Announcing Cup.Finance - NFT Marketplace with better liquidity
Introduction
Hundreds of DeFi projects are born every day, but they are completely unsustainable "liquiding mining" dapps. They face death at birth. These projects are doomed to fail because of their extremely bad token economics: a large number of new tokens are mined every day, and the market does not have enough funds to undertake. On the other hand, they did not reward long-term token holders and supporters, but gave away most of the tokens to whales and scientists for free, and the whales had no contribution other than selling a large number of tokens even without a "Farewell". Not only that, some of these projects were actually created by malicious teams. These teams manipulated the market or minted new tokens, and then dumped on the market to squeeze the liquidity of the tokens.
As you can see, the situation is now very scary, but with your help, we can change this. It's time to get together! It's time to stop investing in unverified code, unaudited code, or unfairly distributed projects. It's time to raise our standards and call for projects that focus on transparency, community and sustainability. It's time to pay attention to truly reliable token economics and deflationary tokens! Let's KICKOFF!
Features of Cup.Finance
1. Supports stable coin mining, now you can also mine with usdt and eth
2. 20% staking will be added into the liquidity pool on uniswap to ensure benefits of long-term supporters
3. 2-tier referral rewards
4. Stable rate of return guarantee: basic rate of return + dynamic rate of return
5. All contracts have been audited by the authoritative organization：https://www.lianantech.com/#/
6. NFT exchange has great potential and CUP has great value
7. Continuous mining, strong project sustainability, asset flow will drive asset appreciation.
BIG NEWS for NFT! - Cross-protocol interaction from ERC721 to ERC20
The market for non-fungible tokens (NFT) is very promising, but it is held back by an inefficient market structure. The uniqueness of a token allows trading a longer and more expensive method than trading a fungible token. Fungibility is what makes for stronger markets. Our thesis is that fractional ownership through fungible tokens is the right solution, That is to say, ERC721 tokens will be cut into "particles" through the form of mortgage custody and converted into ERC20 tokens to complete the interaction between the agreements. That's why we designed the Cup. Finance . the Platform where fractions for any NFT can be created and traded by anyone.
Cup.Finance issued a total of 3 tokens during the liquidity mining phase, and each token has its own unique role.
We found that every new project needs a lot of community consensus support during the cold start phase. Thank you SushiSwap for providing us with a good idea: liquidity migration and issuance of platform based token. Also, Inspired by the elimination tournament we have introduced 3 different tokens and 3 different liquidity mining phases to screen out long-term supporters of the project.
CUPI is a liquidity migration token and will be mined at group matches round. Token CUPI is used to exchange NFT assets issued by Cup.Finance, and when Cupnftswap goes online, you will enjoy the new form of NFT exchange.
1% of CUPI will be airdroped to communities, 9% held by Cup.Finance team, 10% for marketing, 30% will be added into liquidity pool gradually on Uniswap as the 20% unstaking fee is generated.
CUPII will be mined at semi-final round, only those who hold NFT assets issued by Cup.finance(exchanged through CUPI) can get chance to mine CUPII at this round, so as to eliminate speculators and gather long-term consensus among our communities.
In the finals round, when the platform based token CUP is mined, the NFT trading platform of Cup.Finance (Cupnftswap)will also be launched. CUP is also the payment method of entire marketplace.
Token Specification
Name: CUPI, CUPII, CUP
Network: Ethereum
Spec: ERC20
Precision: 18
Smart Contract Address:
Here
Token Allocation
CUPI: Total Supply (100%): 100,000,000
Airdrop to community (1%): 1,000,000 CUPI
Team (9%): 9,000,000 CUPI
Marketing (10%): 10,000,000 CUPI
Liquidity (30%): 30,000,000 CUPI (for 20% staking fee)
Mining (50%): 50,000,000 CUPI
CUPII: Total Supply (100%): 1,000,000
Mining (70%): 700,000 CUPII
NFT CUT rewards(10%): 100,000 CUPII
Marketing (10%): 100,000 CUPII
Team (10%): 100,000 CUPII
CUP: Total Supply (100%): 10,000 CUP
Mining (80%): 8,000 CUP
Team (20%): 2,000 CUP
As long as you participate in early mining, you can participate in governance. Major decisions are made by voting by the holders of the tokens. The proportion of each token is:
CUPI 30%
CUPII 30%
CUP 40%
Initially pools for CUPI rewards:
ETH POOL: 15,000,000 CUPI
USDT POOL: 15,000,000 CUPI
CUPI/USDT Uniswap V2 LP: 20,000,000 CUPI（FAST PASS）
Semi-final Round: Mine CUPII
Project participants need to provide liquidity for CUPII/USDT on Uniswap, and stake CUPII/USDT LP on
Cup.Finance to mine CUPII. You can also directly stake NFT assets on Cup.
Finance to get CUPII rewards.
NFT Pool: 350,000 CUPII
CUPII/USDT Uniswap V2 LP:350,000 CUPII (FAST PASS)
The total number of CUPII is only 1,000,000. Compared with CUPI, it has achieved 100 times deflation again. The winner's rewards of this round has been further improved.
Finals: Mine CUP
Congratulations, after continuous hard work you finally reached this round, the FINALS!
Only 1 token will be mined this round ---CUP.
CUP token is an ecosystem token launched by Cup.Finance marketplace, and will bring huge potential value to holders. Not only the amount (Only 10,000 CUP), but you can also use CUP on the existing NFT marketplace (after the end of this round of mining, Cup.Finance will Launch its own NFT marketplace) in exchange for a very rare number of Sports star cards, each of which is extremely rare and has a very high collection value!
Liquidity migration: 3,500 CUP
CUPII/USDT Uniswap V2 LP:1,000 CUP
CUP/USDT Uniswap V2 LP:3,500 CUP (FAST PASS)
Note:
There is a 20% fee to stake on Cup.Finance at Group Matches stage. The feature is designed to be an effective protection mechanismthat provides consistent liquidity for our staunch supporters since all 20% fee will be added inton liquidity pool on Uniswap automatically via smart contract and no one can remove the liquidity
For more infor visite us on:
AUTHOR
Bitcointalk Username: everlasting flower
Wallet address: 0x8c9c723F3483988d2c3420bbc67eb0F527EDfb8E
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