STAKD.finance Pillars
STAKD.finance Ecosystem
Buyback and Burn mechanism (“BaB”) will be the core component of the STAKD ecosystem. All products will have BaB mechanisms implemented. Let’s look at our core features and what kind of an impact they will have on the token circulation.
Yield Farming — sFARMS
Yield farming, also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards. — Binance Academy
STAKD doesn’t want to be another project with high APY farming and no meaning by adding a proper structure and deflation into creation of the pools. STAKD plans to open with 3 native pools and have 7 major BSC pairs that you can acquire a token with. On the native side there will not be any fee to farm and the %APY will be the highest of all pools. On the BSC pairs for example $CAKE/$BNB pair we will implement the 2% developer tax.
Developer tax will divide into two equal parts. One part will be used for buyback and burn (BaB mechanism) from $STAKD tokens on the market and second part will go into developer and partner fund.
For example at 10 million TVL in non native pools there will be 150.000 bUSD going into market buying of $STAKD tokens.
STAKD Rebase Mechanism — sBASED
sBASED is based on the concept of creating an elastic supply token. With AMPL being the first mover and the market and also the biggest elastic currency out there, the sBASED aims to be even better and fairer to the community.
What sBASED will take from other elastic currencies is a rebase model. The unique proposition is a two way rebase which is soft pegged to the PancakeSwap Total Value locked and 24-hour volume of crypto market cap. We are adding an extra factor to the rebase which is now tied to two different variables. Price of the token will thus play no value in the rebase process. To prevent death rebase spiral we will implement the following failsafe: In case three negative rebases happen the 4th rebase will always be positive 4% rebase.
An elastic supply (or rebase) token works in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token. — Binance Academy
Launchpad — stakdSTARTER
As there is a plan to create a whole STAKD ecosystem we will also create a Launchpad on the model of successful Ethereum projects and applicate it on the Binance Smart Chain. As the token raises are happening everyday there is really a lot of information that binance community needs to digest. Holding $STAKD tokens will give you a ticket to token sales that will be verified by STAKD technologies research.
StakdSTARTER will act as the final bridge between early-stage projects and the community before the project goes fully public. If a project is making an offering on the stakdSTARTER platform, it’s most likely the final stage before listing on Pancakeswap.
There will be additional benefit for the whole $STAKD ecosystem and this will be 20% RAISE TAX that will be used to market buy native tokens and burn them. (BaB mechanism)
We are pleased to say that we already have two projects that we are already working with and their raises will happen in the next two months.
Governance — stakdDAO
Governance — stakdDAO will be a key of $STAKD ecosystem. With all things having an effect on the token and it’s token price we plan to give enough power to STAKD community in making decisions that will shape the future of the project. We are expecting to give community power on voting examples: new Launchpad projects, adding additional pools to sFARMS, changing %APY on specific farms and more.
Governance tokens are tokens that developers create to allow token holders to help shape the future of a protocol. Governance token holders can influence decisions concerning the project such as proposing or deciding on new feature proposals and even changing the governance system itself. — CoinMarketCap
Powerful DeFi ecosystem on Binance Smart Chain that wants to revolutionize the DeFi sector on BSC by providing all in one solution for everyone. We are aiming to create a solid competitor to Ethereum DeFi projects and want to be an integral part of BSC Ecosystem.
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