Economics & Exchange Rate
The TICKET token economics are designed to create a sustainable gaming ecosystem with predictable costs, fair payouts, and long-term viability. Understanding these mechanics helps players make informed decisions.
Fixed Exchange Rate System
Core Rate: 1 HYPE = 10 TICKET
The TICKET token maintains a fixed exchange rate with HYPE that never changes when minting TICKET.
Token Supply Dynamics
Inflationary Model
TICKET has an uncapped, inflationary supply that grows with platform activity:
Sources of New Tokens (Minting)
HYPE Purchases: Users buying tokens directly
Winning Payouts: Games minting tokens to pay winners
Direct HYPE Betting: Auto-conversion during betting
Token Removal (Burning)
Platform Burning: Users can burn their own tokens to redeem prizes
Losing Play: Tokens are burned when the user loses
Token Redemption
DEX Swaps: Users can redeem tickets for other tokens by swapping through dexes
Loot Boxes: Coming soon, users will be able to purchase loot boxes with tickets to redeem for collectibles like memecoins and NFTs
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