FARE Protocol

The FARE ecosystem is built on probabilistic smart contracts, which are triggered by transparent on-chain events based on probabilistic variables. The first use case of these contracts is the random minting and destruction of FARE tokens ("win" or "lose"). The design of the system ensures that the probability of losing or destroying tokens is higher than the probability of minting or winning, similar to how casinos in the real world operate. Unlike the centralized "banker" in a casino, the transfer of value to FARE holders is achieved through token inflation.