GambleFi DAO

DAO Protocol and Zero Loss Betting Ecosystem

GambleFi DAO is an innovative financial ecosystem, based on a rebase currency managed by a DAO. Each BETIFY token is collateralized by various assets and held in the GambleFi Treasury, offering the currency an innate value that cannot fall below a certain floor price. Furthermore, GambleFi DAO introduces innovative gamification systems, including the first zero loss betting system allowing users to bet on sports events with no losses, and a Booster Box system which will reward users with special vesting reduction NFT Boosters for their bond purchases on the platform, making GambleFi DAO the first rebase token to feature NFT gamification features.

Betify Token

BETIFY is a rebase currency backed by other digital currencies. This ensures that each token is backed by the protocol’s liquidity. The treasury, liquidity, bond mechanism and staking rewards are intended to regulate supply expansion. Bond sales create earnings for the protocol, which are used to mint BETIFY and distribute it to stakers. Thanks to this system the protocol can accumulate its own liquidity.

Zero Loss Betting

GambleFi DAO features the first zero loss gambling system with initial investment return for a lost bet. Users will be able to bet on various sporting and esport events where the bet winners will receive prizes. Thankfully, in our system the losers never lose one dime of their initial capital! The users’ investment is accumulated and staked for a week in the most rewarding staking pool available to us on the market. At the end of the betting period the staking pool rewards will be distributed between the winning betters, while the losers receive their initial investment back, creating a zero loss betting system. The betting system is also directly connected to the DAO as 10% of the staking rewards go back to the protocol treasury, increasing the intrinsic value that BETIFY holds.

Betting Governance

Being a DAO, GambleFi values the investor’s opinion more than anything. This will also apply to the betting system, where users will be able to choose new featured sporting events on the platform, or upcoming matches from their favorite teams. We will sleeplessly work to offer the initial technology and system, while the community will be our winning card while deciding the most requested and trendy events to bet on.