---
description: >-
  $DMND is a Cardano Native token that serves as the currency fueling our
  ecosystem. Players earn $DMND via staking, racing, renting horses and stable
  capacity, selling racing gear, token farms, & more.
---

# $DMND

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### Diamond or $DMND

Diamond, also known by its ticker $DMND, is a Cardano Native token that serves as the in-game currency fueling our ecosystem. Players earn $DMND through various activities, including staking, racing, renting their horses and stable capacity, selling racing gear, farming additional tokens, and more. The utility of the token spans multiple use cases, such as paying race entry fees, breeding horses, funding upgrades for stables and land plots, purchasing new gear and assets, expediting cooldowns, minting DH NFTs, acquiring exclusive merchandise, and more.

### Deflationary Model

The $DMND token incorporates a mechanism designed to enhance player engagement and sustain the ecosystem. Every transaction involving $DMND contributes to a deflationary model by burning a portion of the tokens.&#x20;

### Circular Economy

The flow of $DMND is structured to promote a balanced economy. Demand for the token is generated through active player engagement. As players earn tokens and reinvest them, the flow of $DMND creates a virtuous cycle within the ecosystem.

As the ecosystem grows, the demand for various activities within our universe increases. Players can breed horses, creating more competitors for races. Additionally, investing in upgrades for stables and land plots boosts efficiency and race performance. Players also buy new gear, assets, mint DH NFTs, and acquire exclusive merchandise. These activities not only improve the overall gaming experience but also contribute to a greater circulation of $DMND, driving more interaction within the ecosystem.

### Passive Earning Opportunities

Players have the ability to earn rewards through mechanisms such as staking, vaults, and participating in liquidity pools. These options provide opportunities for long-term engagement and investment within the community. By incentivizing players to stake their $DMND, the economy encourages them to hold onto their tokens instead of selling, further supporting the token's value.
