Steady Passive Play (SPP) is a project that aims to create a sustainable decentralized financial (DeFi) platform offering stable passive income in the world of cryptocurrencies. It is a project that operates through a smart contract and is deployed on the Binance Smart Chain (BEP20) network. The platform offers a monthly income ranging from 6% to 15%, which is achieved through various income sources, including but not limited to trading, staking, farming, and long-term deposits.
Table of Contents:
- The Uniqueness of the SPP Project and Investment Plans
- A Diversified Approach to Trading and Investing, Project Roadmap
- Conclusion
The Uniqueness of the SPP Project and Investment Plans
SPP was created by a team that had invested in several DeFi projects and lost money themselves. They developed a platform that would create the best experience for users. The project creators diversified their income sources to ensure that no weekly rewards would be deducted from the deposits of current participants or new investments. There are no referral bonuses that can also be deducted from the contract.
SPP mitigates risks by diversifying its income sources.
| Income Sources | Description |
|---|---|
| Staking | The project utilizes staking to generate income. Token holders can lock their funds in the SPP network to support its operations and earn rewards for doing so. |
| Liquidity Pools | Income is generated by providing liquidity to various pools. Participants can contribute their funds to exchange pools or lending pools and receive a share of the profits based on their contribution. |
| Mining Facilities | SPP has its own mining facilities that generate income by performing computational operations and ensuring network security. Mining revenue contributes to the overall income of SPP. |
The minimum deposit is 100 USDT (BEP20), and the maximum is 50,000 USDT (BEP20). There is no minimum withdrawal amount, and withdrawals are possible once a week. The investment period is 200 days, and the ROI ranges from 4% to 15% per month.
The deposit fee is:
- 1% for the deposit
- 0.5% goes to the team
- 0.5% goes towards operational expenses (servers, moderators, etc.)
The withdrawal fee is:
- 1% for the withdrawal
- 0.5% goes to the "Rainy Day" fund
- 0.5% goes to trader commissions
Diverse Approach to Trading and Investment, SPP Project Roadmap
In the SPP project, traders use two types of trading: active trading and passive investment in different markets. Capital is divided among two traders so that potential losses from one trader can be covered by others. All traders have years of experience and trade safely, ensuring they do not overdo it with the use of trading bots and manual trades.
SPP has a roadmap that was launched in May 2023.
In May 2023, the platform was testing the smart contract, website design, and deployment of the smart contract.
In June 2023, measures were taken to ensure stability, including improving traders' skills, educating participants, accumulating the "rainy day" fund, holding regular community meetings, and expanding access for participants.
In August 2023, there are plans to expand income sources, including integration testing, development of mining facilities, and expanding long-term investments at the first level.
In 2024, the project plans to promote DAO (Decentralized Autonomous Organization) governance, including the first participants' meeting and the implementation of DAO configuration.
Conclusion
The Steady Passive Play (SPP) project aims to provide users with the opportunity to generate passive income using mechanisms and tools available in the DeFi ecosystem. The SPP platform brings together various protocols and services in one convenient environment, offering participants a wide range of opportunities to earn income. Steady Passive Play is constantly evolving to meet the changing requirements and expectations of users. The development team actively explores new possibilities and integrates them into the platform to ensure maximum efficiency and convenience for SPP users.
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