# FIRE

## Token <a href="#token" id="token"></a>

**Ticker:** [**FIRE**](https://exchange.polydragon.io/#/swap?outputCurrency=0xe118e8b6dc166CD83695825eB1d30e792435Bb00)

Chain: Polygon / Matic&#x20;

Contract address:  [0xe118e8b6dc166CD83695825eB1d30e792435Bb00](https://explorer-mainnet.maticvigil.com/tokens/0xe118e8b6dc166CD83695825eB1d30e792435Bb00/token-transfers)

Buy FIRE [**here**](https://exchange.polydragon.io/#/swap?outputCurrency=0xe118e8b6dc166CD83695825eB1d30e792435Bb00)**.**&#x20;

**MasterChef:**&#x20;

Contract address: [0xCEd39CF6221a10331e2349224BB1Eeb03A5c146f](https://explorer-mainnet.maticvigil.com/address/0xCEd39CF6221a10331e2349224BB1Eeb03A5c146f/transactions)

The MasterChef contract contains all assets staked on PolyDragon.

**Supply**

1 Quadrillion static supply with deflationary burn mechanisms.&#x20;

**Emission rate**

Auto-balancing mechanism that pays out FIRE based on current pool deposits and token contract reward balance.

**Utility**

* Staking
* Platform Fees (buyback and burn)
* Governance (to be implemented)

**Pool Fees**

* 50% Buyback and sent to reward contract.
* 50% sent to the PolyDragon Treasury for marketing, growth, and development.

**Example:** Our USDC pool has 4% fee (2% buyback + 2% to PolyDragon Treasury) If you deposit $1000, 4% of that ($40) gets sent to the fee wallet. Of the 40 USDC, 20 USDC is being used to market-buy more FIRE. The FIRE that is bought from the market then gets sent to the reward contract to pay people that are staked. The other 20 USDC is then being sent to the PolyDragon Treasury.&#x20;

<div align="center"><img src="https://4054805910-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-M_GAFFAxuDt1rLptigM%2F-M_LO4tbwnQxiWDG2YoT%2F-M_M5NKE880O6kJBu-Zy%2FFIRE.png?alt=media&#x26;token=d58fc699-9e82-4976-bee0-a8ef07b83f08" alt=""></div>
