Blockchain technology and cryptocurrencies have been disrupting various industries for years, and iGaming is no exception. Online casinos have undergone a drastic transformation, resulting in games that are completely safe, transparent and fair.
Furthermore, the integration of blockchain into the entertainment space has revolutionized the way we play games and earn rewards. Gaming projects develop cryptocurrencies that are the foundation of their ecosystems – currently, the market capitalization of all gaming coins and tokens totals $9,820,095,395. Fairspin became the first blockchain casino to introduce its own digital asset – the TFS Token, which has been making an impact in the industry.
Introducing the TFS Token and Hold to Earn Program
The TFS Token enabled the creation of a multi-level loyalty program and the gamification of earnings. Players receive instant TFS rewards on every bet through the Play to Earn program. But that’s not all, as the earned tokens can be wagered through the Hold to Earn program, allowing you to earn risk-free passive income with high interest rates.
high yield staking
Within the Hold to Earn program, a user can stake their TFS for 3 days, 1 day or 8 hours. The profit made in the program is determined by the amount of tokens you own and the amount of income received by Fairspin during the staking period.
The average annual rate of return (APR) for token holders is impressive, reaching 500%. And if you choose the most profitable time for staking, you can earn even more. The reality is that the TFS Token is not only making an impact in the gaming space, but it also represents a boost in the world of traditional investing.
A 500% annual rate of return is significantly higher than the interest rates offered by traditional banks and other financial institutions. According to data from the FDIC, the average yield from a savings account is only 0.39% APY, so the TFS Token is already beating what they have to offer.
Unlimited Flexibility with Liquidity Staking
This program empowers users with full control over the funds they have – it is possible to choose how many assets to stake, for how long and withdraw any amount at any time. And the best part is that this staking is permanent, that is, it lasts until the user deactivates it.
The Liquidity Staking program boosts liquidity in the TFS-USDT pool on PancakeSwap, improving the market performance of the TFS Token. The reward scheme is linked to Fairspin’s GGR (Gross Gaming Revenue), user pool share and a time-based multiplier. Those who stake tokens for a month or more enjoy the biggest GGR share – 0.5%. However, it is worth mentioning that a partial withdrawal resets the multiplier of the remaining tokens to the initial level.
risk free income
TFS Token is being highlighted for its high interest rates, but that’s not all, as it is accompanied by complete security of funds.
After the staking period is completed, the holder gets back his initial deposit along with interest. However, even if the casino’s profit during the staking period is zero, the holder is guaranteed to return his funds.
Trueplay Explorer ensures transparency of the process, as all transactions are recorded in the immutable digital ledger.
Hold to Earn vs. Other iGaming Projects
When compared to similar iGaming projects, the Hold to Earn program not only stands out, it stands alone. Due to its high staking yield, risk-free nature and ease of use, Hold to Earn continues to make an impact. Thanks to blockchain technology, users can be confident that their assets are safe and profits are distributed fairly.
At the same time, TFS Token proves to be an asset with growth potential. Compared to last year, its value has increased by 2.5 times, with the token allowing you to earn even in a bear market.
Mutual Benefits
The benefits of the Hold to Earn program are not one-way, as both the user and the casino can benefit from the innovative scheme.
The risk-free passive income attracts more people to the platform to play, increasing the overall casino profits. Furthermore, the program adds even more fun to the winning process, allowing players to chase rewards and the casino to allocate less resources for bonuses.
TFS Token is changing the game
Blockchain integration into online gaming has changed the way players can earn rewards, and TFS is a perfect example of this integration.
TFS Token and Hold to Earn program provides an excellent opportunity for users to earn passive income while playing their favorite games. With the program’s lucrative and risk-free staking, it is a smart investment option for those looking to break into the gaming industry.
Join TFS Token holders and start staking now!
About Fairspin:
Founded in 2018, Fairspin is an industry-leading online casino that is at the forefront of technological innovation. Taking a full transparency approach, Fairspin players can verify their bets and other actions on the blockchain using the Trueplay Explorer.
Fairspin is the first casino in the world to have its own dedicated currency – the TFS Token. Through Play to Earn and Hold to Earn schemes, players can obtain TFS and use it on the site to play some of the most popular casino games.
With over 5,000 games, incredible promotions, exceptional customer support and much more, Fairspin has become the most talked about casino of 2023.
Notice: this item has the functionality exclusively information, does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article
Read also: Transform Agribusiness with the $DMTR Token: Discover Your Potential
Also read: Have you declared your crypto investments yet? Deadline is 5/31
Read also: Finance and mind on time: poker can be seen as more than a form of investment
