Wagering

Wagering System Overview The wagering system in Galactic Ratz introduces a competitive edge to gameplay, allowing players to stake tokens in battles and earn rewards based on skill and performance. Designed to enhance engagement and token utility, the system offers fair, transparent, and scalable mechanics for players of all skill levels. Key Features

Token Staking for Battles • Players or teams can stake a predefined amount of tokens before starting a match. • Tokens are securely locked in a smart contract, guaranteeing fair handling until the battle concludes.

Reward Distribution • The winning player or team receives the majority of the staked tokens as their reward. • A small percentage (e.g., 5%) is allocated to ecosystem growth through token burns or rewards, ensuring long-term platform sustainability.

Dynamic Wagering Options • Players can select from multiple wagering tiers, catering to varying levels of risk tolerance and skill. • Higher tiers offer more substantial rewards but require larger stakes, creating opportunities for high-stakes battles.

Skill-Based Outcomes • Wagering outcomes are entirely performance-based, determined by gameplay metrics such as score, damage dealt, and objectives completed. • There are no elements of chance, ensuring fairness and transparency for all participants.

Spectator Betting (Future Feature) • Non-participating players will have the opportunity to bet on their favorite players or teams. • This feature enhances community involvement and provides additional utility for tokens within the ecosystem. How It Works Step 1: Initiating a Wager • Players or teams agree on a wagering tier and stake the required tokens. • Tokens are transferred to a smart contract, ensuring a secure and tamper-proof process. Step 2: Battle Mechanics • The match begins under standard Galactic Ratz PvP or Team v Team rules. • Players compete using their in-game assets, including NFTs, characters, weapons, and other items. Step 3: Determining Winners • At the end of the match, the smart contract evaluates the gameplay performance of each participant based on predefined metrics (e.g., damage dealt, score, objectives completed). • Rewards are automatically distributed to the winner(s) according to the staked tokens and the preset reward-sharing structure.