owned this note
owned this note
Published
Linked with GitHub
---
title: 'Particle-Is-Futuro'
---
<div class="toc">
[TOC]
</div>
# <div class="title">SHE Brings You $PRTCLE</div>
<br>
<img src="https://i.imgur.com/KlEZlTJ.png)">
<div>
<br>
<p class="intro">$PRTCLE at its core, operates primarily as Shenanigan's governance token. However, its functionality extends far beyond just that.
$PRTCLE can be used to support athletes, generate NFT rarity, accrue Defi Rewards, and provide exposure to the entire network of athletes that use Shenanigan.
<strong>$PRTCLE powers Shenanigan (aka SHE), a DAO giving athletes and fans a new way to connect and create additional monetary value.</strong></p>
</div>
<p>SHE believes those who work hard should be rewarded. $PRTCLE is 100% community driven. SHE has never relied on promotions such as <a href="https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp"> initial coin offerings</a> or <a href="https://www.investopedia.com/terms/a/airdrop-cryptocurrency.asp">airdrops</a>.
## <div class="title"> Community Mining</div>
20,000 $PRTCLE are minted per week and distributed proportionally to the entire community. Instead of relying on an ICO or arbitrary airdrop list, SHE utilizes <a href="https://sourcecred.io/"> SourceCred</a> to track and monitor community members' contribution as a method of ensuring that those who earn $PRTCLE are the ones who care the most about the project.
As the platform grows, that same 20,000 will remain fixed while being distributed among an ever-increasing userbase. This method of token creation was used as a way to increase the scarcity of the Token
Athletes, developers, artists, community leaders, social media unicorns and SHE herself are all rewarded in $PRTCLE each week for their dedication to changing how athletes and fans interact with one another.
## <div class="title">Decentralized Judging Panel</div>
$PRTCLE holders will get to vote on the outcome of live challenges. Challenges are personal goals "Dathletes" set to accomplish live on stream for fans. Read more about challenges in our <a href="https://shenanigan.substack.com/p/tour-opening-ceremony-and-shenanigan">Tour De Particle blog posts.</a>
To prevent whales from overpowering this system, only $PRTCLE which has been earned from community mining is counted in the vote. $PRTCLE purchased over Honeyswap or any other marketplaces will still hold transactionary and staking value, but not be eligible to part of the decentralized judging panel.
To further prevent gaming and falsification of the system, SHE will use a fair method of governance known as "<a href="https://en.wikipedia.org/wiki/Quadratic_voting">quadratic voting</a>," which requires the voter to stake progressively higher amounts per successive vote on a single live challenge. Reference the chart below and take note of how each vote requires exponentially more $PRTCLE.
</div>
<img src="https://i.imgur.com/Zxqd49W.png">
<div id="table">
| Votes | $PRTCLE |
|:-------------:|:----------:|
| 1 | 1 |
| 2 | 4 |
| 3 | 9 |
| 4 | 16 |
| 5 | 25 |
</div>
</p>
## <div class="title">$PRTCLE for Fans and Athletes</div>
<p>
PRTCLE is the lifeblood of the Shenanigan Dathlete platform. Owning PRTCLE gives you acces to an entire suite of athlete derived investment opportunities, stemming from fields such as DeFi, NFTs, and Social Tokens.
**With every new Dathlete, SHE and her PRTCLEs grow more potent.**
PRTCLE will connect athletes with fans on an entirely new level. Fans are now incentivized to help athletes. Athletes release NFTs into the Ether, but FANs are the ultimate controllers. As fans increase the rarity of Athletes NRG Cards, they accrue Fan Tokens, receive accolades, gain access to athlete communities, and improve their collection. All the while, athletes recieve royalties from their fans improving their cards.
</p>
### <div class="title">She Defi's Rewards</div>
<p>
SHE uses DeFi to increase the rarity of her NFTs. <a href="https://shenanigan.substack.com/p/nrg-cards-composable-nfathletes">NRG cards</a> naturally accrue Defi Rewards over time. However, to activate these rewards, each owner is required to lock PRTCLE into the NRG Card. This will not only increase the value of the NFT, it will also reduce the amount of circulating supply, further increasing the value of $PRTCLE.
PRTCLE (and corresponding PRTCLE LP tokens) can be staked inside NRG Cards as well. Staking these can increase the valuation of the NRG Card and provide more potent Defi rewards in return.
</p>
#### <div class="title"> Token Rarity </div>
<p>
#### <div class="title">Liquidity Mining Rewards </div>
SHE has introduced Dripp.farm to the world. Dripp farm will increase the value of $PRTCLE by rewarding its holders with highly valuable and rare NFTs. These rewards will be accumulated by providing liquidity to selected currency pools.
</p>
<br>
:::info
<div id="authors">
<strong>Authors:</strong>
<br>
Kittyslasher
<br>
Kilgore
<br>
PrettyScone
<br>
Victor
</div>
:::
:::success
<div id="artist">
<strong>Artist:</strong>
<br>
Ronald
</div>
:::
:::info
<div id="links">
<strong>Links</strong>
<br>
<a href="https://www.coingecko.com/en/coins/particle">
CoinGecko
</a>
<br>
<a href="https://info.honeyswap.org/token/0xb5d592f85ab2d955c25720ebe6ff8d4d1e1be300">
$PRTCLE on Honeyswap
</a>
<br>
<a href="https://shenanigan.substack.com/p/nrg-cards-composable-nfathletes">
NRG Cards
</a>
</div>
:::
<style>
.title{
text-align:center;
color:purple;
}
img{
display: block;
margin-left: auto;
margin-right: auto;
width: 50%;
}
ul {
text-align: center;
list-style-position: inside;
}
#table{
display: block;
margin-left: auto;
width: 75%;
}
#authors {text-align:center;}
#artist {text-align:center;}
#links {text-align:center;}
</style>
###### tags: `Shenanigan`