Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: viralcoin18 on August 05, 2022, 02:37:16 PM
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Several innovative features included in ViralCoin's successful launch will permanently alter the nature of fair launches. According to ViralCoin, a fair balanced launch is one in which new tokens are minted up until the maximum total supply has been reached across all networks while maintaining a constant token price.
ViralCoin developed the ViralVault, which rebalances the liquidity pool (LP) each time ViralCoin is coined, to achieve this ground-breaking feature. Up until the full supply of ViralCoin has been produced, the liquidity pool is rebalanced to help keep the maximum price comparatively steady.
ViralCoin expands on the idea of a fair launch by giving zero tokens in advance to its creators, early adopters, or developers.
Those who are interested in ViralCoin can engage in the community without having to buy the token thanks to the first-ever on-chain on-token referral scheme. One per cent of each purchase is given to the recipient's recommended wallet address.
In addition, there is a 3 percent redistribution charge for all wallet holders, excluding the team wallet, according to their holdings. Since ViralCoin's liquidity pool is created to support itself with its novel "Fair Balanced Launch," an auto-LP mechanism is entirely superfluous.
This token can be used on multiple networks including the major exchange networks such as Binance, Ethereum, Avalanche, Harmony One etc.
In the liquidity pool, ViralCoin is partnered with USD Coin (USDC). The architecture was created by the creators to prevent financial loss and further guarantee that ViralCoin keeps developing independently of fluctuations in the cryptocurrency market.
Any well-known token on a network that is supported can be exchanged for ViralCoin, and it is immediately converted to USDC before being added to the Viral Liquidity Pool.
A decentralised autonomous organisation (DAO) has been established by ViralCoin to facilitate the implementation and widespread acceptance of its ground-breaking technology. After ViralCoin has been established, the DAO will decide on its development, use, and future, with governance voting on new suggestions.
Future ideas call for the creation of a smart contract wallet with a subscription model and interaction with well-known e-commerce partners. If accepted, ViralCoin holders will be able to use their tokens to pay regular payments and have the option to turn ViralCoin into a lifestyle token. It is one of the newly launched DeFi Token in the market, hence the chances of its development are more.