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How $SHAME / $HONOR Works

A comprehensive guide to understanding the tokenized reputation system

System Overview

$SHAME

Used to shame bad actors in the ecosystem

Cannot be transferred once received

Mechanism

$SHAME purchases burn $HONOR, increasing its value

$HONOR

Deflationary token that increases in value over time

$SHAME
100 $SHAME = 1 USDC
Unlimited Supply
Proceeds burn $HONOR
$HONOR
Bonding Curve Pricing
Deflationary

Shaming Process

  1. 1

    User identifies a wallet address to shame

  2. 2

    Purchases $SHAME tokens (100 $SHAME = 1 USDC)

  3. 3

    Target wallet's shame count increases

  4. 4

    Wallet appears on the leaderboard

Note: $SHAME cannot be transferred once received. It permanently marks the wallet address.

Value Creation

  1. 1

    $SHAME purchase proceeds are collected

  2. 2

    Proceeds are used to buy $HONOR from the bonding curve

  3. 3

    Purchased $HONOR is burned, reducing supply

  4. 4

    $HONOR price increases due to reduced supply