A FURTHER UPDATE TO THOREUM V2 TOKENOMICS https://twitter.com | Thunder Alliance Channel: ThunderCAKE | ThunderBNB | ThunderADA | ThunderETH
A FURTHER UPDATE TO THOREUM V2 TOKENOMICS
https://twitter.com/ThoreumFinance/status/1481587872150867970
Dear Thoreons,
To prepare Thoreum v2 for the next evolution to become a Defi 3.0 Venture Capital, and further benefit our longterm holders as the original spirit of Thoreum and differentiate us from $MVC, $MCC and other FaaS (Farming as a Service) tokens, the following changes will be made to tokenomics:
Stage 1
1. Each $Thoreumv2 Token represents a share in the profits of Thoreum Defi 3.0 Venture Capital. So owning a $Thoreumv2 is like owning a share in the Thoreum Fund. We do not need the 0.0x price range of meme coins anymore, we need people perceive a Thoreum as a share.
2. So Thoreum v2 swap rate to Thoreum v1 will be 1 Thorreum v2 = 100 Thoreum v1. The price of a Thoreum v2 will be at 100x the price of Thoreum v1 at the moment of upgrading, which is about ~1.1 USD / 1 Thoreumv2.
3. Thoreum v2 will rewards user in BUSD instead of Thoreum → in any crypto weather, bear or bull, our users are always benefited, they don't have to fear $BNB or $Thoreum price going down or up.
4. There will be a function that enable users to compound their BUSD rewards to Thoreum v2 tax free ( no 10-15% buy tax) → users are encouraged to compound the reflection in $Thoreum if they want.
5. A change in tokenomics to buy fee will be reduced to 10% while sell fee will be increased to 25%
Stage 2 ( this is still in the finalization so it will be announced later):
1. Upgrade Thoreum ITO to become a Launch pad platform to find the earliest opportunities to invest in.
2. Bring a new profit sharing model so the longer term the holders are the higher the benefit from Thoreum Capital's profit, not just through buyback & burn.
3. Bring Thoreum platform to Multi chains.
Read more: https://docs.thoreum.finance/others/thoreum-v2/upgrade-plan-to-v2
https://docs.thoreum.finance/others/thoreum-v2/tokenomics
