πΊWelcome to Betfin Liquidity & Staking
Staking at Betfin allows users to lock their BET tokens in different pools to earn rewards. Originally there were two types of staking:
New in V2
There are three primary ways to provide capital: the primary Liquidity Pool and existing legacy staking pools (Conservative and Dynamic). Providing liquidity is now structured as a bilateral smart-contract arrangement between the provider and independent game operators
Liquidity Pool
The Liquidity Pool is the primary infrastructure for new capital provision. It uses an O(1) gas-efficient cumulative accounting model. By depositing tokens, you provide liquidity for independent operators to run games while earning a share of the house edge and fees.
Conservative Staking
A low-risk option allowing users stake their tokens in pools with predetermined terms and conditions. This type of staking offers predictable and stable returns over time.
Note: Existing conservative pools remain active until their scheduled end dates, but new participation is handled through the Liquidity Pool.
Dynamic Staking
A higher-risk, higher-reward option where the staking conditions and returns can fluctuate based on the pool's performance and other factors.
Note: Existing dynamic pools remain active until their scheduled end dates, but new participation is handled through the Liquidity Pool.
Benefits of Staking at Betfin
Great returns - long term profit backed by mathematical advantage
Enhanced Security: Your investment is as secured as your wallet private key, there is no third party that affects security of the contract.
Flexibility: You can choose between conservative and dynamic staking depending on your investment strategy.
Getting Started
Connect Wallet: Ensure your wallet is connected to the Betfin platform.
Acquire Pass NFT: All protocol interactions, including providing liquidity, require holding a soulbound membership Pass NFT.
Choose Pool: Select the primary Liquidity Pool for new deposits or manage existing legacy positions.
Provide Tokens: Follow the instructions to deposit your BET tokens into your chosen pool.
For detailed guidelines and terms, explore the specific sections for Conservative Staking, Dynamic Staking and Liquidity Pool manual.
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