🎁Reward Program
Get $MONT as a reward by playing in Dumont.
Last updated
Get $MONT as a reward by playing in Dumont.
Last updated
To share a significant portion of Dumont's value with the main participators, we allocate 40% of the total tokens, around 4 billion $MONT, as a reward to the players.
Read about $MONT tokenomics here ->
The reward will be distributed after each bet. Whether players lose or win, they can claim the rewards immediately.
The reward each player receives is determined by the wagered amount and the betting odds. Additionally, there's a bonus for players who share or come with an invite link (more details to follow).
This condition ensures that rewards only go to real players, not farmers; also, the built-in risk embedded prevents this reward from becoming gamified. So,
Where "X" represents the bet amount, "Y" represents the odds, and "Z" is the player's status in the referral program, such that if joining through someone's invite link, it becomes 0.9, and if not, it becomes 0.8.
For example, consider a scenario in which a player with an invite link places a $2,000 bet at odds of 3x. Their reward would be:
Now, since the operator can access game outcomes and liquidity, it can participate as a player, place bets without risk, and deplete the reward pool. Therefore, the reward function needs protection to prevent such abuses.
When the operator plays against itself, its loss is that 80% of the house fee is used to buy and burn $MONT. Therefore, we can implement the house fee check in the formula so the operator can never gain more than it loses.
Learn more about the burning mechanism->
Where House Fee is 10% of the win or loss, and P is the price of $MONT against USDC at the moment of reward allocation.
Considering all of this, the following formula will be used for reward distribution:
For better understanding, consider a scenario in which a player with an invite link places a $1,000 bet at odds of 5x and wins the bet.
For low $MONT prices, such as $0.0005:
Clearly, for low token prices, the reward would always equal the product of the wagered amount and betting odds, which is smaller than the amount used by the burning mechanism.
For high $MONT prices, such as $0.5
As you can see, the house fee will cap at 720 $MONT, which is equal to the amount used by the burning mechanism, meaning the house/operator could never benefit from playing against itself.
To claim your reward, you should follow this process:
Connet your wallet and click on the gift icon at the top of the game page.
Here, view your reward details, including referral and playing earnings.
Then, click on the claim button.
At this stage, confirm the action.
There is no expiration date to claim. You can claim them whenever you wish.
You can invite your friends to Dumont and get bonus rewards equivalent to 10% of their in-game $MONT rewards.
For example, if your invitees earn 20,000 $MONT in rewards, you will also receive 2,000 $MONT as a referral reward.
Additionally, when you're invited to the game via someone's link, you will earn 10% more than when you join without a referral link.
For example, if you normally earned 4,000 $MONT as a reward, you would receive a bonus of 400 $MONT as a referral reward for joining with an invite link.
To get your referral link:
Connect your wallet and click on the address box.
Then, copy your invitation link from the pop-up modal.
When a player creates a round for the first time using your invitation link, they become your referral, and you become their referrer permanently. This means that even if they later enter and play without your link, both of you will still receive your rewards.
To maintain transparency, all the referrals' operations and data are executed and stored on the blockchain so they are verifiable by everyone.
Congratulations! You have successfully claimed your reward.
