Thread by @thewolfofdefi

1./ One of my top holdings is $WINR. 🎲

I'm a massive believer in decentralized gambling, and among all the different #GambleFi projects launching lately, $WINR is my absolute favorite.

Let's have a look at @WINRProtocol and why I think it will outperform all others.

✍️

2./ @WINRProtocol is not just a gambling protocol. It's a protocol on which other projects are being built.

@JustBetOfficial, the decentralized casino, is the first one. But @0xsportsbet and #degenbets are also announced already.

3./ $WINR is @WINRProtocol's native token. The other projects deployed on top of @WINRProtocol won't have their own token.

This means everything built on @WINRProtocol contributes to the value of $WINR.

4./ @WINRProtocol has a token design like @GMX_IO.

So we have $WINR, which is the equivalent of $GMX, and then we have $WLP, which is the equivalent of $GLP.

5./ $WLP is obtained when depositing assets in the pool. This pool acts as the counterparty for all transactions on @WINRProtocol. This means that when a gambler wins, his profit is taken from the pool and paid out to him. If he loses, his loss is added to the pool.

6./ As the house always wins, a positive APR in the long term is expected.

It's a perfect way to make your assets yield. And yes, it's all #RealYield.

7./ Next to $WLP, there is $WINR and $vWINR.

$vWINR is vested $WINR that can be converted to $WINR with a vesting period of 180 days. If someone chooses a shorter vesting period, part of the $WINR is being burned.

8./ Both $WINR and $vWINR can be staked to earn passive income. 45% of the protocol fees are distributed to $WINR and $vWINR stakers. Staking $vWINR makes you earn more than staking $WINR, so there is an incentive to lock your tokens.

9./ 25% of the fees are distributed to the $WLP pool, 15% to core developers, and 15% to burn $WINR!

10./ As more products will be built on top of the @WINRProtocol, more fees will be earned, and $WINR will be worth more. Next to that, $WINR is deflationary because of the burn mechanism.

11./ If you believe in #GambleFi, I think you should have some $WINR.

It has by far the best design to accrue value for its holders.

12./ Staking is not yet available. Mainnet is launching on the 15th of April. From that moment, I expect $WINR to fly.

13./ Next to the design, some exciting things to mention are that @JustBetOfficial is coming with a mobile application, @WINRProtocol will go cross-chain (optimism already announced), and they will make use of the secure ZK-technology.

14./ With a market cap of only 7.5M, the upside is enormous.

x100 in a bull market? Why wait for the bull market?

I'm buying some more $WINR after writing this thread.