Economy

Utility

Play

Every position, on every product, opens and pays in $HOLD, straight from the backstop. The more the venue is played, the more $HOLD has to be held and moved.

Back

The backstop that pays your wins holds $HOLD, so the token directly backs settlement. A stronger token means deeper payouts.

Stake

Stake $HOLD to provide settlement liquidity and take a share of platform fees. Your stake backs the payouts and shares in the upside.

Demand up, free float down

The same design pushes both directions at once. Usage forces $HOLD to be held and moved, while $HOLD locked in the backstop and $HOLD staked to back settlement sit out of circulation. Real activity raises demand while the circulating supply trends lower.