What Is GambleFi(BETIFY)Review ? Complete Guide Review About GambleFi

What Is GambleFi(BETIFY)Review ?

GambleFi DAO is an innovative financial ecosystem, based on a rebase currency managed by a DAO. Each BETIFY token is collateralized by various assets and held in the GambleFi Treasury, offering the currency an innate value that cannot fall below a certain floor price. Furthermore, GambleFi DAO introduces innovative gamification systems, including the first zero loss betting system allowing users to bet on sports events with no losses, and a Booster Box system which will reward users with special vesting reduction NFT Boosters for their bond purchases on the platform, making GambleFi DAO the first rebase token to feature NFT gamification features.

GambleFi (BETIFY) Storage Key Points

Token Distribution

Rebasing System

GambleFi DAO is an innovative financial ecosystem, based on a rebase currency managed by a DAO. Each BETIFY token is collateralized by various assets and held in the Treasury, offering the currency an innate value that cannot fall below a certain floor price.

Furthermore, DAO introduces innovative gamification systems, including the first zero loss betting system, and a booster box system which will reward users with special vesting reduction NFT Boosters for their bond purchases on the platform, making DAO the first rebase token to feature NFT gamification features.

How is Zero Loss Betting Possible?

GambleFi To put it simply in system no one ever loses capital on a bet. collect user assets for a short period of time and lock it into the highest yielding staking pool for a week. Afterwards on the day the sport event happens the assets are removed and the yield is distributed between winners, while losers still get their initial investment back with no losses.

CronoSports

GambleFi DAO features the first zero loss gambling system with initial investment return for a lost bet. Users will be able to bet on various sporting and esport events. Thankfully in our system the losers never lose their capital!

The users’ investment is accumulated and staked for a week in the most rewarding staking pool available. At the end of the betting period the staking pool rewards will be distributed between the winning betters, while the losers receive their initial investment back, creating a zero loss betting system. 

Betting Platform

GambleFi betting platform allows users to always break even on their bets, even in the worst case scenario possible. Check out how CronoSports’ Zero Loss Sports Betting System works through documents Here

Treasury Revenue Redistribution

GambleFi the Treasury increments through fees from services and external investments, BETIFY stakers have the chance to earn dividends through treasury redistribution system, where they can wrap their staking receipt token BETSLIP to earn dividends from the Treasury’s revenue.

Optimize your Earnings with NFT Boosters

Common Boost

Reduce bond vesting period on your bond by 10%

Uncommon Boost

Reduce bond vesting period on your bond by 15%

Rare Boost

Reduce bond vesting period on your bond by 20%

Mythic Boost

Reduce bond vesting period on your bond by 25%

Epic Boost

Reduce bond vesting period on your bond by 30%

Legendary Boost

Reduce bond vesting period on your bond by 50%

Revenue Streams for Treasury Balance

Unboxing Activities

GambleFi The DAI used to open mystery boxes is sent directly to the treasury

Betting Fees

10% of the fees generated by the Zero Loss Betting feature pot are directly sent back to the treasury

LP Fees & Bonds

GambleFi Liquidity Pool fees as well as Bond sales increase treasury revenue exponentially

AMM Fees

0.04% of the AMM trading fees will be directly redirected back to the protocol treasury

Security By Design

GambleFi BETIFY is a rebase currency backed by other digital currencies. This ensures that each token is backed by the protocol’s liquidity.

Multi Signature Treasury

Burning Mechanism

Timelocked Treasury

Audited Contracts