Megabsc Finance : Building a hybrid alliance strategy to optimize the BSC

Introduction

Megabsc is a designed to build a hybrid alliance with the Binance Smart Chain for the optimisation of the Defi strategies. The project is managed by a team of experts that are experienced in blockchain development and technology, in partnership with financial institutions that build products that are strategic in the Binance Smart Chain. The community has a goal of assisting it's users to enjoy automated pools and yielded opportunities.

The Megabsc platform is controlled by a cryptocurrency referred to as MEG token. It is a BEP-20 token built on the Binance Smart Chain network. The management will supply MEG tokens for the project.

Measures will be adopted by the management to control the availability of the tokens in the market in order to protect its price values. This will be achieved by reducing the amount of per block MEG, incentising people to provide liquidity and burning of the excess MEG tokens regularly.

Megabsc Exchange

This is a platform for trading cryptocurrency. It enhances trading of traditional currencies for cryptocurrencies or migration of cryptocurrency from one blockchain platform to another.

A fee of 0.2% is charged on every token trading on the Megabsc Exchange. The fee is appropriated as follows:

0.17% is retained in the LP for rewarding the liquidity providers.
0.03% is sent to the treasury fund for development activities.

Megabsc Farming

This is an automated money making machine of the megabsc community. It is s a liquidity pool where users can deposit tokens for farming to earn great benefits. It's features include:

Payment of incentive rewards with the tokens of partner platforms featured in the community.
Payment of reward incentive with Meg token for members that have leverage positions.
Low trading fees.
Reward incentives for yield farming.

Staking

This is a process of depositing Meg tokens in the LP and locking it up in the pool for sometime in order to prove staking transactions on the blockchain. This has a great reward for the participants in the program. It is a great alternative to the present low interest yielded environment. Investors can stake MEG tokens to earn new tokens. The rewards are calculated in blocks. The stakes and earnings can be withdrawn at any willing time.

Megabsc Referral

This is a program designed to reward users for their participation in the growth and development of the community through the invitation of their friends, colleagues and family members to the community. Users can get rewarded in the referral program through farms and launchpools. A 2% reward is given to the user from the earnings of the invited friends. The reward will be visible and ready for withdrawal whenever the referred friend want to withdraw Meg tokens to the wallet.

Leveraged Yield Farming

This is a process of giving special rewards, in the form of other tokens to farmers who provide liquidity to a certain liquidity pool on the AMM protocol such as Pancakeswap. This reward is in addition to share of trading fees which is normally given to providers of liquidity in the AMM.

This program will allow users to build their wealth by having more investment in the farm yield. Thus, leveraging their farming positions.

Megabsc Launchpad

This is a platform established in the community to enable users launch their projects in a hybrid pool on the BSC Network. It helps to protect the investors by providing best scrutinised projects for them to select from.

Roadmap

This is a list of activities and programs that will be implemented to actualise the Megabsc project. It includes:

Creation of Full Site Rework, homepage, personal dashboard, improved UX, navigation system and mobile friendly sites.

Launching of MEG core farming and Staking pools and fixed term staking.

IFO (Initial Farm Offering): Raise funds for your project in MEG-BNB LP tokens. After redeeming the LP tokens, the BNB is distributed to the project and the MEG is burned.

Establishment of other products like NFT ecosystem - NFT gamification, lending and borrowing platform, Margin token trading, customized user profile.

Voting (core feature)

IFO (Initial Farm Offering): Raise funds for your project in MEG-BNB LP tokens. After redeeming the LP tokens, the BNB is distributed to the project and the MEG is burned.

Project Links;
https://t.me/MegaBSCFinance
https://twitter.com/bsc_mega
https://www.facebook.com/MegaBsc-106654941690338
https://www.reddit.com/user/MEGABSC
https://medium.com/@megabsc.finance
https://www.youtube.com/channel/UCLIXVyrOA_JeuYiOVI_pvig
https://github.com/megabsc
https://bitcointalk.org/index.php?action=profile;u=3354307

Writer Details:
Bitcointalk Username: Chikpe
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2850826
Prove of Authentication: https://bitcointalk.org/index.php?topic=5356393.msg57821252#msg57821252
BSC Wallet Address: 0x41eC5aA60478D91FcFB2883f80756471575E78AE