns grew regarding the ability to hide wealth and player balances. Fears also mounted as banknotes appeared to be duplicated using various methods by some players.

Due to the growing concerns around banknotes