FINANCIO PROJECT - A DECENTRALIZED NETWORK WHICH EMPOWERS USERS WITH VARIOUS LUCRATIVE INCENTIVES
ABSTRACT
The digital finance industry has innovated a lot of platforms and functionalities for the cyber Community. As time went on, these platforms being centralized brought up a lot of issues.
When a platform or project is centralized, it simply means that it's governed or managed by sovereign figures, making problems such as intermediary interventions to be a problem.
Due to this, users in the digital society demanded a platform that provides transparency, lack of third-parties, authority to users and so on, the ecosystem decided to do some research, which then prompt the introduction to the Decentralized Finance (DeFi) Initiative.
A Decentralized Commercial ecosystem is basically a community refined system which provides and empowers users with financial services through smartcontracts. This system grants every individual benefits such as independence, Scalability, immutability and so much more. Financio project will facilitate the usage of this system in order to reel in more investors and individuals. The project ensure various Decentralized commerce solutions such as yield farming, lending, staking platform, token, and lottery solution placements.
FINANCIO PROJECT DESCRIPTION
Financio project is a Cryptocurrency marketplace which is based on the BSC (BEP20) and powered by the community refined smart contracts. Their vision is to make the Cryptocurrency to be part of every individual's portfolio.
Through the innovation of their lift token, the platform is going to establish an ecosystem which will be reel in more people into cyber assets, thereby allowing them to simply produce passive revenues via redistribution or reflection, while sustaining security, autonomy, authority and privacy.
Through the lift coin or cyber asset, they'll fully establish a platform refined by great monetary regulations with a solid and robus basis on decentralization. More features on the platform will be detailed over the course of the article.
STAKING MEDIUM
Financio project utilizes the Binance platform along with The PoA algorithm. The Binance network is one of the most prominent trading platform which also enables staking services, Through the usage of great security functionalities while providing users with secure asset funds. The platform uses a safe wallet along with a double- checking functionality in order to hold every staked token.
Financio project is quickly becoming a great system for earning passive revenues by keeping funds in a wallet. The project's staking network allows different investors to stake PoS coins and obtain rewards. The network enables users with the knowledge and skills while authenticating stakes on the user's behalf for a small portion of their staking based rewards, allowing them to obtain massive returns.
THE LIQUIDITY BASED POOL
Financio project makes sure that token operator's acquisitions are automatically taken and preserved for Liquidity. Firstly, the contractors obtain coins from user who sell & deposit them in the Liquidity pool after choosing a steady price. Secondly this operates as a barrier that prevents fluctuations in price in order to stabilize it.
FARMING FUNCTIONS
Various crypto holders may receive incentives or rewards for their farming expenses. For instance, those holders that invest in the system will gain a return on their individual investments in both trading and Transaction fees. Also, some individuals are rewarded for their governance token contributions.
FIN TOKEN DESCRIPTION
The token which is used on the Financio project for various transactions and payment expenses is denoted as "FIN" token. This FIN token, through the BSC, will enable quick and cheap transaction or transfer rates for all users affiliated with the network. The Tokenomics will be detailed below.
TOKENOMICS
Token Symbol - FIN
Total Token Supply - 20,000,000 units
Last public sale - 4,000,000 units
Price $ - 0.04$/ One FIN token
Blockchain network - Binance Chain
ICO soft- cap - 150,000 USD
ICO hard- cap - 600,000 USD
ROADMAP
In 2021:
Platform establishments
ICO sale commencements
Listing on Pancakeswap
Listing on Coingecko
Listing on Coinmarketcap
Partnership schemes
Marketing strategies
Distribution of tokens
In 2022:
Developement of Products
CONCLUSION
The Financio project will facilitate the DeFi system by employing a vast range of solution from yield based farming to lending solutions in order to incentivize users with various Decentralized means of obtaing funds or tokens. With more developement schemes planned out for the future, the platform shows great promise.
USEFUL LINKS:
Website : http://www.financio.io/
Whitepaper : https://www.financio.io/Whitepaper.pdf
Telegram : https://t.me/FinancioToken
Telegram Channel : https://t.me/FinancioTokenChannel
Twitter : https://twitter.com/FinancioToken
AUTHORS DETAILS
Bitcointalk username- Kakal
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2767315;sa=summary
Wallet: 0x09c09F509f1D366257f91bFfEb00174c7643CD77