2021-07-14 15:25:45
ProjectKeyFund
DescriptionAutomatic 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.
Dates12.07.2021 - 08.08.2021
Campaign Budget1M KEY.
Budget allocationYouTube: 15%; Blog (Medium, Reddit, Others): 15%, Twitter: 20%, Facebook: 10%, Reddit: 10%, Telegram: 5%, Translation: 5%, Signature: 20%.
KeyFund (bounty programm)
More campaign on our portal - Bounty.cool
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