Staking Rewards

7.1 Introduction

TG.Bet introduces a lucrative reward system for $TGB holders, particularly for those engaging in token staking. 50% of the casino's net profit is used monthly to buy $TGB from the open market via a decentralized exchange. Of the $TGB purchased, 40% is removed from circulation to create a deflationary effect, while the remaining 60% is allocated for reward distribution and ecosystem support. Staking in the TG.Bet ecosystem not only encourages prolonged holding and active participation but also provides an avenue for earning passive income and enhancing stakeholder engagement.

After we reach the hard cap of $5million, the remaining tokens of the presale pool, if any, will be re-allocated to the staking reward pool.

After we reach the hard cap of $5million, the remaining tokens of the staking reward pool, if any, will be re-allocated to the staking reward pool.

7.2 Understanding Staking of $TGB

7.2.1 Staking Defined

Staking entails committing a specific quantity of $TGB on the platform for a set duration. In exchange, participants receive additional $TGB as rewards, like earning interest.

7.2.2 Benefits of Staking $TGB

Staking comes with several advantages:

• Passive Income: Generate extra $TGB as staking rewards.

• Priority in Platform Benefits: Stakers receive better bonuses, promotional offers, or access to games.

• Enhancing Token Value: Staking helps in stabilizing the token price by temporarily reducing its availability in the market.

7.3 Reward Distribution Mechanism

The distribution of staking rewards depends on the amount and duration of the stake. Rewards can be accessed anytime via the website and utilized within the casino, reinvested, or stored. Post-staking, the initial tokens plus any unclaimed rewards are returned to the staker’s wallet.

7.3.1 Staking After Additional Purchases

Purchasing and staking $TGB, followed by subsequent purchases, will automatically transfer the accrued rewards to the wallet. To stake these rewards, they must be committed separately on the TG.Bet staking page.

7.3.2 Staking Term

During the presale phase, staked $TGB tokens are locked until 7 days post-launch. However, accrued rewards can be claimed anytime and used within the casino, saved, or reinvested.

7.4 Ensuring Security and Reliability

• Smart Contract Governance: Staking is managed by smart contracts for transparency and security against fraudulent activities.

• Regular Audits: The staking contract undergoes frequent audits to maintain security and integrity.

• Guaranteed Withdrawals: Despite the lock-in period, stakers are assured of receiving their staked amount and rewards after the term ends.

7.5 Boosting Community Engagement

Staking $TGB also grants:

• Exclusive Privileges: Stakers may gain early access to new games and features.

• Community Recognition: Top stakers might receive special acknowledgment, encouraging community interaction and competition.

7.6 Final Overview

TG.Bet's staking rewards system highlights its dedication to appreciating its community and sustaining the platform's longevity. By offering substantial incentives for holding and staking $TGB, it reinforces its role as a platform that genuinely values its stakeholders.