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icarus finance

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News

Latvia Implements New Crypto Tax Legislation

Latvia has passed a new law changing the taxation of crypto investment account gains, focusing on withdrawals rather than individual trades.
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Son Min-ho

Significant Bitcoin Transfer from 2013 Wallet Sparks Market Speculation

An early Bitcoin holder has moved approximately 41,145 BTC from a dormant wallet, raising concerns and interest among traders.
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Ayman Ben Youssef

Cysic Halts Crosschain Bridge Following Token Creation Incident

Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is icarus finance?

Icarus Finance — a decentralized mining protocol that helps to unlock many open source financial applications.

Contents:

Icarus Finance DeFi

About Icarus Finance

Token holders are miners and will have the right to vote (DAO). Miners will no longer mine for the reasons of economy. A significant barrier to participating in Ethereum mining - the limited number of exit options. The standard Ethereum hashrate token (“$ZETH”) solves this problem by providing exchange-grade liquidity for Ethereum mining. Each $ZETH is a standardized unit of actual Ethereum mining power. This means that owning a token is legally and functionally equivalent to owning a base mining power. Staking the token on the chain will allow the staking holder to receive mining rewards in $ETH and $ICA.

$ ZETH — an Ethereum hash token that allows users to participate in Ethereum mining and claim mining rewards. It makes you a miner without the need for hardware.icarus finance

Each token is tied to a hashrate of 0.1 million, i.e. powered by Ethereum mining power. $ ICA “ICARUS” - our ecosystem governance token that represents your voice in all matters.

Users will be able to stake their $ZETH in different pools, each providing different returns:

Single Pool  $ZETH.
Liquidity Pool  $ZETH-BUSD.

By staking $ZETH, token holders will receive daily allocations of $ETH + $ICA that match supplied mining power. $ICA liquidity pool: by staking $ICA-$BUSD LP, holders will receive daily distributions of $ICA. icarus.finance has been deployed on the Binance network. Since the launch of BSC, users have witnessed an explosion in all of its blockchain data statistics.

Social networks and more

At the moment, there are no White Paper and RoadMap on the site. 

If you want to stay up to date with all innovations, subscribe to the community in the following social networks:

The audit of the smart contract is at the link.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.