Profit Share Transition โ€“ $BBT Now Powers Rewards

๐Ÿ“ข Important Update: NFTs No Longer Provide Direct Profit Share

Gatos NFTs were originally designed to receive 30% of Basebetโ€™s profits, distributed monthly. However, to ensure scalability and liquidity, Basebet has transitioned to a $BBT-based revenue-sharing model.

๐Ÿ”น Profit-sharing is now tied to $BBT holdings, ensuring a more liquid and scalable system for long-term growth. ๐Ÿ”น To ensure NFT holders still benefit, 30% of the total $BBT supply (300M BBT) was airdropped to them. ๐Ÿ”น NFT holders who received $BBT in the airdrop now earn revenue share through their $BBT holdingsโ€”just like all other token holders.

How Revenue Sharing Now Works

  • 40% of Basebetโ€™s profits go to $BBT holders, paid in USDC.

  • Payouts are made automatically based on your $BBT balance.

  • Holders do not need to stakeโ€”simply holding $BBT qualifies you for rewards.

๐Ÿ’ก This transition ensures a more liquid and scalable rewards system, where holders have full flexibility over their earnings.


Why This Change Was Made

โœ… Gatos NFT holders still benefit through the $BBT airdrop, ensuring they continue to earn revenue share. โœ… $BBT-based rewards make revenue sharing more flexible & scalableโ€”investors can buy, sell, and hold freely. โœ… Long-term sustainabilityโ€”the transition removes the need for staking & manual distribution, automating rewards.


What NFT Holders Need to Do Now

๐Ÿ”น Check your wallet โ€“ You should have received $BBT from the airdrop. ๐Ÿ”น Hold at least $50 worth of $BBT in a regular wallet to start earning USDC revenue share. ๐Ÿ”น Track your earnings via the dashboard.

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