What's new?
The biggest Rollbit update ever was recently released, and now it has been 30 days, I want to give you a detailed overview of the all-new Buy and Burn along with the other new RLB utility, as well as the recent changes across the Lottery, Rollbots & Sportsbots.
Buy and Burn
Buy and Burn was launched on August 8th 2023 adding to the list of new RLB utilities, and so far Rollbot has bought 33,688,709 RLB $RLB ($5,538,265.59) from the Degen EXchange and then burnt 90% of it on chain the remaining 10% is distributed to Rollbot stakers. Every hour Rollbot will make the on-site purchase using revenue from across Rollbit, 10% from Casino, 20% from Sportsbook, and 30% from Futures!
Sports Rollbots
There have been no changes in the recent updates to Sports Rollbots. They still receive up to 40% profit share! People have been questioning the difference in Revenue and profit share, but it is important to remember that profit is revenue minus expenses, so will be substantially lower. Sportsbots profit share is determined by the realised profits of the sportsbook, not the revenue.