> For the complete documentation index, see [llms.txt](https://coincu.gitbook.io/defihorse/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://coincu.gitbook.io/defihorse/platform/defihorse-core-values.md).

# DefiHorse Core Values

DefiHorse is an NFT-based racehorse platform that allows you to race for thousands of dollars on digital courses, gather unique horses for your stable, and breed a bloodline championship.

## How does DefiHorse work?

DefiHorse is a digital horse racing platform based on the Binance Smart Chain. BEP20 tokens, a token standard used by BSC-based NFTs to make each one unique, can be used to purchase horses, which can then be traded, bred, or raced as desired.

**Trade**: Because your horses are NFTs, players are free to buy and sell them whenever they choose. 

**Race**: Players will compete with other horse owners in the race. There are free and paid races, all of which have a real prize fund and results.

You can buy and sell your horses whenever you want because they are NFTs.

**Breeding** has become the most profitable aspect of the game, with elite racers' digital offspring commanding tens of thousands of dollars.

### **Race:**

You are permitted to enroll your horses in races with other horse owners. Select between free and paid races, each with a real prize pool and results for your horse.

This is the most profitable aspect of the game, with elite racers' digital offspring bringing tens of thousands of dollars.

## Monetization

DefiHorse can be monetized in various ways:

1. **NFT asset sales** - there will be regular drops in the DefiHorse platform where players would be able to purchase assets such as horses and hippodromes.
2. We would take a small **fee from all transactions on the platform**: NFT horses sales, races, breeding, etc

### Fee structure

**Fees are applied on the platform for every transaction**. The size of the fee depends on the form of transactions. DefiHorse fee structure:

| Transaction               | Fee                   |
| ------------------------- | --------------------- |
| NFT horses sales          | 4.25%                 |
| NFT horse breeding        | 15-30% total Stub Fee |
| Participating in the race | 2% of entry fee       |