🔥Use Cases and Burn Mechanisms

The $DMND token’s use cases, combined with burn mechanisms, drive its utility and scarcity. Actions such as holding, racing, renting and upgrades burn tokens, enhancing value over time.

Race Entry Fees

Race entry fees are paid in $DMND. The maximum number of daily races may fluctuate based on demand, and the number of race participants is expected to increase as the ecosystem grows. All race entry fees will be burned, contributing to the deflationary model and reducing the overall supply of $DMND.

Stable Upgrades

Players can utilize $DMND to enhance their stables. These upgrades improve performance and efficiency, allowing horses to perform better in races and enhancing the overall gameplay experience. $DMND used for upgrades will be burned, further decreasing the supply of tokens in circulation.

Landplot Upgrades

Investing in landplot improvements using $DMND boosts resource generation and overall value within the game. $DMND used for land plot upgrades will be burned.

Equipment Upgrades

Players can upgrade their horse’s equipment to improve performance in races. Enhanced equipment provides a competitive edge, making it essential for serious racers. $DMND used for equipment upgrades will be burned.

Expediting Injury and Exhaustion Cooldowns

Players can use $DMND to reduce cooldown times associated with horse injuries and exhaustion. This feature allows more frequent participation in races and events, maintaining player engagement and maximizing racing opportunities. $DMND used in this process will be burned.

Marketplace The marketplace will support various transactions, including:

• Horses: Buy, sell, or trade horses, allowing players to build their ideal racing team.

• Stables: Purchase and upgrade stables to house and train horses effectively.

• Riders: Acquire skilled riders to enhance race performance and strategy.

• Consumables: Items that provide temporary boosts or benefits during races, enhancing performance for limited periods.

• Equipment: Essential gear that enhances horse performance and overall gameplay, allowing players to customize their racing experience.

A percentage of every transaction in the marketplace will be burned.

APR for Vault Lockup

Players can stake their $DMND in vaults to earn annual percentage returns. This encourages long-term investment in the ecosystem, allowing players to benefit from holding their tokens.

Liquidity Pool

By participating in liquidity pools, holders earn rewards from the fees generated within the pool. This mechanism not only supports the ecosystem's health but also provides additional earning opportunities for active participants, offering a steady stream of rewards based on their share of liquidity provided.

Hold-to-Burn Mechanism

When tokens are staked in the APR Vault or liquidity pool, a percentage of the total amount of staked tokens will be burned from the supply. For example, if 1,000,000 $DMND tokens are staked in the APR Vault or liquidity pool, 10% of the staked tokens, or 100,000 $DMND, will be burned from the total supply periodically.