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valle.xyz
@vallexyz
On the back of this bet market are multiple fee redistribution mechanisms that reward early usage. 1. All previous bets receive 0.69% of all new bets. 2. All previous steaks receive 0.69% of all new steaks. 3. The Degen Utility Dao receives 0.69% of all new steaks (which will be sold as the only circulating supply).
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valle.xyz
@vallexyz
4. The creator of 1 market/bet (not sure how to name this) receives 0.69% of all invested DEGEN. Access will be opened to public in a later phase. So Steaked Degen 🥩🎩 is foremost a DEGEN gamble, and second a crypto derivative with a very interesting payout matrix. We plan to add more utility.
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