In this post, we will explain how we do the calculation of payouts, profit-sharing model, and tokenomics.
If it is the first time you hear about Bulls vs. Bears, you’d probably want to check out our website for more information about what it is:
-> Link to a medium post announcement
Wagering & Platform fee
There are only two possible outcomes in the game: the price of BTC either goes UP (Bulls) or DOWN (Bears). Usually, in cases like this, the payout is around x2. Same you can see playing roulette when you bet on red or black.
However, players on our platform compete against each other, not versus the “house” or the platform. In this way, the payout depends on other players behavior, which means each round may have drastically different outcomes.
Let’s take a look at an example.
As you see, in this particular case, payouts are x3.23 and x1.39 for BULLS and BEARS accordingly. Depending on the ratio, you’ll see payouts as low as x1.01 and as high as x10+. That is why players need to think strategically and place their trades keeping in mind not only the price but crowd behavior to maximize risk to reward ratio.
Speaking about fees, we have one of the lowest rates in the industry — 3% (TronBet aka WINk takes 5% as a rake of every pot in their poker room).
Dividend token
BVB = Bulls Vs. Bears Token.
Total supply: 167 million tokens
Total supply mined by players: 100 million tokens
Players receive tokens as a reward for wagering. With every million tokens distributed, mining difficulty goes up. If in the first round players have to trade only 100 TRX to receive 1 token, in the second round this number will go up to 120 TRX. The progression is linear.
Developers team reserves 40% of total supply, which is released gradually, only when players mine their tokens. In other words, when the player mines 1 token, our team receives 0.66 tokens.
Trading will be suspended for the first 2 months after the launch.
Revenue-Sharing
100% of our revenue is being distributed among our token holders. Do not confuse it with profit. Developers will be carrying all operational costs — hosting, marketing, Tron energy, and so on using their 40% of revenue.
