The Wasabi World
Wasabi turns the casino’s house edge into a collective model. A dual token, a bankroll anyone can back, and games anyone can host — so players and backers share in what the platform earns.
Wasabi in simple terms
Four things make up the whole platform.
Gamble with 100% transparency
Provably fair play, with player incentives pointed at the same revenue the protocol earns.
WT & BT token loop
Your bets turn into a share of the house, and then into dollars.
Host a game
You can be the house. Open private or public tables with your own rules and limits.
Where platform revenue goes
A fixed, published split of net gaming revenue. Nothing here is discretionary.
Paid monthly in USDC to staked WT.
Runs the platform.
Paid to whoever backs the bankroll.
Buys WT back from the market, weekly.
WT
WT — take part in the house
A hard cap of 100,000,000 tokens. About 40% of platform revenue goes straight to WT holders, paid monthly in USDC.
- USDC yield. Stakers collect a cash dividend every month.
- Bankroll leverage. Staking WT raises how much you may put into the bankroll pool.
- Redemption floor. Redeemable any time against the 17.6% cash reserve; redeemed WT is retired.
- BT booster. Holding WT can double your share weight in the weekly BT conversion.
How to get WT
Play to earn
Wagering generates BT in real time, and BT converts to WT every week out of that week’s pool.
Buy
You can buy WT on the secondary market.
Airdrops, tournaments, tips
Win WT in airdrops and tournament prizes, or receive it as a tip from other players.
Go deeper
BT
BT — your wagering is value
Minted in real time on every wager, from the house edge you pay — win or lose. It has no floor price and expires twelve months after it is minted.
- Cash it in. Convert BT into WT each week from the 8.8%% buyback pool.
- Play BT tables. Bet BT to win more of it; a single win is capped at 1%% of everything in circulation.
- Spend it. Tournaments, promotions, items and collectibles.
- Tip it. Send BT to another player; it keeps its original expiry date.
Go deeper
Back the bankroll
Unlike staking WT, bankroll backers act as the casino’s liquidity. You fund player outcomes in USDC and take the house edge on real volume.
What the pool returns
40,000 simulated paths at base-plan month-24 revenue. Yield falls as the pool grows, because the same revenue is shared more widely.
| Pool size | Player capacity | Expected yield | Worst drawdown | Loss odds |
|---|---|---|---|---|
| $1.53M | $1.07M | 40.0% | 9.2% | 0.0% |
| $3.07M target | $2.15M | 20.0% | 9.3% | 0.0% |
| $6.13M | $4.29M | 10.0% | 8.9% | 0.4% |
Every pool publishes a signed epoch chain and per-account Merkle proofs of liabilities, so the yield is verifiable rather than asserted.
Model Simulator
Nothing here is a black box. The whole valuation runs on four numbers you can argue with: how much the casino earns, what yield a buyer demands, how much supply gets staked, and how the revenue is split. Move them.
Reference base plan · modelled price $0.0713 · redemption price $0.0078 · 2.30× entry
What the model does, and how far to trust itmethod
The supply curve is exact: it is the six allocation schedules added up, and it reproduces every published circulating-supply figure to the decimal. Revenue is the base-plan ramp, scaled by your month-24 input. Everything else is the formulas printed in sections 04, 05, 06 and 08, applied month by month.
It lands within about 3% of the full monthly model — same month-12 trough, same month-24 redemption price, same BT figures, a point or two low on the late modelled price. Use it to test how sensitive the case is to each assumption, not as a quote.
The direction worth noticing: higher staking participation supports a lower price, because the same pool of dollars is shared more widely. And raising the holder share has to come out of operations — the other four claims are fixed.
Host your game
Host your own game
Set up custom tables, define private or public limits, and operate as the house with no infrastructure of your own.
Open Host Pots →Create your game
Open a pot and pick the format.
Set the rules
You decide the stakes, the edge, and who is allowed in.
Roll
Invite your players and run it. 100%% your game, your rules.
