> For the complete documentation index, see [llms.txt](https://bitstakeio.gitbook.io/bitstake-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bitstakeio.gitbook.io/bitstake-docs/bitstake-coin-bsc/quickstart-1.md).

# Tokenomics & Future Transition

**🎰 BitStake Tokens (BST) & Future $BSC Integration**

BitStake operates with **BitStake Tokens (BST)** as its primary **in-casino currency**, allowing players to wager, earn rewards, participate in the lottery, and unlock VIP benefits. In the future, we will introduce $BSC (BitStake Coin) as the official cryptocurrency of the platform.

To ensure a smooth transition, both BST and $BSC will coexist in users’ wallets, allowing players to freely manage their balances, convert between the two, or continue using BST within the casino.

***

### **🟡 Phase 1: Current System – BitStake Tokens (BST)**

🚀 **BST is the official in-casino gambling token**, used for:

✔ Placing wagers on games (slots, live casino, and in-house games).\
✔ Earning rakeback & cashback based on VIP status.\
✔ Opening cases to win CS skins, game assets, and exclusive rewards.\
✔ Entering the lottery and jackpot system for bigger prizes.\
✔ Ranking up in the VIP program for better perks.

BST becomes an internal, non-withdrawable currency, ensuring a rewarding gaming experience for all players. To withdraw funds, players must first convert BST to $BSC, as only $BSC is eligible for withdrawals.

***

### **🟠 Phase 2: Introducing $BSC (Hybrid System)**

🚀 **Key Change: $BSC is introduced as a tradable, withdrawable cryptocurrency, while BST remains the in-casino credit.**

✔ Both BST & $BSC will be stored in user wallets, allowing players to manage their balance freely.\
✔ Players can choose to convert BST into $BSC or keep their BST for in-casino use.\
✔ $BSC enables staking, exclusive rewards, and trading outside the platform.\
✔ VIP benefits and rakeback rates improve with $BSC holdings.

🔄 **How the Conversion Works:**

* Players can exchange BST into $BSC at a fixed or dynamic rate based on availability.
* Higher VIP ranks unlock better conversion bonuses.

**Example:**

* 10,000 BST → 1 $BSC (Base Rate).
* Diamond VIP players get an additional 10% bonus when converting BST to $BSC.

***

### **🟢 Phase 3: Full $BSC Integration (Final Transition)**

🚀 **Key Change: $BSC becomes the main currency, but BST remains as an in-casino balance option.**

✔ Players can continue using BST within the casino, while $BSC will be required for staking, external transactions, and trading.\
✔ BST will no longer be convertible to $BSC, but players who hold BST will still be able to wager and earn rewards.\
✔ All rakeback, cashback, and lottery entries will be linked to $BSC holdings.\
✔ Users can withdraw, buy, and trade $BSC on external exchanges.

***

### **🔹 Why This System Benefits Players**

✔ **Flexibility** – Users can hold both BST and $BSC, choosing when to convert.\
✔ **Non-deposit** players can continue earning and using BST.\
✔ **Seamless Transition** – No immediate change for existing players, both tokens can coexist.\
✔ **$BSC** creates real-world value, while BST remains a convenient in-casino credit.\
✔ **VIP players** benefit from enhanced conversions, better rewards, and exclusive staking perks.

***

### **🚀 The Future of BitStake Tokens (BST) & $BSC**

BST will always remain a core part of BitStake’s casino, while $BSC will serve as the official cryptocurrency for those looking to stake, trade, and earn passive rewards.

🎲 **Start playing with BST now, build your rewards, and be ready to transition into $BSC.**

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