For more information about the Upgraded Level Up Bonus program, feel free to read it here:
https://shuffle.com/promotions/level-up Noah also announced big changes for SHFL! Users will be allowed to convert their coins for SHFL - for ease of access. SHFL will become a currency in Shuffle for bets and wagers with better incentives - to increase SHFL's utility and value. There will be free tickers in lotteries for stakers in Shuffle - to encourage HODLing.
https://x.com/noahdummett/status/1802870047838507068That was an interesting thread! That staking shfl for lottery tickets is an interesting choice, and i am guessing that staking could be for other purposes only.
Probably not for passive income though, as that's problematic in most regions.
It is passive income. Staking is also like HODLing, but the main difference is you're leaving it to Shuffle.com to give you free lottery tickets therefore making it a sort of "incentivized HODLing". It will be good for the price and its market because it will cause artificial scarcity.
But it made me wonder if it's indeed happening inside their site, and not trough third party services, wouldn't cryptos converted to SHFL need a seperate trading platform licence? Or is it even exchange when it's technically buying crypto only?
But thanks for the link, and airdrop 2 is happening "sooner than we think". This is looking better than i thought.
I believe it's in Shuffle as clearly posted in Noah's thread.