💰Tokenomics

BETS is Shibet's base utility token.

BETS has a fixed supply and no more BETS can ever be minted.

While BETS can be bridged to other chains, all features are soon available on Shibarium.

Staking

Stakers enjoy 100% of revenue accrued from the following three yield sources:

  • HBET deposit fees

  • HBET withdrawal fees

  • Betting fees (20% of betting fees will go to the user's referrer, if they have one set)

BETS Supply

Shibet has a fixed maximum supply of 10,000,000 BETS tokens. More can never be minted.

  • 3,500,000 BETS is allocated to a public pre-sale round.

  • 2,000,000 BETS is allocated to HBET incentives.

  • 2,000,000 BETS is allocated to the initial Shibarium pool liquidity

  • 2,000,000 BETS is allocated to burn 20% at each level (1M,5M,10M,20M,50M) of marketcap.

  • 500,000 BETS is allocated to funding partnership opportunities.

NO Seed round tokens and pre-seed round tokens

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