# How MidasApe Works

#### High-Level Flow

* A creator launches a collection
* Users mint NFTs
* Users optionally burn NFTs
* Rewards are distributed automatically

#### Collection Setup

Creators define at launch:

* NFT supply and mint price
* Reward pool (SOL)
* Reward tiers and probabilities
* Collection duration

Each setup deploys a dedicated NFT collection.\
Parameters cannot be changed after deployment.

#### Minting

* Users mint NFTs by paying the mint price
* Mint fees flow into the reward pool
* Minting itself does not generate rewards
* Each NFT represents one optional burn opportunity

#### Burning & Rewards

* Users burn NFTs to trigger rewards
* NFTs are permanently destroyed on-chain
* Burn conditions are verified by the program
* Rewards are resolved atomically during the burn
* Payouts are sent directly to the user’s wallet
* Burns are final and irreversible

#### Trust Model

* Non-custodial and fully on-chain
* Funds are locked in program-controlled vaults
* No admin can alter burn outcomes or probabilities
* Remaining pool funds can be withdrawn after the collection ends
* All actions are publicly verifiable on Solana

#### Next Steps

* **User Flow** – how users mint and burn NFTs
* **Creator Flow** – how collections are configured
* **Burn Mechanics** – technical execution details


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