SmashCash, a distributed token which uses zero-knowledge proofs or zk-SNARKS to guarantee secret dealings for fifteen tokens on 10 different Blockchains, allows users to maintain financial privacy. It permits users to make their wallets secretive and unknown on four different Blockchains.
SmashCash is designed to function as a non-safekeeping digital token where smart contracts and treasuries are not owned or kept in the custody of a third-party at any point. It pushes to develop a digital currency supported by a more extensive range of Blockchains, which, most importantly, protects privacy.
SmashCash provides the solution that people need, and it will attract the interest of so many people in the industry. Still, beyond the solution, potential investors, members, and users would want to know what other benefit SmashCash can offer. SmashCash clarifies these uncertainties through its Triple Yield approach.
The Triple Yield
In attempts to enlarge the market capital of SmashCash over a designated period, SmashCash established the following systems:
Yield (Dividends per Month)
Smash has been designed so that the funds and proceeds are not stored or owned by any individual or third-party organization; instead, the proceeds are distributed evenly among members following the original concept used in developing the TOKENOMICS.
All investors that invested in SMASH get their benefits in either USDC or BUSD. For an investor to earn the weekly dividends, such an investor needs to stake in SMASH. The dividend payment is made possible by the collection of charges from credits and swaps transactions that take place on the platforms in which SmashCash functions.
The entitlement for staking as an investor is clear and well defined for all. Any investor tat stakes in SHASH is entitled to the following:
Fifty five percent of the charges realized from the swap transactions are paid in USDC or BUSD.
Twenty percent of all the charges realized from the deposit transactions.
Five percent of all the proceeds from other investments engaged in that is not within the platform.
Staking
When an investor stakes a Crypto asset with SmashCash, He will instantly receive SMASH. The dividend increases as the asset stake increases.
Tokenomics
Tokenomics explains SmashCash with numbers and values. It provides the actual value of a SMASH in real-life currency.
SmashCash sets the maximumSMASH Tokens to be minted within three years at 1Billion.
The starting value of SMASH in dollars is $0.001
The starting circulating supply of SMASH is put at 100 Million SMASH. This makes the initial market cap of SmashCash to be 100,000000 * $0.001 = $100,000
IDO (initial DEX offering) = 100 Million
If the maximum SMASH ever = 1Billion, then the Total Market Cap = $1 Million (1 Billion *$0.001).
10%, which is 100 million, goes for Team and Advisers
Twenty percent total SMASH (1 Billion), which is 200 Million, goes for rewarding the stakes by investors
20% of total SMASH, which is 200 Million, goes for the Research and Development project
27% of total SMASH, which is 270 Million, goes for the Marketing and the Promotion projects
Exchange listing takes10%, which is 100 Million.
Floating Liquidity is put at 3%
While the initial public sale takes 10%
The SmashCash Team is always available on the below mentioned social media handles, ready to guide stakeholders and members.
USEFUL LINKS
Website: https://smashcash.io/
Whitepaper: https://smashcash.gitbook.io/whitepaper/
Telegram: https://t.me/smashcashio
Twitter: https://twitter.com/smashcashio
Medium: https://medium.com/@smashcash
Github: https://github.com/smashcash
AUTHORS DETAILS
Bitcointalk Username: Gadile
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2848249
Proof of Authentication: https://bitcointalk.org/index.php?topic=5373364.msg58541151#msg58541151
BEP-20 Wallet Address