♥️bwin - Rewards & Burn
Rewards System
One of the most notable and enticing features of bwin is the Rewards system we've implemented. We recognize the significance of rewarding our most loyal and dedicated users. Bearing this in mind, we've devised a system that directly benefits those who believe in and support our long-term vision.
Eligibility for Rewards
To qualify for rewards, a user must hold a minimum of 0.5% of the total $BWIN supply. Upon reaching this threshold, they are automatically deemed eligible to receive rewards for their loyalty and commitment to the platform.
Distribution of Rewards
Every time a game is played on bwin, 3% of the game's total pot is taken and distributed amongst all users who hold 0.5% or more of $BWIN . This means that with every game played on the platform, eligible holders will see a consistent accumulation of $BWIN in their wallets.
Benefits of the Rewards
Passive Incentive: Users don't need to do anything other than maintain their $BWIN stake to reap the rewards. As the platform grows and more games are played, the benefits of holding $BWIN increase.
Loyalty Recognition: This rewards structure is our way of showing appreciation to our most valuable members for their faith and trust in bwin.
Stimulating Token Economy: By encouraging users to hold onto $BWIN, we aim to bolster the health and stability of the token economy in the long run.
Burn System
At bwin, we have implemented a token burn system to add an additional element of value and sustainability to our token economy. Every time a game is played on bwin, 1% of the total tokens wagered in that game are burned. This means that with each game, we are actively decreasing the total supply of $BWIN in circulation.
As more and more games are played on our platform, the cumulative amount of tokens burned will increase. This consistent token burn, combined with the demand generated by our players and holders, is designed to create a healthy and sustainable balance in our token's economy, benefiting both active players and long-term holders
Benefits of Burning
Token burning can offer several advantages to a cryptocurrency economy, including potential token value appreciation and inflation prevention.
Application in bwin
bwin has opted to integrate this mechanism within its platform. Specifically, every time a game is played on bwin, 1% of the total tokens wagered are burned.
Impact on Supply
With each game played, we are actively reducing the total supply of $BWIN in circulation. As more games are conducted, the cumulative number of tokens burned will increase.
Long-term Objective
This consistent reduction in supply, paired with our users' demand, aims to establish a healthy balance in the token's economy, benefiting both players and holders alike.
By rewarding loyal users and integrating a burn system, we foster trust and unity within the bwin community. This approach not only elevates $UBET's potential value but also solidifies our forward-looking vision for long-term growth.
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