FARE TOKEN SOON

FARE is a token that users will be able to gamble with via the FAREVault smart contract. When a user wagers FARE and loses, their wagered FARE is burned. When a user wagers FARE and wins, their FARE winnings are minted. The FAREVault smart contract ensures that there is a negative expected value for users (commonly referred to as "house edge" in casinos).

Because players lose more than they win, there is more burning than minting. This means FARE will be a probabilistically deflationary token, and as such, FARE holders are the "house." Developers can deploy their own FARE casinos on top of the FAREVault smart contract permissionlessly and without a bankroll. Read the whitepaper to learn more.