Hello everyone, How are you? my name is Coinlotre… Here I will inform you by writing an article to introduce a very unique new project called KEYFUND. so for that, have a look at the article I created below to give you a very good overview of the project, then What benefits do they provide to everyone? Just go to the discussion below.
Keyfund Protocol WhitePaper
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.
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
Read more keyfund
Website : https://key.fund/
whitepapper : https://key.fund/whitepaper/
Follow us on Medium : https://medium.com/@Key_Fund
Follow us on Reddit : https://www.reddit.com/r/KeyFund
Join Telegram Official Group — https://t.me/Key_Fund
Join Telegram Bounty Group — https://t.me/joinchat/WQU3EHQe_FtkMmJh
Posting Komentar