Scarcity

We use simple scarcity mechanics to incentivize the betterment of the collection as a whole. As we introduce new images, we sometimes offer the option to burn or trade existing NFTs from within the collection. This gives collectors an option to trade up, and encourages the removal of weaker images for more desirable ones. Additionally, the floor price of the collection may require that existing art must be burned for new art to enter the collection.

Supply Expansion Model

How it works: If the required floor price is not met, new drops can only enter the supply state by burning art from the existing supply. Additionally, max supply only increases if both the Max Supply and the corresponding Required Floor Price are met together. A rapid floor price increase does not trigger an automatic supply increase.

Max supply = NFTs + paired NFTs.

Supply Expansion Model in Degen Detail

The collection implements a model that links max supply expansion to floor price achievements. Floor price requirements follow a carefully designed mathematical model based on the Golden Ratio (φ ≈ 1.618), a fundamental constant found throughout nature and aesthetics.

Potential supply expansion follows a harmonic distribution. Each era gets a weighting following the formula 1/n where n = era. Here's how it works:

Each era n gets weight = 1/n:

Level 2: 1/2 = 0.500000 Level 3: 1/3 = 0.333333 Level 4: 1/4 = 0.250000, etc.

Sum = 1/2 + 1/3 + 1/4 + ... + 1/13 = 2.180134

Formula: Units = (weight ÷ sum) × 14,436

Example for era 2: (0.500000 ÷ 2.180134) × 14,436 = 3,311 This approach protects holders and creates an elegant balance between value and scarcity.

In a practical sense, the supply max doesn't imply we will release new art pieces to meet the max. We may never increase the supply to ERA 2 regardless of floor price. It only serves to provide some assurances against rapid supply increases and to indicate our intention to grow the value (outcomes may vary and future value is not assured) of the collection in fiat terms. The supply schedule can be adjusted (up or down) with a supermajority vote of NFT holders. See terms.