TRIBOT: WHAT/WHEN

$BIT, TG SNIPER, NEW REWARD STRUCTURE, WHEN:

1. $BIT Airdrop

As you might already know, the recently established MegaBit Casino has set aside 10,000,000 $BIT tokens for individuals participating in our token sale. However, as we fell short of our initial target for the token sale, we have opted to allocate 5,000,000 $BIT tokens to those who stake $TRIBOT as a sign of gratitude for their steadfast loyalty and support.

For those who made a purchase during the token sale, we understand your eagerness to receive the tokens. We want to assure you that we are in active communication with the team, pressing for an expedited process to ensure a swift distribution.

Rest assured, our commitment to completing the distribution within this week is definite. We are aware of the anticipation and excitement, and we are working diligently to ensure the $BIT tokens find their way to you promptly.

2. TRIBOT TG Sniper V1 Update

Excitedly, our TRIBOT Telegram Sniper Bot is nearing completion, entering its final testing phase following extensive round 2 development. The team has worked tirelessly to refine features, scam and honeypot algorithms, and ensure optimal reliability, especially considering network activity, a crucial factor when using instance-driven sniper bots on high-activity blockchains.

This marks the culmination of an intensive development journey, prioritizing safety, security, and an exceptional trading experience. Algorithms have been meticulously analyzed and fine-tuned to provide users with a superior trading environment, mitigating risks tied to prevalent scams and honeypots in the blockchain space.

Network activity is a significant consideration, particularly in the dynamic blockchain space where high activity is common. The bot’s performance has been optimized to operate seamlessly even during peak blockchain traffic, ensuring reliability, speed, and responsiveness crucial for effective trade execution.

In this final testing phase, our focus is a thorough evaluation of the bot’s performance, encompassing accuracy measures and operational efficiency. The goal is to pinpoint potential areas of improvement, enhancing the bot’s performance and reducing the likelihood of trading-related losses.

We deeply appreciate the continued support and patience from our community throughout this journey. The impending release of the TRIBOT Telegram Sniper Bot is a testament to the trust placed in us to-date.

3. New Reward Structure

Reward Structure for Our Staking Program

In our endeavor to enhance the attractiveness of staking for TRIBOT holders, planning and calculations have been undertaken to uphold the fundamental of maintaining staking integrity and mitigating any potential dilution or inflationary effects.

IMPORTANT: The primary objective guiding this strategy is also to create a sustainable, long-term approach to profit generation through our trading bots.

Primary Challenge Overview:

• At the core of our reward structure lies the necessity for profits, in USDT or ETH, to be linked to our bots’ increasing trading volume.
• The correlation between trading volume and resultant profits is central to our approach, of course, which means that higher trading activity yields higher profits for our stakers.
• In our trading approach and strategies, trading volume is predominantly denominated in USDT. So, USDT is imperative for increasing trading profitability.
• A pivotal aspect of our strategic vision is to avoid selling TRIBOT to purchase USDT, simply to safeguard the overall market capitalization (MCAP) and promoting steady growth; as well as the value of your holdings.

This rationale is why the role of USDT cannot be overstated, as it fulfills a multifaceted purpose providing a liquidity and volume mechanism ensuring sustained and ongoing profitability facilitated through our automated trading bots.

For this reason, we have been inclusive of USDT in 2 of the 3 staking mechanisms, and will promote that as a significant part of the TRIBOT ecosystem.

We have adjusted our reward mechanism to suit this need, but nevertheless, we have ensured that $TRIBOT stakers do not miss out on the USDT earnings as well.

Current Reward Structure:
(THIS STRUCTURE IS Subject to further refinement for optimal community benefit, and future-proofing)

IF USERS STAKE $TRIBOT EXCLUSIVELY:

• Stakeholders in this category receive 25% of the REWARD POOL, encompassing USDT, TRIBOT, and PARTNER TOKENS. Additionally, they benefit from TRIBOT APY earnings as a separate element. This includes both USDT and TRIBOT available in the reward pool, along with a daily yield based on APY, incorporating holdings in PARTNER TOKENS like $BIT.

IF USERS STAKE USDT EXCLUSIVELY:

• Stakers in this category receive 25% of the REWARD POOL. However, TRIBOT APY yield is not applicable. $TRIBOT earnings are only accessible in the instances where $TRIBOT is present within the reward pool.

IF USERS STAKE BOTH USDT & TRIBOT:

• Stakers in this category can access half (50%) of the REWARD POOL, including USDT, TRIBOT, and PARTNER TOKENS. Additionally, they benefit from TRIBOT APY earnings as a separate yield component. This covers both USDT and TRIBOT in the reward pool, enhanced by a daily yield based on APY, encompassing PARTNER TOKENS.

NOTE:
The APY-based TRIBOT yield is currently set at a rate of 0.5% daily for TRIBOT staked. Further enhancements and optimizations are being meticulously explored to ensure maximum value and benefits across all options for our community.

This reward structure embodies a carefully formulated approach aimed at fostering a sustainable and rewarding staking experience, aligning with our commitment to transparency, equitable participation, and consistent growth of our profit volumes over time.

4. Provisional Timeline (as accurate as possible given trial and error 🙏)

• Optimized TRIBOT SNIPER V1 Final Testing Day — Latest Tuesday the 19th September.
• Optimized TRIBOT SNIPER V1 Launch — Latest Wednesday/Thursday the 20th/21st (Final Testing Day Dependent) September.
• New Reward Structure Deployment — Latest Wednesday 20th September.
• $BIT Distribution — Latest Thursday the 21st September.