🎲Casino Treasury
Casino Treasury
The Casino Treasury starts with 15,000,000 $FUN tokens (15%) to cover potential big wins by players of Funhouse games.
Every time a player deposits $FUN tokens to play with they are added to the Casino Treasury.
Every time a player withdraws $FUN tokens they are removed from the Casino Treasury.
Casino Pool
To further stabilize the balance of the Casino Treasury, a 5% tax will be taken on $FUN token withdrawals.
The tax from withdrawals will be added to the 'Casino Pool' - a separate wallet to the Casino Treasury.
Stability of Casino Treasury
Each week the balance of the Casino Treasury will be evaluated. The total will be calculated by adding the number of $FUN tokens in the Casino Treasury to the amount of $FUN tokens in player wallets.
If the total equals less than 15 million, any tokens collected from taxes (in the Casino Pool wallet) will be added to the Casino Treasury.
If the total equals more than 15 million, any tokens in the Casino Pool (collected from the 5% withdrawal tax) will be either: burned, distributed as free bets, used as community prizes, added to revenue share (in future), or utilized any other way as decided by the team or community vote.
Casino Pool Adjustments
The casino pool will be reviewed once the balance of wins and losses stabilizes.
Adjustments to the pool may include:
Token burns
Token locks
Contributions to liquidity pools (LP)
Increased marketing efforts
Listings on centralized exchanges (CEX)
Community-driven initiatives
Investment in further development
Last updated