๐ผ๐ฃ๐ฎ๐ค๐ฃ๐ ๐๐ง๐ค๐ฉ๐ค๐๐ค๐ก ($๐ผ๐ฃ๐ฎ๐ค๐ฃ๐) @AnyoneFDN
๐ Total Relays Registered: 2820.
๐ Relays claim open for NFT holders again after the migration.
๐ Once third party relays are coming it will skyrocket ๐
๐ The more relays the more locked tokens.
#DePin is a must have in your portfolio. And wise people choose $Anyone ๐ค๐ผ
Gm friends โ๏ธ
It requires great mentality and a positive mindset to succeed in Crypto and trading in general. So let's start the day with a quote ๐
"I've failed over and over and over again in my life. And that is why I succeed." - Michael Jordan
L3s are NOT challenging any profitablility
Frontend developers as @JustBetOfficial, @plusdotbet and @0xdegensbet are the proof.
All built on top on the @WINRProtocol. The upcoming WINR chain is THE solution to a valuable and profitable L3.
Good morning friends โ๏ธ
๐ถPositive price action in the market. Probably due to the massive inflow of Bitcoin spot ETFs.
๐ถNext week (July 23), Ethereum spot ETFs will begin trading.
๐ถCurrently, the 63K lvl is being retested. Ideally, we should hold 60K-ish to set the higher low, but 58K is the key lvl to hold.
Have a great day!
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Updated Tokenomics and liquidity pool๐ฐ
Two excellent adjustments of @WINRProtocol ahead of the launch of WINR Chain!
This new Single-Token pool will offer High APR Opportunities and more. Read it below ๐
With $WINR you keep winning โ๏ธ
The WINR community has recently voiced concerns about token inflation, which is crucial to address for the project's long-term health and sustainability. $WINR's tokenomics are structured to balance supply and demand while incentivizing active participation within the ecosystem. Token inflation can dilute the value of tokens, making it vital to manage it effectively.
๐ธ Stopping vWINR Minting
Currently, $vWINR tokens are minted at every wager, contributing to token inflation. With the launch of the WINR Chain, this minting process will be halted. The cessation of vWINR minting is expected to significantly reduce the rate of token inflation, providing a more controlled supply environment. Cashback incentivization will be done with user PnL calculations, with cashback paid in the bet currency. These changes aim to reduce immediate supply pressure and foster a more stable token economy for the WINR ecosystem.
๐ธ New WINR Staking Details
โก๏ธ Setting the WINR unstaking fee to 0%, allowing everyone to unstake.
โก๏ธ WINR will be locked for a selected number of days, with a minimum of 7 days and a maximum of 180 days.
โก๏ธ The pool weight for profit distribution will be determined by the formula: lock duration * locked WINR / pool weight.
โก๏ธ vWINR on Arbitrum will be completely paused, and the same state will be transferred to WINR Chain.
โก๏ธ Addresses that have never staked vWINR or have staked without a vesting period will start with a 180-day lock.
๐ธ WINR v2 and WINR Chain
The launch of WINR v2 and WINR Chain is expected to bring substantial improvements in controlling token inflation:
โก๏ธ WINR v2: Introduces enhanced features and mechanisms to regulate the token supply.
โก๏ธ WINR Chain: Provides a robust infrastructure that supports sustainable tokenomics. WINR will remain the gas token, and vWINR will stay as the revenue-sharing token. New staking (WINR to vWINR conversion) will happen exclusively on WINR Chain. The exact state of the vWINR staking on Arbitrum will be migrated to WINR Chain, and vWINR minting from games will stop on @JustBetOfficial . The remaining vWINR ecosystem allocation will be used for:
โก๏ธ Bootstrapping liquidity in new single-sided bankroll vaults (WLP-ETH, WLP-BTC, WLP-WINR) on WINR Chain and Base, replacing existing WLP on Arbitrum.
โก๏ธ Future airdrops based on WINR Points on Solana, Fantom, and Base.
โก๏ธ Grants for frontend operators and game providers.
๐ธ Token Burn
WINR has seen a significant decrease in its max supply by 8.78%, with 87,821,348 WINR permanently burned. The current market cap stands at $10,536,437. With the launch of WINR Chain, the remaining ecosystem rewards previously allocated for cashback will be permanently disabled. Their future distribution will be determined by WINR DAO, potentially for future grants.
๐ธ WINR Tokens in Circulation
This reduction in the max supply to 912,178,652, with 646,976,009 already in circulation (341,589,533 in $WINR, 109,740,844 vested vWINR staked, and 195,645,632 in $vWINR), is a positive step towards a more stable and sustainable ecosystem. The float of WINR is approximately 70.93%, a reassuring figure for our community. Currently, there are 9,309 WINR holders, with the previous ATH being 10,500.
๐ธ WINR as Gas Token
WINR will continue to function as the gas token for transactions on the WINR Chain.
๐ธ Permissionless Frontend Operator Creation
Frontend operators can customize their casinos for a one-time fee in WINR, which will be burned forever. Operators must sponsor gas on WINR Chain, paying with WINR, which will also be permanently burned.
๐ธ Revenue Distribution
WINR Chain: WINR Chain: All tx fees are paid in WINR and directly burned onchain. WINR Protocol: 40% of the protocol revenue.
@FantomFDN : 20% of revenue from white-label operations goes directly to WINR token holders. The first is @plusdotbet@solana : 20% goes to NFTs, 20% to WINR Labs, and 40% to WINR token holders.
There will be no buybacks and burns; all revenue will go directly to token holders on the WINR Chain.
The updated token utility and staking mechanisms enhance the ecosystem's sustainability and user engagement. The migration to WINR Chain introduces robust features while ensuring revenue distribution benefits both token holders and the platform's growth.
Touched a lot of grass this weekend and it was REFRESHING ๐
๐ถNo need to watch the 1 minute chart all day.
๐ถ Not necessary to be glued to my phone all day.
๐ถ Crypto summer sucks, but that doesnโt mean it affects my irl life. Still a lot of beautiful other things in life.
Know when it's time to cut the crap. A good mindset is the key to success ๐
Stay focused and sharp and don't let anything or anyone distract you ๐ค๐ผ