LunaFi is a trustless, borderless, DeFi protocol for sports betting with real utility, targeting mass adoption with guaranteed liquidity
Start:
Apr 15, 2022 00:00:00
Ended:
Apr 15, 2022 00:00:00
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What is LUNAFI?
LunaFi is a trustless, borderless, DeFi protocol for sports betting with real utility, targeting mass adoption with guaranteed liquidity. LunaFi innovates beyond traditional gambling models and recent blockchain-enabled betting protocols by operating in a decentralized and peerless way. Global community-owned liquidity pools act as the house and fuel betting payouts, with a portion of house profits paid out to liquidity providers on an ongoing basis.
This unlocks a world of potential DeFi integrations and new products or services that allow investors to deposit and earn a share of profit gathered from betting activities on the platform, and to receive additional rewards in $LFI — the native token of the LunaFi Protocol.
In the LunaFi ecosystem, players, developers, liquidity providers, and users can interact with gambling products in a fair and trustless manner. Businesses and developers can integrate LunaFi’s DeFi technology stack to add their own transparent and peerless betting functionality to their Web 3.0 dApps, plus traditional betting products and services via the LunaFi API.
LUNAFI Unique Features
We have experienced the culture that challenges trust in the traditional betting system. Blockchain solves this by removing proviting executives and middleman management-layer thinking, by offering investors unprecedented access to a share of in-house profits. In the LunaFi Ecosystem, you are the house.
The smart contracts ecosystem comprises the following:
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House Pools – A house pool contract allows liquidity provider deposits (USDC, BTC & ETH) to bankroll Lunabets and third-party dApps that integrate LunaFi.
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TreasuryDAO – The DAO wallet store offers cold storage for treasury funds and the distribution of profits to community members.
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Rewards Contract – Distributes $LFI tokens to players & liquidity providers.
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$LFI Staking Pool – A contract that requires $LFI to be staked to participate in voting on proposals for ecosystem improvements in order to receive further $LFI token incentives. Users also receive revenues from $LFI bets + $LFI tokens from the treasury contract in return for securing the protocol.
The LunaFi ecosystem incorporates a Treasury, House Pools and community DAO. To align LunaFi’s ecosystem development with community interests, 40.5% of the $LFI supply will be distributed to the community primarily to incentivize participation in betting, provision of liquidity, and governance rewards.
Roadmap
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LUNAFI Token Economy
LunaFI gives ownership of its platform directly to its end users through governance rights. The $LFI token serves multiple functions and conveys several rights within the LunaFi ecosystem:
Betting – $LFI will be awarded to users based on actual usage, fostering a sense of community and ownership with your peers.
Access – $LFI will provide holders and users access to special games, tournaments, products, and discounted commission structures on all house pools in the future.
Governance – Staking $LFI to receive $vLFI can be used as governance to submit proposals and vote. To find out more about our $vLFI yield generating token.
Liquidity Incentives – $LFI will be distributed to all participants of the ecosystem including players, investors, and liquidity providers.
Fees – Developers using the LunaFi protocol pay fees in $LFI to build their dApps. With every bet accepted in a house pool, 1.5% of turnover is automatically claimed by the Treasury Contract.
Detailed Token Metrics
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Token Distribution
Token Release Schedule
Partners & Advisors
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Investors
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