BinomialPool — not a company, but an open source DeFi protocol, owned by crop farmers. The BinomialPool is programmed to make logout fraud impossible. However, the Binomial Pool has publicly known developers to build trust. The developers use their real names on GitHub and are based in Austria / Europe.
Contents:
Description of the Binomial Pool project
Players can bet against the Binomial Pool with a house edge of 0.8%. Farmers, who grow crops, have the advantage of home. Winnings are paid out instantly.
As such, BinomialPool is made for farmers who are tired of being scammed in the current DeFi ecosystem. Crop farmers receive a 0.5% withdrawal fee if other farmers withdraw their deposits. In addition, withdrawal fees stabilize the value of BINGOV. Binomial Pool protects farmers from accidental losses. The more players there are, the higher the income.
Why should you trust this project:
| Early adopter encouragement | Earn BINGOV for every BNB deposit, depending on the mining. The earlier you deposit, the higher the mining rate. |
| Deflationary | The mining speed is halved after the specified intervals, similar to Bitcoin halving. This limits the overall BINGOV offering. |
| Gambling bonus | While farmers earn BINGOV for every deposit, players earn BINGOV for every bet, whether they win or lose. |
BINGOV can levy small "winnings taxes" from players, benefiting all token holders. The process for sending BNBs is almost the same as for farmers. The only difference - the last digit of your BNB amount must be between "1" and "5". If the last number is 5, then you have a 50% chance of winning. If the last number is 1, then you only have a 10% chance of winning.
Additional data
At the moment, there are no White Paper and RoadMap on the site. The developers provide only brief information on the main page.
The community runs the following social networks:
- twitter;
- reddit.
The smart contract doesn’t have an audit.