💎Utility

The multifaceted utility

Utilities of WreathRider (WR) Token

• Betting with WR: Players can use the WR token as their primary betting currency in all games on the platform, providing seamless integration and enhanced gaming experience.

• Token Farming: Holders can farm WR by providing liquidity on exchanges, earning a return on their token holdings and helping stabilize the token's market presence.

• HODL & Earn: Those holding onto their WR tokens can benefit from increased rewards, giving them an incentive to maintain their stake in the ecosystem.

Token Distribution from Games

• Winners' Pool: Approximately 75-85% of the tokens from the games will be distributed among the winners, depending on the specific game's rules.

• Service Fee: A certain percentage of tokens will be reserved to fund the development of new games and the overall enhancement of the platform.

• Token Burn: Another portion of the collected tokens will be periodically burned. Token burns are pivotal for achieving a deflationary token model, ensuring scarcity and supporting long-term growth in value.

• Rewards Pool Allocation: A distinct portion of the game tokens will feed into the reward pool. This pool serves as the primary source for:

  • Raffles

  • Holder rewards

  • Various activities and tournaments

  • Weekly bonuses

Future Treasury for DAO

• Building a Community Treasury: As the platform grows, a part of the token reserves will be directed towards setting up a treasury. This treasury will fuel the transition towards a Decentralized Autonomous Organization (DAO), allowing the community to have a voice in the platform's future direction.

By intertwining the gaming experience with the utility of the WreathRider (WR) token, we not only offer an integrated platform for players but also drive towards a decentralized, rewarding, and sustainable ecosystem for everyone involved.