
The Wheel & Seasons
Legacy tokens aren't dead — spin the Wheel to convert old-season $PONZI into current-season cards and tokens.
▸ Season System
Ponzimon operates in 30-day seasons. Each season introduces a fresh $PONZI token. When a season ends:
▸ The Wheel
The Wheel is a 20-position spinning game designed as a token sink for legacy-season tokens. It gives old token holders continued utility and creates a bridge between seasons.
Spin Cost
Wheel Outcomes
| Result | Positions | Reward |
|---|---|---|
| ❌ Nothing | 10 | — |
| 🃏 Card | 9 | Random card (reward rarity table) |
| 💰 Tokens | 1 | 5–100 current-season $PONZI |
Card Rewards
Cards from the Wheel use the reward rarity table, which is slightly different from booster packs:
| Rarity | Base Pull Rate | Effective Rate (w/ recycle) |
|---|---|---|
| ●Common | 60% | 60% |
| ◆Uncommon | 25.9% | 36.1% |
| ★Rare | 10% | 16.14% |
| ★★Double Rare | 3% | 5.74% |
| ★★★Very Rare | 1% | 1.98% |
| ★★★★Super Rare | 0.09% | 0.426% |
| ★★★★★Mega Rare | 0.01% | 0.082% |
Expected Value per Spin
E[spin] = P(nothing) × 0
+ P(card) × E[card value]
+ P(tokens) × E[tokens]
E[tokens] = (5 + 100) / 2 = 52.5 PONZI
The Wheel converts deprecated tokens into:
• Current-season cards (stakeable for hashpower)
• Current-season PONZI tokens (usable this season)▸ Legacy Token Economics
Legacy tokens from previous seasons retain value because they are the exclusive currency for Wheel spins. This creates interesting economic dynamics:
Floor Price Theory
V_legacy ≥ E[spin value] / 250 As long as the Wheel's expected value exceeds zero, legacy tokens have non-zero intrinsic worth.
Legacy tokens retain a floor value proportional to the Wheel's expected value. They never go to zero as long as the Wheel exists.
When a season ends, legacy tokens often dump as holders panic-sell. Smart players accumulate cheaply and spin for current-season value at favorable rates.
The game never fully abandons previous season participants. Old tokens always have a conversion path to new value.
▸ Cross-Season Strategy
PREVIOUS SEASON ends
│
▼
PREVIOUS SEASON $PONZI becomes "legacy"
│
├─► Hold: Wait for Wheel utility
│
├─► Buy cheap: Others panic-sell
│
└─► Spin the Wheel (250 per spin)
│
├─► Win current-season cards → Stake for hashpower
│
└─► Win current-season $PONZI → Use in new economy