Utility token STACKERS (STACK) is a utility token on Robinhood Chain tied to the Stackers NFT collection. STACKERS (STACK) functions as the burn token within the Stackers project on Robinhood Chain. Holders burn it to activate, upgrade, or fuse the associated NFTs. The token itself carries no direct payout and sees its supply decrease through these burns. Burn mechanism It powers activation and upgrades for NFTs that earn tokenized stocks hourly. Burning STACK activates a Stacker NFT at base tier and enables selection of tokenized stocks or USDG for hourly earnings from trading fees. Higher tiers and fusing require additional burns, with all activity permanent and cumulative. The NFTs accumulate the chosen assets directly in their vaults. Project context It belongs to a 3,000-piece voxel NFT collection launched on Pons. Stackers consists of 3,000 voxel NFTs on Robinhood Chain, with minting completed and supply now only decreasing. The project includes a trading desk for leveraged positions in the same tokenized stocks and operates independently of the chain operator.

AI-written summary, not the project's own copy