https://t.co/HGdyDftJhY is live. Every buy is a gamble.
1) Paste a migrated https://t.co/E8TRTY9nwk contract, pick a stake, pull.
2) A multiplier decides how much SOL actually gets
deployed buying that coin for you.
> 0.6x on 42.5% of rolls.
> 1x on 42%.
> 1.2x on 10%.
> 1.5x on 4%.
> 2.5x on 1.2%
> 5x = 1:333
> a progressive jackpot at 1 in 5,000.
Around 92% RTP.
Provably fair in the real sense. Every outcome is sha256 of a seed we committed on chain before you bet, a seed your own browser picked, and a slot hash nobody can predict.
That last one matters:
without it we could work out your result before co-signing and refuse the rolls that cost us money.
Recompute any spin yourself at https://t.co/lLYXu06zkb
Buys only. Tokens land straight in your wallet, we never hold them.
No sell side. No coin listings either, any list would read as a recommendation and I'm in no position to make one. Bring your own CA.
House edge is 8%. Most https://t.co/E8TRTY9nwk coins go to zero. A 5x on something that rugs an hour later is still a loss. Don't play with money you need.
For the players out there who just want to straight up hit the slots, we've added a SOL only option.
No phantom notifications with this one. We're finalising the fix on token swaps as well.
What's coming to https://t.co/HGdyDftJhY.
AUTO-SPIN
Set a count and go. One pull is never one pull.
SHARE CARDS
Hit a 5x and post it in one click, roll and coin baked in, with the transaction attached so nobody has to take your word for it.
REFERRALS
A cut of the rake to whoever sent the player, tracked on chain. No dashboards to trust, no manual payouts, no waiting on us.
$DD UTILITY
Holders get better tiers and higher caps. Right now the token and the game share a name and not much else. That changes.
Already live, and worth knowing if you haven't looked:
Every roll from every player in the feed, read from the program's own logs rather than reported by anyone's browser.
Buybacks and burns published straight from chain, every line linking to the transaction. 10.6M $DD burned so far.
Bet limits that raise themselves as the bankroll grows. No announcement, no vote, no us deciding. It is read from chain on every single spin.
v1.0 shipped, but its just the beginning.
https://t.co/HGdyDftJhY
First buyback and burn completed.
The buyback and burn will initiate every 15minutes if a threshold on fees is met. If the threshold is not met it will skip that buyback.
This technology has quite literally never been done before.
It's a gambling layer above trenching.
We're working hard with Phantom to remove the malicious alert, your funds are safu but we understand if this is putting initial buyers off.
An update on the @phantom malicious dapp notification.
We've submitted a case to the Phantom Developer portal to remove the notification from transactions happening on https://t.co/DN40ObeT4l, and also emailed [email protected] for a prompt fix.
Where the money goes at dexdegen:
Gambling: 8% house edge. It tops up the bankroll and pays the operator. The bankroll is what pays your 5x when you hit one, and max bet is a fixed fraction of it, recalculated on chain on every single spin.
Nothing is set by hand, so limits can't go stale and none of it waits on me. As the bankroll grows, bet sizes and the pot grow with it.
A separate 2% of everything staked doesn't go to the house at all, it goes to the pot. That's why the return is 92% and not 90%.
Token (soon): creator fees split 50/50. Half is bought back on the open market and burned. Half funds the protocol, RPC, hosting, bankroll growth and v2.
The two streams never touch. The bankroll isn't funded by token buyers, and holders aren't exposed to a bad night at the tables.
No cut of your tokens. No holding your bag. dexdegen only ever buys.
We're still here, tonight we'll be fine tuning the mechanics and fixing any bugs.
We'll also implement the auto buyback and burn system.
Any updates will be posted here.
Keen to see the results of your bets... Share below!
As said already, if you're concerned about the Phantom alert then to feel more comfortable - send a small amount to a fresh wallet and give it a try!
Actively working on fixing the Phantom wallet alert.
This technology has quite literally never been done before.
It's a gambling layer above trenching.
We're working hard with Phantom to remove the malicious alert, your funds are safu but we understand if this is putting initial buyers off.
@HG1225650219 Then the mechanic is working as expected. The house edge means the likelihood of losing is slightly higher than winning. Welcome to gambling!
https://t.co/HGdyDftJhY is live. Every buy is a gamble.
1) Paste a migrated https://t.co/E8TRTY9nwk contract, pick a stake, pull.
2) A multiplier decides how much SOL actually gets
deployed buying that coin for you.
> 0.6x on 42.5% of rolls.
> 1x on 42%.
> 1.2x on 10%.
> 1.5x on 4%.
> 2.5x on 1.2%
> 5x = 1:333
> a progressive jackpot at 1 in 5,000.
Around 92% RTP.
Provably fair in the real sense. Every outcome is sha256 of a seed we committed on chain before you bet, a seed your own browser picked, and a slot hash nobody can predict.
That last one matters:
without it we could work out your result before co-signing and refuse the rolls that cost us money.
Recompute any spin yourself at https://t.co/lLYXu06zkb
Buys only. Tokens land straight in your wallet, we never hold them.
No sell side. No coin listings either, any list would read as a recommendation and I'm in no position to make one. Bring your own CA.
House edge is 8%. Most https://t.co/E8TRTY9nwk coins go to zero. A 5x on something that rugs an hour later is still a loss. Don't play with money you need.
This technology has quite literally never been done before.
It's a gambling layer above trenching.
We're working hard with Phantom to remove the malicious alert, your funds are safu but we understand if this is putting initial buyers off.
Dex Degen works on ANY migrated https://t.co/KVPPRd7GMl coin.
Thinking about throwing 0.5 SOL in something? Why not try for 1.5x, 5x, or even win the progressive jackpot.
Provably fair trenching is here.
That's enough posts for now.
Please test everything out, start small, start with a fresh wallet if you are concerned.
Please alert us of any bugs you see or any issues you face.
Happy gambling!
In regards to the $DD token:
- 50% fees used to buyback and burn
- 50% fees used to prompt up the vault initially
The project makes money via the gambling mechanics, so ideally we want 100% of the fees to benefit the community.
This will be setup tomorrow, at the moment I want to ensure any bugs are squashed prior to implementing new features or token implementations.