A decentralized exchange or DEX is a place where people can trade cryptocurrencies without intermediaries. To better identify what decentralization is, it is important to first understand how the exchange works.
WHAT IS A SUGAR FACTORY?
Sugar Factory is a decentralized exchange protocol that allows users to exchange trustless tokens within the Entertainment sector-focused Binance Smart Chain. One of our strategic visions within Sugar Factory is to create monetary incentives for the most committed and motivated users. Our unique goal is to find, guide and invest in artists for their transition to the blockchain.
We believe that we can make connections between new technologies in Music and the Arts, so that we can pave the way for a complete new system. Sugar Factory aims to create an interactive and fun experience for all users to strengthen the community in the long term. By becoming a part of the Sugar Factory and lending funds through the magic of smart contracts, you will not only earn tokens but also be a part of the changing interaction between Music and arts businesses.
Sugar Factory Features
Sugar Factory is a DeFi protocol that allows users to easily and securely access various DeFi features through an intuitive interface. Here users can exchange tokens safely and easily through the platform built on Binance Smart Chain, which is one of the best chain technologies on the market today that allows users to make transactions faster, safer, more efficient and at lower costs. But that's not all, there are several other features of Sugar Factory:
Incentives: Sugar Mill is a DeFi platform that allows users to stake their tokens and provide liquidity to earn incentives every day.
Connecting cryptocurrency with the entertainment industry: Sugar Factory is a platform that emerged during the development of the cryptocurrency market and the entertainment industry, therefore Sugar Factory wants to be the bridge that will connect these two sectors.
Community based: Sugar Factory is a community based platform, meaning users can participate in decision making.
Loans: Sugar Factory through a lending platform makes it easy for users to be able to lend their assets to other users through smart contracts.
Pre-Sales Prediction:
- Total Supply: 10,000,000,000
- Presale Rate: 1 BNB = 30,000,000
- Soft/Hard Lid: 75/100
- Contribution Limit: Minimum 0.2 BNB / Maximum 2 BNB
- PancakeSwap Liquidity: 60% (locked)
- PancakeSwap Listing Rates: 1 BNB = 20,000,000
- Presale: 2021/06/19 12:00 (GMT) ==> Finish 14:00 (GMT)
- Liquidity Lockdown Time: 2022/06/19 17:00 (GMT)
- DxSale Deployer Requirements: 4,260,000,000 SGFuel tokens
Prediction List:
Combustion Mechanism & Cost:
- MANUAL BURN AT LAUNCH: 520.000.000 SGFuelken Token
- Weekly Burn: 0.10% to 0.20% of SuGarFuel Token supply.
- Airdrops & Giveaway: 0.01% to 0.03% of SGFuel weekly burn
- Tax Fee: 10%
Repartition Fee:
- 4.5% ==> to liquidity pool
- 3.5% ==> for SGFuel holders
- 2.5% ==> for Developer & Team spend
In conclusion:
- Liquidity providers earn returns based on the amount of liquidity they put into the pool in return.
- SugarFactoryBsc aims to incentivize its community.
- Sugar Factory Exchange will close the gap between art and technology.
Roadmap Release
Based on our staking and reward projections, we will allocate quite a lot of tokens for staking rewards. This will incentivize stakeholders to hold their tokens during the early stages of Sugar Mill development. Also, more features will be rolled out and revealed with the release of our Roadmap.
To conclude
At a later stage we will be holding a program where our community can choose how we will contribute and share our success through charitable donations.
For More Information on Sugar Mill Project:
Website: https://sugarfactorybsc.io/
Whitepaper: https://sugarfactorybsc.io/whitepaper
Telegram: https://t.me/SugarFactoryBsc
Instagram: https://www.instagram.com/sugarfactorybsc/
Youtube: https://www.youtube.com/channel/UC5gbeCSS18UsmroJg8C9FEQ
Twitter: https://twitter.com/SugarFactoryBSC
Reddit: https://www.reddit.com/user/SugarFactoryBSC
Author : Amild
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2583828
My BSC Wallet Address : 0xbf00577895715883E63C6694D33dA51b1cDEBDa8