BUSDMachine V2 projects aim to create long-term sustainable payouts for all investors.
To place a bet, click "Connect" at the top to connect your browser wallet to the dapp. Make sure you are on the BSC network.
In the "MINT BUSDMachine" section, you will need to approve the BUSD spending by using the app (i.e. enter 250 to get $250) and click "Verify". Your wallet will appear in a pop-up window to confirm the transaction, click "Confirm" and wait for the transaction to be processed by the blockchain.
In the "MINT BUSDMachine" section, enter the amount of BUSD to deposit into the decentralized application and click "Use". Your wallet will appear in a pop-up window to confirm the transaction. Click "Confirm" and wait for the transaction to be processed by the blockchain. A MAX button is provided which will enter the maximum amount of BUSD you have in your wallet.
Using the “BUSDMachine price” formula, it can be seen that the more funds are included in the contract, the higher the price. When the funds exit the contract, the price goes down.
As users mint BUSDMachine V2 tokens (either with BUSD or by staking BUSDMachine), the circulating supply increases (which reduces the available supply). This leads to an increase in the price.
Using the “BUSDMachine price” formula, as users sell BUSDMachine tokens, the circulating supply decreases (which increases the available supply) and results in a lower price.