Tokenomics

Casinodes offers a high-reward system, whilst keeping the risk to a minimum for investors. How? Let us explain:

Total supply will be set at 3,141,592 $CSNO.

As part of our strategy, Casinodes will have a private sale (ICO). There will be 628,318.4 $CSNO available for the presale, equalling to 62,831 Slot Machines. When that goal is reached, the sale will go public and the real money making will begin. Each $CSNO will be priced at 0.0002 $BNB (~$0.10). More information on the presale here.

This means that 20% of the total supply will be sold during the initial coin offering, ensuring engagement and hype towards the project. For an experienced node investor, this figure may seem high. But fear not, as we have calculated every aspect of this project, and the solutions put in place will prevent common types of economic issues related to bullish projects such as Casinodes.

To keep a healthy economy, we have implemented a node ageing system — For the first 20 days of a node’s existence, it will yield 1 $CSNO chip a day. When the Slot Machine is 20 days old, rewards will start obeying the following equation:

This function was designed to keep rewards to a maximum whilst lightening the pressure put on the liquidity/reward pool:

All in all, the total function node rewards obey in relation to the node’s age is:

This gives the following graph:

As for token distribution after the purchase of a node, priority will be given to the reward pool. 70% of tokens used to make the purchase will be directed to it to keep a high token supply, preventing any shortages. A further 10% will be sent to the BSC LP, so everyone will have a much easier time extracting their gains and converting them into other tokens.

Finally, a variable percentage will be transferred into the project’s wallet, in part to remunerate the Casinodes team, but most importantly for expenses such as running the website or discord server. Initially, it will be set at maximum of 20% and will be greatly decreased in the future. We insist on having a high-expense strategy for the project: moderators will be paid for their services, giveaways, airdrops and events will be frequent, this is all a part of our “going all out” vision.