# $DEGEN

## 💎 Emission

**$DEGEN is minted by playing DegenReborn life rounds. 🎮**

Reward formula --

$$
Reward = (Base + Ranking) \* CPI
$$

{% hint style="info" %}
**What is CPI 🧐**

Determined by price of $DEGEN, as read from DEX in the deployed chain (e.g. Pancake).

For example, when $DEGEN price goes up by 50%, CPI will go down by 50%, vice versa.
{% endhint %}

| Your Percentile | Base Reward |
| --------------- | ----------- |
| < 1%            | 18          |
| 1% \~ 10%       | 8           |
| 10% \~ 30%      | 3           |
| 30% \~ 50%      | 2           |
| 50% \~ 100%     | 1           |

| Your Ranking | Ranking Reward |
| ------------ | -------------- |
| 1            | 8888           |
| 2 \~ 10      | 888            |
| 11 \~ 100    | 88             |

## 🎯 Utility

The key utility for $DEGEN is to win Airdrop + Jackpot rewards, which grant both $DEGEN tokens and native tokens like NATIVE TOKEN. 🤑

$DEGEN will be used for future game modes of DegenReborn, too. 😎

## 🔥 Burn

Tributing $DEGEN tokens will cause it to be staked & burned from circulating supply. ♻️

It can still be moved across different incarnations anytime. 👻

Since the leaderboard is refreshed when a new season starts, new incarnations and new $DEGEN need to be created to compete in the new season. 🐣

## ♻️ Tokenomics

<figure><img src="/files/9DFyhhfxj6bcpsCRWQ1p" alt=""><figcaption><p>$Degen Distribution</p></figcaption></figure>

## 🧠 Big Brain Diagram

{% embed url="<https://youtu.be/8ByjV-YG3oU>" %}

<figure><img src="/files/71CD6DrP2vareHq1lUw4" alt=""><figcaption></figcaption></figure>


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