$TIDE Overview

$TIDE is the utility, reward, and value sharing token used across the TideFlow platform of GambleFi products.

Users can convert $TIDE into $xTIDE by locking their tokens. This grants them benefits such as bigger rakebacks on games, free wager games, and revenue share via a buyback-and-distribute model.

$xTIDE

Users lock up $TIDE and receive $xTIDE, which is non-transferable. Users receive 1 $xTIDE per 1 $TIDE locked.

The duration of the lockup period—chosen by the user— determines the amount of benefits received. The longer a user locks up their tokens, the bigger the benefits. Benefits include premium features and revenue sharing via buyback-and-distribute. This ensures that holders with long-term commitment receive more value.

$TIDE Utility

Playerbase Bootstrapping

Players will strategically receive rewards in the $TIDE token or associated points, called Seashells, next to other in-game winnings to acquire and retain high-value users and maximize customer lifetime value.

Get more details in the Airdrop section.

Buyback-and-Distribute

A percentage of revenue will be used to buy back $TIDE on the open market and distribute it to lockers.

Currently this is implemented at 30% of revenue. This means that lockers benefit from a thriving TideFlow platform, incentivizing them to spread the word.

The longer holders lock up their $xTIDE, the bigger the revenue share they receive. The logic works as follows:

For every locker i, holdings points are calculated as follows:
$\text{holding.points}_i = \text{xTIDE.balance}_i * \left( \frac{\text{remaining lockup time}_i}{20} \right)$
Holding point are summed across all lockers such:
$\text{total.points} = \displaystyle\sum_{i=1}^{\text{total players}} \text{(holding.points}_i)$
Each lockers gets a pro rata share of revenue based on their share of total holdings points as follows:
$\text{rev.share} = \left[ \frac{\text{holding.points}_i}{\text{total.points}} \right]$

Using buyback-and-distribute instead of buyback-and-burn allows us to reward the strongest believers rather than short-term traders.

Distributing revenue in $TIDE instead of another token comes with the following benefits

Offers real yield
Retains protocol value (fees/revenue) in $TIDE
Zombie addresses receive $TIDE which effectively burns them, benefitting all holders

Process

The buyback-and-distribute will happen once a week.
30% of revenue of the previous week is used to buy back $TIDE on the open market over 7 days to smooth out price effects and prevent front-running.
Afterwards, the $TIDE is distributed it to stakers pro rata based on the formula above
Stakers can claim their $TIDE rewards anytime

The first buyback-and-distribute will take place 7 days after TGE. 30% of the revenue generated before TGE will be distributed to $xTIDE holders across the first 3 months (60% in month 1, 25% in month 2, 15% in month 3).

Premium Membership

Lockers receive premium benefits for their $xTIDE.

Weekly free wager games

*Disclaimer: Numbers are subject to change

Stakers with at least 10,000 $xTIDE receive 1 free bet game per week. Locks of 10 weeks or longer remaining receive 2 weekly free games.

The budget for free games can come from one or multiple of the following sources:

Community incentives (selling $TIDE to buy game credits)
Revenue from betting games (e.g. a % share of the rake is allocated to offer free games)
Revenue from ads (e.g. free players are monetized via ads and receive part of the value back in game credits)

Free games have the following objectives

Provide value to stakers (focus of this section)
Convert free to paid players
Re-engage paid players

As more data gets collected, free games for the latter two groups can be targeted towards player segments with the highest expected impact (e.g. did 50+ free games last week).

Bonus rakeback

Rakeback allows a player to get back a certain amount of coins from every bet they make. This increases their chances of winning.

Players make a deposit for a minimum of $20 (In any supported currency and asset), after creating the account.

Instantly qualify for a 300% bonus (up to $1000 value).

Every time players wager the equivalent of their initial deposit 6 times, 10% of the bonus is unlocked.

Example

User deposits $100 -> Qualifies for a total bonus of $400 -> Everytime $600 is used in a bet game, players get back $40 worth of bet games.

TIDE Ocean Raffle

The TIDE Ocean Raffle is a weekly lottery that randomly distributes tokens to 10 members of the community.

Ocean Raffle Amount: Each week, TideFlow will distribute 0.1% of the total supply of $TIDE to the community. This is done through a raffle system that anybody can win and is evenly given out per player (0.01% for each of the 10 players).
Base Eligibility: Each holder must lock a minimum of 2000 $TIDE and hold the equivalent $xTIDE in their wallet in order to be eligible.
Increased Chances: Each additional 2,000 $xTIDE held increases the holder's chances by an additional ticket.
Anti-whale: To maintain fairness and avoid excessive dominance by whales, there will be a cap of 35 entries (60,000 $TIDE).

Step-by-Step Breakdown of the Raffle

Let x be the total amount of $xTIDE a participant has in their wallet.

Let n be the number of tickets a participant receives for the raffle.

The formula for calculating the number of entries n based on the amount x locked is:

n = \left[ \frac{x}{2000} \right]

This denotes the floor function, which rounds down to the nearest whole number. This ensures that only full 2,000 $xTIDE increments count towards additional entries.

To prevent excessive influence by whales, there is a cap on the maximum number of eligible tickets. This cap is set at 60,000 $TIDE for a maximum of 35 entries.

Eligibility Criteria

In order to prevent botting, there are several conditions that users need to complete in order to be eligible for the raffle:

Core Condition:

- Having at least 2000 $xTIDE

Account conditions:

- Weekly minimum volume of $50 throughout the TideFlow ecosystem
- Have connected Telegram

Example

Player 1 has 2,000 $xTIDE: They receive 1 entry (n = 1).

Player 2 has 10,000 $xTIDE: Without a cap, they would receive 5 entries (n = 5). With a cap of 35, they still get 5 entries.

Player 3 has 62,000 $xTIDE: Without a cap, they would receive 36 entries. With a cap of 35, they receive only 35 entries (n = 35).

Calculating odds to win

All eligible participants count towards the raffle. Each week, there will be a total number of eligible entries N. The winning tickets will be randomly chosen from this total. Note that if a ticket associated with a player has been chosen to win one of the 10 rewards, all tickets associated with that player are void for the respective week’s raffle.

Total Entries (N) - Sum the entries of all participants to get the total entries in the lottery.

N = \displaystyle\sum_{i=1}^{\text{total players}} n(x_i)

This can then be used to calculate individual odds:

Calculating Individual Odds

Given there are 10 winners each week, the chance Pi that a participant wins at least one prize is derived from the complement of the probability of not winning any of the 10 draws:

P_i = 1 - \left( 1 - \frac{n(x_i)}{N} \right)^{10}

This formula calculates the probability that a participant wins at least one of the 10 available prizes, given their number of entries n(xi), relative to the total N.

Maximizing a player’s weight in the Raffle

Either 60k TIDE locked or 12k lock for 20 weeks.

Here’s the raffle entries per 2,000 $TIDE locked at TGE

Weekly Leaderboard Rewards

By simply playing the game, players are also eligible to be selected for the weekly Leaderboard ranking rewards. Same as with the Tide Ocean Raffle, a minimum of 2000 $xTIDE needs to be held in order to be eligible.

Players have a chance to receive the following rewards:

Free bet games

The 10 best weekly players in terms of P&L are awarded a number of subsidized free bet games. The current distribution stands as follows:

Sorted Rank	Sorted Users	Sorted Avg. P&L	Free Bet Games
1	User 77	47.48%	10
2	User 13	39.05%	5
3	User 95	37.17%	3
4	User 78	35.7%	2
5	User 46	34.63%	2
6	User 6	34.39%	2
7	User 51	33.07%	1
8	User 53	32.04%	1
9	User 67	31.72%	1
10	User 71	31.32%	1

However, given the degen nature of the devs, we have decided to also reward those whose P&L in game is even worse that their P&L on dating apps.

96	User 60	-41.07%	5
97	User 57	-43.16%	5
98	User 18	-43.76%	5
99	User 9	-47.93%	5
100	User 80	-64.32%	5

Gold Seashells

Additionally, every week, 10% of all newly created Gold Seashells will be distributed among the Leaderboard winners and…the others. The top 10 and bottom 5 players of the leaderboard will be awarded a portion as follows:

Sorted Rank	Sorted Users	Sorted Avg. P&L	Free Bet Games	Gold Seashells % of 10% of Seashells minted the respective week
1	User 92	41.9%	10	30%
2	User 30	37.77%	5	10%
3	User 82	34.66%	3	7%
4	User 24	33.07%	2	2%
5	User 10	32.28%	2	2%
6	User 44	30%	2	2%
7	User 87	29.3%	1	2%
8	User 54	28.86%	1	1%
9	User 66	27.63%	1	1%
10	User 43	26.82%	1	1%

Same rule as with the free games, we also help our less than talented frens.

96	User 60	-41.07%	5	1%
97	User 57	-43.16%	5	1%
98	User 18	-43.76%	5	5%
99	User 9	-47.93%	5	5%
100	User 80	-64.32%	5	30%

$TIDE TGE Airdrop

Currently, players can participate in the upcoming $TIDE airdrop by playing Chart Surfer. While playing, players receive seashells which will translate into a $TIDE airdrop.

Silver Seashells are awarded in the free-to-play game mode and for social tasks and receive 15% of the $TIDE airdrop
Gold Seashells are awarded for wager game modes exclusively and receive 85% of the $TIDE airdrop

In Season 1, players will receive 8% of the total $TIDE supply as an airdrop.

Players can choose how to receive their $TIDE. The longer they lock their tokens, the bigger the benefits

Receive liquid $TIDE 1-to-1
Minimum lock: Receive $xTIDE locked for 2 weeks 1-to-1.05 and 5% seashell boost for Season 2
Maximum lock: $xTIDE locked for 20 weeks for a 25% $TIDE bonus and 20% seashell boost for Season 2

xTIDE Lock upon TGE
Lock	$TIDE Redeem Ratio	Seashell Boost	Weekly Raffle boost increase	nr of daily free bet games
Week 2	1.05	5%	x1.5	1
Week 3	1.06	5%	x1.5	1
Week 4	1.07	5%	x1.5	1
Week 5	1.08	5%	x1.5	1
Week 6	1.09	5%	x1.5	1
Week 7	1.11	5%	x1.5	1
Week 8	1.12	5%	x1.5	1
Week 9	1.13	5%	x1.5	1
Week 10	1.14	10%	x2	2
Week 11	1.15	10%	x2	2
Week 12	1.16	10%	x2	2
Week 13	1.17	10%	x2	2
Week 14	1.18	15%	x2	2
Week 15	1.19	15%	x2	2
Week 16	1.21	15%	x3	2
Week 17	1.22	15%	x3	2
Week 18	1.23	15%	x3	2
Week 19	1.24	15%	x3	2
Week 20	1.25	20%	x5	2