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FAQ: 🔸What is Arena? Arena is designed to be a sub environment of pump fun where tokens created on the platform compete against each other in various games. The goal of the platform is to increase visibility of good coins and address current complaints about creator fees by only giving them to "deserving" tokens. 🔸What games are there currently? The first one developed is "Knockout", a classic tournament style game where the coin with the higher market cap at settlement time wins. After the tournament ends, creator fees from all participating coins will be divided as follows: 33% -> Used for $ARENA buybacks 33% -> Used for buybacks of the tournament winner. 34% -> Sent to dev of the winning coin. These will persist even after the tournament ends. 🔸What benefits do holders have? $ARENA is powered by multiple flywheels. For each game that will be developed, part of the revenue will go into buying back the token. You will also get a say into which games will be developed, revenue splits, and a say on the whole ARENA ecosystem. 🔸Dev holds 10% can you trim? Pump fun's competition rules require me to hold 10% to be eligible. This supply is locked and won't be sold. The remaining 2% will be used to fund the project (ex. DEX, smart contract deployment fees, website & server costs, RPC costs, etc...) 🔸I have an idea, how can I contact dev? The development process is streamed on pump fun, come say hi! Alternatively you can message me on X at x.com/altedv3