SparkFi is a platform that uses smart contracts to distribute yield and the main token of SparkFi is $SPARK token. In order to ensure fair distribution of yield, each $SPARK token is seen as a share of the SparkFi economy. Let’s take a deeper look at how this works.
Yield Distribution Ratio
The team and investors need to have a fair take on the yield in order for it to be successful. To make sure that this happens, SparkFi has set up a staking based distribution system. 20% of the tokens are held by the team while the remaining 80% are held by investors. The team tokens are locked for one year, and each month 5% of them are unlocked so that they can participate in yield farming.
The investors’ tokens will be able to earn rewards from day one from staking and providing liquidity in exchanges. They will also receive rewards from participating in governance voting, liquidity mining, and other activities on SparkFi network. This ensures fair distribution of yields between both parties involved.
In addition to distributing yield fairly, SparkFi also ensures that the investment capital grows over time so that it can keep up with the token market cap. This is done by implementing several strategies such as automated trading bots, specialized market making services, and more. All these strategies help increase investor capital without taking too much risk or investing too much money upfront.
Further Benefits of Using Smart Contracts
Using smart contracts has many benefits beyond just helping to distribute yield fairly between parties involved in SparkFi network. Smart contracts also help automate certain processes such as setting up trading bots, deploying liquidity pools on decentralized exchanges, managing investor funds securely and transparently, and more. All these processes can be done quickly and easily using smart contracts instead of manual coding or complicated programming languages like Solidity or Java Scripts which would take more time and resources if done manually.
By utilizing smart contracts for their platform, SparkFi is able to ensure fair distribution of yields between all participants in their network while also automating certain processes such as setting up trades and deploying liquidity pools on decentralized exchanges quickly and easily without having to use manual coding or complicated programming languages like Solidity or Java Scripts which could take more time if done manually. This makes it easier for users to get started with their investments while still getting the most out of their investments over time due to increased efficiency brought by using smart contracts.
Overall, using smart contracts is an effective way for companies like SparkFI to provide value-added services while ensuring fair distribution of yields among all parties involved in their network without having to spend extra resources on development or coding projects manually or through complicated programming languages like Solidity or Java Scripts which could take more time than necessary if done manually instead of utilizing smart contracts already provided by platforms like Ethereum blockchain technology today! That's why you should consider using Smart Contracts when setting up your own business!
@SparkFiOfficial #SPARK #STAKING #DEFLATIONARY #SPARKFI
FOR MORE INFORMATION
Website: https://sparkfi.io/
whitepaper: https://d.sparkfi.io/SparkFi.pdf
Telegram: https://t.me/SparkFi_io
Discord: https://discord.com/invite/dmDJkHNMFr
Airdrop: https://t.me/SparkFiAirdropBot?start=p160636
Forum Username: roxxy
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1511275
Telegram Username: @Lenapetrov
BSC Wallet Address: 0x170762eDC9B7068D55CCE71e803b945A83ed45de