BlockBets Whitepaper
  • About Blockbets
    • Our Team
    • Our Platform
    • Our Mission
  • Community
  • Extensive VIP Program
  • Multi-level Affiliate Program
  • Roadmap
  • $BBETS
    • Tokenomics & Distribution
    • Buy & Burn - Price Stability
    • Utility
      • Staking & Profit sharing
      • Liquidity Farming
      • Rakeback Boost
      • Giveaways to Random Holders
    • Taxes
    • $2M+ Airdrop Campaign
  • Official Links
    • $BBETS Presale
    • BlockBets Casino
    • Twitter
    • Telegram
    • Instagram
    • Discord
Powered by GitBook
On this page
  1. $BBETS

Buy & Burn - Price Stability

PreviousTokenomics & DistributionNextUtility

Last updated 1 year ago

To ensure longterm price stability and growth we've committed to use 20% of all Casino, 30% of all Sportsbook & 25% of all Poker profits to buy back $BBETS Token. 


5% of these buybacks will go towards one lucky presale participant - the winner of the 5% buyback raffle.

The other 95% will be burned. This ensures mitigation of potential sell-pressure in any case, and contributes to price stability.

Achieving deflationary tokenomics enables a gradual increase in long-term staking profitability, as the per-coin revenue share increases with consistent business revenue.

How it works?