Deflationary Model ...

• Supply Cap: The total supply of $BET is fixed at 1 billion tokens to ensure scarcity + value retention.

• Deflationary Mechanism: To create a deflationary environment, Fit 0x will implement the following mechanisms:

  1. Burn Mechanism:

     • Some tokens, from bets like 10% will be destroyed at the conclusion of each competition period decreasing the number of tokens, in circulation and boosting the worth of the ones that remain.

  2. Transaction Fees:

     • Only a tiny fraction ( 2%) of each transaction carried out using $BET (such, as bets or transfers and rewards) will be automatically removed from circulation through burning process over time to support the enduring value of the token.

  3. Incentive for Holding:

     • Only a tiny fraction ( 2%) of each transaction conducted using $BET. Whether, for betting purposes or transfers or receiving rewards. Will be automatically removed from circulation through burning processes.This continuous deflationary mechanism plays a role in maintaining the tokens worth, in the run

  4. Staking Rewards:

     • Users can stake their their tokens to earn rewards, further decreasing the circulating supply. Staked tokens will be locked for a set period, allowing users to earn passive income while contributing to the token’s deflationary nature.

• Incentives for Holders:

  • Token holders will benefit from potential price appreciation due to the deflationary model. Additionally, they will gain access to premium challenges, exclusive rewards, and governance rights, ensuring their voices are heard in the development of the Fit 0x ecosystem.