Tokenomics
DeFlip ($DeFlip)
Total Supply: The initial supply of DeFlip Tokens is fixed to create scarcity.
Distribution:
Development: A percentage of tokens allocated to fund ongoing development.
Marketing: Tokens set aside for promotional activities to grow the user base.
Community Rewards: Tokens reserved for rewarding active participants and contributors.
Burning Mechanism
DeFlip’s unique burning mechanism is central to its deflationary model:
Win Scenario: 100% of the bet is awarded to the winner, with no burn allocation.
Loss Scenario: The losing bet is divided as follows:
50% allocated to the burn wallet.
35% added to the community pool.
Up to 15% rewarded to the referral system. If no referral exists, this amount is allocated directly to the community pool.
Once the burn wallet accumulates over 500,000 DeFlip tokens, the tokens are permanently removed from circulation, enhancing scarcity and value.
Prize Pool
5% of the initial token supply is dedicated to the prize pool. Up to 50% of every losing bet is retained to grow the house's rewards pool.
Vested
5% of the total supply is vested in three locked phases, gradually unlocking over one year to support growth and prize rewards.
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