Moolah
Moolah.bet is an online gambling dApp (decentralized application). It is exclusively linked with Centric. Built essentially on the Tron network, people can play games using TRX and later with CNS, EOS and IOST coming up.
With a sustainable economic model and long term development pipeline, Moolah.bet plans on building the largest selection of games giving players a trusted and provably fair platform.
Games
Currently, Moolah.bet has the following types of games:
- Rapid Dice
- Slots
- Table Games
- Live Casino
Profit distribution
Moolah.bet's profits are shared with its users making it a non-profit gambling platform. The distribution of profits is divided as followed:
- 40% goes to CNR stakers.
- 10% goes to MLAH stakers.
- 30% is used for buying CNR off exchanges, feeding the mining pool and providing extra burning to Centric Rise (CNR).
- 9% goes into the CNS/TRX and MLAH/TRX liquidity pools on JustSwap.
- 1% is feeding the Jackpot.
- 10% is reserved for maintenance and development costs.
Mining
Each day there is a pot of CNR available to mine. The size of this pot is partially determined by the price of Centric Cash (CNS) on the exchanges and the amount of TRX profits from the past. The mining pot is divided over the players who played during that day. The amount to receive per player is based on how much they have wagered.
During the day Moolah gives an indication of the wagering rate, based on the current values. This means that the shown wager rate will get higher towards the end of the day.
For each CNR that gets mined, users will get 1 CNR staking right. This will be bound to the address where they mined the CNR on. The staking right is not bound to the CNR coins itself.
Staking
People can stake CNR to a maximum of their current staking right. This means they can only stake the amount of CNR they have mined before on the platform.
- 40% of Moolah.bet's TRX profits will be put in a dividend pool. 3% of the dividend pool is shared with CNR stakers each day.
It is also possible to stake the MLAH tokens, without the need of having staking rights. People who buy MLAH off exchanges can directly stake them for dividends.
- 10% of Moolah.bet's TRX profits will be shared with MLAH stakers each day.
Since MLAH can't be mined like CNR, MLAH stakers will not see their percentage of the total staked amount decrease, having more reliable dividend payouts long term.
MLAH token
| Metrics | |
|---|---|
| Network: | TRON TRC20 |
| Contract: | TZEjLu4s9Q5m1hRj9nWGMeqJmLGLcxaiZW
|
| Precision: | 8 |
| Supply: | 1,000,000 MLAH (fixed) |
| Distribution: | 100% airdropped to CNR stakers |