Post
Topic
Board Tokens (Altcoins)
Merits 1 from 1 user
Re: [ANN] SmartFi 🚀 EARN, LEND & TRADE CRYPTO 🚀A DIGITAL WEALTH CREATION PLATFORM
by
irfan_pak10
on 29/09/2021, 14:23:18 UTC
⭐ Merited by nimogsm (1)
someone please answer my question , until when all sales will end ? I can't find the exact time on SmartFi's official website, do they all have to be sold without any left, or is there a time and tokens that are not sold will be burned?
I see there's no burning, the token sale event is continuing. As I read in their whitepaper, this token sale event is very different from typical token sale.
This is one of the reason they do such thing "The continuing token sale process is designed to maintain a  balance between the market demand for loans and tokens sold in a predetermined tranche and price"

It is totally different model from any other token sale. When users buy SMTF they are funding loan demand (money raised is not spent - it stays in the system - that’s why the token sale is ongoing as long as demand for loans is there -  price goes up with more tokens sold because it supports business model to expand.

Tokens can be traded on SmartFi and atomic DEX. And they will open SmartFi DEX soon