Tokenomics

By now, you should know that DegenPrime is all about degeneracy. The tokenomics of $DgP is no exception.

During the early phases of DegenPrime, the Degenerates are battling it out for Degen Points. You can see the number of points you are getting your Degen Overview. But are you winning? Check the Leaderboard. You're not winning? Crank your degeneracy up and start earning some points, only then will you be able to earn some $DgP.

Still not winning? Move over, kid, you might be better off as a Diamond Hand. They too earn Degen Points.

$DgP

One more time: the more degenerate you are, the more points you earn, the more $DgP you can receive. $DgP is DegenPrime's utility token. It can be used to boost your LP rewards.

You heard that right, boosting your already leveraged LP rewards. 5000% yield sounds good (hint, 5x leverage on 1000% APR), but increasing that to 7500% sounds better.

Some detectives may wonder where that extra 50% yield comes from. The answer: other DegenPrime users who are nΓ³t staking $DgP. So, when we told you that you don't have to share your profits with anyone. Well... that's not completely true for your yield - Γ­f you don't stake any $DgP. If you dΓ³ stake $DgP, you get your well-earned rewards.

If you want to know how to boost your Degen Points, and thereby climb the Leaderboard, look at your Degen Overview.

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