Airdrop
The Housebets Token (HBTS) is designed as a core component of the Housebets ecosystem, focusing on genuine utility rather than serving as a mere marketing instrument. The token’s introduction is strategically planned to coincide with the platform’s full launch, ensuring it delivers tangible value to users.
Key Features of HBTS:
• Staking Mechanism: Users can stake HBTS tokens to earn rewards and influence the allocation of rebates available to active gamblers on the platform. This staking function not only generates rewards but also modulates the rebates, aligning the interests of token holders and players.
• Dynamic Incentives: The platform employs a dynamic incentive system where token holders, through their staking activities, determine the level of rebates (‘Free Bets’) offered to users. This approach allows the market to naturally adjust the incentives, optimizing user acquisition and retention costs.
• Burn Mechanism: A portion of the Net Gaming Revenue (NGR) is allocated towards burning HBTS tokens, effectively reducing the total supply over time. This burn rate is inversely related to the staking levels, meaning higher staking participation leads to a lower burn rate, thereby incentivizing token staking.
• Inflation Control: The token supply follows a controlled inflation model, with emissions reacting to the platform’s economic utilization. Factors such as tokens staked and liquidity provided in the core liquidity pool influence the inflation rate, ensuring alignment with the platform’s growth and user engagement.
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