LAND and OPS tokens ICO began today – DeFi market wrap
Landshare’s much-awaited ICO began today. This platform provides a hassle-free alternative to traditional real estate investment. It is focused on simplicity, and accessibility, along with yield maximization. Landshare combines the reliability of the real estate market with the power of the blockchain. As a result, the company created a platform that offers the best of both worlds.
Landshare works similar to any other yield generating platform: users stake their tokens and earn rewards. However, there is a reason why Landshare’s token is considered hot. Instead of incorporating unsustainably high APY rates, this platform returns yields based on the value of real estate assets, as well as the rental profits they can generate. Such an approach makes Landshare unique. The platform essentially allows users to participate indirectly in the real estate market without worrying about taxes, maintenance, property depreciation, or tokenized ownership.
Investors can earn the Landshare Token as a reward for staking in the Property Vault. Utilities of the token include premium feature access, governance, charitable fundraising, and staking.
The platform plans to launch with the Landshare Token, the Property Vault, and token staking. Furthermore, its features include the crowdfunded house flipping, governance protocol, and charity token lock events.
The Property Vault offers users a dual-reward system: Landshare Token payouts and stablecoin (BUSD) payouts.
Stablecoin payouts are quite simple. The Landshare team will generate yields based on average regional rental prices and, afterward, pass them into the vault in the form of BUSD. Users will be entitled to a payout proportional to their percentage share of the vault.
Besides, Property Vault stakers will be able to earn Landshare Tokens. The number of Landshare tokens they receive will vary based on the price of the token, though, as well as the current stablecoin payout.
What about the LAND’s price?
The ICO price is $2 per token. The sale will end on June 23rd, 2021. The company will use LAND as a reward for stakers. The token will also grant priority access to several high-yield vaults in the future. According to the company, a token governance feature will debut soon after launch, thus allowing token holders to vote on important operational decisions.
Octopus protocol offers some exciting features
Octopus is an open protocol built to exchange, create, settle, and manage synthetic assets. The protocol enables the issuance of synthetic tokens, as well as their exchange through decentralized derivatives. Octopus Protocol leverages innovative technological solutions such as smart contracts and blockchain to facilitate a platform for engagement with decentralized derivatives. The company aims to offer unparalleled access and exposure to real-world assets through a trustless architecture.
Market participants often try to develop DeFi protocols facilitating architecture for tailor-made synthetic tokens due to the benefits of issuing derivatives on the blockchain. But market protocols usually demand greater requirements of collateral in exchange for minting such tokens on their platform. However, Octopus Protocol plans to provide an affordable solution and accessible infrastructure. It may achieve that by reducing the gap between creating tokens and collateral, thus facilitating an optimal solution for DAO and developers to issue synthetic assets.
Octopus’s trustless architecture enables developers, decentralized autonomous organizations (dao), and individuals to create and deploy synthetic assets on the BSC network. These synthetic assets are built on the blockchain. However, they can also represent an underlying asset in the physical world.
Furthermore, synthetic tokens track the real-time price of an underlying asset and even give exposure without owning the real-world asset. Users can trade tokenized synthetic assets directly on a peer-to-peer network.
Automated smart contracts govern the entire operation of minting and trading synthetic tokens in the Octopus ecosystem. As a result, there is no need to rely on a third-party intermediary.
What about the OPS token?
The platform’s native utility token OPS is ERC20. The price is 0.15 USD per token during the ICO. Octopus is releasing a total of 150,000,000 tokens, but only 33% are available for sale.
OPS offers various advantages to its holders, such as unparalleled access to real-world assets, minimal usage of oracles, limitless design possibilities, customized derivative contracts, and governance.
Meanwhile, RiceFarm’s token ranked higher
RiceFarm’s native token is becoming hotter and hotter. The company launched the initial coin offering in June. The current price is 0.5 USD per token, and RiceFarm aims to raise 5 000 000.00 USD during the ICO.
RiceFarm is the first automatic liquidity acquisition yield farm, as well as AMM decentralized exchange. It runs on Binance Smart Chain and offers its users lots of unique and creative features that let them earn and win. Hence its token’s popularity.
The company launched its utility token to offer its customers additional advantages. It has a well-developed roadmap. RiceFarm plans to distribute its token in the following way: 8.5% goes to the dev team, 5.7% goes to the marketing team, and 1.2% will be set aside for community engagement and incentives.
What about RiceFarm’s features?
Rice has capped supply, which amounts to 100M. It also boasts automatic burn and liquidity. For instance, each transfer of RICE token must pay a 14% transfer tax. After the transfer’s completion, the platform will burn 93% of the tax immediately to help reduce the supply. Furthermore, the team plans to add other burn mechanisms with the goal of reaching a 40% burn rate.
RiceFarm will add the remaining 0.98% of the tax to the liquidity pool through the contract automatically. It will also lock the liquidity, making it inaccessible.
There is also a Delayed harvest. This mechanism will prevent users from constantly harvesting and dumping. For example, if a farm has a delayed harvest of 3 hours, that means a customer can only claim their rewards once every three hours. In addition, RaceFarm will display the terms on each farm and pool card.
The team also plans to experiment with different lengths of time to help keep the RICE token price stable. They’ve decided to start with 6 hours as RicaFarm is a long-term project. However, the team will increase the delay as the project progresses.
The company has also implemented an on-chain referral program to incentivize customers to invite friends to join the farming. Inviters can earn 1% of their friends’ earnings forever.
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