Financial News

$COQ Introduces a New Way to Earn BNB Every Hour

Products You May Like

$COQ is a revolutionary mission introducing a pure BNB reflective mechanism with an auto-claim characteristic, dynamic dividends, and taxation absolutely managed by the neighborhood. The neighborhood can vote on the protocol’s dividends and taxation to spice up their BNB rewards.

Article content material

Paris, France, Dec. 12, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire$COQ token  is the primary to let its holders vote to lift or decrease the taxation and dividends charges to benefit from the pool objectives, market sentiment, or different occasions. To earn BNBs each hour and to vote, members are required to carry a minimum of 1M $COQ tokens of their pockets.

$COQ is a part of a brand new wave of Defi tokens popping up that integrates a Dynamic Reflection Token(DRT) mechanism designed to reward holders. These new tokens defend buyers in opposition to manipulation from whales, guaranteeing an equitable ecosystem the place everybody has a good probability to bag rewards no matter their pockets measurement. 

Commercial

Story continues beneath

Article content material

A number of crypto communities have endorsed $COQ as the very best profitable and artistic Reflection Token. Crypto supporters merely want to attach their wallets to  purchase and HODL  $COQ to get extra BNB dividends eternally. 

The CoqView dApp permits customers to calculate and monitor their BNB reflections based mostly on their $COQ token holdings and estimate the subsequent payout in real-time.

How Does the Undertaking Generate Extra BNB Rewards?

$COQ combines highly effective buying and selling mechanisms and DeFi protocols to provide BNB rewards aggressively and constantly. The manufacturing of BNB dividends is powered by varied progressive methods, together with staking-lending (COQ-FARM), Inside Auto Buying and selling Methods (COQ-ATS), and DEX Transactions (COQ-SWAP). 

Commercial

Story continues beneath

Article content material

The BNB manufacturing additionally stems from DEX and CEX pairing transactions on top-tier exchanges corresponding to Binance, Gate.io, KuCoin, and lots of extra. Moreover, crypto and DeFi buyers on the multi-functional platform obtain aggressive BNB dividends from the mission’s promotion on a number of social media platforms.

The mission boasts a singular reward reflection mannequin that ensures holders passive revenue in BNB each time $COQ cash are purchased, offered, or transferred. Customers at present have to have 10M $COQ to be eligible for rewards, though the neighborhood can vote to lift or decrease the tax and dividend fee at any time. The BNB returns are mechanically despatched to token holders’ wallets.

A Nearer Take a look at the $COQ Tokenomics

Commercial

Story continues beneath

Article content material

$COQ deploys wonderful reflective tokenomics geared toward making a fast-growing neighborhood and empowering holders to change into BNB-wealthy eternally. 

A 15% tax is charged on all transactions, with 10% of the charges going on to $COQ coin holders, permitting them to earn a passive revenue merely for HOLDling. 

In the meantime, 1% of the transaction charges goes towards growing $COQ liquidity, elevating the token’s worth flooring to fight worth fluctuations. 1% goes to the burn pockets, which removes a portion of tokens from circulation to stretch the availability and enhance demand.

Moreover, the $COQ mission deploys a completely honest methodology that protects in opposition to worth manipulation by big-money buyers. To this finish, the protocol restricts $COQ token promote transactions to lower than 0.1% of the entire provide and prices an additional 2% tax on all non-buy transactions.

Commercial

Story continues beneath

Article content material

This technique deters whales from dumping their cash throughout the begin of the worth discovery stage, guaranteeing $COQ can attain its full moonshot potential. It additionally counters swing buying and selling and reduces arbitrage on promote transactions.

The anti-whale dumping mechanism goes a step additional to guard buyers by capping the utmost quantity any pockets can maintain to 1% of the entire provide. An extra 2% from all trades goes into aggressive $COQ evangelization and neighborhood giveaways to generate hype across the mission for the lengthy haul.

The Upcoming $COQ NFT Assortment

In addition to creating the subsequent era of yield-producing contracts on BSC, the $COQ crew plans to launch a captivating NFT assortment and new tokens on the ETH blockchain. The NFT assortment ties in superbly into the $COQ ecosystem, providing crypto followers extra choices and an unforgettable expertise.

To remain tuned on the $COQ token and the newest information and developments surrounding the mission, take a look at the assets beneath:

Website  |  Telegram  |  Twitter  |  Instagram  |  Reddit  |  Facebook  |  Linkedin  |  Pinterest  |  Tumblr  |

Sean Markell CoqView Applied sciences contact -at- coqtoken.org https://coqtoken.org

Primary Logo

Commercial

Story continues beneath

Feedback

Postmedia is dedicated to sustaining a full of life however civil discussion board for dialogue and encourage all readers to share their views on our articles. Feedback might take as much as an hour for moderation earlier than showing on the location. We ask you to maintain your feedback related and respectful. We have now enabled electronic mail notifications—you’ll now obtain an electronic mail if you happen to obtain a reply to your remark, there may be an replace to a remark thread you observe or if a person you observe feedback. Go to our Community Guidelines for extra info and particulars on how one can regulate your email settings.

Products You May Like