How THALOR Works
A self-sustaining ecosystem powered by Harberger taxes, weekly card rips, and community ownership. Here's how every piece connects.
Claim a Chair
Pick any available chair from the 256-seat grid. Set your own price and become an owner. The higher you price it, the more tax you pay—but the harder it is for others to buy.
Pay Harberger Tax
Every week, you pay 5% of your chair's self-assessed value as tax. This tax flows directly into the shared pot, growing the weekly rip prize.
Weekly Rip
Every Friday at 19:00 UTC, the pot rips packs. Cards are randomly distributed to chair holders based on their tax contributions and seat positions.
Collect Cards
Rare cards go to the vault. Chair holders get priority access to claim cards. Build your collection and climb the leaderboard.
Buy & Burn
A portion of every chair purchase burns $THALOR tokens. This creates constant deflationary pressure, rewarding long-term holders.
The THALOR Flywheel
Every element feeds into the next, creating a self-reinforcing ecosystem.
$THALOR Tokenomics
Designed for long-term value with continuous burn mechanics.
2%
Buy & Burn
of every chair purchase
5%
Pot Contribution
weekly Harberger tax
1%
Card Claims
burned on vault access
Frequently Asked Questions
What is Harberger Tax?
Harberger tax is a system where owners self-assess their property value and pay a percentage as tax. Anyone can buy the property at the self-assessed price, creating efficient markets where prices reflect true value.
How are cards distributed?
During each weekly rip, cards are randomly distributed based on a weighted system. Chair holders with higher tax contributions and longer holding periods have better odds of receiving rare cards.
What happens if someone buys my chair?
You receive your self-assessed price instantly. The new owner takes over the chair and starts paying tax on their new price. A portion of the sale burns $THALOR tokens.
Can I change my chair price?
Yes, you can adjust your price at any time. Remember: higher prices mean higher weekly tax, but also make your chair harder to buy.
What is $THALOR?
$THALOR is the ecosystem token. It's used for premium features, governance, and is burned on every chair transaction, creating deflationary tokenomics.