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Showing 5 of 5 results by situshar
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Board Tokens (Altcoins)
Re: [ANN] Totem - platform for trading of DeFi and derivatives
by
situshar
on 20/11/2020, 08:38:00 UTC

69%, to reward users for participating in liquidity mining on the Totem platform.

I still wonder how in this case the team will be able to maintain the high price of the token

I also think this is quite strange !
and let's see how the project will develop further . I'm sure the team has a plan in place to provide liquidity
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Totem - platform for trading of DeFi and derivatives
by
situshar
on 19/11/2020, 03:27:17 UTC

Hello! 👋🏻 In this post, we will tell you about Totem liquidity mining.

📌 Liquidity shows how quickly it is possible to buy or sell a certain asset on the market at the optimal price for it. Liquidity is essential for any asset traded, including cryptocurrency. Liquid markets are more extensive, while an illiquid market can put traders in positions that are difficult to exit.

❓ What is liquidity mining?

📌 Liquidity mining is a mechanism used to initiate liquidity. Typically, this means that DeFi users interact with the protocol and receive their own tokens of that protocol.

❓ How does it work in Totem?

🔹 Users are rewarded with Totem platform tokens for offering their assets to the market. Without the intervention of arbitrageurs, the Totem platform does not automatically change prices when external prices change.

🔹 Profit of external arbitrageurs from spreads between the platform and external exchange. Users provide liquidity to the platform and the deposit spread is lost.

🔹 Users suffer the loss of the asset price and lock up the liquidity of the token, yet they gain profits. In addition to commissions for sharing the platform and interest, they can also sell the tokens rewarded by the platform for more profits.

🏆 Thus, thanks to liquidity mining, users can be confident in their investments in our token, while having the opportunity to earn not only due to the rise in the price of the token, but also this mechanism.

📢 Find out more about the Totem project on our website: http://totprotocol.com/

https://i.ibb.co/MnKRtv2/Elw-PLZr-Xg-AEJA0a.jpg


still the most important thing for me is to get passive income and this will be just great for all of us
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ideaology - Turning Bright Ideas into Awesome Crowdfunding
by
situshar
on 16/11/2020, 10:15:00 UTC
after all, where can I see your business model ?
I wonder what you are going to offer for investors and what will be the attractiveness of this project for the long term
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Totem - platform for trading of DeFi and derivatives
by
situshar
on 14/11/2020, 06:07:13 UTC
a really useful project and a useful application of blockchain technologies.
now the market will grow this is a good entry point but it is important for me to understand that the project will be as liquid as possible for many years to come
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ideaology - Turning Bright Ideas into Awesome Crowdfunding
by
situshar
on 12/11/2020, 13:33:55 UTC


How do you plan to engage your audience? I mean those projects that will use the platform.



On beta we will have feedback, we want to improve and listen to our users. Also all our social media accounts are active.

I hope the project will be as popular as possible because technically I like the project and I like what you can offer for investors