> For the complete documentation index, see [llms.txt](https://splflip.gitbook.io/splflip/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://splflip.gitbook.io/splflip/tokenomics.md).

# Tokenomics

Benefits of Holding $SPLFLIP Token

### Introduction

$SPLFLIP is the native utility token of the SPLFlip platform on Solana. As a holder, you gain access to two primary benefits that make your gaming experience more rewarding: revenue sharing and reduced platform fees.

### Key Benefits

#### 1. Revenue Sharing Program

* Participate in daily platform revenue distributions
* Earn a percentage of all platform fees collected
* Automatic deposits to your wallet - no need to claim
* Revenue share is proportional to your token holdings
* Minimum hold requirement: 10,000 $SPLFLIP tokens
* Rev-share snapshot taken daily at 00:00 UTC

#### 2. Reduced Platform Fees

**Standard Users**

* Base platform fee: 1% per flip

**Token Holders**

* Bronze Tier (10,000 $SPLFLIP)
  * 0.75% platform fee
  * 5% of daily revenue pool
* Silver Tier (25,000 $SPLFLIP)
  * 0.5% platform fee
  * 15% of daily revenue pool
* Gold Tier (50,000 $SPLFLIP)
  * 0.25% platform fee
  * 30% of daily revenue pool

### How It Works

#### Revenue Distribution

1. Platform collects fees from all coin flips
2. Fees accumulate in the revenue pool
3. Daily at 00:00 UTC:
   * Snapshot of eligible holders is taken
   * Revenue is distributed based on tier percentages
   * Holders receive SOL directly to their wallets

#### Fee Reduction

1. Connect your wallet
2. System automatically detects your $SPLFLIP balance
3. Appropriate fee tier is applied to all your flips
4. No need to claim or activate - works automatically

### Get Started

1. Acquire $SPLFLIP tokens through supported Solana DEXes
2. Hold the minimum amount for your desired tier
3. Start enjoying reduced fees automatically
4. Receive your share of platform revenue daily

*Note: All rates and benefits are subject to change based on platform growth and development. Please refer to our official documentation for the most up-to-date information.*