Diggles
01Overview

What Diggles Is

Diggles is a token and a collection of 1,000 Diggle NFTs that launch together and operate as one economic system. They are not two separate products that happen to share a name — neither half works without the other.

The token acts as the mine. The NFTs are the miners working inside it. Trading activity on the token produces creator fees, and those fees are what the Diggles are paid from.

The short version

  • Token trades generate creator fees.
  • Fees flow into a shared reward pool.
  • The pool is distributed to Diggle holders every 30 minutes.
  • Each Diggle's cut is set by its reward weight.
  • Weight is raised by permanently burning tokens.
  • Protocol fees buy Diggles off the market and retire them forever.

Key numbers

ItemValue
Diggles at launch1,000 (maximum, never increases)
Starting levelLevel 1 for every Diggle
Distribution intervalEvery 30 minutes
Reward sourceCreator fees from token trades
Upgrade costPermanent token burn, rising per level
RetirementProtocol buys Diggles from secondary and removes them
02The Mine

The Token Is The Mine

Everything the Diggles earn originates from token trading. When the token changes hands, creator fees are generated. Those fees are not distributed directly to token holders — they are routed into the reward pool that the Diggles draw from.

Why it is framed as a mine

A mine only produces while it is being worked. The token behaves the same way: fees exist only when there is trading activity. Quiet markets mean a thin pool; heavy volume means a rich one. The Diggles do not create the value — they capture it.

What the token holder gets

Holding the token is exposure to the mine itself. Holding a Diggle is a claim on the fee stream the mine produces. The two are deliberately coupled: burning tokens to upgrade Diggles removes token supply, and fee-funded buying supports the Diggle market.

03The Loop

The Economic Loop

The whole system is one repeating cycle. Each step feeds the next, and the last step feeds the first.

token trades
   ↓
creator fees accumulate
   ↓
Diggles earn (every 30 min)
   ↓
tokens are burned to upgrade Diggles
   ↓
protocol fees retire Diggles
   ↓
fewer and stronger Diggles share future fees
   ↺

Two pressures, one direction

The loop applies pressure from both ends at the same time:

  1. Upgrades increase what an individual Diggle is entitled to.
  2. Retirement decreases how many Diggles the pool is split between.

Both raise the share flowing to a Diggle that stays in the collection. One works on the numerator, the other on the denominator.

04Distributions

Paid Every 30 Minutes

Creator fees collect into a shared reward pool. On a repeating 30 minute cycle, the pool is distributed across the active Diggles in proportion to their reward weight.

How a share is calculated

your share = your total reward weight
             ─────────────────────────────
             reward weight of all active Diggles

your payout = your share × pool collected this cycle

Holding several Diggles simply adds their weights together. A holder with three Level 1 Diggles has three times the weight of a holder with one.

What varies between cycles

  • Pool size — driven entirely by trading volume in that window.
  • Total active weight — moves as others upgrade and as Diggles retire.

A cycle with no trading produces no fees, and therefore nothing to distribute. Payouts are variable by construction, not a fixed yield.

05Reward Weight

Weight Decides The Split

Reward weight is the single number that determines how much of each distribution a Diggle receives. Every Diggle begins at Level 1 with the base weight, so at launch all 1,000 Diggles are equal.

Levels

Raising a Diggle's level raises its weight permanently. Higher-level Diggles therefore receive a larger share of all future distributions — the upgrade is forward-looking and does not apply to cycles that already paid out.

LevelReward weightBurn cost to reach
Level 1Base weightNone — starting state
Level 2Above baseFirst burn tier
Level 3Higher stillMore than Level 2
Level 4Higher stillMore than Level 3
Level 5 and aboveHeaviest weightSteepest burn per level

Exact weights and burn costs per level are published at launch. The rule that holds regardless of the final figures: weight rises with level, and each level costs more to reach than the one before it.

Relative, not absolute

Weight only matters relative to the rest of the collection. If many holders upgrade, total active weight rises and each unit of weight claims a smaller fraction of the pool. Upgrading protects and improves your position in the split; it does not guarantee a fixed amount.

06Upgrading

Burn To Level Up

Upgrading is the only way to increase a Diggle's reward weight, and it is done by permanently burning tokens. Burned tokens are destroyed — they do not go to a treasury, the team, or another holder.

Properties of an upgrade

  • Permanent — a level, once reached, stays with the Diggle.
  • Attached to the Diggle, not the wallet. Selling the Diggle transfers its level with it.
  • Progressively priced — each level demands a larger burn than the last.
  • Deflationary — every upgrade permanently removes token supply.

Why the cost curve rises

Rising costs keep the top of the ladder expensive to occupy. Reaching the highest levels requires burning a meaningful amount of supply, so strong Diggles represent real, irreversible cost rather than a cheap toggle.

Burning is irreversible. There is no downgrade path and no refund of burned tokens.
07Retirement

Miners Leave The Mine

A portion of protocol fees is used automatically to purchase Diggles from the secondary market. Any Diggle acquired this way is permanently retired and removed from the active collection.

What retirement means

  • The Diggle no longer participates in distributions.
  • Its weight leaves the total active weight.
  • It never returns to circulation.

Because retired Diggles stop drawing from the pool, the Diggles that remain gradually represent a larger share of every future distribution.

Effect on the market

Retirement is funded by protocol activity rather than discretionary spending, so buying scales with how much the mine is being worked. It creates standing demand for Diggles on the secondary market and shrinks the set of holders competing for fees at the same time.

08Supply

One Thousand, Counting Down

The system begins with a maximum of 1,000 Diggles, and that number can only decrease over time. There is no mechanism that mints additional Diggles.

QuantityDirectionCause
Active DigglesDown onlyProtocol-funded purchase and retirement
Individual reward weightUp onlyToken burns for upgrades
Token supplyDown onlyBurns are permanent
Reward pool per cycleVariableTrading volume in that window

The collection therefore gets smaller while the miners inside it get stronger. Fewer Diggles, each carrying more weight, sharing whatever the mine produces.

09Risk

Read This Part

Diggles is an experimental on-chain economy. The mechanics described here are the intended design; they are not a promise of profit.

  • Rewards are variable. Distributions depend entirely on trading volume. Low volume means small or empty cycles.
  • Upgrades are irreversible. Burned tokens cannot be recovered, and a higher level does not guarantee that its cost will be earned back.
  • Weight is relative. Your share can fall if others upgrade faster than you, even at an unchanged level.
  • Retirement removes assets. Once a Diggle is retired it is gone permanently.
  • Market risk applies. Both the token and the Diggles can lose value, and secondary market liquidity is not guaranteed.

Nothing on this site is financial advice. Do not commit funds you cannot afford to lose.