Health Token and Social Token
Two utility tokens incentivise users to use the app.
$HEE (Health token) rewards healthy activities. $FIU (Social token) rewards activities involving social interaction such as challenges and SocialFi; in the future, it will become a governance token when DAO is established.
The two tokens are also used in In-app activities.
Users need $HEE to repair NFTs, mint NFTs and level up NFTs at most levels. Users need $FIU to mint NFTs, level up NFTs at some levels and join challenges.
The utilities of $FIU and $HEE will evolve alongside app features.
$HEE Burning mechanism
A portion of the revenue in $HEE tokens are permanently destroyed via token burning. This immediately reduces the circulating supply of tokens. In detail:
90% Minting fee in $HEE (Amendment on July 29, 2022)
95% Leveling up fee in $HEE
95% Repairing fee
1% of NFT Renting Rewards