FINPRO FINANCE Powered By Binance Smart Chain - Finpro Finance Is Powering Open Finance Through Our Ecosystem of Cross-chain Protocols, Exchanges ...
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FINPRO FINANCE Powered By Binance Smart Chain Finpro Finance Is Powering Open Finance Through Our Ecosystem of Cross-chain Protocols, Exchanges, Wallet, and Applications That Are the Legos to Build the Next-generation of DeFi.
INTRODUCTION The FIN Token’s major use case will be as the only governance token for each product which will give holders a claim over the revenue generated by those products. AI & Data Science based FINPRO FINANCE is a multilayered open finance liquidity mining service platform, a professional Cryptocurrencies liquidity mining solution. FINPRO FINANCE is powering open Decentralized finance through our ecosystem of cross-chain protocols, exchanges, wallet and applications that are the Legos to build the next-generation of DeFi. FINPRO FINANCE liquidity pool service is helping users optimize their yield farming portfolios. It expands the DeFi financial product offering. FINPRO FINANCE features a proprietary Artificial Intelligence (AI) system that leverages prediction based logic while standing at the forefront of innovation. FINPRO FINANCE is the next generation of Decentralized Finance market place (DFMP), Staking, Yield Farming, IDO, and NFTs on the Binance Smart Chain. FINPRO DAPP is built on BSC and listed in PANCAKE SWAP. $FIN is the native currency of FINPRO DeFi ECOSYSTEM. You can stake, farm, add pool... and earn $FIN (FIN Token) all on FINPRO DAPP. FINPRO FINANCE has a dedicated team committed to support and maintain DeFi products across the FINPRO FINANCE chain, they would also be involved in marketing and the launch of new DeFi products. This would help grow its biosphere while spontaneously delivering desirable gains to the community, project, and users. Whitepaper - 2021 Version v1.0 1 All Right Reserved By FINPRO FINANCE
The FINPRO token’s major use case will be as the only governance token for each product which will give holders a claim over the revenue generated by those products. It will be a platform for staking FINPRO tokens while the FINPRO FINANCE team builds the marketplace and subsequently, the holders benefit immensely just from holding the token. ABSTRACT The Binance Smart Chain (BSC) adoption has been growing exponentially during the first quarter of 2021. The most significant difference with the Ethereum Blockchain is BSC’s up to 100 times lower price of gas. This fact makes BSC accessible to virtually anyone, while Ethereum can only be used by the selected few who can afford the high transaction costs. Traditional asset classes have yet to enter this globally accessible network. Real-world asset tokenization on BSC has the potential to break down those high entry barriers. We present FINPRO FINANCE, a protocol that allows anyone to trade synthetic assets that track real-world assets' performance. The protocol enables trading these assets in a decentralized way by using liquidity providers. These providers will earn rewards for providing liquidity into the protocol's automated market maker smart contracts. THE FINPRO DAPP The FINPRO SWAP allows anyone to exchange both Asset-Backed Tokens and Synthetic Tokens on the Binance Smart Chain. BEP20 tokens can be swapped in a decentralized way by interacting with liquidity pools. Users can stake any arbitrary pair of BEP20 tokens into the respective pool, and the platform will generate an LP token in exchange. LP token holders will receive rewards for each swap between the pairs. In this section, we will detail the different characteristics of the FINPRO FINANCE. Whitepaper - 2021 Version v1.0 2 All Right Reserved By FINPRO FINANCE
DEX & LIQUIDITY POOLS The concept of liquidity pools was originally introduced by Uniswap. Each liquidity pool is a trading facility for a pair of BEP20 tokens. When a new pool is created, both tokens start with a balance of 0. In order to allow swapping tokens in a decentralized way, liquidity providers must deposit an initial amount of each token. This first liquidity provider will define the initial price of the liquidity pool. They are incentivized to set the real-world exchange rate for the pair of assets. Otherwise, a profitable arbitrage opportunity would exist, which will be likely to be taken by an external party. All subsequent deposits on the pool must stake an amount of tokens proportional to the current exchange rate price. Liquidity providers receive a unique token that represents the Pair Liquidity Pool (LP-Token). These tokens are minted and sent to the address of the depositor. When the liquidity providers decide to take back their tokens, the LP-Tokens are burned. This process will transfer back to them their proportion of the liquidity pool, plus their proportional reward for each transaction that took place on the pool. LIQUIDITY POOL FARMS In order to foment the creation of liquidity on specific pairs of tokenized assets, FINPRO DAPP will provide Farms and Pools. They will allow users to stake their liquidity tokens and, on top of the fee distribution rewards, users will earn Mars Swap’s Governance token: FINPRO . At launch, FINPRO DAPP will offer farms for BUSD and Mirror Protocol's synthetic tokens. Whitepaper - 2021 Version v1.0 3 All Right Reserved By FINPRO FINANCE
INSTA BORROWING & SWAPS FINPRO DAPP has native support for INSTA BORROWING & SWAPs. INSTA BORROWING & SWAP s (internally called Flash Swaps) allow users to withdraw up to the total reserves of any token on FINPRO DAPP and use it to Execute arbitrary trading logic at no upfront cost, provided that by the end of the transaction, you either: • Pay for the withdrawn tokens with the corresponding pair tokens. • Return the withdrawn tokens along with a small fee. INSTA BORROWING & SWAPs are incredibly useful because they obviate upfront capital requirements and unnecessary order-of-operations constraints for multi-step transactions involving FINPRO DAPP. INSTA BORROWING & SWAP s will allow users to benefit from arbitrage opportunities, which will help keep the prices of the tokenized assets in line with the real-world assets while also increasing the number of transactions and rewards for Liquidity Providers GOVERNANCE BASED MIGRATIONS FINPRO DAPP can be upgraded by using its Governance protocol. Instead of being unilaterally able to migrate liquidity pools, any migration must be approved by FINPRO token holders. This strategy will allow FINPRO DAPP to evolve and keep growing while ensuring that any change is beneficial for the token holders. The governance contract is behind a Timelock contract, so FINPRO holders who disagree with a voting result will have time to exit the Pools. Whitepaper - 2021 Version v1.0 4 All Right Reserved By FINPRO FINANCE
TOKENOMICS & SALE The FIN token’s major use case will be as the only governance token for each product which will give holders a claim over the revenue generated by those products. It will be a platform for staking FIN tokens while the FIN FINANCE team builds the marketplace and subsequently, the holders benefit immensely just from holding the token. TOKENOMICS Token Name: Finpro Finance Token Symbol: FIN Decimal: 18 Max Total Supply : 10 Million FIN Initial Supply: 2.3 Million FIN Platform: Binance Smart Chain Token Type: BEP-20 TOKEN SALE PRE SALE PRIVATE SALE TOKEN SALE (FIN) 8.5% (8,50,000) 10% (1000,000) CAP (BNB) 336.60 336.60 PRICE (USDT) 0.45 0.50 1 BNB ~ 746.66 FIN 672 FIN DURATION 15 DAYS 15 DAYS Initial Liquidity 23% * Actual Data May Vary From BNB Current Price. A 2% Transaction Fee Will Be Applied On All (Buy & Sell) Transactions. It Will Be Equally Distributed Among FIN Token Holders In Their Wallets For 30 Days. (The Token Should Hold On To The Wallet Only. Not On Stake Or Farm.) Whitepaper - 2021 Version v1.0 5 All Right Reserved By FINPRO FINANCE
TOKEN ALLOCATION FINPRO FINANCE will be a universal home to a multitude of unique financial products. FINPRO FINANCE products will be linked to its token, the FINPRO Token, in the quest to re-create the true meaning of DeFi finance. 10% 23% 8.5% 10% 3.5% 12.5% 25% 7.5% TOKEN ALLOCATION PRE- SALE: 8.5% PRIVATE SALE: 10% FOUNDERS: 10% TEAM/ADVISOR/DEVELOPMENT: 12.5% MARKETING: 7.5% STAKING/FARMING: 25% AIRDROP: 3.5% LIQUIDITY: 23% Whitepaper - 2021 Version v1.0 6 All Right Reserved By FINPRO FINANCE
TOKEN ALLOCATION USE FINSWAP to Farm FIN Token FINPRO FINANCE will be a universal home to a multitude of unique financial products. FINPRO FINANCE products will be linked to its token, the FINPRO Token, in the quest to re-create the true meaning of DeFi finance. Initial Liquidity 23% Marketing 7.5% Token will Release Gradually. Pre Sale 8.5% Token Avaliable fo Pre-Sale. Private Sale 10% Token Avaliable fo Private-Sale. Public Sale 100% at Launching. Aiedrop 3.5% Token Available for Airdrop. Farms & Staking Disbursed to Stakers . Whitepaper - 2021 Version v1.0 7 All Right Reserved By FINPRO FINANCE
ROADMAP Q1 2021 Q4 2021 Q2 2022 Q3 2021 Structural Plan & FINPRO FINANCE FIN DAPP Launching On Setup For Finpro Ecosystem Strategic Development & Other Decentralised Finance Advanced Partnership With Launching. Exchanges. DeFi Platform. Binance & Ethereum Community. 2021 2021 2021 2021 2021 2022 2022 Q2 2021 Q3 2021 Q1 2022 Decentralized Pre-sale & Pancake FIN Blockchain Applications Swap Listing. Development. Development For Marketing & Airdrop Swapping, Farming, Distribution for Staking & Borrowing Of Community. Crypto. Powered By Binance Smart Chain CONTACT US WEBSITE http://finpro.finance TELEGRAM https://t.me/finproofficial INSTAGRAM https://www.instagram.com/finprobinance MEDIUM https://finproswap.medium.com TWITTER https://twitter.com/FinproSwap YOUTUBE https://bit.ly/3tVzTMv Whitepaper - 2021 Version v1.0 8 All Right Reserved By FINPRO FINANCE
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