Net Profit Distribution and Burning

Thinking about bettors and holders as the project´s partners, the team decided to set apart 20% net profit from the BITBET platform to distributed among holders and to burn BITBET tokens.

The main goal is to create the greatest sense of belonging possible. We want our investors to feel like they own Bitbet Premier and burnings are going to take place so we shrink the supply more and more helping it´s liquidity along with the auto liquidity function.

10% BURNING

10% of BitBet Premier Net Profit will be used to token burning, we may burn the tokens we receive or we may buy them from the liquidity pool (in case those 10% net profit come as BNB or USDT). This way, the inflationary effect is diminished and the price of the BITBET token appreciates, making the holding of and / or betting with BITBET very attractive.

10% DISTRIBUTION

10% of BitBet Premier Net Profit will be distributed among some token holders.

For receiving this bonus, users MUST HOLD at least 40,000 BITBET tokens in their wallets, they don't need to claim this bonus or connect elsewhere, all they have to do is to hold the tokens.

This distribution will be proportional to what each one has. Each 40,000 tokens will mean 1 share. The more shares the holder has the bigger his part in the distribution.

Example of eligible wallets for receiving a share in a 10% distribution worth of only 1,000 USD:

Wallet	BitBet	# Share	Distribution
Wallet 01	400,000	10 Shares	357.10 USD
Wallet 02	295,000	7 Shares	249.97 USD
Wallet 03	130,540	3 Shares	107.13 USD
Wallet 04	120,000	3 Shares	107.13 USD
Wallet 05	93,030	2 Shares	71.42 USD
Wallet 06	77,340	1 Share	35.71 USD
Wallet 07	65,550	1 Share	35.71 USD
Wallet 08	50,000	1 share	35.71 USD
Wallet 09	39,990	No Share	10 tokens lacking
Wallet 10	30,000	No Share	10K tokens lacking

In the example above, 2 wallets didn't make it o receive a share because they didn't achieve the 40,000 minimum amount.

Check below if you are among shareholders: