The dull current situation of the Crypto market represented by BTC and ETH has made Web3 builders experience the cold feeling of the bear market once again after two years!
However, among many similar mechanisms, a new king will be crowned in July - Treasure project (TPC)
Treasure project token model
The Treasure project ecosystem includes three application tokens: $TPC, $TPC001, $TPS
$TPC is a governance token that is used in the entire Treasure project ecosystem. $TPC tokens include automatic dividends, DAO rewards, NFT rewards, pledges, liquidity incentives, repurchases, and destruction.
$TPC001 is a connection token. Its only function is to bind the superior-subordinate recommendation relationship. Transfer at least 1 $TPC001 token to the wallet of the invited user. At the same time, the invited user can enter the correct inviter ID on the official website. Automatically bind the superior-subordinate relationship. After successful binding, you can obtain the corresponding DAO dividend rewards.
$TPS is obtained by pledging $TPC. $TPS can be exchanged for NFTs of equal value in the NFT collection market of Treasure Project. The total amount of $TSR is 10 million. It will be unlocked linearly every day after the staking section is launched, and will be destroyed after the NFT is exchanged.
Why choose Treasure Project?
Automatic interest generation: When you purchase TPC, it will automatically generate interest in your wallet without any other operations on your part.
Fast distribution: Treasure Project pays rewards to all TPC token holders every 1 hour, and the smart contracts on the chain are automatically executed.
NFT Ecology: Treasure Project has an independent NFT market and a sound NFT collection ecology, and the Creation Collector Medal NFT has strong empowering value.
DeFi income: Treasure Project provides a variety of DeFi application models including multi-block pledge dividends, recommendation reward dividends, etc.
Deflation mechanism: 2.5% of the transaction fee for each TPC sale is automatically transferred to the black hole address for destruction. The more transactions, the more it is destroyed. 20% of the funds raised by IDO will be used for TPC repurchase and destruction. The additional issuance of TPC will be reduced accordingly as the number of TPC addresses increases, and will be implemented according to the "stepped three-round reduction" mechanism until it reaches zero.
Three-coin model: The TreasureProiect ecosystem has three application tokens: TPC and TPS
TPC001, each token represents different rights and application systems, replacing the previous single
Token model.
Safe and durable: The interest-generating mechanism replaces the compound interest mechanism, which effectively reduces market bubbles, the currency price is better protected, and the project is more durable in the future.
Project Benefits:
In the early stage, users can earn profits in a simple and safe way. As users purchase $TPC, the system will automatically generate interest income. Users do not need any additional operations, and the income will be automatically uploaded to the chain. If users are interested enough in Treasure project NFT, they can get the opportunity to participate in the Treasure project NFT collection market by staking $TPC.
How does automatic interest work?
Users only need to hold $TPC tokens and automatically receive interest income every hour. The annualized rate of return of the Treasure project is 730%. If a user invests 1000$TPC, after 365 days, the user will receive 7300$TPC, regardless of achieving up to 7.3 times return on investment and price appreciation.
Holding $TPC tokens automatically earns interest income
Description of buying and selling fees
12% tax is payable when buying or selling under a Treasure project financial agreement
Transaction fee reduction - reduction
The enthusiasm of early users can be stimulated through transaction taxes, but it also limits the user experience of the Treasure project and the liquidity of $TPC. As the number of users holding $TPC increases, the Treasure project will gradually reduce the transaction tax until it is zero:
When the number of currency holding addresses reaches 80,000, taxes will be reduced by 6%, and daily additional issuance will be reduced by 1% (users' DAO rewards will also be reduced accordingly)
The number of currency holding addresses reaches 150,000, the tax is reduced to 3%, and the daily issuance is reduced to 0.5% (for the same reason, the user's DAO rewards will also be reduced accordingly)
The number of currency holding addresses reaches 250,000, taxes and fees are reduced to zero, additional issuance is stopped, and the number of $TPC remains unchanged (user DAO rewards are stopped at the same time)
deflation mechanism
The 2.5% transaction fee for each $TPC sale will be automatically transferred to the black hole address and automatically destroyed. The more transactions there are, the more it will be destroyed, which will effectively reduce the circulation of $TPC and make $TPC more stable.
20% of the funds raised by IDO will be used for $TPC repurchase and destruction, and all destruction addresses will be made public. Through a reasonable deflation mechanism, the total amount of $TPC is continuously reduced, further increasing the value of the token.