🪙 Sources of income

The income accruing from taxation

We aim to build a sustainable business that shares income fairly with the community.

House edge

Games will, on average, provide BetSwirl with revenues in cryptocurrencies thanks to the games house edge, like a regular gambling venture.

Initially, the house edge is 3% on all won games for MATIC, BNB and AVAX, and 2.5% for BETS. It is taken from the total won bet payout: bet amount + profit. Note that a share of the house edge will be distributed to stackers (BETS or LP MATIC-BETS, BNB-BETS, AVAX-BETS) and to referrers.

Bank overflow

To have a higher payout but ensure an incremental growth of the platform, the bank's smart contract dynamically maintains the tokens' balances.

When the defined bank overflow threshold amount is reached on a token balance, the bank sends a percentage to the treasury, and the new token's balance reference is set.

  • The bank overflow threshold is initially set up at 1% of the initial token's balance.
  • The percentage of the threshold send to the treasury is initially 25% of the overflow, and 25% to the team. Therefore, 50% of the balance overflow remains in the token's balance.

Idle treasury

BetSwirl will diversify and allocate idle treasury funds into various DeFi protocols.

We can add BTC, ETH, or whatever token the community chooses. We will use the treasury to swap and add the token liquidity to the bank, partner with projects, or request the liquidity to the community.