💱$MTK Mechanics

MetaTokens is a globally successful crypto-casino that generates a steady daily income. This income supports the growth of the $MTK token through an integrated daily system of buybacks, burns, and rewards.

First, let's discuss the operational scheme of the MetaTokens casino and outline the role of the $MTK token within the ecosystem

The $MTK token economy is built around the MetaTokens casino, which is already generating revenue. By purchasing the $MTK token, you become a stakeholder in the crypto-casino and generate revenue regardless of market conditions. For the casino, it doesn't matter what stage of the market it is, whether it's a bear or bull cycle, people have always gambled, are gambling and will continue to do so. And you, as token holders, get daily interest on staking into your wallet. You - give liquidity, MetaTokens - generate yield for you.

Moreover, in the future we will introduce our own system of redeeming $MTK tokens from the market to maintain the exchange rate and accrue profit to the stakers. Funding for buybacks comes from casino revenues, with up to 50% of profits being used for buybacks. During this buyback process, the price of $MTK automatically rises.

Up to 50% of the tokens that MetaTokens buybacks from the market are sent to the staking pools as rewards to the $MTK stake holders. The rewards are distributed to holders on a daily basis proportionally based on the share of tokens purchased. As a result, $MTK are withdrawn from circulation, the deflationary model is in effect, and the price of the token increases due to a decrease in supply