Frequently Asked Questions (F.A.Q)

FAQ

Q: When Launch?

A: After ILO and security audit clearance. See our X account for more details "www.x.com/DegenPets_"

Q: Can I make money playing Degen Pets? A: Degen Pets lets you earn $DGPT through in-game actions—minting Pets, winning PvP tournaments, and burning assets in the Forge. Those tokens have real-world value and can be traded on secondary markets. However, $DGPT is a speculative digital asset: market prices fluctuate and your in-game performance isn’t guaranteed. Treat any earnings as potential upside, not a sure thing.

Q: What risks are there of losing money? A: All speculative digital-asset activities carry risk. If $DGPT or any NFT you hold drops in market value, you could end up “losing” funds when you convert back to stablecoin or another currency. We recommend only using funds you can afford to stake or risk, and thinking of Degen Pets as both a game and an experiment in crypto economics.

Q: How do my strategy choices affect earnings? A: Each Pet follows its own trading algorithm. More aggressive indicator settings may yield higher $DGPT on gains—but also magnify drawdowns. A balanced approach to strategy selection can smooth rewards over time, but doesn’t eliminate the possibility of downside. Experiment, review your Pet’s performance data, and adjust in small increments.

Q: What are Founders’ Keys and can they generate profit? A: Founders’ Keys are a limited series of 1000 NFTs representing fractional ownership of the Degen Pets protocol. Each quarter, a portion of net protocol revenues (trading royalties, fees) is distributed to Key holders in $DGPT. That distribution depends on real protocol performance—there is no guaranteed payout, and the value of Keys will vary with both revenue and secondary-market demand.

Q: Should I view Degen Pets as an investment? A: Degen Pets is first and foremost a gamified trading simulator. While players and Key holders can earn tokens or revenue shares, you should approach it like any other speculative venture: do your own research, diversify exposures, and don’t rely on it for essential income.