β³Wager-to-Vest
Last updated
Last updated
Users are able to reduce airdrop vesting times by continuing to wager on the Shuffle platform. This allows loyal users to have faster access to their allocated tokens, while inactive users unlock tokens at the normal rate over the course of the airdrop period.
The Wager-To-Vest program additionally allows for interesting feedback loops to take place. This is an example of this feedback loop for Airdrop 1:
Tommy has gambled on Shuffle.com since launch in February of 2023, and has received an airdrop of 100,000 SHFL
Tommy's SHFL will linearly vest, with a certain percent unlocked on airdrop release and the remaining unlocked over the following vesting period.
With Tommy's initially-unlocked SHFL tokens, he plays on Shuffle, subsequently decreasing the time in which his remaining tokens unlock.
That volume contributes to Shuffleβs theoretical revenue, increasing the size of our buyback-and-burn, leading to upward price pressure on the SHFL liquidity pool
Wager-to-Vest aligns incentives for all users, allows users to build volume for future airdrops and keeps supply off market β ensuring stability.