Winetoken.finance — a DeFi project, launching a decentralized game / app on the Binance Smart Chain. More chains will appear in the future.
Contents:
About the Winetoken.finance
DeFi — a cryptocurrency movement, designed to offer traditional financial products and services without the "centralized" power of bank, government and business. Decentralized finance uses smart contracts and blockchains to provide financial services that were previously only available from centralized regulated businesses. New tokens are being deployed every day to Ethereum, BSC, etc., most of which are aimed at fast switching through dodgy concepts, get-rich-quick schemes and direct copy / paste of past successful ideas. Innovation always finds its way, this time in the form of Wine Token Finance.
Trees are made in the ERC 721 style. People can only buy one at a time to enable many investors to join the crypto game. Each tree can yield 100 grapes. It will take 3 days for the tree to mature fully.
When you buy a tree, two things will happen:
| 1 | The smart contract will create / add liquidity for CGRAPE on Otherswap.com and the tree will start producing grapes. |
| 2 | The generated liquidity tokens will be locked in the smart contract. |
An option will always be there, where an investor can harvest grapes up to a three day period. But, at the same time, the tree will die and the reserves will fall. The supply of grapes is controlled by investors. The Wine Token financial group can remove up to 5 percent of blocked liquidity once every month. After 6 months, when the V2 issue is launched, liquidity can be transferred if necessary. If the team decides to remove any percentage of liquidity within the acceptable range by the smart contract, this will be done for the purpose of developing version 2, pumping prices and other project costs.
What else should you know about this defi app?
CWINE — a super rare token that will be scarce. Wine will also be used in a V2 project where you will use wine to create NFT or earn ETH. CWINE, like CGRAPE, is burned on transmission unless the sender or recipient is whitelisted. Its burning rate (% 1-% 2) depends on the CWINE price on Otherswap.com.
From social networks, the community leads:
- twitter;
- telegram.
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