> For the complete documentation index, see [llms.txt](https://jester.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://jester.gitbook.io/docs/tokenomics/favour/summary.md).

# Summary

#### ❓ What is Favour?

**Favour is Jester’s loyalty currency.**

* You **earn it** by trading through the bot, referring others, or holding JEST.
* You **spend it** passively — at the end of each Season, your Favour share determines how much of the Spoils (buybacks redistributed) you receive.
* It resets every Season, so every tournament is fresh and competitive.

In short: **Favour = proof of activity and loyalty → your claim on Spoils.**

***

Trading = King → biggest Favour driver, feeds treasury.

Holding = Loyalty → multipliers + snapshot stipends for commitment.

Referrals = Growth → small but renewable source of Favour.

Royal Ceiling (5%) → stops whale domination, redistributes broadly.

Dynamic Pool (Large % of net fees, most of which is redistributed) → reflexive, scales with platform success.

Buyback + Spoils > Fee Rebates → users get more value per $1 fee.

Time-Separated Buybacks → better optics, more token capture.

Season Reset → fresh competition each cycle, hype driver.

Whales win mainly on token appreciation → Spoils balance shifted toward mid-level tiers.

Caveat: all numbers may be tuned over time to keep the system balanced. This is a rough draft of the system to be implemented, but may need to be adjusted.