Degen Pets
  • Welcome to Degen Pets
    • Summary
    • Introduction
      • Target Audience
    • Gameplay Overview
      • Getting Started
      • The Trading Desk
      • Cyberpet Creation (Pet Adoption)
      • Unique Parameters
      • The Collection
      • Automated Trading
      • Mood Management
      • Earning $DGPT
    • Core Features
      • Pet NFTs
      • Market Simulation & Analysis
      • Badges & Achievements
      • Quant Lab
      • The Forge
      • Tournaments
    • $DGPT Tokenomics
      • Introduction
      • Supply & Distribution
      • Utility & Demand
      • Earning & Emission
      • Sinks & Burning
      • Liquidity Support
      • Phase 1 -> Phase 2 Shift
    • Technology & Security
      • Smart Contracts
      • Smart Contract Addresses
      • Off-Chain Infrastructure
    • Roadmap
    • Disclaimers
    • Frequently Asked Questions (F.A.Q)
    • Appendices
      • Badge List (Player & Pet)
      • Glossary
      • Item List
      • Pet Species List
      • Pet Strategy Details
      • Pet Affinity List
      • Player Guide
        • Guide: Your Goal & Getting Started
        • Guide: $DGPT Economy Basics
        • Guide: Your Trading Desk
        • Guide: Understanding Your Pets (Collection & Details)
        • Guide: Managing Mood & Using Items
        • Guide: Markets & Simulation
        • Guide: Forging Pets
        • Guide: Quant Lab
        • Guide: Tournaments Explained
        • Guide: Badges & Achievements
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  1. Welcome to Degen Pets
  2. $DGPT Tokenomics

Sinks & Burning

To counteract emissions, $DGPT incorporates significant sink and burn mechanisms:

  • Pet Purchases: 100% of the 100 $DGPT spent acquiring Pets via the in-game shop is permanently burned.

  • Forging Fee: 100% of the 50 $DGPT fee required for Forging is permanently burned.

  • Quant Lab/Forge Unlock: 100% of the $DGPT fee required to unlock the Quant Lab (500 $DGPT) and Forge (250 $DGPT) is permanently burned.

  • Charting Module Unlock: 100% of the $DGPT fee required to unlock the visual backtester (150 $DGPT) is permanently burned.

  • Monthly Tournament Buy-ins: 25%* of the $DGPT buy-in fee (25 $DGPT per participant) is permanently burned.

  • Item Purchases: 100% of the $DGPT spent on items in the shop is redirected to the Royalties smartcontract to be either paired for LP or Burnt.

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Last updated 1 month ago