Token & fees

08 / 11

$IWA

A fixed-supply, ownerless ERC-20. It is the ticket to every pack, and half of every ticket is burned.

1,000,000,000 $IWA minted once at deploy — no owner functions, no mint path, no transfer hooks, no blacklist. The token's total supply can only go down: 50% of every pack payment is burned at settlement.

#AllocationShareTerms
01Liquidity60%Seeds the canonical Uniswap v4 pool
02Promo / spin rewards20%Multisig reserve
03Team20%6-month linear vesting contract
  • Demand — packs are priced in $IWA; every player must acquire it to play.
  • Burn — 50% of every pack payment is destroyed. Cumulative burn is a public counter on the app's dashboard.
  • No protocol selling — prizes are funded from ETH tax flow, never from selling $IWA. The treasury cannot add sell pressure to fund operations.

Risk

$IWA is a volatile speculative asset with no claim on revenue, equity, or the prize pools. Its only protocol role is being the pack currency with a deflationary sink. Nothing here is investment advice.