LunaLand - A platform designed to deal with the risks on Defi for the benefits of its users

in blockchain •  4 years ago 

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INTRODUCTION

The centralized system of finance has been witnessing a lot of risks in recent times. Its administration has been controlled by the policies and proclamations of various national governments. This has led to risks of high inflation, loss of values etc. Access to financial services are denied the common people who are not privileged to be close to the government.

Many Defi platforms have been established to provide solutions to these risks and challenges of the Defi, but none has been able to provide adequate solutions to these challenges.

Lunaland coin was developed to prefer complete solutions to these centralized finance challenges. Its target is to subdue some highly rated market volatility risks to be able to withstand inflation effects. It a unique stable coin that can be used to store financial and commodity values and also in crypto trading activities.

The platform is managed by a team of experienced experts in the cryptosystem. The platform will depend on great applications with great features that will be launched to promote the community.

VISION

The team has a vision of developing digital currency that will be among the top ten leading cryptocurrency as a medium of exchange.

MISSION

The team aims at developing a coin that will take a lead in the Defi system as both a store of value and usage.

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The present financial system is characterized with various challenges that have denied ordinary people the access to good financial services. The government agencies have full control over the printing and other financial regulations in the current financial system, leading to full centralisation of the system.

BENEFITS OF THE BINANCE CHAIN

The management decided to build the LLN token the Binance Chain because of several reasons and advantages it has over the Etherum network. Such advantages are:

Lower cost of transactions.
Transactions are processed within some seconds in the Binance smart chain, unlike in Ethereum.
It is easier and cheaper to mine in the BSC
The BSC will grant access to the Pancakeswap Exchange which has the greatest decentralised exchange trading presently across the globe.

An initial 1 trillion LLN tokens will be supplied to the community. The management will adopt continuous burning of the coins until a target availability of 400 million coins is achieved. The burning process will include rewarding of its holders and the community, and the conditions will be communicated in the website at www.lunaland.io

The burning circle will be done weekly at an increasing number, with each burn range having a range of coins.

EASTER EGGS - Community Rewards

There are measure adopted by the company to compensate the members who joined the community early and have been loyal to the company. These measures are referred to as Easter Eggs, and will be announced to the community in due time.

The company has already launched the first Easter Eggs which is
referred to as the LunaLand store. The company will partner with some great merchants to offer products and services to the store at a discount. These products and services can only be purchased with the LunaLand coins. This measure will improve the usage of LLN coins as both a cryptocurrency and a means of exchange. The company will launch some other additional Easter Eggs of the community that will be revealed to the community in due time. Some of them include:

NFT badges that will be issue to early members to appreciate their efforts in helping to build the community.
Internal Lunar phase airdrops to appreciate early holders.

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LunaLand Coin (LLN)

These challenges are the main focus of the Defi platforms. The LLN Coin is designed to be accessible to any person that has an internet enabled device. It can be used for both transactions and stores of value.

Its features include:

Controlled supply through continuous burning.
Price stabilization
Reward to early and loyal members
Encouraging investors through good pricing.

Related Links : https://www.lunaland.io/
http://twitter.com/IoLunaland
https://t.me/lunalandio
https://discord.gg/RGM769PB
https://www.reddit.com/r/Lunaland/
https://www.youtube.com/channel/UCPfFZksXwohPMzE7OyZiKRg
http://instagram.com/lunaland.io

About the Writer :
Bitcointalt Username: Chikpe
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2850826
Prove of Authentixation : https://bitcointalk.org/index.php?topic=5346492.msg57483607#msg57483607
Wallet Address : 0x41eC5aA60478D91FcFB2883f80756471575E78AE

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