Tron, as one of the most soaring cryptos, has excellent potential to grow in the market. Tron was ranked 56th a few months ago, but has now secured the 13th position according to CoinMarketCap. When Tron emerged from Ethereum, there was a good chance of reaching 0.4 USD in the next 5-8 months.
An original project is well rated and I think it makes sense to join this project, because I see future developments .. they have. A clear and impressive concept
Trade TRX for tokens. The more TRX in the contract, the more valuable your token will be. Pay your taxes (10% per transaction) and watch the flow of dividends as you Hold On. The key here is PATIENCE: there is a withdrawal penalty without it. After 30 days, you are entitled to extract 100% of your deposit. But before that? Learn to live with more, less.
Create digital tokens that are decentralized, autonomous, and generate stronger revenue as you last longer, in contrast to the boom-bust lifecycle of cloned hourglass-style contracts.
How it works:
The basic structure for the Crystal Elephant Token (CETO) contract will be derived from a well-inspected and audited dummy open source P3D contract - also known as an hourglass contract - with modifications made to promote longevity. Tokenholder is encouraged to hold tokens for 30+ days or suffer a sliding scale sliding penalty for early withdrawals. Penalties are added to transaction fees and distributed to other token holders.
Process:
Exchange Tron (TRX) for tokens that increase or decrease algorithmically with each sale. Ten percent of funds from each transaction - deposited, withdrawn, or transferred - are taxed and distributed proportionally to all token holders as dividends. Fines as high as 75% will be imposed for those who withdraw before 30 days.
STRUCTURE
Most hourglass contracts suffer from pump-and-dumps - early adopters / users sign in early and withdraw their funds later at the same time - jeopardizing their lifecycle. CETO offers strength through consistency.
Power:
Exchange TRX for CETO, which increases and decreases the value of TRX with every token purchase or sale.
It's a little tricky and very math-based - be patient. Each token purchased increases gradually more than the previous token. If our initial token price starts at 0.001 TRX, the increment goes up by 0.0001 TRX for each additional token.
A 5 CETO purchase would look something like this:
- CETO1 = 0.001 / TRX
- CETO2 = 0.00110 / TRX
- CETO3 = 0.00120 / TRX
- CETO4 = 0.00130 / TRX
- CETO5 = 0.00140 / TRX (less 10% transaction fee)
- Total: 5 CETO = 0.054 TRX
- The same principle applies to CETO sales, only -0.0001 TRX for each additional token sold.
Every transaction (buy, sell, transfer to other token holders) is subject to 10% tax, the proceeds of which are distributed to other CETO token holders as dividends. Your TRX exchange for CETO (principal) is incentivized to bet on the smart contract platform for 30 days, collecting dividends proportional to your percentage of the overall token supply from all other transactions over time.
Dividends can be withdrawn at any time. Just like P3D contracts, dividend withdrawals are free of charge. However, if token holders wish to combine the principal to receive a larger share of dividends, they can reinvest the dividends into the contract (less 10% transaction fee), thus setting another 30 days incentive to maintain the dividend amount in the contract.
Is CETO a security? Not. Since the CETO contract is autonomous and decentralized, it should not be considered a guarantee. We don't control how the CETO contract works once it's launched (so read our open source contracts for boys and girls). We have to buy CETO at the same price as everyone else at the same time as everyone else. CETO smart contracts do not offer or promise any rate of return - they are for entertainment purposes only. And don't ask us for financial advice - we are Elephants!
WHY CETO?
The basic structure for the CETO contract comes from the well-proven, hourglass-style Proof of Weak Hands open source contract. P3D is a revolutionary economic model currently being played out on the Ethereum blockchain. The P3D smart contract handled over 581K ETH (~ $ 167 million USD average $ 287.95 USD / ETH) between February 16-December 29, 2019, with 58K ETH ($ 16.7 million) being paid out via smart contracts. Open source and peer reviewed for security, the P3D smart contract handles everything automatically, without trust, without human intervention or manipulation: code is law.
START
If necessary, create a Tronlink or other compatible web wallet
Get TRX. If you need to use a fiat-to-crypto exchange, we recommend Bittrex or the Atomic Wallet
Transfer TRX (or return your Tron wallet address) to your Tronlink wallet
Create an account
- The CETO contract will be linked to your Tronlink wallet
- Exchange TRX for CETO
- Enjoy receiving dividends
- Create and share your referral link to get more dividends
- Hold more than 100 CETO in your wallet and create your own custom referral link to share with others
CASHING OUT
Sell CETO for TRX
Withdraw the accumulated TRX (including dividends) to Tronlink / web wallets
Send TRX to an external exchange to trade with fiat currency
RIDE WITH GIFTS
If you've come this far, help yourself. You're ready to enjoy one of the most innovative and proven models of decentralized application economy with built-in sustainability.
Remember: Elephants are smart. Redeeming before 30 days is stupid. Get your full value PLUS dividends - and keep it while you use it.
ACCURATE INFORMATION
Website: https: // crystalel elephant.net/
Telegram: https://t.me/CETOofficial
Whitepaper: https: // crystalel elephant.net/whitepaper
Twitter: https://twitter.com/cetoken
YouTube: https://www.youtube.com/channel/UCNRN6hw26z6TGWiZpAk5XXQ
Author: Amild
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2583828
My Tron Wallet Address: TG2rXPQasq7zTbLYgEHsD2ssPJ62xawVaA