Hello,
I am writing this proposal on behalf of Fantom House for a partnership between Spiritswap and Fantom House.
Fantom House is a decentralized betting platform where ANYONE can be the House by simply depositing into the protocol.
We provide stablecoin pools where anyone can deposit (DAI Pool on FTM chain. https://fantom.house/daiflip)
However, what I am proposing is to list $Spirit token as a betting currency at Fantom House.
NO set-up fee.
NO setting up own chainlink vrf subscription. 50/50 Odds, truly fair and transparent, powered by chainlink vrf.
Currently, EMP Money (BSC), Grape Finance (Avax), Serenity Capital (FTM) are listed as betting currency.
Here are the benefits of listing $Spirit token to Fantom House.
- Provides another utility to the token
- Provides fun & exciting experience to $Spirit holders
- The $Spirit treasury of the team can be deposited, and serve as the House. Depositors will have advantage of House-Edge, and will see real-time growing of their deposit.
- SpiritSwap team's house bank will grow, and the team can either burn or store them in the treasury, which decreases the floating supply of $Spirit.
- Deposited Tokens, of course, can be withdrawn.
Risks
- There is no potential risk for the team or project.
Conclusion
- By listing $Spirit token at Fantom House and depositing team's $Spirit tokens, it will provide fun experience to the users with new utility, and will also grow the team's treasury and allow them to burn more of the tokens.
- If this proposal is passed, SpiritSwap will have official partnership with Fantom House, get $Spirit token listed at Fantom House, and the SpiritSwap team will deposit around $50K~100K worth of $Spirit (which can be withdrawn) into the Fantom House.
Reference links
https://fantom.house/
https://bsc.fantom.house/
https://docs.fantom.house/