SEASONAL TOKENS INTRODUCTION

in seasonaltokens •  3 years ago 

INTRODUCTION

Seasonality may be a problem for crypto currency investors in view of their dramatically drop in prices including Bitcoin. Seasonal Tokens are therefore introduced to form seasonality work for the advantage of investors. Spring, Summer, Autumn and Winter tokens have been designed to rise in price relative to every other during a predictable sequence. Spring tokens will tend to rise in price, then Summer, Autumn, Winter, and Spring again. The four tokens introduced by Seasonal Project have scheduled production halving that occur, for every token, nine months after the previous token's halving. This will enable investors to carry a coin while it's rising in value, then trade it for a coin which will rise in value during the next months. An investor who follows this strategy will always hold a token that has recently become scarce as compared to what the market has become familiar with , and whose price are often expected to rise because the market adjusts to the new scarcity. Each token will have a complete supply of roughly 33,112,800 tokens. These coins are often expected in future to possess approximately equal value. However, at any given time before then, one token are going to be generated at a faster rate than the others, and over time will tend to become cheaper to shop for. Another token, which was previously generated at the fastest rate, will have recently halved its rate of production, and can then be generated at the slowest rate of the four, and can become scarcer, and consequently costlier, over time. Trading the costlier tokens for the cheaper ones will allow an investor to extend the amount of tokens that he or she owns over time. An investor who holds 1 Spring Token, for instance , can wait until the speed of production of Spring Tokens is halved, then the Summer Token are going to be the one that's produced at the very best rate. This may eventually cause the Summer Token to become cheaper than the Spring Token, whose newfound scarcity will make it costlier. The investor could also be ready to trade the 1 Spring Token for 1.5 Summer Tokens. Those 1.5 Summer Tokens might later be traded for two Autumn Tokens, and people successively might later be traded for two .5 Winter Tokens. The cycle completes when the Winter Tokens are traded for Spring Tokens again, and therefore the investor may at that point be ready to buy 3 Spring Tokens, and may repeat the cyclical process to accumulate more.

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The Seasonal tokens are ERC20 based tokens which have been issued on the Ethereum blockchain. As ERC20 tokens, the seasonal tokens are often traded permissionlessly on decentralized exchanges, stored on standard hardware wallets, received and sent with the Metamask plugin, and viewed on etherscan.io. Miners use their own hardware to perform the work necessary to mine the seasonal tokens, but to submit the resulting proof-of-work to the ethereum network, the miner must buy the gas employed by the smart contract, which checks the proof and issues the tokens. The quantity of gas required for this is often predictable, but the worth of that gas depends on how busy the network is at the time. Due to this, the entire supply of 33,118,200 tokens is an estimate supported the hypothesis that exactly one reward are going to be paid out every 10 minutes. In practice, the speed are going to be on the brink of this value but not exactly adequate to it.

UTILITY OF SEASONAL TOKENS

  1. By holding Spring tokens while they are going up in price, then trading them for Summer tokens, and holding them while their price rises, and so on, an investor can always hold a token whose price is rising, and may increase the amount of tokens they own over time.

  2. An investor with Spring tokens, can use them to supply liquidity then stake that liquidity position within the farm. That investor will then receive Spring, Summer, Autumn and Winter tokens for as long because the liquidity is left in situation. 9% of newly mined tokens are distributed from the Seasonal Token mining pool to the farm.

  3. When tokens are donated to the farm on a daily basis, it makes the tokens more valuable, because tokens used for farming produce higher yields. The farm also contributes to the rotating demand for the tokens that creates it profitable to trade them during a cycle. Therefore the tokens are often expended to support their price and drive rotating demand. Miners have a financial incentive to extend the worth of the tokens they mine, and that they can do that by donating a fraction of their incoming tokens to the farm.

  4. Holders of the tokens can use them to accumulate more, by farming and cyclical trading. Because the tokens become costlier to mine and buy, the power to urge more tokens over time without buying or mining them becomes more and more useful.

  5. At a time when everybody knows that Spring tokens should be traded for Summer tokens, traders got to be ready to sell Spring tokens to someone and buy Summer tokens from someone. Other cyclical traders could also be unwilling to shop for Spring and sell Summer once they know that Summer goes to rise in price next. The farmers who provide the liquidity to the token/ ETH trading pairs on Uniswap etc as counterparties for the cyclical traders. Because the farmers receive farm income, they will make a net income albeit they miss out on some or all of the potential profits of cyclical trading.

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SIMPLY BUY SEASONAL TOKENS

Buy ETH for your wallet
Choose your token
Pick your pair

SMART CONTRACTS

Spring
0xf04aF3f4E4929F7CD25A751E6149A3318373d4FE

Summer
0x4D4f3715050571A447FfFa2Cd4Cf091C7014CA5c

Autumn
0x4c3bAe16c79c30eEB1004Fb03C878d89695e3a99

Winter
0xCcbA0b2bc4BAbe4cbFb6bD2f1Edc2A9e86b7845f

FOLLOW OFFICIAL LINKS FOR MORE UPDATES:

https://www.seasonaltokens.org/
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https://seasonal-tokens.medium.com/
https://www.reddit.com/r/SeasonalTokens/

AUTHOR

Forum Username: Thegamer550
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3422314
Telegram Username: @Irfan550
POA: https://bitcointalk.org/index.php?topic=5390603.msg59591010#msg59591010
Smart Chain (BSC) Wallet Address: 0x44573d92c7D2B343b766B44ee7599027c9E60cbC

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