A sports betting infrastructure project has burned through 11.5% of its oversupply within a year by collecting real fees from betting activity. With a market cap sitting at $16.1m, the protocol processes actual volume through Chainlink oracles across multiple chains—Arbitrum, Optimism, and Base—creating a scalable foundation for on-chain sports markets. The ecosystem also offers a direct betting interface accessible via X using smart contracts, letting users execute trades without leaving the platform. This model showcases how on-chain oracle infrastructure can support real use cases beyond speculation, turning protocol fees into a genuine deflationary mechanism.

LINK0.9%
ARB2.82%
OP5.24%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LiquidatedDreamsvip
· 23h ago
A real use case finally exists, not just another vapor project.
View OriginalReply0
rugpull_ptsdvip
· 01-12 06:51
11.5% burned in one year, this deflationary strength is quite interesting. Finally seeing real trading volume.
View OriginalReply0
WhaleMinionvip
· 01-12 06:47
Well, this is what I want to see, a truly productive project.
View OriginalReply0
LayerZeroEnjoyervip
· 01-12 06:46
Wow, are there really projects burning tokens based on actual trading volume? Isn't this guy just trying to scam people?
View OriginalReply0
MonkeySeeMonkeyDovip
· 01-12 06:35
A project that truly gets things done, with an 11.5% burn rate—no exaggeration.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)