Bridging Casino Profits and ICE Token Sustainability

Bridging Casino Profits and ICE Token Sustainability

We propose allocating a specific percentage of the casino's profits, derived from all tokens excluding the ICE token, to fund the buyback and subsequent burning of the ICE token. This includes profits from stable coins and any other tokens used presently or introduced in the future.

Key Points: 1. Initial Allocation Parameters: A percentage of profits from non-ICE tokens will be reserved for ICE token buyback and/or burn. The precise allocation percentage can be flexibly determined by the team, provided that it remains at or above a 10% floor. (Profits would be calculated after deposit bonuses, rakeback, ref link bonuses, and casino comp prizes have been subtracted)

2. Burn-to-Earn Ratio Adjustment: -The allocation percentage will be dynamic, adjusting in relation to the burn-to-earn ratio. -While 20% serves as a guiding maximum allocation, the team retains the discretion to set the exact rate. -As the burn-to-earn ratio evolves favorably, the allocation percentage should decrease. -When the burn-to-earn ratio hits 0.9:1, the allocation drops to its minimum of 10%.

By implementing this proposal, we aim to ensure the sustained value and stability of the ICE token by providing a complete connection between the casino and the ICE ecosystem. Establishing a direct link between the casino's operations and the ICE ecosystem helps to ensure stability and also offers an appealing proposition for stakeholders and investors. This proposal grants the team a level of flexibility in setting percentages, while also creating confidence within our community about the alignment of casino profits with the ICE ecosystem's success. This proposal also provides a plan in the possible scenario where the other tokens that will be used in the casino reach a significantly higher volume than ICE tokens used in the casino.