DAO & Sports Betting Protocol
The first rebase protocol featuring Zero Loss Sports Betting
Available Booster Boxes
Welcome to GambleFi DAO
Rebasing + Gambling
Not the Usual OHM Fork
GambleFi DAO is an innovative financial ecosystem, based on a rebase currency managed by a DAO.
Each BETIFY token is collateralized by various assets and held in the GambleFi Treasury, offering the currency an innate value that cannot fall below a certain floor price.
Furthermore, GambleFi DAO introduces innovative gamification systems, including the first zero loss betting system, and a booster box system which will reward users with special vesting reduction NFT Boosters for their bond purchases on the platform, making GambleFi DAO the first rebase token to feature NFT gamification features.
Zero Loss Sports Betting
GambleFi DAO features the first zero loss gambling system with initial investment return for a lost bet. Users will be able to bet on various sporting and esport events. Thankfully in our system the losers never lose their capital!
The users’ investment is accumulated and staked for a week in the most rewarding staking pool available. At the end of the betting period the staking pool rewards will be distributed between the winning betters, while the losers receive their initial investment back, creating a zero loss betting system.
Our betting platform allows users to always break even on their bets, even in the worst case scenario possible.
Check out how CronoSports’ Zero Loss Sports Betting System works through our documents Here
Treasury Revenue Redistribution
As the GambleFi Treasury increments through fees from our services and external investments, BETIFY stakers have the chance to earn dividends through our treasury redistribution system, where they can wrap their staking receipt token BETSLIP to earn dividends from the Treasury’s revenue.
Two Ways to Open Booster Boxes
Users can unbox Boosters from our Booster Boxes, featuring various rarity tiers
Optimize your Earnings with NFT Boosters
Long Term Strategy
Revenue Streams for
Security By Design
BETIFY is a rebase currency backed by other digital currencies. This ensures that each token is backed by the protocol’s liquidity.
Bootstrap the project
No Data Found
Total to Raise : 350,000 USDC
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Initial Mint : 2,000,000 BET
Have any questions?
Frequently Asked Questions
GambleFi DAO is the world’s first investor owned financial infrastructure based on bonding and protocol owned liquidity that merges the decentralized autonomous organization system with brand new disruptive gamification enhancements, through zero loss betting.
To put it simply in our system no one ever loses capital on a bet. We collect user assets for a short period of time and lock it into the highest yielding staking pool for a week. Afterwards on the day the sport event happens the assets are removed and the yield is distributed between winners, while losers still get their initial investment back with no losses.
Booster Boxes allow us to add a clever burning mechanism to the protocol, that will gradually increment our treasury. They reward users with utility NFTs that have various tiers of vesting reduction, allowing users to optimize their bond purchases.
Rebasing is a process of minting new tokens that are paid to stakers.
When you stake BETIFY to the staking contract you will receive an equivalent of our profit accruing token, BETSLIP in exchange. BETSLIP can’t be traded or transferred, so you can only hold them to earn profits.
Let’s say we have 100K BETIFY staked in the protocol and 100K BETSLIP distributed against them. Now, say the protocol makes a profit of $1K and uses this profit to mint 1K BETIFY. Now there are 101K BETIFY against 100K BETSLIP. In this case BETSLIP supply needs to increase. so BETSLIP gets rebased by 1%.
Our official launch is planned to be on the 16th of February through a fair launch method. Stay connected to our social media channels to be up to date with everything.
There will be no whitelist but we will have an airdrop for the early lovers of the project that were interested in it.
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