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)

1. HYPE Purchases: Users buying tokens directly

2. Winning Payouts: Games minting tokens to pay winners

3. Direct HYPE Betting: Auto-conversion during betting

Token Removal (Burning)

1. Platform Burning: Users can burn their own tokens to redeem prizes

2. Losing Play: Tokens are burned when the user loses

Token Redemption

1. DEX Swaps: Users can redeem tickets for other tokens by swapping through dexes

2. Loot Boxes: Coming soon, users will be able to purchase loot boxes with tickets to redeem for collectibles like memecoins and NFTs