# ⚙️ Utility

The BJF Token incorporates multiple utilities to incentivize player engagement and token holding:

# Burning Mechanism

  • Purpose: To reduce the total supply of BJF Tokens, thereby increasing scarcity.
  • Mechanism: Up to 50% of the tokens from lost bets are burned monthly.
  • Burning Process: Every month, the total amount of lost bets in BJF is calculated, and tokens are burned according to the active burn percentage.
  • Impact: As the circulating supply decreases, each token may become more valuable.

# Staking Rewards

  • Purpose: To reward token holders and encourage long-term investment.
  • Mechanism: Up to 20% of the tokens from lost bets are allocated to a staking pool.
  • Rewards: Stakers earn a share of the staking pool proportional to their stake.

# Operational Expenses

  • Purpose: To maintain and develop the platform.
  • Allocation: Up to 30% of tokens from lost bets are used to cover operational costs.
  • Transparency: Regular reports on expenditures ensure community trust.

By incorporating these utilities, the BJF Token aims to create a dynamic ecosystem that benefits both players and investors.