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WHITE PAPER www.silvercointoken.com SILVERCOIN (SLVC)
CONTENT SHEET THE COMPANY What is Yield Farming? What is staking in crypto? What is SILVERCOIN? How to Buy SILVERCOIN? How it Works with Metamask? Who we are? Tokenomics Future Plans
WHAT IS YIELD FARMING?
At its core, yield farming is a process that allows cryptocurrency holders to
earn rewards on their holdings. With yield farming, an investor deposits
units of a cryptocurrency into a lending protocol to earn interest from
trading fees. Some users are also rewarded with additional yields from
the protocol’s governance token.
Understanding, liquidity pools, liquidity providers and automated market
maker model.
Yield farming works with a liquidity provider and a liquidity pool (a smart
contract filled with cash) that powers a DeFi market. A liquidity provider is
an investor who deposits funds into a smart contract. The liquidity pool is
a smart contract filled with cash. Yield farming functions based on the
automated market maker (AMM) model.
This model is popular on decentralized exchanges. AMM eliminates the
conventional order book, which contains all “buy” and “sell” orders on a
cryptocurrency exchange. Instead of stating the price that an asset is set
to trade at, an AMM creates liquidity pools using smart contracts. These
pools execute trades based on predetermined algorithms.
Yield farming generates higher returns than some traditional fixed
income options, but it comes with its own set of risks and volatility.
You can stake or lend your crypto assets in your wallet for a set period
of time and be rewarded in the form of the crypto.
WHAT IS STAKING IN CRYPTO?
Staking cryptocurrencies is a process that involves buying and setting
aside a certain amount of tokens to become an active validating node for
the network. By simply holding these coins, the buyer becomes an
important piece in the network’s security infrastructure and is
compensated accordingly.
Staking income is offered in the form of interest paid to the holder, while
rates vary from one network to the other depending on several factors
including supply and demand dynamics.
As the number of PoS-based networks continues to grow, new
alternatives to stake crypto have emerged including the launch of group
staking, also known as staking pools, staking providers, and cold staking.
Crypto staking has grown in popularity lately due to the attractive
rewards crypto holders receive from this activity.
WHAT IS SILVERCOIN?
Innovative Trade Unit
Financial instrument
The Decentralized Network
Store of value
people’s money
Silver Coin is a product in Decentralized Finance (Defi) that provides users
with a particular store of value with better returns than a token that has
been created on the Binance Smart Chain (BEP20). The token is
maintained by various independent developers and is governed by its
holders. A Decentralized Finance Mechanism that will evolve into an
Evolutionary Exchange in the future.
Our vision to build a decentralized token that can be used as trust and
store of value among fellow People.
its inception, Silvercoin (SLVC) has done things uniquely. With the total
supply of 2,00,000 Coins
Silvercoin has authenticity of verification from the Binance Smart
Chain.HOW TO BUY SILVERCOIN? PancakeSwap is a decentralized exchange that allows you to trade cryptocurrencies and tokens without the use of a centralized intermediary while maintaining custody of your tokens. Pancake swap is the perfect place to buy and sell SLVC COIN, but will soon be available on many exchanges globally. It is built on automated smart contracts and deployed on Binance Smart Chain (BEP-20) , the blockchain platform that run and maintained by the Global cryptocurrency exchange giant 'Binance'. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. Because SLVC COIN is a decentralized trade unit, we always encourage people to use the decentralised exchange. If you decide to use other decentralized exchanger instead of using pancake, make sure you do your homework first to ensure that it is both safe and secure.
WORKS WITH METAMASK? Create MetaMask wallet Create a MetaMask Wallet using either a desktop computer or an iOS/Android mobile device. That will allow you to buy, sell, send, and receive SLVC. Add BEP-20 Smart chan on your wallet You need to add a Bep-20 smart chain on your Metamask Wallet.Know more Send BNB to your wallet You can transfer Binance Coin (BNB) directly on your MetaMask wallet from exchanges like Coinbase, Binance, etc. Make sure to use the BEP- 20 network when transfering BNB. Connect your wallet to PancakeSwap Access your wallet to PancakeSwap by clicking ‘Connect to a wallet’ and selecting MetaMask or Trust Wallet Swap BNB for SLVC You can start swapping as soon as you have BNB available! Press ‘Select a token’ and enter the token address or search for it on the tokens list.
WHO WE ARE? We are a group of developers working for the past 5 years in the Crypto space. As we all witnessed the huge bull run in past months. This gives us proof of the real potential of Cryptocurrency. Traders and holders have made huge returns from this. Our team has decided to create a token take contributes to the public perspective.
TOKENOMICS
SMART CONTRACT ADDRESS
https://bscscan.com/token/0xaede5584c3020289285bcc8
a5e10b2ac35c1007d
Binance Smart Chain BEP-20
B S C SCAN
VERIFIED
APPROVEDPLANS FOR THE FUTURE
May 2021
Draft creation of SILVERCOIN (SLVC)
June 2021
Managed Funding for project SILVERCOIN (SLVC)
July 2021
Pre-Launch of SILVERCOIN (SLVC) 12-july-2021
Listed on Coinsniper and Coinvote.
August 2021
Submissions processed on CMC & CG of SILVERCOIN (SLVC)
Crypto Exchange Listings process
September 2021
Massive Expansion of token as store of value.
January 2022
Pre-launch of crypto Exchange.You can also read
