Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
stupid_seb
on 29/08/2017, 00:15:19 UTC
FYI.  The devs posted a spreadsheet of the Mayweather payouts in the slack channel.  Payments pending.

https://docs.google.com/spreadsheets/d/19YExmTpeSIo21g109mvgpa4nKwNrpaewc9Q8CUbpkz0/edit#gid=0


edit:  snippet from the summary spreadsheet page
   
Mayweather victory   
   
Bets on Mayweather   2660354.22038097
Total Payouts   3215108.41130312
Difference    554754.19092215
   
Fees to be burned   11321.51410041
   
Bets on Mcgregor   2194284.14577119
To pay difference   554754.19092215
Bets to be burned   1639529.95484904
   
Total to be burned   1650851.46894945


How is this possible??? 1.65 mio wagerr are burnt? This means that with a max supply of 200 mio coins, wagerr can only exist for less than 180 matches/games. I ve checked on waves platform, it says it is not re-issuable. Am I missing something here?

What if... they decide to burn less and less, based on the remaining amount of tokens' value ?
At any point in time the price of Wagerr combined with the volume of bets defines how much deflation takes place on the Wagerr blockchain. See for yourself how these three variables interact with the  Interactive Value Calculator  on wagerr.com.
https://wagerr.com/economics