Introduction:
Vesta Protocol is a liquidity passive income generation protocol which aims to improve the ROI for each liquidity maker.
It encourages liquidity makers to increase liquidity via UniSwap by locking their liquidity.

UniSwap Pros & Cons:

Pros:

• All transactions are conducted on smart contract, so no custodian required.
• Liquidity providers earn trading fees.
• 0 listing fees.

Cons:

• Less than 10% annual ROI for liquidity makers.
• Some scam projects have appeared.
• Many projects lack liquidity makers.

Vesta Protocol Liquidity Contribution Mechanism

• 5% ETH will be withdrawn from UniSwap Pool each day.
• Corresponding amount of $Vesta will be transferred to 0X000000 (To be updated) and burned.
• The ETH withdrawn from the UniSwap Pool is distributed to the addresses of the Top-50 liquidity contributors.

External Liquidity Algorithm

An automatic trading algorithm will permanently hold 8% of all $Vesta. This mechanism will work to automatically counteract adverse price swings.

• When the price becomes too high, $Vesta will be sold to buy ETH (Amount sold per day not to exceed 0.08% of total amount).
• When the price falls too low, $Vesta will be purchased from the market with ETH.

Expandability

A majority of ERC20 tokens currently trading face liquidity issues caused by low trading volumes. With Ethereum 2.0 on its way, a better liquidity solution
will be required. Vesta Protocol is an experiment that will generate passive income for providing trading liquidity. We can provide this solution to more
ERC20 tokens using a smart contract solution and acting as an valuable administrative liquidity partner.
Requirements for projects to utilize our smart contract for generating passive income from providing liquidity:

• A minimum of 1,000 token holders (by address).
• A minimum of 2,200 on-chain transactions.
• The project team must hold at least 10,000 $Vesta.
• Accept 3-5% ETH pool liquidity passive income mechanism

Vesta Presale
Vesta Protocol will provide UniSwap initial trading pair liquidity by way of a presale. This presale will be conducted exclusively via the presale address.

Token Issue
$Vesta is proof of community membership. $Vesta is created by Vesta Protocol, which does not belong to any team or individual, with all final decisions resting with the community.


Vesta Distribution Plan

• 40% Presale
• 20% UniSwap
• 8% External Liquidity Algorithm
• 25% Team (locked, released 0.25%/day)
• 7% Bounty

Any portion not distributed will be transferred to 0x000000 and the record of such transfer will be made publicly.

Presale Rules

• The presale will end after 18,000 blocks have been created. - The cap is set at 3,000 ETH
• The hard cap is set at 3,000 ETH
• The soft cap is set at 500 ETH
• Minimum:0.01ETH
• Maximum:100ETH + 0.1% * ETH presale amount - Once the first 500 ETH worth of $Vesta is sold in the presale, each subsequent 1 ETH contributed in the next 500 ETH receives 1,000 less $Vesta, and so on

Sold Price
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0 ETH 1 ETH = 50,000 Vesta
500 ETH 1 ETH = 49,000 Vesta
1,000 ETH 1 ETH = 48,000 Vesta
1,500 ETH 1 ETH = 47,000 Vesta
2,000 ETH 1 ETH = 46,000 Vesta
2,500 ETH 1 ETH = 45,000 Vesta
3,000 ETH 1 ETH = 44,000 Vesta

Presale Stage

1. The price is set for the first phase of the presale, with all subsequent stages
using higher and higher prices, thereby rewarding more those who participate
earlier.
2. Presale will start at a predetermined block height.
3. Presale timer will be set to a certain block height and will be adjusted based on the ETH raised in the presale.
4. Presale timer will be set to 18,000 blocks.
5. For every 100 ETH raised, the presale timer will be extended by 2,400 blocks. Once the presale reaches 500 ETH sold, the presale timer will be extended by 2,400 blocks for each additional 500 ETH raised.
6. The presale ends once the countdown timer hits zero.
7. Once the presale has ended, $Vesta and ETH will be distributed based on the token distribution plan (Explained below), and the liquidity will be locked on UniSwap.
8. The first 20% of the presale $Vesta tokens will be distributed at 14,000 blocks after presale, the next 30% will be distributed at 21,600 blocks after presale, and the remaining 50% will be distributed at 28,800 blocks after presale.

UniSwap Price Setting
UNISWAP_Ether = 0.5 x Presale Amount
UNISWAP_Vesta = 0.3 x Presale Amount

ETH Distribution Plan
50% UniSwap
20% Team Expenses
12% Promotions
8% External Liquidity Algorithm
4% Licensing Fees(Team)
6% Exchange Listing Fees