Technology
Last updated
Last updated
Automated, lighting fast and transparent smart contracts eliminate the need for third parties, reducing disputes and fraud risks.
Winbit offers profit sharing as means of generating passive income for its users. This mechanism involves distributing a portion of the project's profits to users that stake their tokens on the platform. you can learn more about the staking and profit sharing on the page.
To increase the value of the platforms tokens and to create scarcity, a burn mechanism is intergarted in the smart contract. With each transaction 0,0888 % of the transaction amount is burned. This means that with each transaction the total supply decreases, making each remaining token more valuable. you can learn more about the burn mechanism on the page.