Ownership of ToonCino: - Be the House
By Staking $TOON, users are able to own a percentage of ToonCino to the tune of 25% of total ToonCino revenues. This means that 25% of the ToonCino ownership is represented by 100% of the total supply of $TOON. In this case, the more tokens a user stakes, the larger their ownership of ToonCino - up to a maximum of 25%, which allows them to also earn up to 25% of total ToonCino revenue. The significance of owning a share ToonCino allows users to not only play against the House when using the platform - but also be the House (while owning tokens) at the same time. A Crypto Gambling First.
ToonCino will conduct revenue distributions to token holders daily. Users simply need to buy the token and stake it in ToonPool for a minimum of 24 hours prior to the next closest distribution date in order to be eligible for the revenue distribution. Note, all eligible $TOON staking wallets will be eligible to claim these rewards daily from the website. All centralized exchange wallets will not be eligible for these rewards.
There are other benefits within ToonCino for staking the $TOON token on Toonpool.io. These will be frequently updated as new features/products are launched. As of right now, users get the following benefits on ToonCino for staking the $TOON token.
ToonCino Fee Discounts
$50,000+
75%
$25,000 - $50,000
70%
$10,000 - $25,000
65%
$5,000 - $10,000
60%
$1,000 - $5,000
55%
$100 - $1,000
50%
It should be noted that the average user has to stake a nominal amount of $TOON on ToonPool to get access to a 50% discount in trading fees. However, for all you whales, there are increasing discounts based on how much you stake.
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