Saturday, December 26, 2020

Starter - Unleash the power of your NFT Assets

 


The crypto spaces have seen a lot of growth in the past few years with bitcoin, ethereum and other major cryptocurrencies seen adoption and a lot of use cases. Also, there is new incentive mechanisms and new ways of community building in the form of "yield farming" or "liquidity mining" that drove an

explosive adoption in a short time frame.

Other cryptocurrency use case is p2p lending. This segment has been growing tremendously and have over $85 billion of annual transaction volume, but there is still incredible opportunity for growth in this space.

Stater is building an open-source p2p lending platform for NFT assets that will offer users the option to leverage and unlock the value of their NFT assets without losing ownership.

 

The Starter Advantages

1)      Borrow by using your favourite NFT assets as collateral

Starter allows users of the platform to use their NFT assets as collateral for borrowing without the need to sell those assets. The platform provide value to previously latent capital, unlocking wealth within digital assets and providing a new source of money creation.

2)      Pool Lending

Pool lending is available for faster lending process with less friction. Lenders will have the option to commit liquidity in the Stater liquidity pool and they will receive daily rewards based on the total amount of payments made by borrowers and the % of liquidity owned from the total pool.

3)      Community owned & open-source

We believe that by leveraging blockchain technology, we can build an ecosystem that brings value to users and not the platform. Starter platform is Open Source, Community Governance

 And Liquidity Mining.

 

The Starter Ecosystem

There are five activities/participants in the Starter ecosystem namely; Borrowers, Lenders, Starter platform, Liquidation practices and Risk mitigation for lenders. The starter platform will mainly act as escrow where the borrower can submit his assets and lock it in smart contract. Borrowers list their NFTs on the platform by giving the loan details. They have options to borrow with one or multiple assets.

Lenders on the other hand, will review all the borrowers listed on the Starter platform and provide loans to the ones they find attractive. Liquidation Practices is when the lender have the option to receive assets the borrower pledge in a situation where the borrower could not repay the loan. With risk mitigation for Lenders, three key components help lenders properly asses and manage risk: asset value, LTV ratio and game/asset market data.

 

Token Utility

 

-          Lend and borrow with STTR

-          Stake STTR for lower fees on the Stater NFT lending platform

-          Vote for governance proposals and project updates.

 

Stater aims to bring DeFi into the NFT market by providing new ways for NFT asset owners

to leverage the value of their assets without losing ownership. Starter’s vision is a world where cryptocurrencies can be used as fiat is being used without any hassle.

 

 

For more information, kindly click on the links below:

Website: https://stater.co/

Whitepaper: https://drive.google.com/file/d/1m9FpIUrsCnkYsI1s5ltKPBO-sKaKJsAO/view?usp=sharing
Discord: 
https://discord.gg/hBGgjhe
Telegram: 
https://t.me/staterlending
Medium: 
https://medium.com/@staterco
Product Preview: 
https://youtu.be/Fcm-_v-50kE

Author BTT Username: ademicho123

Forum profile link: https://bitcointalk.org/index.php?action=profile;u=1249349

MY ETH ADDRESS : 0xF9F07C0B74680ce2E6742590DA05Ab0ee24bf696

 

 

Sunday, December 20, 2020

Flaming Farm -  a unique proprietary deflationary yield farming protocol

 

One of the new concepts that has emerged is yield farming. It’s a new way to earn rewards with cryptocurrency holdings using permission less liquidity protocols. It allows anyone to earn passive income using the decentralized ecosystem of “money legos” built on Ethereum. In simple terms, it means locking up cryptocurrencies and getting rewards.

How does yield farming work?

Yield farming is closely related to a model called automated market maker (AMM). It typically involves liquidity providers (LPs) and liquidity pools. Let’s see how it works.

Liquidity providers deposit funds into a liquidity pool. This pool powers a marketplace where users can lend, borrow, or exchange tokens. The usage of these platforms incurs fees, which are then paid out to liquidity providers according to their share of the liquidity pool. This is the foundation of how an AMM works.

Of the yield farming platforms cropping up in recent times, Flaming Farm is a unique platform that is not only decentralize but also user friendly and offer a high yield returns due to its deflationary farming protocol.

What is Flaming Farm?

Flaming Farm provides a deflationary yield farming protocol for a robust user friendly Defi experience. Users of our platform will experience zero-stress with automated DeFi farming. The platform is simple, honest as well as allowing developers to build on top of the platform. FFARM is a unique proprietary deflationary yield farming protocol. When investors join liquidity pools on Flaming Farm, they automatically enjoy the network’s burning system.

 Advantages of Flaming Farms

·       Easy to earn passive income

·       Low entry fees

·       Very simple to get started with DeFi Stakers

·       Rewards In Interest Rate will be higher than expected

·       Less lack of security, since everything is controlled by smart contracts.

 The Flaming Farm Solution

Flaming Farm introduces a deflationary protocol into the yield farming equation to help control inflation. Inflation is a serious concern in the market at this time. These issues arise from the fact that new tokens issue every time funds enter the pool.

First-generation platforms now realize that this method of monetary issuance leaves the market unbalanced. Yet, they have no way to correct the issue. When you combine this scenario with the market’s speculative nature, it’s easy to see the potential for runoff sales and token inflation.

Flaming Farm attempts to correct this issue in various ways. The system continuously monitors its liquidity pools and adjusts the circulating supply of FFARM tokens when it’s determined that it’s necessary to sure up prices. This system supports the ETH, USDT, and DAI pools at this time. Developers stated that the protocol begins with a 2.5% burn. From there, the system moves up according to the situation.

Token Details

Tokens premined:                                        10000

Name of Token:                                            FFARM

Cost of 1 token:                                            0.12 ETH to 0.16 ETH

Secured ways to purchase tokens:            Ethereum (ETH)

Total Hardcap:                                              900 ETH

Private Sale Hardcap:                                   300 ETH

Pre Sale Hardcap:                                         600 ETH

Listing price:                                                  0.2 eth

Burning rate in every transfer:                  Minimum is 2.5% and will be adjusted as supply increase.

Funds Allocation

Private sale reward         25%

Presale reward                 40%

Initial Uniswap liquidity 25%

Team                                 5%

Project development      5%


Flaming Farm is the best crypto asset you can have in your portfolio at this period. Its high yield reward program is second to none and I encourage every smart person to buy this.

For more information, kindly click on the links below:

Website: https://flamingfarm.org/

Telegram group: http://t.me/flamingfarm

Twitter: http://twitter.com/flamingfarm

Author BTT Username: ademicho123

Forum profile link: https://bitcointalk.org/index.php?action=profile;u=1249349

MY ETH ADDRESS : 0xF9F07C0B74680ce2E6742590DA05Ab0ee24bf696

Wednesday, December 16, 2020

YEARN FINANCE PLATINUM -THE BEST DEFI


 One of the new concepts that has emerged is yield farming. It’s a new way to earn rewards with cryptocurrency holdings using permission less liquidity protocols. It allows anyone to earn passive income using the decentralized ecosystem of “money legos” built on Ethereum. In simple terms, it means locking up cryptocurrencies and getting rewards.

How does yield farming work?

Yield farming is closely related to a model called automated market maker (AMM). It typically involves liquidity providers (LPs) and liquidity pools. Let’s see how it works.

Liquidity providers deposit funds into a liquidity pool. This pool powers a marketplace where users can lend, borrow, or exchange tokens. The usage of these platforms incurs fees, which are then paid out to liquidity providers according to their share of the liquidity pool. This is the foundation of how an AMM works.

Of the yield farming platforms cropping up in recent times, Yearn finance platinum is a unique platform that is not only decentralize but also user friendly and offer a high yield returns due to its deflationary farming protocol.

What is Yearn finance platinum?

Yearn finance platinum provides a deflationary yield farming protocol for a robust user friendly Defi experience. Users of our platform will experience zero-stress with automated DeFi farming for as long as they keep their token frozen. The platform is simple, honest as well as allowing developers to build on top of the platform.

Yearn finance platinum Innovative Features

1. Premine Distribution

Yearn Finance Platinum is premined and distributed fairly to avoid one participant to hold too much or dumping by any of the holders. Additionally, some of the tokens are distributed to the community as bounty and airdrops.

2. Max Supply

Yearn Finance Platinum supply is limited to 3,333 tokens. This is hard coded and no one can alter it.

3. Block Rewards

Yearn Finance Platinum rewards are determined to be deflationary in nature. This is to help price stability and growth. Bonus block reward found in Sushi has been removed and replaced with much more deflationary block reward algorithm where the block rewards will be decreased by 5% on a weekly basis.

4. Locked Liquidity

The initial liquidity provided and unused tokens will be locked for 36 months. This will avoid dumping so investors should be rest assure they are investing in project with them in mind.

5. No Team Token

Yearn finance platinum team has no token allocated to them hence their desire to make this project a success. This action shows the team has no interest in making personal gain from this project.

Tokenomics

§ Name: Yearn Finance Platinum

§ Symbol: YFPL

§ Token Blockchain: ERC — 20

§ Total Supply: 3333 YFPL

§ NO TEAM TOKENS

§ Starting price 1 YFPL token = 1 ETH

The Team

Image for post

1. Tokarev Sergey, CEO, Profession Forex trader and Crypto Adviser, Crypto Investor and Enthusiast since 2017. Location — Dubai, United Arab Emirates.

2. Vaclav Kadlek, DEVELOPER, CO-FOUNDER, Professional Programmer and Developer,

Location — Warsaw , Poland

Yearn Finance Platinum Road Map

For more information, kindly click on the links below:

Tg Group: https://t.me/yfplt

▪️Website: http://yfplat.finance

▪️Twitter: https://twitter.com/YearnPlatinum

▪️Discord: https://discord.com/channels/7784765114 … 1954731061

Author BTT Username: ademicho123

Forum profile link: https://bitcointalk.org/index.php?action=profile;u=1249349

MY ETH ADDRESS : 0xF9F07C0B74680ce2E6742590DA05Ab0ee24bf696

Starter - Unleash the power of your NFT Assets

  The crypto spaces have seen a lot of growth in the past few years with bitcoin, ethereum and other major cryptocurrencies seen adoption an...