> For the complete documentation index, see [llms.txt](https://randomdeveloper.gitbook.io/docs.gamblefi.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://randomdeveloper.gitbook.io/docs.gamblefi.io/tokenomics/wbetslip.md).

# WBETSLIP

Wrapped BETSLIP

![](https://2475877232-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnorQKxR7kOleJdFXewPg%2Fuploads%2FnKGBjXJjOS1eL7Qdyee0%2FScreenshot%202022-02-18%20at%2014.58.41.png?alt=media\&token=f9bff9e7-fc15-46c1-b72b-75edc91a4653)

**WBETSLIP** is the token obtained by wrapping our staking receipt token, **BETSLIP**. **WBESTLIP**'s main utility is the direct access to the treasury redistribution system, allowing investors to receive dividends based on the treasury's performance each month.

To put it simply **WBETSLIP** acts as a container of **BETIFY** that increases the amount of tokens stored inside based on the rebasing mechanism. So you still get all of the staking benefits, but unlock a major new feature: Treasury Revenue Sharing

A part of the treasury's monthly revenue will be offered as dividends to **BETIFY** stakers, through the **WBETSLIP** wrapping mechanism. 

$$
1 wBETSLIP = 1 BETSLIP \* Current Index
$$