$RAREFRIENDS
The token you trade, spend and earn across Hood.
Gameplay burns supply. Rewards redistribute tokens that already exist.
- Initial supply
- 1.024B
- Later issuance
- None
- Gameplay burn
- 50%
Supply only goes down
RF starts with 1,024,000,000 tokens and has no path to mint more.
For a 100 RF gameplay payment: 50 RF leaves supply and 50 RF enters rewards. A burn reduces supply; market demand still determines price.
What the token does
- Hold
- At least 1 RF makes a temporary Generations Friend appear. It has no reward weight and disappears if the balance falls below 1 RF.
- Spend
- Activate Genesis, hardwire Generations, or improve a permanent Friend. Payments are spent, not locked as a refundable deposit.
- Earn
- Active NFTs share RF rewards and WETH market fees. Owning RF by itself does not earn those rewards.
Trading and liquidity
The RF and WETH market charges 5% on the WETH side of buys and sells. All of that fee funds WETH rewards. The pool has permanent liquidity and no additional liquidity-provider swap fee.
A buy with 100 WETH pays 5 WETH to rewards and swaps the remaining 95 WETH. A sale producing 100 WETH before the protocol fee pays the seller 95 WETH.
These pages describe protocol mechanics. Current contract state determines market and reserve availability, balances, and claimable rewards.