BillionAir Staking Explained
Understanding the BillionAir Staking Model: Boosting Your Winning Chances
The era of conventional raffles and games, where a player’s winning odds depended solely on purchasing more tickets, often at a significant cost, is evolving. This is thanks to BillionAir’s innovative approach to staking. Designed with the primary aim of enhancing the winning chances of raffle players, BillionAir’s staking model presents a fresh perspective on raffle dynamics.
The BillionAir staking model incorporates three different types of staking: Raffle Ticket Staking Pool, LP Staking Pool, and Single-Sided Staking Pool. Let’s take a closer look at each of these.
Raffle Ticket Staking Pool
This staking pool option provides AIRB token holders the opportunity to earn raffle tickets by staking their tokens. With 1 million raffle tickets funded by BillionAir, users get the chance to enhance their winning odds without incurring heavy costs. What’s more, these tickets are pre-minted to keep future fees at bay.
The annual percentage rate (APR) of the ticket staking pool hinges on the staking duration and the current tier of the token holders. This approach offers a dynamic staking landscape, enhancing the overall user experience.
LP Staking Pool
The LP Staking Pool is an innovative step for AIRB token holders looking to earn additional tokens. After being listed across various decentralized exchanges, token holders can augment their token holdings by providing liquidity in these DEX liquidity pools.
Upon providing liquidity to the AIRB pools, users receive LP tokens. These pools then reward the users by distributing transaction fees among liquidity providers on a pro-rata basis. Moreover, AIRB token holders can deposit these LP tokens into the AIRB staking contract to earn extra AIRB tokens throughout the staking period, a fantastic boon for long-term token holders.
Single-Sided Staking Pool
The Single-Sided Staking Pool is designed to manage the early selling pressure on AIRB tokens, allowing the platform ample time to develop and scale. By staking AIRB tokens, the current circulating supply is reduced, thus incentivizing long-term platform supporters. The staking contract allows for different deposit periods, including 26 and 52 weeks.
Although BillionAir has set aside a portion of its token supply to fund staking rewards, this fund is limited and particularly crucial during the early development and growth stage. Depending on the platform’s performance, BillionAir plans to allocate a fraction of the platform fees and overcollections to maintain this fund.
Staking Bonus
Recognizing the crucial role of ample liquidity in stabilizing a token’s price, BillionAir encourages LP providers with an additional staking bonus for holding AIRB tokens. To earn this bonus, users must satisfy the minimum token requirements. The bonus annual percentage yield (APY) applies to the user’s current APR.
BillionAir’s unique staking model presents an excellent opportunity for users to enhance their winning chances in raffles and get more value from their token holdings. Whether you’re a raffle enthusiast or a token holder seeking more profits, this model is a game-changer. Get on board today, and experience the future of raffles with BillionAir!
Pre-Sale Live
On a final note, please all remember, our $AIRB pre-sale is currently live, with way, way over 1 million $AIRB sold already, we’d love you to get involved. This is your chance to become a part-owner of one of the most exciting gaming and raffles projects in web3 right now.
As a token holder, you earn from the token value increasing, and as a staker, you earn a revenue share with thanks to our real yield staking, so get involved now and become a part of the BillionAir future! Join the pre-sale here!
About BillionAir
BillionAir is, at its core, a raffles and games ecosystem offering exciting and engaging entertainment and opportunities within an all-encompassing, borderless, and provably fair ecosystem. On a larger scale, it’s so much more than that, positioned as a bridge between web3 natives and the traditional and web2 markets, and a connector and alternative for existing web3 and gaming projects to fundraise and engage their community.
Providing our core raffles product offering everything from luxury prizes and experiences, through to cash, digital assets and NFTs, in addition to a continuously growing selection of games, the BillionAir ecosystem offers opportunity and entertainment all-round. Built on top of blockchain technology, and therefore offering the underlying benefits available including tiered rewards, a deflationary token model and real yield staking, the opportunities are even greater.
Essentially, BillionAir is a contra bet to the current web3 gaming projects out there, providing innovative ways for projects and communities to fundraise while engaging users from many different communities.
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