Stakeback: November '24
Our vision is to create a thriving community of bettors and speculators, who are bold and brazen and seek fun in beating statistical oddities. We truly also understand the pain of losses. That's why we have etched this stakeback scheme selflessly, and with the intention of ploughing back what we earn.
We will be honest here. Being an Azuro front-end operator we receive monthly earnings of up to 70% of the net player losses (capped by Spread Reward Cap). We will use that to distribute cashbacks you've never seen before.
Stakeback Details
- Stakeback will be in the form of USDT
- Stakeback % will be determined by your wallet's DGbet membership status, you can check that under DGbet score here: https://dune.com/dgbet_team/user-stats
- A wallet's membership status will be registered at the start of the month, i.e. 1st of every month.
- If a wallet's membership status changes mid-month, the new stakeback slab will be applicable from the next month
Stakeback is as follows:
| Total Betting Volume($) | Stakeback Percentage (%) |
| Newbie | 0.25 |
| Senior | 0.50 |
| Expert | 0.75 |
| Hero | 1.00 |
| Legend | 1.25 |
Example: Let's say there are 3 users: Adam, Beck and Charlie
Their DGbet membership status are Newbie, Expert and Legend respectively and their monthly Betting volume is $5000, $40,000 and $100,000. Then based on the status their stakeback will be
Adam: $5000*0.25% = $12.5
Beck: $40,000*0.75% = $300
Charlie: $100,000*1.25% = $1250
Terms & Conditions:
- Stakeback will be computed at bettor level and aggregate for each chain.
- Computation will be done based on the calendar month and using bet resolution date. For combo bets, the overall resolved date will be used.
- Free bets will be excluded from the above calculation. - Live bets will be included.
- Stakeback computation will be shared regularly during the month. It will be finalized by 5th and disbursement will be done by 10th of the following month.
- If our Affiliate Revenue for the month is insufficient to pay for the Stakeback, then that revenue will be distributed to all bettors in proportion to their USDT stakeback amount. The unpaid USDT stakeback will be paid in $DGBET.
DGBET Token:
DGBET is our unlisted token and derives its utility from all the business building activities planned by us in the coming months. Some of it will be
- Bringing new speculative games and casino games for you - Launching on multiple chains
- Exciting rewards and stakeback strengthening our commitment to give back
- Opportunity to generate yields
- Tap into the growing GambleFi and SocialFi users
Guidelines on Token will be shared by December 2024. Tokenomics and Token Generation Event (TGE) will be communicated along with that.
Our approach towards tokenomics will be to give majority benefit to the community, which will be a crucial driving force in our journey. Our endeavor is to bring the benefits of this token to you as quickly as possible.
DGBET is supported by our treasury, in which we receive Affiliate Rewards from Azuro every month.
Offical Azuro Contracts