InPoker launches Spin & Moon games with INP buy-ins and adds more utility to the token
InPoker is constantly adding utility to INP token, which ultimately creates more demand and strengthens the token’s position on the market. The new and improved Cashier module in the InPoker Dashboard now allows users to instantly deposit INP funds and withdraw their winnings at the click of a button. The INP tokens can be swapped or purchased on PancakeSwap.
One of the best new ways to utilize the INP token is to participate in the brand new INP Spin & Moon tournaments. Spin & Moon offers the fastest chance in crypto-poker to multiply your buy-in potentially by a factor of thousands! Read more about the Spin & Moon and multiplier table on the InPoker Gitbook.
The best part is that you can win additional cash prizes and even NFTs by placing on the weekly INP Spin & Moon Voyager leaderboard that launches on Saturday, 6 August 00:00 (GMT+8) and focuses solely on Spin & Moon games with INP buy-ins. You can read more about it in our recent article.
The Cashier module in the InPoker Dashboard currently offers the fastest and most efficient payment processing speeds in the whole poker space. The INP withdrawal fee is set at a fixed rate of 3% and this amount is automatically burned by the smart contract, thus reducing the circulating supply and contributing to the sustainable INP token economy.
InPoker also discretionarily and periodically uses a percentage of the rake earned in USD games to buy back and burn INP tokens. This and the fact that InPoker regularly burns half of the revenue share received from the rakes in INP games contributes greatly to the sustainability of the token economy. As a result, the more games users play, the more tokens are burned and therefore, the value of the token increases.
Conducting a buyback and burn exercise is an effective way to control a volatile cryptocurrency market and goes hand-in-hand with the long-term nature of the project. Other than ensuring price stability, it will create a continuous price growth pattern, which will attract more interest in the crypto space and will lead to steady growth in the token’s ecosystem.
Additionally, INP holders can stake their tokens to earn APY and increase the rakeback rates. Read more about the additional utility in our Staking & Rakeback article.
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