Profit Share Transition – $BBT Now Powers Rewards
📢 Important Update: NFTs No Longer Provide Direct Profit Share
Gatos NFTs were originally designed to receive 30% of Basebet’s profits, distributed monthly. However, to ensure scalability and liquidity, Basebet has transitioned to a $BBT-based revenue-sharing model.
🔹 Profit-sharing is now tied to $BBT holdings, ensuring a more liquid and scalable system for long-term growth. 🔹 To ensure NFT holders still benefit, 30% of the total $BBT supply (300M BBT) was airdropped to them. 🔹 NFT holders who received $BBT in the airdrop now earn revenue share through their $BBT holdings—just like all other token holders.
How Revenue Sharing Now Works
40% of Basebet’s profits go to $BBT holders, paid in USDC.
Payouts are made automatically based on your $BBT balance.
Holders do not need to stake—simply holding $BBT qualifies you for rewards.
💡 This transition ensures a more liquid and scalable rewards system, where holders have full flexibility over their earnings.
Why This Change Was Made
✅ Gatos NFT holders still benefit through the $BBT airdrop, ensuring they continue to earn revenue share. ✅ $BBT-based rewards make revenue sharing more flexible & scalable—investors can buy, sell, and hold freely. ✅ Long-term sustainability—the transition removes the need for staking & manual distribution, automating rewards.
What NFT Holders Need to Do Now
🔹 Check your wallet – You should have received $BBT from the airdrop. 🔹 Hold at least $50 worth of $BBT in a regular wallet to start earning USDC revenue share. 🔹 Track your earnings via the dashboard.
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