Pokepeg is a pixel-native protocol that turns NFTs and fungible tokens into two states of the same asset. Every creature can be burned for $POKEPEG, and every $POKEPEG balance can be forged back into a new creature. The supply is self-regulating: rare drops leave fewer in circulation, common burns inflate the token, and the forge keeps producing fresh sprites.

The protocol runs entirely on-chain with no centralized backend. Sprite metadata is committed at mint, and rarity is rolled via verifiable randomness.

1. BURN. Send a creature NFT to the furnace contract. The token ID is permanently destroyed.
2. CLAIM. In the same transaction, $POKEPEG is minted to your wallet based on the creature's rarity tier.
3. FORGE. Deposit at least 100 $POKEPEG into the forge. A new creature with a randomized tier is minted to your wallet.
4. REPEAT. The loop runs forever. Each cycle takes a small fee that flows to the treasury and LP rewards.

Supply is dynamic. Burns mint $POKEPEG; forges remove it. Over time, supply tracks the ratio of holders who prefer collecting sprites versus holding liquid tokens.

Every minted creature lands in one of four tiers. The roll uses on-chain VRF and cannot be predicted.

• • COMMON — 65% drop rate, redeems for 100 $POKEPEG.
• • RARE — 25% drop rate, redeems for 500 $POKEPEG.
• • EPIC — 8% drop rate, redeems for 2,000 $POKEPEG.
• • LEGENDARY — 2% drop rate, redeems for 10,000 $POKEPEG.

Addresses are placeholders until mainnet deployment is verified.