♦️ATON

Introduction

ATON is the native ERC20 token of the Arenaton platform. It serves as the primary medium of exchange, enabling users to participate in sports betting, earn rewards, and benefit from the platform's commission structure.

Key Features

1. ERC20 Standard

ATON tokens adhere to the ERC20 standard, ensuring compatibility with a wide range of wallets, exchanges, and decentralized applications (dApps) on the Ethereum blockchain.

2. 1:1 Peg with ETH

ATON tokens are pegged 1:1 with ETH, meaning that for every ATON token, there is an equivalent value of ETH. This peg ensures that the value of ATON remains stable and directly tied to the value of ETH.

3. Commission Distribution

Arenaton collects a 2% commission on all stakes placed on the platform. 100% of this commission is distributed to ATON token holders, providing them with a continuous stream of passive income. The distribution is proportionate to the number of ATON tokens held.

Obtaining ATON

1. Winning or Drawing Events

The primary way to obtain ATON tokens is by winning or drawing in sports events. When a user places a successful bet, their winnings are paid out in ATON tokens.

2. Swapping

Users can swap their ATON tokens back to ETH at any time at a 1:1 ratio. However, the only way to obtain ATON tokens is by winning or drawing events; it is not possible to convert ETH directly into ATON.

Using ATON

1. Staking on Events

ATON tokens can be used to place bets on various sports events within the Arenaton platform. This involves staking ATON tokens on a chosen outcome, with potential rewards based on the event's results.

2. Receiving Commissions

As an ATON token holder, you will receive a share of the platform's commissions. These commissions accumulate in real-time and are distributed automatically, providing a steady stream of income based on your ATON holdings.

Transparency and Security

1. Blockchain Transparency

All transactions involving ATON tokens are recorded on the blockchain, ensuring complete transparency and security. This allows users to verify their transactions and the distribution of commissions.

2. Decentralized and Automated

The use of smart contracts automates the entire process of staking, winning, and commission distribution. This reduces the need for intermediaries and ensures timely and accurate payouts.

Conclusion

The ATON token is a crucial element of the Arenaton platform, facilitating fair and transparent sports betting. By participating in the platform and holding ATON tokens, users can enjoy the dual benefits of betting rewards and commission income, all within a secure and decentralized environment.