• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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SILO

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0
Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$0
Category
DeFi
Blockchain
Bnb-chain
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News

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What is SILO?

SILO is a noninflationary single asset staking platform for RAKE and bR34P designed to remove RAKE and bR34P from circulation and pay rewards in RAKE and bR34P through a value transfer from weak hands to strong hands using a 10% tax on deposits and withdrawals.  2% of  the tokens collected from this tax are paid out instantly to token stakers in SILO and the rest go into a pool which is then drip distributed at a rate of 2% of the pool daily.

SILO is a future-proof way to compound profits made on BSC. A transaction tax of 10% is charged on deposits and withdrawals that is distributed as follows: 100% of fees collected are distributed to the community. 2% of  the tokens collected from this tax are paid out instantly to token stakers in SILO and the rest go into a pool which is then drip distributed at a rate of 2% of the pool daily.

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