Utility
DefiHorse provides the first reference for how DFH can be used in the ecosystem, with each additional supporting title adding value and utility to the broader DFH ecosystem and the token itself.
Utility
Description
NFT Purchases
DFH will be used as a means to purchase exclusive racehorse NFTs. The number of NFTs made available for purchase will be proportional to the amount of DFH in circulation.
Gameplay Entry Fees
Players pay DFH as an entry fee for all of the gameplay modes
Gameplay Rewards
A portion of the gameplay fees collected in each race will be used as player rewards, to be granted to participating players based on their race performance. A portion of the gameplay fee will also be paid as dividends to the track’s owners.
Staking
Owners of racehorse NFTs can “stake” them to earn DFH, the amount of which is determined by the rarity and value of the NFT and the length of the staking period. Players can also stake DFH itself, and in return receive additional DFH dividends as well as NFTs.
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