INTRODUCTION
ScarcityDeFi is a produce farming service that offers multiple prizes at once including a stable USDT prize. It has governance a system that gives complete control to the community. Those who stake the governance token are rewarded for contributing to the success of the project.
It is a multiple token economy and multiple reward mechanisms make it more flexible and attractive. SCARCE synergizes with ySCR while adding greater value to the community by having a less maximum supply in both cases. From now on, SCARCE is not just a token, it represents the entire ScarcityDeFi protocol in this paper.
WHAT IS SCARCE?
SCARCE is a next-generation yield farming service that provides trustless vault options to make essential staking, locking for both individual and enterprise. It's being built in a ready environment to migrate in future possibilities to improve the service. It's a complete solution for your decentralized financial investment at your fingertip. It connects with all the leading DeFi protocol to bring freedom and never limits your reach.
SCARCE FEATURES AS FOLLOWS:
Yield Farming
Dual token economy
Multiple reward mechanism
Uniswap aggregator
NFT Insurance
Governance
Lending/Borrowing
Non-inflationary security
Fiat transaction connectivity
Feature to add more features by vote
Yield Farming
SCARCE offers multiple farming rewards including USDT stable token. Farming with LP token will return a guaranteed 100% to 600% APY reward at ETH/SCARCE LP. While other LP pairs can give even higher rewards such as USDT/SCARCE LP. Adding liquidity to USDT/SCARCE and ETH/SCARCE pair earns ySCR as well as SCARCE reward.
Staking ySCR earns USDT and additional rewards in YFI & UNI token
Additional rewards are subject to availability.
SCARCE takes 5% of funds from the presale and purchase UNI token and distributes among ySCR stakes.
When it's in the market, it takes 5% from the liquidity pool (or community fund), then buys YFI in the open market and distributes it to the ySCR stakes.
This way, both SCARCE and ySCR token holds the ultimate high value.
Uniswap aggregator
SCARCE introducing its own aggregator for uniswap open market with limited selective pairs. It will allow only pairs with SCARCE tokens to instantly exchange on their own platform. One exception is ETH/USDT pair. More pairs can be added later by community voting.
Uniswap Liquidity
SCARCE will add locked liquidity for 365 days with the option to extend by community votes. The vault is designed to make long term economic success for SCARCE investors. The liquidity amount depends on the raised funds. It will use 90% of its funds from the presale in the ETH/SCARCE, USDT/SCARCE pairs.
NFT Insurance
Insurance is designed to hold back investors and power up the economy. Users can earn using SCARCE insurance token (erc-1155 standard non-fungible token) that guarantees to pay rewards. This expands our reach even wider audience who like to invest in NFT. It can be traded in an open market like opensea.
Multiple token economy
SCARCE and ySCR are two protocol tokens. Both are erc-20 tokens. SCARCE is the default token, and ySCR is a governance token. Both tokens are designed in a unique way to make them valuable. Both are in limited supply. SCARCE tokens can be purchased in pre-sale before the market opens, while ySCR has no pre-sale. It can be claimed by staking SCARCE or buying on a centralized exchange after listing. ySCR provides the highest value for its holders by providing prizes in the form of USDT, YFI, UNI, and many other ways to come. YSCR shares hold the right to vote for the government and transform the economy of SCARCE.
SCARCE
Erc-20 noninflationary token.
Total supply - 9,999
Burn rate - 4%
ySCR
Erc-20 Governance token for SCARCE economy
Total supply - 1,800
Burn rate - 0%
Dual token economy
SCARCE and ySCR are two tokens of the protocol. Both are erc-20 token. SCARCE is the default token, and ySCR is the governance token. Both token designed in a unique way to make them precious.
Both are limited in supply.
SCARCE token can be purchased in the presale before the open market, while ySCR don't have any presale. It can be claimed by staking SCARCE or buy in a centralized exchange after listing. ySCR brings ultimate value to the holders by rewarding with USDT, YFI, UNI, and many other ways coming. ySCR stake holds the right to vote for the governance and changes the SCARCE economy.
YSCR Governance
The ySCR Governance token was designed with a total supply of 1,800.
There is no presale.
Users who add liquidity or shares in USDT farms get ySCR rewards.
Every month 300 ySCR up to the maximum limit.
It will immediately be listed on a centralized exchange for over $ 9,000.
Shareholders can vote, or propose to change the economy of SCARCE.
Token Utilization
49.994% (4,999) SCARCE allocated for community rewards, liquidity, staking, and farming.
Reward distribution is set to a long term plan to control the price
inflation.Only 40% of tokens (4,000 SCARCE).
Only 10% of tokens (1,000 SCARCE) are for the team members.
Team's Fund Locked Until 2022
Dev team’s fund 1,000 SCARCE has been locked for 400 days in a smart contract. This contract also locked another 1,000 SCARCE from the community reward funds. So, a total of 2,000 SCARCE now locked using a smart contract which will be unlocked in 2022. The exact date and time are 01/01/2022 @ 1:01 am (UTC). Date unix: 1640998861.
SCARCE time lock contract address: 0xAe3469366985D033981eA1B6e99DE8179Cc93cf6
For more information on this project you can see it below:
WEBSITE: https://scarcitydefi.org/
WHITEPAPER: https://scarcitydefi.org/SCARCE-wp-v0.1.pdf
TWITTER: https://twitter.com/DeFiScarcity?s=09
TELEGRAM: https://t.me/SCARCEchat
SOURCE CODE: https://docs.scarcitydefi.org/source-code/
EXECUTIVE SUMMARY: https://docs.scarcitydefi.org/
Username: Bidadari_surga
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1011291
Wallet Address: 0xBd706dD25c38c5502DbB2B254bFA6bbD54b8F8d3