Token Utility: Strategic Implementation for Enhanced Valuation
Last updated
Last updated
Buy Back with Profit and Burn
Our 'Buy Back with Profit and Burn' approach commits to using 15% of Tiga.Game's revenue to repurchase Tiga Tokens. The tokens acquired through this method are then distributed between two critical operations: burning, to diminish the supply, and airdrops to locked staking pools, to encourage prolonged staking durations.
Real Yield and Airdropping
Stakers of Tiga Tokens benefit from regular airdrops, a distribution of profits that incentivizes the holding of tokens. This system is designed to reduce the freely circulating supply, as it promotes the accumulation and retention of tokens.
Additional Cashback for Gaming Currency Use
Tiga Tokens' use as a gaming currency is incentivized through additional cashback, directly impacting the token's velocity. This measure is intended to facilitate a higher frequency of token transactions within the ecosystem, indicative of a healthy and active economy.
Tokens for Bonus and Interest Payouts
The deployment of Tiga Tokens for bonuses and interest payments further enhances their velocity. This initiative encourages the active circulation of tokens, extending beyond simple transactional use and fostering deeper engagement within the Tiga.Game platform.
Staking
Tiga Tokens' staking framework is designed with flexibility and reward scalability. There are three distinct staking pools:
Flexible Pool: Offers immediate liquidity with a 1% exit fee on unstaking, which is then redistributed among all staking pools.
1 Month Locked Pool: Provides an intermediate commitment option with an elevated interest rate.
6 Month Locked Pool: Rewards long-term stakers with the highest interest rate, acknowledging their extended lock-in period.
The amount of interest increases with the duration of staking, incentivizing longer-term investment in the token. Additionally, staked tokens contribute to the users' betting volume, which is a significant criterion for ascending VIP levels. VIP status is associated with a suite of benefits, including higher cashback rates, complimentary bets, VIP service, and other privileges.
The multipliers for VIP revenue calculations are:
Flexible Pool: Multiplier of 1
1 Month Pool: Multiplier of 1.5
6 Month Pool: Multiplier of 3
This multi-tiered system aligns staking choices with potential rewards, aligning staker’s interests with the overall health of the token economy.
