Abstract

Token Overview

This document outlines the utility, structure, and economic design of the $FAVRR token — the core asset powering the Favrr platform. It covers our monetary mechanics, utility logic, and the thinking behind key token design decisions.

$FAVRR is an ERC-20 token deployed on the Base blockchain, designed with a deflationary model through a built-in burn mechanism. It works in tandem with our ERC-1155 FAVEs (fractional fan stocks) and ERC-721 collectibles, forming a multi-asset system that brings fandom, finance, and culture together.

$FAVRR serves as the primary payment and utility token across the ecosystem — from trading and staking to rewards and governance. Token holders can stake to earn boosts and platform discounts, and vote on charitable fund allocation.

Importantly, $FAVRR is not a fundraising vehicle. It’s a functional token, built to facilitate real utility, community alignment, and long-term value across the Favrr ecosystem.