# How it works?

### 1. $FLIP coin launch

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Every amount of $200 and over in total game fees is automatically sent to the Buyback contract which buys back the $FLIP token and automatically burns half and the other half is sent to the Treasury.&#x20;
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Once $FLIP is launched the funds are used to buyback $FLIP for our Staking pools to share it with our community.

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**Treasury wallet address:** 0x4A0eE640239741EAd1f051C4acf784722C9989Ed
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### 2. After $FLIP coin launch

* FLIPPIN was designed with economic sustainability in mind and aims to create an ecosystem that self-sustains.&#x20;
* FLIPPIN utility is the economic engine that powers the $FLIP token.

<figure><img src="https://580013452-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5ClLkx8GRFZo77mQrpQF%2Fuploads%2FNf1vUqzAGIwcpB0Rih83%2FGroup%20881.png?alt=media&#x26;token=6f73ec7f-abec-4df3-93bb-66735ad75477" alt=""><figcaption><p>Flippin Ecosystem</p></figcaption></figure>

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As a member and stakeholder losing is not really losing.
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When you lose in a game the 10% game fee is used to buyback the $FLIP token. You, as a project stakeholder, by holding the token will get a return proportional to the amount of token you have as the system is automatically using the game fees to buyback and burn the token. This means not only a small part of what you lost returns to you but also a small part from each game played by each member is returned to each member proportional to their stake.

<figure><img src="https://580013452-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5ClLkx8GRFZo77mQrpQF%2Fuploads%2Fas1FoooHiaCQ63dns6K9%2FScreen%20Shot%202022-11-15%20at%206.55.58%20PM.png?alt=media&#x26;token=edd7f8c2-29fa-4d14-888c-e43b7c99daeb" alt=""><figcaption><p>Game fees distribution</p></figcaption></figure>
