World price
prizeᵢ = max(token valueᵢ, backingᵢ)
base = entries × Σ(probabilityᵢ × prizeᵢ)
total = base + 3% backer fee + 3% protocol fee Back to the world gateECONOMIC PAPER · V0.1
FAIR VALUE. WILD ORBITS.
Before fees, world base equals probability-weighted claimable value. The 82% Cooked, 12% Based, and 6% Moonshot coordinates create variance; the reserve moves that variance away from individual backers.
Backer protection
If a player keeps the meme token, its backer receives backing plus snapshotted token value. If the player takes backing, its backer receives the token plus backing reimbursement. Accrued fees are paid in both cases.
Coverage
available reserve + world base
≥ sum(largest eligible prize values)What can go wrong?
Meme-token movement, oracle manipulation, shallow liquidity, USDC depeg/freeze, program defects, randomness liveness, governance compromise, and legal restrictions can all cause loss.