How does $BETS ensure transparency in profit generation and distribution?
Transparency is a cornerstone of the $BETS ecosystem. Key measures include: Weekly Updates: We provide weekly balance updates and Profit and Loss (PnL) reports to give holders insight into the AI's trading performance. On-Chain Verification: Smart contracts handle all token allocations, airdrops, and vesting schedules, ensuring all processes are publicly verifiable. Predictable Payouts: Snapshots of token holder balances are taken at a random time on the last day of each month, and payouts in $USDT are distributed on the 1st of the following month.
How is the trading balance determined, and what safeguards are in place to manage risks?
The trading balance is set at 10% of the $BETS market cap, provided by private investors who fund the initial capital. This ensures adequate liquidity for trading activities. To manage risks, the AI employs: Diversification: Funds are allocated across BTC, ETH, USDT, and SOL to spread risk. Stop-Loss Mechanisms: Automated systems prevent excessive losses in unfavorable market conditions. Dynamic Leverage Adjustments: The AI optimizes leverage to maximize returns while mitigating risks.
Why are profits distributed in $USDT instead of $BETS?
Profits are distributed in $USDT to provide a stable and universally accepted payout method. This ensures holders receive tangible rewards that are unaffected by the price volatility of $BETS or other cryptocurrencies. Distributing profits in $USDT also makes the process straightforward and appealing to a broader audience of investors.