Post
Topic
Board Altcoin Discussion
I am amazed by its idea!!!
by
moonboyme
on 25/11/2020, 16:32:28 UTC
1. What is Dividendz Finance?
Dividendz Finance is an innovative open-source DeFi aggregator. It for the first time in DeFi history combines together yield farming and dividend sharing. Dividendz Finance not only enables all crypto investors to benefit from the best and latest farming strategies to maximize their profits, but also share protocol dividends with its users, which ensures that every farmed token is backed with real assets.

2. How is Dividendz Finance different from other YFxxx?
Instead of rewarding token holders with more platform tokens, Dividendz Finance share 60% of its protocol revenue to all DIFI stakers. That is to say, by simply stake your farmed DIFI, you will be able to receive assets like DAI, WETH, WBTC, yCRV, and so on every 72 hours. You can then unstake and sell your DIFI at any time you want.

3. What is the total supply of DIFI and is it deflationary?
The total supply of DIFI is fixed at 1,000,000. And yes, DIFI is deflationary with the approaches below:
A 5% entry fee in DIFI will be charged when a user tries to stake for dividends. This part of DIFI will collected and burned every 72 hours.
A 10% exit fee in DIFI will be charge when a user tries to unstake their DIFI tokens. This part of DIFI will collected and burned every 72 hours.
Dividendz Finance will use 20% of the protocol revenue to buy back DIFI tokens from the open market monthly and burn those purchased tokens via a smart contract.

4. How is Dividendz Finance going to reduce sell pressure upon launch / Uniswap listing?
50% of the ETH raised from presale will be injected to the initial dividend pool to share with all DIFI holders. In this case, if many people decided to sell their DIFI from presale, then the remaining few would be able to split the considerable dividends. Therefore, the best choices for all DIFI holders is to stake as long as possible then sell when the time is right.

TG:https://t.me/dividendzfinance