FAQ
Frequently Asked Questions for stupid Beras
General Questions
What is HimFerno?
HimFerno is a raffle system built on Berachain for the HIM token ecosystem. It creates buy pressure, burns tokens, and rewards both participants and HIM holders.
Why is it called HimFerno?
The name combines "HIM" (the token) and "inferno" (a massive fire). We burning supply, pretty self explanatory bozo.
How does HimFerno benefit the HIM ecosystem?
It benefits HIM in multiple ways:
Creates constant buy pressure when $BERA is swapped for HIM
Burns 31% of tokens in each round, reducing supply
Incentivises holding $HIM by giving bonus entries
Recycles trading fees to start new rounds
Participation Questions
How do I participate in HimFerno?
When a round is active, simply send $BERA to the HimFerno contract. Your $BERA will be used to buy $HIM, and you'll receive raffle entries based on your bet amount.
Is there a minimum bet amount?
Yes, each round has a minimum bet amount set by the fee collector. This will be announced at the start of each round.
Do I need to hold HIM tokens to participate?
No, you can participate by simply betting with $BERA. However, holding HIM tokens gives you bonus entries, increasing your chances of winning.
How are winners selected?
Winners are selected completely randomly using Pyth Network's entropy (randomness) service. This ensures fair and tamper-proof selection.
Rewards Questions
What do I get if I win?
If you win, you automatically receive 69% of all $HIM in the contract. This includes the initial $HIM fees and all $HIM purchased from players' bets.
What happens to the rest of the tokens?
The remaining 31% of $HIM tokens are burned (sent to a dead address), permanently reducing the total supply of $HIM.
How do bonus entries work?
If you hold HIM tokens in the same wallet you're betting from, you receive bonus entries:
6,969 + $HIM
+5% Entries
696,969 + $HIM
+15% Entries
6,969,696 + $HIM
+25% Entries
Can I win multiple times?
Yes! Each entry has an equal chance of winning, so technically you could win multiple rounds if you're extremely lucky.
Rounds Questions
How long does each round last?
The duration of each round is set by the fee collector when starting a new round. This could be hours, days, or longer.
What causes a round to end?
A round ends when either:
The maximum $BERA cap for the round is reached, or
The time limit for the round is reached
How do I know when a new round starts?
Follow official HIM token communication channels for announcements about new HimFerno rounds starting.
Security Questions
Is HimFerno safe?
HimFerno uses well-established smart contract patterns and has been designed with security in mind. The random winner selection uses Pyth Network, a trusted oracle provider.
What happens if something goes wrong?
The contract includes safety features like an emergency stop that can be activated by the owner if any issues are detected - don't worry tho, Dev is cracked so not gunna happen.
Technical Questions
What blockchain is HimFerno on?
HimFerno runs on Berachain, using $BERA as the entry token and $HIM as the reward token.
Can I see the contract?
Yes, the contract is open source and can be viewed on the blockchain. [Include contract address and explorer link when deployed]
How do I check my entries?
You are able to view all key information regarding personal contribution, as long as broader Round info on our website
Have more questions? Join our TG to ask - find details here.
Last updated