Betero Reports $4,102 Profit for December 2024

Betero reported April profits of **$635**, marking an 89% decline from the previous month's $5,627. Despite lower profits, the platform increased cashback rates significantly. **Key Metrics:** - Cashback rates: **4.75% to 18.98%** for golden tier (up from 1.65-6.59% in previous April) - Token burn: **387,438.80 BTE** total - Unclaimed cashback: 238,908.80 BTE - April allocation: 148,530 BTE **What's Next:** - Farm APYs will be adjusted - Cashback available to claim within three days - Users can increase cashback by holding more BTE tokens The platform continues its profit redistribution model, with tier-based cashback percentages. Non-platform BTE holders still benefit from staking rewards and token burning. Transaction details available on [BSCScan](https://bscscan.com/tx/0xb9d3dd5827bcd62f76c5ae5a47cce342a9ebbb9daf0a9ce296c0888febc97708).

Betero has submitted a DAO proposal to consolidate liquidity by removing the BTE-SOL pool and executing a multi-month buyback and burn program. **The Proposal:** - Withdraw liquidity from the BTE-SOL pool - Immediately burn all BTE tokens from the pool - Use retrieved SOL to buy back BTE from remaining pools over 1-3 months - Burn all purchased BTE tokens **Stated Rationale:** - Create deflationary pressure through dual burns - Provide sustained buying pressure across remaining pools - Consolidate trading volume into two pools - Aim to stabilize token price **Community Vote:** - Voting period: April 27 - May 4, 2026 (7 days) - Implementation contingent on community approval The proposal targets long-term holders and aims to strengthen the Betero ecosystem. The staggered buyback approach is designed to prevent short-term market volatility. [Read full proposal](https://medium.com/p/ebdd4ace8052?postPublishedType=initial)

Betero announced combined February-March results showing **$2,407.77 in profit**. **Key Updates:** - Cashback rates range from **10.75% to 43.02%** for golden tier holders - Farm APYs will be adjusted with cashback claimable in three days - **852,750.13 BTE tokens burned** total, including: - 265,490 BTE in unclaimed cashback - 587,260 BTE from Jan/Feb burn allocation **Token Burns Verified:** - [Unclaimed cashback burn](https://bscscan.com/tx/0x3ab14453b223d8fde512ee14ea33f184c47b1ffe61d0d0fe4c60a9e98cfd9122) - [Main burn transaction](https://bscscan.com/tx/0xec07cae0db74247fe1764a0a9cd3b5d334560d5b6e8628b38ef4b77f8d96c37a) Cashback percentages vary by premium tier holdings. Both platform users and non-user BTE holders benefit from staking rewards and token burning mechanisms.

Betero has launched its V3 platform with a redesigned VIP program and welcome bonuses. **Key Updates:** - New users receive $40 USDC credit to test the platform - Revamped VIP program with 11 tiers (Wood to Elite) - Rakeback system now offers up to 30% total returns - Rakeback split into four categories: Instant (25%), Daily (15%), Weekly (15%), Monthly (15%) - Level-up bonuses include cash, free spins, and real-world prizes - Welcome package includes 20% rakeback boost and up to 500 free spins - New Lucky Draw feature funded by 5% of platform rakeback **How It Works:** Users must create an account and email info@betero.io with their username or wallet address to claim the free balance. Bonus winnings can be withdrawn after completing a 40x wager requirement. The platform features games from providers including Pragmatic Play, Red Tiger, and NetEnt. Lucky Draw tickets are already being tracked for future prize pool events.

Web3 betting platform Betero has introduced a redesigned VIP loyalty program featuring 11 prestige tiers from Wood to Elite, offering up to 30% total rakeback for users. **Key Features:** - **Multi-tier rakeback structure**: Rewards split into Instant (25%), Daily (15%), Weekly (15%), and Monthly (15%) claimable balances - **Level-up bonuses**: Users receive cash, free spins, or real-world prizes when advancing tiers - **Welcome package**: New users get 20% rakeback boost and up to 500 free spins - **Lucky Draw system**: 5% of platform rakeback funds a prize pool, with tickets awarded automatically at each level-up The program builds on Betero's v3 platform launch from January, which introduced dollar-based betting amounts and automated deposits/withdrawals. Ticket tracking for the Lucky Draw is currently live, with drawing events scheduled for the near future. More information: [betero.app](https://betero.app)