Dear Community,

During this past year, we’ve seen how gaming and Play2Earn projects have exploded. The DFSocial team has created a functional platform with a wide variety of popular games where everyone can earn, even if you are not a gamer. 

Today we are introducing changes that have been implemented with the following main objectives in mind:

• Reduce inflation.
• Make the registration process easier to understand and execute.
• Attract new gamers, sponsors and investors.

We are very excited about all that we have accomplished so far, so let’s get into the details!

TOURNAMENTS [Updated]

New SuperGaming smart contract! It has been funded with 500,000 DFSG from the Gaming Reserves.

Changes regarding the registering of gamers:

• The locking tokens method is replaced by a small entry fee (in USD). Registering for a tournament now has now a fixed cost (the value varies depending on the tournament).
• Available payment methods: $DFSG, $USDT & $BNB. If the users pay with $BNB or $USDT, these will be automatically converted to $DFSG by making a buy on Pancakeswap pool.

For example, if there is a tournament which entry cost is $10, the price of BNB is $400 and the price of DFSG is $0,025, users are able to register by paying one of the following:

• • • 10 $USDT
    • 10 / 400 = 0,025 $BNB
    • 10 / 0,025 = 400 $DFSG

• Sponsors registering more than 2 teams for the same tournament will receive a 50% discount on the following registrations. Following the previous example, if a sponsor register four teams, the required amount is:

• • • 10 + 10 + 5 + 5 = 30 $USDT
    • 30 / 400 = 0,075 $BNB
    • 30 / 0,025= 1200 $DFSG

Number of Sponsored Teams – Total Cost (tournament with $10 entry fee)

The distribution of the tokens has also been changed. Let’s see how is the prizepool calculated and how are the collected fees distributed:

• Total Prizepool:
  • 75% Entries fees
  • +
  • X $DFSG per registration (X varies depending on the tournament)
• Entries fees:
  • 75% added to the Prizepool 
  • 10% added automatically as liquidity to Pancake and burned.
  • 5% DFSocial.
  • 5% New Staking Pool.
  • 5% Burned

Note: Transactions (liquidity, burn, staking…) will be automatically made for each tournament when sending the rewards by the SuperGaming.

WEBSITE [Updated]

• Improved the user experience.
• View tournament information such as registered players without needing Metamask.
• Possibility of games APIs integrations.
• Gaming platform update: All the tournaments are on only one site. Filter by game or date, register yourself, sponsor gamers, track your stats & more… All in the same place! 

STAKING [New]

• New pool with variable and unlimited APY to reward big holders.
• Allocation: 1 million $DFSG.
• More details coming soon. Starting in May!

BURNING [New]

New burning mechanisms implemented to make the ecosystem’s token ($DFSG) even scarcer:

• 5% of the amount collected from registrations will be burned.
• 10% of the amount collected from registrations will be added as liquidity ($BNB-$DFSG Pancakeswap pool) and the LP tokens will be burnt
• New huge burn transaction is coming soon!

— DFSocial Team.