Price Stability and Growth Mechanisms

Backing with Casino Profits: A portion of Casbet profits will be used to back the $CASBET token, ensuring stability and potential growth.
Limited Supply: The fixed supply cap of 15 million $CASBET tokens ensures that there's no unchecked inflation, which can be detrimental to token value. Casbet has the safu badge which means that no more tokens than the fixed supply will ever be created. This helps maintain long-term price appreciation.
Staking Mechanism : Users can stake CasBet tokens to earn rewards or a share of platform profits. Staking typically locks tokens for a set period, reducing circulating supply and encouraging long-term holding.
Governance and Voting Power : token holders to participate in the platform’s governance by voting on important decisions, such as new games, tokenomics adjustments, or marketing initiatives. Governance rights will add value and utility to the token, encouraging users to hold more tokens for greater voting influence. This can create long-term demand as users want to participate in platform development and have a say in its future.
Liquidity Lock : Casbet liquidity will be locked for one year and extended based on community vote encouraging holding, ensuring low sell pressure, improving trust and attracting long term investors who are looking for stability rather than short term profits. a locked liquidity pool also provides a safety net for traders.

Last updated 7 months ago

Backing with Casino Profits: A portion of Casbet profits will be used to back the $CASBET token, ensuring stability and potential growth.
Limited Supply: The fixed supply cap of 15 million $CASBET tokens ensures that there's no unchecked inflation, which can be detrimental to token value. Casbet has the safu badge which means that no more tokens than the fixed supply will ever be created. This helps maintain long-term price appreciation.
Staking Mechanism : Users can stake CasBet tokens to earn rewards or a share of platform profits. Staking typically locks tokens for a set period, reducing circulating supply and encouraging long-term holding.
Governance and Voting Power : token holders to participate in the platform’s governance by voting on important decisions, such as new games, tokenomics adjustments, or marketing initiatives. Governance rights will add value and utility to the token, encouraging users to hold more tokens for greater voting influence. This can create long-term demand as users want to participate in platform development and have a say in its future.
Liquidity Lock : Casbet liquidity will be locked for one year and extended based on community vote encouraging holding, ensuring low sell pressure, improving trust and attracting long term investors who are looking for stability rather than short term profits. a locked liquidity pool also provides a safety net for traders.

Last updated 7 months ago