According to Deep Trend TechFlow news, Shuffle, a comprehensive crypto casino and sports betting platform, announced the token economics of its Shuffle Token (SHFL) yesterday. The initial circulation of the token is 71,126,984.56 pieces, and the total supply/maximum supply is 1,000,000,000 pieces.
SHFL’s current utility includes being used as a staking asset, and SHFL holders can gain early access to new features, exclusive bonuses, VIP privileges, and more.
28% of the total supply of SHFL will be airdropped to the Shuffle community over the next few years, divided into 3 airdrops.
The first airdrop snapshot of 10% of total SHFL was completed on February 1, 2024. The first airdrop will be given to users who participated in Shuffle within 12 months of launch, rewarding early adopters of the platform. 20% of them are unlocked in TGE, and the remaining 80% are unlocked linearly in the next 3 months (you can bet more on the platform to shorten the unlocking time).
Second airdrop 9% of total amount
It will be broader than the first time, with reference to bets and promotion volume as key allocation factors, and other reference bases will be disclosed closer to the snapshot. All trading volume after the first airdrop will be credited to the second airdrop until the snapshot.
The third airdrop 9% of the total amount
Similar to the second airdrop, but with a greater focus on rewarding loyalty to the Shuffle platform and based on a user’s VIP level, more details will be released in the future.
It is reported that the Shuffle platform was established in February 2023 and has served more than 35,000 users and achieved 2.8 billion bets.
