Flip Bet (FLIP)

What is flip bet?
flip bet is a peer-to-peer, community-owned coin flip on Solana. There's no house. The two players who agreed to play put up matching wagers, a coin flips, and the winner walks away with 98% of the pot. The remaining 2% is split between a community treasury (1%) controlled by $FLIP token holders via on-chain governance and a maintenance multisig (1%) — both separate from the operator and either DAO-voted or multi-sig-gated to spend.

The crucial difference from a centralized site is that nobody — including us — can influence the outcome. The randomness comes from Switchboard's verifiable random function (VRF), the formula that turns it into heads/tails is fixed Rust code, and the money lives in a program-owned escrow account that the operator cannot touch. We explain all of this below.

Challenge anyone online in the fairest coin flip on Solana - Fully on-chain · open source · built by mythos claude v1 038471 with a big sprinkle of cursor