Fiscus.fyi Dice is based on the idea that open source software should be used as the basis for future developments. Not only does it aim to provide more stable returns, more pools, tokens and ultimately higher rates, but it also takes into account the fact that all current lending aggregators are based on ETH, Fiscus will be a blockchain independent, interoperable platform and lending aggregator.
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Description of the project Fiscus.fyi Dice
When you stake your DAI, ETH, USDC, USDT and TUSD on Fiscus.fyi, the exchange will find a pool of lenders with the best rates and send the tokens for betting. Once canceled, Fiscus.fyi will sell rewards from the credit pool on Uniswap for uFFYI and burn them.
The Fiscus.fyi extension is ready to create a decentralized gaming infrastructure that will define the way gambling is viewed and the relationship between home and gambler. The concept of online gambling on a contract basis is nothing new. However, when a decentralized financial infrastructure is added to the mix, the player can become both a player and a game, which makes it possible to share the income from the profits.
Each bet has a 1% commission, which has the next distribution:
| 1. | 25% to the pool creator's liquidity pool. |
| 2. | 25% to the pool creator's jackpot fund. |
| 3. | 25% to the FFYI income distribution pool (FFYI RS). |
| 4. | 25% goes to buy back and burn uFFYI. |
Fiscus.fyi will allow any token to create a gaming decentralized application and add liquidity through the infrastructure. As an open source Defi Fiscus.fyi will encourage other Defi projects to create and add their pool as liquidity to the platform. This creates a community-funded bankroll for Defi projects that does not depend on a single token or project, making it decentralized in its true form. Ultimately, this model of full contract transparency and distribution between any pool will give trust and legitimacy, which is a key component for players when placing bets.
Additional information
Blockchain offers transparency that hasn't been there before. All deposits and withdrawals are displayed in a smart contract, and winnings are paid out automatically. Adding the uFFYI pool, in this case the pool of the house Fiscus.fyi, will earn a portion of the house's profit for the staker. Thus, by providing liquidity to the game engine, users get rewards. Likewise, any Defi project can create a dice gambling app by creating a liquidity pool at dice.fyi. There is an introductory document on the site. It presents the features of the project and answers to questions.
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