$RUBY

$RUBY is the lifeblood of the RubyOnAvax protocol — a reward token designed not for speculation, but for refinement and transformation. It acts as the essential material that users farm, stake, and ultimately burn to forge high-value Jewelry NFTs, each representing a time-locked claim on $AVAX.

$RUBY — Core Functions

$RUBY serves multiple roles across the protocol:

• Reward Currency: Distributed to users participating in farming pools, staking, or partner integrations.

• Crafting Material: Burned to forge Jewelry NFTs, the only way to access protocol-backed AVAX yield.

• Progression Driver: Used in future features such as gear fusion, rarity boosts, or special vault access.

---

🔁 Emission with Purpose

Unlike inflationary tokens in typical farming protocols, $RUBY is designed for one-way refinement — it can only be converted into more valuable assets within the ecosystem. This burn-and-mint mechanic ensures long-term sustainability by continuously reducing circulating supply.

---

🔒 Staking and Participation

While $RUBY itself is not staked directly for AVAX rewards, it remains a key driver of staking through:

• Jewelry Crafting: Users burn $RUBY to mint Jewelry NFTs.

• Jewelry Staking: Those NFTs are staked in the Vault of Ages, unlocking AVAX yield over time.

---

🗳️ Governance Impact

$RUBY does not directly confer governance rights. However, its supply, demand, and usage patterns strongly influence economic decisions and protocol parameters. As the primary token in circulation, $RUBY indirectly shapes:

• Emission schedules

• Treasury allocation

• Tier adjustments for Jewelry output

By farming and burning $RUBY, users actively participate in shaping the evolution of RubyOnAvax.