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ninselid · 3 years

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KEYFUND | Earn KeyFund tokens while playing games

A common misconception with the heavy APY average is the subjectivity of the impermanent loss from staking an LP (liquidity provider) in a farming reward generator. With the explosion of DeFi we have seen too many new cryptocurrency prospectors get sucked into a high APY LP-farming trap, feeling hopeless as they are pushed out by earlier buyers with higher staking rewards. We’ve all been there, seeing those shiny 6 digit figures can be pretty damn tempting to jump in.

However, almost always the token suffers from the inevitable valuation bubble, which is then followed by the burst and the impending collapse of the price. This is why we have seen the mass adoption of static rewards, also known as reflection, a separate concept that seeks to eliminate the troubles caused by farming rewards.

AUTOMATIC LIQUIDITY POOL (LP)

Automatic LP is the secret sauce of KeyFund. Here we have a function that acts as a two-fold beneficial implementation for holders. First, the contract sucks up tokens from sellers and buyers alike, and adds them to the LP creating a solid price floor.

Second, the penalty acts as an arbitrage resistant mechanism that secures the volume of KeyFund as a reward for the holders. In theory, the added LP creates a stability from the supplied LP by adding the tax to the overall liquidity of the token, thus increasing the tokens overall LP and supporting the price floor of the token. This is different from the burn function of other reflection tokens which is only beneficial in the short term from the granted reduction of supply.

As the KeyFund token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for holders. The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there was no automatic LP function.

TOKENOMICS

AUTO BURN Sometimes burns matter; sometimes they don’t. A continuous burn on any one protocol can be nice in the early days, however, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual burn and the amounts can be advertised and tracked.

KeyFund aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of KeyFund burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.

KEYFUND TRANSACTION FEE KeyFund employs 3 simple functions: Reflection + LP acquisition + Burn In each trade + Dev Fee, the transaction is taxed a 5% Fee.

● 1% Goes to holders (instantly without fees) ● 2% Locked into liquidity forever(allows trading) ● 1% Spent on outreach to make us grow* ● 1% Directly burnt to dead address

ROADMAP ( 2021 – 2022 )

● Q3 – KeyFund launch (Permanent liquidity locked) ● Q3 – Burn unsold token ● Q3 – Listing on exchange ● Q3 – Smart contract audit ● Q3 – Listing on Coingecko and Coinmarketcap ● Q3 – KeySwap launch ● Q3 – Aggressive marketing ● Q3 – Further ecosystem development

Visit official website on KEYFUND Visit official social media: ▶ TELEGRAM ▶ TWITTER ▶ FACEBOOK ▶ ANN THREAD ▶ REDDIT

Written by: Ninsel

Bitcointalk profil link: https://bitcointalk.org/index.php?action=profile;u=2322006

BEP20 address: 0xaf3c0777A7EdB53331F58EeedFF72fc5967de068

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ninselid · 3 years

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Federal.money | First Global People Powered Central Bank

Introduction

A programmer purchased pizzas for 10,000 Bitcoin (-$30) in 2010. The exact order cost $82M in early 2018 — because of bitcoin's drastic change in price. Not much has changed between then and now when it comes to consumers ability to spend crypto, if anything, the incentive to spend crypto has gone down leading to a significant increase in BTC price.

The market research indicates that retailers and consumers are demanding the extension of the interest rates available to the crypto community in the real world. On the other hand, the current crypto-economy demand an outlet for the lending infrastructure beyond financial arbitrage for the financial savvy. Our expansion is from the lessons we learnt over a decade and our goal is to increase the purchasing power of cryptocurrency by providing buyers more and safer outlets to spend their acquired crypto holdings, which will further drive the variety of merchant integrations and expand the market adoption.

Protocol Architecture

The lack of universal adoption has staggered the growth of cryptocurrencies and decentralization. The Federal Money aims to overcome this through a collective stack of decentralized layer infrastructure and an existing network of channel partners. We have adopted a full-stack comprehensive infrastructure approach instead of the modular approach. One example from the past is that, in the early stages of the personal computers industry, IBM modularized two parts of the value chain — Operating system and Chip manufacturing, which led to two companies called Microsoft and Intel. Early modularization of value stack, when the industry is in its nascent stage, can chip value that cannot be estimated unless a certain stage of scale is achieved in the market. Also, the current crypto lending market and companies are not large enough in market size it makes them less reliable and low on support resources needed to create customer requirements, which has affected the speed of execution in the past. This full-stack will give us full control of our solution, value capture and pace with which we can expand our solution and traction.

Price Stable Currency FZERO will pave the way to global stable coins that are pegged to fiat currencies, arbitrary assets or baskets of goods while remaining completely decentralized. This will perform as our stable bridge between the fiat and the crypto world.

Tangible Incentive The protocol allows users to leverage from industry best interest rates for lending and borrowing. Users can benefit from lower borrow rates and higher deposit rates in a global consumer lending and borrowing platform.

We give users an opportunity to profit from such a transaction in the real world!

Fusion Layer - Checkout Integration Interface Our comprehensive yet flexible transaction settlement mechanism will enable merchants globally to accept a wide range of payment methods from fiat, crypto to crypto loans.

Fission Layer - Crypto Lending Layer The Federal Money offers a decentralized lending and borrowing platform that supports crypto-collateralized loans in Phase I. Users can lend or borrow on the platform based at attractive interest rates and make the purchase in variable check sizes. The limits of lending will be extended over multiple phases.

FZERO- Algorithmic Stable Coin Interface We will provide a robust price stable coin that will protect users and merchants from market olatlity and risk, thereby increasing crypto adoption through fiat.

Relativity Blockchain - Base Blockchain In phase 1, The Federal Money will be launched on a partner proof of stake base chain that authorizes transactions in real-time, incentivizes users without the need of intermediaries.

Elastic Finance Stack

● Liquidity

Special propose decentralized liquidity pools proposes a lending model which evolves from a pool-based approach.

● Lending Offering attractive interest rates through decentralized lending and borrowing platform that supports crypto-collateralized loans.

● Transaction A purchase-to-pay layer with eclectic payment methods varying from fiat, crypto to crypto loans for better transaction settlement.

● Interoperability A purchase-to-pay layer with eclectic payment methods varying from fiat, crypto to crypto loans for better transaction settlement.

Future Opportunity

Traditionally, retailers and their bank partners have been the primary sources of credit for their customers. The payment experience — albeit central to the journey — has long been neglected, with retailers choosing to outsource the responsibility to banks, due to its complexity. In the past few years, we have witnessed consumers moving from a cash economy to a cashless one, more so in retail. While there has been a growing appetite for crypto payments, it till lacks the much-needed momentum and awareness.

Retailers are beginning to develop strategies around integrating payments into their value proposition. With Federal Money, retailers will offer a diverse payment solution where the consumer can choose crypto as a payment mode.

We intend to tap into a massive growth opportunity through several partnerships, including channel partners and renowned brands. All said and done, our vision is to create a decentralized federal bank that makes regional fiat-erypto lending and payment convenient through the concept of tokenization.

Roadmap

➤ Jan 2020, Product Vision

➤ March 2020, Research Team

➤ November 2020, Federal.Money Whitepaper

➤ Jan 2021, ERC20 Smart Contract Development

➤ March 2021, Federal Decentralised Governance Protocol

➤ April 2021, Launch of website Version V0

➤ Onboard Main Chain Partner

➤ Token Generation Event (TGE)

➤ Liquidity Event (UniSwap & Balancer)

Visit official website on Federal.money

Visit official social media:

▶ TELEGRAM

▶ TWITTER

▶ FACEBOOK

Written by: Ninsel

Bitcointalk profil link: https://bitcointalk.org/index.php?action=profile;u=2322006

ERC20 address: 0xCf89247dA1cAAfb84E4D181D7a8b6817cC32Ad36

#federal money #fstar #fdrl #cryptocurrency #blockchain #fzero #rewards

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