Owning and upgrading · Chapter 03 / 11
What $FUEGO is used for
$FUEGO is the token you use to develop your Fuegos and interact with the economy. You can earn it through Trading Seasons or acquire it on the market once trading opens.
From tokens to NFTs and upgrades
| Use | What it does |
|---|---|
| Ignition | Activates a Fuego under the relevant season and ownership conditions. |
| Leveling | Permanently increases the base Vault weight of the Fuego you upgrade. |
| Forge minting | Creates released equipment, utilities or collectibles when you meet the recipe requirements. |
| Kiln exchanges | Lets you obtain an available eligible Fuego with tokens, or exchange an eligible Fuego for tokens. |
Owning more Fuegos gives you more individual Vaults to activate, level and equip. Earned rewards can cover some of those actions; holders who want to do more can buy additional $FUEGO. People can also trade the token without owning an NFT, including for speculation. That does not guarantee demand or a higher price.
How much $FUEGO can be minted?
The lifetime mint cap is 100MM, with no team token allocation. A season's allowance is the maximum it can issue, not the amount already circulating. Burning tokens reduces outstanding supply but does not create room to mint beyond the lifetime cap.
Base $FUEGO allowance for each season
Before adjustments and the remaining lifetime cap. These are minting allowances, not circulating supply.
See all twelve base allowances
| Season | Base $FUEGO allowance |
|---|---|
| 1 | 11,404,154 |
| 2 | 10,947,988 |
| 3 | 10,510,068 |
| 4 | 10,089,665 |
| 5 | 9,686,079 |
| 6 | 9,298,635 |
| 7 | 8,926,690 |
| 8 | 8,569,622 |
| 9 | 8,226,837 |
| 10 | 6,170,127 |
| 11 | 4,113,418 |
| 12 | 2,056,709 |
| 13 | 0 |
The twelve base allowances total just under 100MM. The base allowance is zero from Season 13. Season 1 includes the one-time 5.09MM $FUEGO launch seed for First Spark.
From Season 2, finalized burns and qualifying growth can adjust the next season's base allowance between 70% and 130%, subject to the remaining lifetime cap. The base curve declines, but an adjusted season can be higher than the one before it. From Season 2, the season's $FUEGO allocation is split approximately 55.91% to Trader rewards and 44.09% to delegation rewards.
Which uses burn $FUEGO?
Where spent $FUEGO goes
The Kiln row covers its token-side $FUEGO fee only, not its separate ETH charge and not the NFT exchange amount. LP Depth Reserve is retained $FUEGO set aside for future DEX LP depth, not tokens already deployed in a liquidity pool.
Ignition and leveling payments
- Burned: 50%
- LP Depth Reserve: 50%
Forge payments and eligible winning bids
- Burned: 100%
Kiln $FUEGO fee only
- Burned: 40%
- Kiln reserves: 40%
- LP Depth Reserve: 20%
Ignition and leveling payments are split equally between burning and the LP Depth Reserve. Forge payments and eligible winning auction bids burn 100%.
The Kiln charges two separate fees on an exchange: an ETH charge and a token-side $FUEGO fee. Only the $FUEGO fee splits 40% to burning, 40% to Kiln reserves and 20% to the LP Depth Reserve. That split does not apply to the ETH charge or to the tokens exchanged for the NFT. The ETH charge counts toward the fee income described in How Vaults earn $LIT; it is not used to buy $FUEGO to refill the Kiln.
The LP Depth Reserve is retained $FUEGO set aside to support future DEX LP depth. It is not yet deployed into a liquidity pool, and setting tokens aside does not by itself increase LP depth; the reserve follows the protocol's permitted uses rather than being automatically sold. Burning $FUEGO and funding Vaults are separate: burns remove tokens; qualifying fee income pays for $LIT distributions.