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Author Topic: $RCORE by Defi Prophets - The next Level of Yield Farming  (Read 2081 times)

Offline superstarsp

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$RCORE by Defi Prophets - The next Level of Yield Farming
« on: October 13, 2020, 12:34:28 PM »

$RCORE








Coingecko: Coming Soon

CMC: Coming Soon

Uniswap: Coming Soon

Token Contract address: Coming Soon


$RCORE by DeFi Prophets

Telegram: https://t.me/defiprophets













$RCORE is a deflationary cryptocurrency with a supply cap designed to be self-sustaining and self-rewarding based on positive price pressure from token burning and triangular arbitrage between RMPL-ETH-RCORE pairs.


$RCORE is built with the goal to sustain its APY for stakers and to reach continuously higher token prices. Unlike other farming methods where farms are constantly minting coins, which dilutes the overall value over time, $RCORE has a fixed maximum supply, which decreases on every transaction via token burning.


Additionally, in other farms the APY will reduce to 0% when there is no trading, RCORE however is designed with triangular arbitrage opportunities to create trading pressure — by creating these trading opportunities arbitrage traders and arbitrage bots will be constantly buying and selling driving a higher and sustainable APY.


If you are buying RCORE using ETH or RMPL on Uniswap there is a 1.05% fee, otherwise all other trades are 2.1%.

Buying RCORE on Uniswap using ETH or RMPL 1.05% fee breakdown
- 0.5% is farmed by users who stake the liquidity tokens
- 0.5% of the transfer amount is burned — decreasing the supply continuously with every single transfer and trade
- 0.05% is added to the dev fund

All other trading 2.1% fee breakdown
- 1% is farmed by users who stake the liquidity tokens
- 1% of the transfer amount is burned — decreasing the supply continuously with every single transfer and trade
- 0.1% is added to the dev fund


This means that those holding tokens are able to farm without infinite inflation and without worrying about the APY dropping to 0 because of a lack of trading.


Q: When will I be able to buy $RCORE?
Tuesday, October 13th 12:00 UTC launch of LGE — Uniswap listing is 24 hours later on Wednesday, October 14th 12:00 UTC


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$RCORE by Defi Prophets - The next Level of Yield Farming
« on: October 13, 2020, 12:34:28 PM »

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Offline hair

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Re: $RCORE by Defi Prophets - The next Level of Yield Farming
« Reply #1 on: October 13, 2020, 01:45:47 PM »
Interesting to follow the current DeFi project development. I hope there are many good projects and can be used as an investment.
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Offline superstarsp

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Re: $RCORE by Defi Prophets - The next Level of Yield Farming
« Reply #2 on: October 13, 2020, 04:03:17 PM »
Interesting to follow the current DeFi project development. I hope there are many good projects and can be used as an investment.


you're absolutely right, I agree with you especially there are many good projects and can be used as an investment
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Re: $RCORE by Defi Prophets - The next Level of Yield Farming
« Reply #3 on: October 13, 2020, 05:20:20 PM »
Too many new Defi platforms and tokens were brought to the market lately and I think the market is already saturated that's why the Defi token prices are continue to drop plus add all the scams that were rocked the defi space lately. It seems it was never ending problems is need to be endure.

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Re: $RCORE by Defi Prophets - The next Level of Yield Farming
« Reply #4 on: October 15, 2020, 05:04:05 AM »
Too many  defi projects are available in world cryptocurrencies market cap and decentralized exchange. $Rcore such kind of decentralized finance projects are going to be listed.
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