🐬
Flippin Money
  • 🐬Flippin
    • 🌊Money
  • FLIP DAO
    • πŸ”±FLIP DAO
    • β›²Treasury & Rev-share
  • The Project
    • πŸ’ŠRationale
    • πŸ—ΊοΈProject phases
      • πŸ“ˆThe x1000 Growth
    • πŸ’‘How it works?
  • FLIP Token
    • πŸͺ™$FLIP
    • πŸ“‡Contract Audit
  • Membership NFTs
    • πŸ’»Joining Flippin
    • 🎫Genesis NFTs
    • 🎟️Academy NFTs
    • πŸ—οΈMembership Perks
    • πŸ“‡NFT Smart Contracts
  • Utility
    • πŸ“ˆCommunity Rewards
    • 🎲Games of chance
    • 🧠Skill based games
    • βš”οΈToken/NFT Project Competitions
    • πŸš€Launchpad
  • Socials
    • πŸ”—Official Links
  • Guide
    • πŸ‡ΈπŸ‡΄Social Proof
    • πŸ“„DYOR Guide
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On this page
  • 1. $FLIP coin launch
  • 2. After $FLIP coin launch
  1. The Project

How it works?

Game fees and distribution

PreviousThe x1000 GrowthNext$FLIP

Last updated 2 years ago

1. $FLIP coin launch

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.

Once $FLIP is launched the funds are used to buyback $FLIP for our Staking pools to share it with our community.

Treasury wallet address: 0x4A0eE640239741EAd1f051C4acf784722C9989Ed

2. After $FLIP coin launch

  • FLIPPIN was designed with economic sustainability in mind and aims to create an ecosystem that self-sustains.

  • FLIPPIN utility is the economic engine that powers the $FLIP token.

As a member and stakeholder losing is not really losing.

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.

πŸ’‘
Flippin Ecosystem
Game fees distribution