Connect with us

Press Release

Meet OneDollar Finance— The first Cross-chain and Privacy ecosystem protocol on Binance Smart Chain

Team Bitcoin Daily

Published

3 years ago

on

OneDollar aims to transform the future of the digital economy, and bring financial freedom to everyone.

OneDollar Vision:

OneDollar token vision is to transform the future of the digital economy, and bring financial freedom to everyone.

OneDollar Mission:

The OneDollar token team’s mission is to drive the price of OneDollar token to $1 through automatic incremental token burn strategy from percentage fees from every transaction, and fees generated from a series of its innovative ecosystem product offerings, while providing sufficient automatic locked liquidity pool for price stability, and directly generating automatic passive rewards for all OneDollar token holders.

The Journey to $1

▪️ Decentralized Community Focus:

As a fully transparent and community oriented project, there is no team token or founders token. The founders and all team members participating in a fair launch with everyone in the community.

▪️ Reflection Static Rewards, Automatic LP Generation, and Automatic Token Burn:

OneDollar protocol is based on four major functions: Reflection static rewards, automatic liquidity pool (LP) generation, automatic token burn, and incremental token burn.

The protocol takes 10% fee on each transaction. This fee is splitted into 3 parts as 4%, 3% and 3% respectively. The first 4% transaction fee goes for Reflection Rewards, 3% transaction fee to Liquidity Pool Generation, and the remaining 3% transaction fee is used for Automatic Token Burn.

The Reflection Rewards function is to distribute the 4% of the transaction fee to every oneDollar wallet holder on a percentage basis. The more OneDollar token you hold in your wallet the more rewards you will receive.

The Automatic LP Generation function comprises the other 3% transaction fee collected in OneDollar token. Out of which 1.5% is sold to BNB, then added to the remaining 1.5% in OneDollar token and the total amount is deposited back into the PancakeceSwap Liquidity Pool. This Liquidity Pool Generation would help to sustain the market liquidity and ultimately stabilize the OneDollar token price in the market.

The last 3% part of the transaction fee collected in OneDollar token is burned automatically. This process would help in a gradual reduction of the total supply of OneDollar token in the market, which would potentially lead to increase in price.

▪️ OneDollar Ecosystem Product Offerings fees for Incremental Token Burn:

The protocol takes 90% from all the ecosystem products offerings fees like OneD-Cross-Chain Exchange, OneD- NFT Art & meme Marketplace, OneD-Crypto powered e-commerce, OneD-LaunchPad and more, and would automatically be used to buy and burn OneDollar token. This process would further help to drastically reduce the total supply of OneDollar token in the market, which would potentially lead to appreciative value of OneDollar token.

Out of the remaining 10% of ecosystem product offerings fees, 5% goes for the accumulation of BNB and OneDollar token at equal amount to further increase the PancakeSwap liquidity pool.

The last 5% of ecosystem fees goes research & development and for the maintenance of OneDolallar project and its ecosystem products developments.

💰(4% of each transaction + 5% ecosystem) fees are auto_Redistributed to holders.

🔓(3% of each transaction + 5% ecosystem) fees are auto-Locked inside liquidity provider on PancakeSwap.

🔥(3% of each transaction + 90% ecosystem) fees are auto-Burn.

More Useful Info about OneDollar Finance token:

▪️Token Name: OneDollar

▪️Token Symbol: ONED

▪️OneDollar Smart Contract Address: 0xc5d879da20dcef7725a8cf59f0a1541ac352669b

OneDollar Community:

Twitter: Click Here

Medium: Click Here

Telegram Group: Click Here

Telegram Announcement Channel: Click Here

Join our telegram and find out further important updates and info about OneDollar tokensale.

Media Contacts –

Company – OneDollar Finance

Web – Click Here

Contact – Click Here

Related Topics:
Continue Reading

Press Release

Introducing the Plena App: A Revolutionary Crypto Super App

Team Bitcoin Daily

Published

3 days ago

on

July 24, 2024

By

We are excited to announce the launch of the Plena App, a groundbreaking crypto super app that seamlessly blends the security of self-custodial wallets with the convenience of centralized applications. Today marks a significant milestone in the world of cryptocurrency as we introduce a platform designed to revolutionize how users interact with digital assets.

What is Plena?

The Plena App is an advanced crypto super app that offers users unparalleled security through self-custodial wallets while providing the ease of use typically associated with centralized applications. With Plena, users can invest in over 100,000 cryptocurrencies, manage transactions, perform asset swaps, and bridge assets with just a single tap. This innovative platform leverages Account Abstraction technology, making it the first of its kind in the crypto space.

Key Features

– Self-Custodial Wallets: Plena ensures users have complete control over their digital assets, combining robust security with user autonomy.

– Comprehensive Investment Options: With access to over 100,000 cryptocurrencies, Plena provides diverse investment opportunities.

– Seamless Transactions: Facilitating quick and easy transactions, Plena makes managing your crypto assets straightforward and efficient.

– Asset Swaps and Bridging: The app allows for effortless asset swaps and bridging, enhancing flexibility and usability for crypto enthusiasts.

– Account Abstraction Technology: Plena’s innovative use of Account Abstraction technology sets it apart, offering a unique and superior user experience.

 Launch Details

We are proud to officially launch the Plena App today. This pioneering platform is set to transform the crypto landscape, providing users with a secure, convenient, and innovative way to manage their digital assets.

Contract Address: 0xed68931e351ee97e8f77c64181475a6e3f2bd573

Join us in this exciting new chapter of cryptocurrency innovation. Visit our website or follow us on X to stay updated with the latest developments and features of the Plena App.

For more information, visit our website or follow us on X.

Website: http://www.plena.finance

X:http://x.com/PlenaFinance

Token: PLENA

Continue Reading

Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

Published

3 days ago

on

July 24, 2024

By

The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

Continue Reading

Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

Published

5 days ago

on

July 22, 2024

By

We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

Continue Reading

Trending