ICE FINANCE
One of the new concepts that has emerged is yield farming. It’s a new way to earn rewards with cryptocurrency holdings using permission less liquidity protocols. It allows anyone to earn passive income using the decentralized ecosystem of “money legos” built on Ethereum. In simple terms, it means locking up cryptocurrencies and getting rewards.
How does yield farming work?
Yield farming is closely related to a model called automated market maker (AMM). It typically involves liquidity providers (LPs) and liquidity pools. Let’s see how it works.
Liquidity providers deposit funds into a liquidity pool. This pool powers a marketplace where users can lend, borrow, or exchange tokens. The usage of these platforms incurs fees, which are then paid out to liquidity providers according to their share of the liquidity pool. This is the foundation of how an AMM works.
Of the yield farming platforms cropping up in recent times, Iceburg Finance is a unique platform that is not only decentralize but also user friendly and offer a high yield returns due to its deflationary farming protocol.
What is Iceburg Finance?
Iceburg Finance provides a deflationary yield farming protocol for a robust user friendly Defi experience. Users of our platform will experience zero-stress with automated DeFi farming for as long as they keep their ICE frozen. The platform is simple, honest as well as allowing developers to build on top of the platform.
Inspired by SushiSwap, Iceburg improves the various flaws of protocol. The idea behind Iceburg is not to be a Sushi clone but to add innovative improvement to Sushi.
Iceburg Finance Innovative Features
- Premine Distribution
Unlike Sushi, Iceburg is premined and distributed fairly to avoid one participant to hold too much or dumping by any of the holders. Additionally, some of the tokens are distributed to the community as bounty and airdrops.
2. Max Supply
Iceburg supply is limited to 10,000 ICE tokens. This is hard coded and no one can alter it.
3. Block Rewards
Icceburg block rewards are determined to be deflationary in nature. This is to help price stability and growth. Bonus block reward found in Sushi has been removed and replaced with much more deflationary block reward algorithm where the block rewards will be decreased by 5% on a weekly basis.
4. Locked Liquidity
The initial liquidity provided while listing on UniSwap will locked for one year. This will avoid dumping so investors should be rest assure they are investing in project with them in mind.
5. Glacier Ownership
Iceburg Finance ownership has been transferred to Glacier contract, so the development team cannot mint any tokens in the future.
Iceburg Tokenomics
- Token Name = iceburg.finance
- Token Symbol = ICE
- Token Type = Ethereum ERC20
- Total Supply = 10,000 ICE
- Premine = 2,200 ICE
- Rewards 60 ICE/day decreasing by 5% weekly
Premine Distribution
- Presale = 1800 ICE
- Uniswap Listing = 240 ICE (with liquidity locked for one year)
- Bounties/Airdrop/Marketing = 160 ICE
Presale & Listing Rates
- Presale Rate = 0.33 ETH / ICE
- Uniswap Listing Rate = 1 ETH / ICE
- Softcap = 100 ETH
- Hardcap = 600 ETH
Note : In case the hardcap is not reached, we will list 40% of the ETH raised. Furthermore, all unsold and unlisted tokens will be burned.
Conclusion
Iceburg Finance is the best crypto asset you can have in your portfolio at this period. Its high yield reward program is second to none and I encourage every smart person to buy this.
For more information, kindly click on the links below:
Website: https://iceburg.finance/
Medium: https://iceburgfinance.medium.com/
Telegram group: https://t.me/iceburgfinance
Twitter: https://twitter.com/iceburgfinance
Author BTT Username: ademicho123
Forum profile link: https://bitcointalk.org/index.php?action=profile;u=1249349
MY ETH ADDRESS : 0xF9F07C0B74680ce2E6742590DA05Ab0ee24bf696
