Introduction :
There are four tokens, Spring, Summer, Autumn, and Winter. They've been designed to rise in price relative to each other in a predictable sequence. Spring tokens will tend to rise in price, then Summer, Autumn, Winter, and Spring again.The prices of the tokens relative to each other are driven by supply and demand. There's a supply from mining, and a demand from farming. Once every nine months, the rate of production of a token halves, and the cost of production doubles. It goes from being the cheapest to produce, to being the most expensive. Then it goes from being the least valuable for farming, to being the most valuable.
The tokens have been designed so that there's always a difference between the way that the market currently prices them relative to one another and their long-term value. One token will be the most expensive, and another token will be the cheapest. Investors can increase the total number of tokens they own by trading the more expensive tokens for the cheaper ones.
Seasonal Tokens smart contracts:
1.Spring : 0xf04aF3f4E4929F7CD25A751E6149A3318373d4FE
2.Summer : 0x4D4f3715050571A447FfFa2Cd4Cf091C7014CA5c
3.Autumn : 0x4c3bAe16c79c30eEB1004Fb03C878d89695e3a99
4.Winter : 0xCcbA0b2bc4BAbe4cbFb6bD2f1Edc2A9e86b7845f
July 2021
Seasonal Token smart contract code is written
Prototype contracts are deployed to the Rinkeby Test Network to test the functionality of the token contracts.
August 2021
Audits of the Seasonal Token smart contracts are completed
Updated contracts are deployed for public testing before the launch of the tokens on the ethereum main net.
September 2021
Mining begins
Spring tokens are generated at the fastest rate. Winter tokens are the slowest.
October 2021
Seasonal Token Farm contract code is written
Testing of the farm on the Rinkeby Network begins.
November 2021
Farm contract is audited
Changes recommended by auditors are implemented and the updated contracts are deployed to the test network for the final period of testing.
How Do The Rules Of Mining Make The Tokens Tend To Rise In Price One After Another?
Each token's rate of production is halved every three years. The three years of constant supply allow the market enough time to find an equilibrium between supply and demand. After the supply is cut in half, the number of tokens of that type that exist will fall short of the amount needed to sustain the previous equilibrium, and this shortfall will increase in size over time until the market adjusts to the reality that the previous equilibrium can't be sustained.
The halvings of the tokens occur at nine month intervals. Nine months after the Spring halving, the rate of production of Summer tokens halves. This will cause the price pressure from the reduced supply to affect each token nine months after the previous token.
Who Funded The Development Of The Tokens? What Is Owed To Them, And How Do They Expect To Profit?
All of the expenses involved in developing the project were paid for by the founders. Nothing is owed to them.
The only way the founders can profit is if the tokens they mine or buy become more valuable over time. The founders bore the expense of creating the tokens, while giving everyone the same opportunities to invest and profit, because they believe the tokens are genuinely good investments.
Won’t Everybody Inevitably Try To Make The Same Trade At The Same Time, And Find Nobody To Take The Other Side Of The Trade?
There is no single day to trade tokens of one type for the next token in the cycle. The scarcity caused by a halving needs months to accumulate before it can affect the price. Different investors will make the trade at different times, over a period of months.
During this time, the farm will be paying liquidity providers, which will ensure that there is liquidity available for cyclical traders to make their trades.
Four Tokens :
There are four tokens like the four seasons in nature - Spring, Summer, Autumn and Winter. They're produced by mining, and can be used for farming. Mining controls the relative supply, and farming creates a relative demand.
Others information :
Website : https://www.seasonaltokens.org/
Twiter : https://twitter.com/Seasonal_Tokens?t=hqWSpLwx5tldGINA3v5UuA&s=09
Medium : https://seasonal-tokens.medium.com/
Reddit : https://www.reddit.com/r/SeasonalTokens/
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