The unique rewards distribution (users can choose from ETH, BTC, BNB, etc) simply by holding gives Ethernal a specific niche in the market.
Build Upon Reflections
The Ethernal project seeks to build upon famous reflection tokens such as Safemoon and BabyDoge by adding an innovative functionality which allows users to claim rewards in any top tokens of their choosing. In order to guarantee continuous usage, rewards, and valuation, they aim to launch new functionalities and marketing efforts regularly.
What is Ethernal?
Eternal is a community-driven Decentralized Finance (DeFi) token built from the ground up on the Binance Smart Chain (BSC) with an innovative reflections functionality and a focus on continuous, sustainable growth.
Launched on October 25th by a team based in New York and Florida (with contributors in Prague, Lisbon, New Delhi, among other places) Ethernal was founded by a small group of people with many years of combined experience in the blockchain environment and in some of the largest IT companies in the world. The team behind the project aspires to create an improved rewards ecosystem, combining the best parts of various popular tokens, while creating something new and unique.
Ethernal’s main objective is to offer as much value as possible to its users through added utility. Its initial launch goal is to provide passive income to the holders, but that’s only the first step. The project aims to build a true Ethernal ecosystem with many exciting features planned for the near future.
Some examples include: governance mechanisms that will enable users to have a say in the project decisions; a cross-chain NFT Marketplace where you can buy, sell, mint and showcase your NFTs; and a fully fledged DEX with yield farming – all of which will be connected to the Ethernal token, always generating new revenue streams for the holders!
How it Works
Simply hold 1,000,000 or more Ethernal tokens and get rewarded in any top coins you want, directly to your wallet. All you need to do is claim your winnings in the Ethernal rewards page, and the more you hold, the higher the rewards.
Three functions occur during each trade which fuel the Ethernal ecosystem:
Reflection – 7% is reflected to all holders for passive income paid in any top coin of your choosing
LP Acquisition – 5% is added to a liquidity pool increasing the token stability and price over time
Marketing – 3% is allocated to marketing efforts designed to achieve a continuous and sustainable growth
What Makes Ethernal Stand Out?
First of its Kind
Ethernal is the first DeFi token that gives you rewards in any coin you want through an innovative community governed reflections system. Some projects provide rewards on their native token, others are limited to only one specific coin, but we give you the option to claim your rewards in any coin of your choosing, be it large/known coins, such as BTC, ETH, BNB, ADA, or small/just launched coins. The choice is yours!
Community Driven and Fair
Ethernal was created by the community for the community, so one of its initial goals after launch is to add decentralization mechanisms in which the holders can vote on proposals and have their say in the future of the project, in an open and collaborative manner. In addition to this, only a small percentage (~ 5%) of the initial token distribution was allocated to the project founders and primary investors. Even the project’s logo was designed and selected by the community, which is a testament to its decentralized nature.
7% of every buy/sell is taken and redistributed to all holders. All you need to do to start earning is hold Ethernal in your wallet.
A minimum of 1,000,000 tokens is required in order to receive rewards. The more you hold, the more you receive.
Rewards are claimed to your wallet via our innovative Reward Dapp and are paid on pegged BEP-20 tokens on BSC. In periods of lower volume this might take a bit longer, but you always get all your rewards.
Initial liquidity provided is locked with PinkLock for 40,000,000 days(!), so it’s impossible to block user transactions and do a rugpull. In addition to this up to 8% of all transactions will be allocated to providing liquidity and purchasing industry-standard Audit services. These measures ensure that the project has constant price appreciation and security. The contract has passed several Mythx security scans and will go through CertiK and other major audits as soon there’s enough funds from the transaction fees. The marketing and project growth funds are also time-locked with Pinklock, distributed in multiple wallets, and only released in specific increments, ensuring no one can steal or use them for other purposes.
Self Sufficient and Ever-Growing
3% of every transaction is allocated to marketing investments designed to achieve a continuous and sustainable growth. This means Ethernal can fuel the most ambitious marketing efforts and reward its active community. Having a dedicated marketing budget allows for continuous growth in a sustainable manner. Additionally, 5% of every transaction is converted into liquidity for Pancakeswap. This is done automatically and helps create a rising price floor and stability.
Anti Dump System
In order to avoid pump & dumps and price manipulation by possible whales, the project has an anti-dump system in which the largest holders cannot sell all their tokens at once. All transactions will be limited to a maximum of 100 million tokens.
Visit the following links to learn more about Ethernal’s roadmap, team, and news:
Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2000. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Source : bsc.news
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