๐Ÿ—๏ธThe Mechanics: Bits

In Gambit Finance, Bits represent fractional shares of a player or teamโ€™s performance. Fans can purchase and trade these Bits on an open market, with prices determined by factors such as player performance, market demand, and overall tournament outcomes. Gambitโ€™s bonding curve system ensures liquidity across the platform, allowing users to easily buy or sell Bits while maintaining a dynamic market ecosystem.

The Bonding Curve

The innovative aMM inspired bonding curve implemented by Gambit ensures that liquidity is available, even for less-established players. This allows early investors to identify and support rising talents, rewarding users who spot potential before the mainstream audience.

Treasury Compounder

Gambitโ€™s Treasury Compounder further enhances the ecosystem by automatically buying Bits of winning players and selling Bits from losing players using protool fees collected from trading activity. This mechanism steadily increases the value of winning Bits, creating a dynamic rewards ecosystem that incentivizes traders to back successful teams and players.

Last updated