[PRESS RELEASE – Willemstad, Curacao, July 24th, 2023]
Final yr, the Fairspin platform launched two related loyalty packages: Play To Earn and Maintain To Earn. Throughout the first one, it’s potential to obtain TFS tokens as a rakeback; utilizing the second, it’s potential to extend them due to the holding with none dangers.
Each packages have already proven excellent outcomes. Since its launch, $726,234 and $1,759 091,86 had been paid to gamers in frames of the Play To Earn and Maintain To Earn, respectively.
TFS Token crew is happy to announce one other helpful technique to get further earnings for TFS holders – the liquidity staking program.
What’s Liquidity Staking?
Tokens and cash staked in such a program might be used to extend liquidity on the PancakeSwap within the TFS-USDT pool. This may assist enhance the liquidity of the TFS token, thus strengthening its place available on the market.
The Liquidity Staking possibility is on the market on the Staking Applications web page on the Fairspin web site.
In contrast to the already present staking packages, liquidity staking is everlasting, which implies if a consumer chooses this selection, staking will proceed till the choice is just not stopped by the consumer.
On the similar time, the reward from the liquidity staking may be withdrawn at any time upon the consumer’s request. There isn’t a compulsory minimal staking time to withdraw the reward in addition to there aren’t any limits on the variety of withdrawing requests.
How the Reward is Calculated
The quantity of reward relies on the GGR of Fairspin on line casino and the variety of tokens within the staking pool and the consumer’s multiplier.
The consumer’s multiplier relies on the size of your stake in days.
Calculation components:
- from 0 to 1 day multiplier *0.3
- from 7 to 30 days multiplier *0.6
- 30 to ∞ days multiplier *1
The reward, ultimately, might be equal to % of the GGR of the Fairspin on line casino multiplied by the consumer’s share within the pool and multiplied by the point multiplier. If a consumer stakes tokens for 1 month and extra, he could have the utmost profit – a share of 0.5% of GGR.
The request to cease liquidity staking may be made at any time. A consumer can request to withdraw the total sum or part of it. The tokens might be despatched to a consumer’s account instantly.
In case a consumer makes a request to withdraw part of tokens from the Liquidity Staking, the reward multiplier for the remainder of the tokens in Liquidity Staking will return to the preliminary stage.
About TFS Token
The TFS token is the driving drive behind Fairspin, one of many main international blockchain casinos that usher in a brand new period of belief and transparency in on-line playing.
Constructed upon ERC-20/BEP-20 expertise, the TFS token ensures immutable betting information, empowering gamers with full entry to their gaming historical past and rewards. With a restricted provide and a concentrate on consumer rewards, the token introduces groundbreaking Play to Earn and Maintain to Earn options, rewarding gamers for his or her engagement.
Because the gaming trade continues to evolve, the TFS token stands on the forefront, revolutionizing the best way gamers work together with on-line casinos and shaping the way forward for truthful gaming.
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