> For the complete documentation index, see [llms.txt](https://degen-bear-experiment.gitbook.io/dbe-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://degen-bear-experiment.gitbook.io/dbe-docs/basics/intro.md).

# Introduction

### 🐻Degen Bear Experiment

**Mint. Burn. Pray.**

Degen Bear Experiment is a **fully transparent on-chain trading game**.

Every mint opens a real position.\
Every burn gives you a random one.

No promises. No guarantees. Just chaos.

<figure><img src="https://2104519455-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FAT7UiIlg4YaI4M3qbhZE%2Fuploads%2FZ3W1RnOPtKvUkc9Pj7mS%2Fimage.png?alt=media&amp;token=c27fcafd-d824-407c-af2c-e937d3f096ee" alt=""><figcaption></figcaption></figure>

***

### The Idea

You don’t get what you create.

You get what someone else created… earlier.

👉 That’s the game.

***

### Core Loop

<pre><code><strong>Mint → create a new position
</strong>Burn → receive a random older position
</code></pre>

Some Bears win.\
Some Bears get liquidated.