Leverage the ChainBet betting protocol to add income and returns for sitting $GHST Liquidity. Adds utility to token for GHST users to bet and play games on all our protocols with their tokens. Also gives them the ability to add Liquidity along with the DAO and become the house!
Bankrollers or Liquidity Stakers would own their tokens, and earn winnings based on the house edge. We would require a starting deposit of $10,000 USD worth of $GHST to begin the bankroll. The DAO would own it and receive profits generated from bets placed with $GHST.
On our Testnet launch programs like POLAR and our own USDC pool were earning thousands of profits over a short 3-day period.
Our contracts have been audited by Paladin, and Bankroll Providers and bettors retain ownership of their tokens. Nothing is deposited to our wallets, but games are played directly from your Web 3 Wallet.
We utilize Chainlink Oracles to ensure fair betting and pricing values of tokens.
We’re a crypto-native development team with tons of experience in the betting industry. We will be chain agnostic and game agnostic with plans to add Slots, Sports Betting, Esports Betting, and card games. As a protocol, we can be deployed to any chain and meta-verse.
We love the Aavegotchi Community and would love for everyone to be able to play our games utilizing $GHST.
For really, $0 invested into ChainBet itself (just moving liquidity around), the DAO can earn funds on Liquidity that is just sitting in a wallet! It will add utility to $GHST, and also present a better way for people to use $GHST tokens they might typically earn and sell on a platform that will directly increase the funds of the DAO.
There is some risk, but we can minimize that with maximum bets to prevent a run that might bankrupt the $GHST Bankroll.
Our whole team is available for additional questions, whether here or on Discord. We would love to discuss the details further and get $GHST featured for our Mainnet Launch on Polygon!
Thank you for your time and consideration.
Ilkin & The ChainBet Team