About the Sugar Factory Project?
Sugar Factory is a decentralized exchange protocol which allows users to swap trust-less tokens within the Binance Smart Chain focusing on the Entertainment sector. One of our strategic visions within Sugar Factory is to create monetary incentives for the most committed and motivated users. Our unique goal to discover, guide and to invest in artists for their transition into the blockchain.
We are convinced that we can create a link between new technologies within Music and Art , by doing so we can pave the way for a complete new system. Sugar Factory aims to create an interactive and playful experience for all users in order to strengthen the community in the long run. By becoming a part of the Sugar Factory and lending funds through the magic of smart contracts, you will not only earn tokens but also be a part of changing the interaction between the Music and art business.
D • E • C • E • N • T • R • A • L • I • Z • E • D
Decentralized finance brings numerous benefits compared to traditional financial services. These include instant transaction settlement, the ability to collateralize digital assets, no credit checks, and potential standardization in the future. Through the use of smart contracts and distributed systems, deploying a financial application or product becomes less complex and more secure. The DeFi movement is shifting traditional financial products to the open source and decentralized world, which removes the need for intermediaries, reduces overall costs, and greatly improves security.
Sugar Factory Token
$SGFUEL:
A deflationary currency which includes a tax of 10%, increasing in rarity and reward holders. The $SGFuel will be the main fuel for the use of our exchange during Phase 1 and will allow users to earn our second Sugar Factory #Bsc Token the $Loaf.
SuGarFuel Token
The SuGarFuel Token Protocol is a mixture of RFI tokenomics with the added function of an auto-liquidity generating protocol:
First, the dev has minted the tokens - sent the balance to DxSale - afterwards an amount of tokens will be burned manually for fair launch. The burning process will continue each week after the launch.
Second, we will utilize the DxSale protocol to foster trust in the community by auto-locking liquidity for 1 year (60%), while adding another 26% of the DxSale presale to the PancakeSwap LP
- DxSale Locker: 60% Locked in PancakeSwap Liquidity via DxSale Locker for 1 year
- PancakeSwap LP: 26% Added to the PancakeSwap liquidity pool for fair launch
2. BINANCE SMART CHAIN:
The SuGarFuel Token Protocol operates on the Binance Smart Chain. Binance stands out with way lower transaction costs compared to their competitors. The model used by this platform enables a much quicker transaction process and provides a space to create DApps and other DeFi products
Sugar Factory #Bsc is a team of dedicated people passionated in Art and Crypto. With the mainstream adoption of cryptocurrencies (NFT Boom, Crypto Art, Meme Tokens), it is clear that the market has become overloaded with new investors, who have a limited or a non-existent knowledge of the market. We intend to provide every detail of all information and transactions that will occur on our network, this to ensure the safety of our community.
We want to lead the transition between entertainment and new technologies by creating a positive impact and enlarge our roster with artists who want to create success along the way. Our team of producers and designers are ready to work with the community by analyzing the best creators within our network. We are looking forward to your collaboration on SugarFactoryBsc. Our main goal is to gain a strong and eager community, who is experiencing trust and appreciation in their talent.
Burn Mechanism Phase 0 "The Oven"
- A&G- 0.01/0.0: 3%: weekly burn
- Weekly Burn: 0.1/0.2%: Supply
- Fair Launch Burn: 26%: Supply
PRESALE
- LOCKER: 60.0
- POOL: 26.0
- TEAM: 14.0
TOKENOMICS
- LP: 4.5
- HODLERS: 3.5
- DEV: 2.0
Token attributes
- Symbol: SGFuel
- Token Type: ERC20
- Name: SuGarFuel Token
- Number of Decimals: 18
Total 5 rows
Token transfer statistics
- Transfer Count: 3
- Uniq Senders: 3
- Uniq Receivers: 3
- Total Amount: 24260000000 SGFuel
- Median Transfer Amount: 10000000000 SGFuel
- Average Transfer Amount: 8086666666.666667 SGFuel
- First transfer date: 2021-05-16
- Last transfer date: 2021-05-27
- Days token transfered: 2
Total 9 rows
Roadmap Release
Based on our staking and reward projections, we will allocate a fair amount of tokens on staking rewards. This will incentivize stakers to hold their tokens during the early stage of the Sugar Factory development. In addition more features will be launched and revealed with the release of our Roadmap.
In conclusion:
- Liquidi ty providers get a return based on the amount of liquidi ty they are providing into the pool as rewards.
- SugarFactoryBsc aims to incent ivize i ts communi ty.
- The SugarFactory exchange will close the gap between ar t and technology.
To conclude:
In a later stages we will hold a program where our community can choose how we will contribute and share our success through charitable donations.
#SugarFactoryBsc #SuGarFuelToken#SGFuel #BinanceSmartChain #BNB #BSC #ETH #Crypto #Art #Entertainment
For More Information Sugar Factory project:
- Website: https://sugarfactorybsc.io/
- Whitepaper: https://sugarfactorybsc.io/whitepaper
- Telegram: https://t.me/SugarFactoryBsc
- Instagram: https://www.instagram.com/sugarfactorybsc/
- Youtube: https://www.youtube.com/channel/UC5gbeCSS18UsmroJg8C9FEQ
- Twitter: https://twitter.com/SugarFactoryBSC
- Reddit: https://www.reddit.com/user/SugarFactoryBSC
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
BSC Wallet Address : 0xEfd7255D5b89Ceffa7d0E297b556286C143e779B