|title||"NAR TOKEN SUMMARY"|
Unicorn is a magical creature that has been described as a myth by ancient writers. Unicorn is said to have a large horn that projects from its forehead. This feature likens it to Narwhale- a specie of Whale that has long tusked that sticks out from its teeth, lives in cold ocean in Canada, Russian and Greenland. The Unicorn has never been seen in real life. This differentiates it from the Narwhal, because Narwhal is real.
Narwhalswap is derived from Narwhal and regarded as real Unicorn In Binance Smart Chain (BSC).
Recently, the crypto ecosystem has experienced congested, expensive and slow activities on the Binance Smart chain (BSC).
These challenges are the main issues the Narwhalswap intends to tackle by extending the chain of Decentralised finance (Defi) crypto community system.
Narwhalswap also targets at attracting a number of different types of investors and developers into the BSC through their structured investor friendly inventions.
The Narwhale team has a good innovation that offers good return on the fund invested on the project by the investors. This will attract various levels of investors to the project.
These innovations will make NAR token to be sustainable and also stand the test of time. Unlike other tokens in the cryptosystem that fades away within a short period, like candle in the wind.
NAR holders have the opportunity to take part in decisions and proposals in the ecosystem, due to its equity and governance attributes. They also share from the yields on the growth of the project.
A total of 21,000,000 units of NAR token will be allocated and supplied to the system. These tokens will be allocated as follows : The team developers takes 2.5% for their contributions, 3.75% to DAO, pre-sales is allocated 7.5%, NAR token liquidity on Narwhalswap takes 5.25%, the bounty/airdrop participants will take 1%, while the core invertors/fund providers will share the remaining 80%.
Interface transfer of NAR token attracts a 5% interface fee.
Liquidation of Token;
The mode of interest yield has in recent times become the topic of discussion in the crypto ecosystem. Especially in Defi and AMM Yield Farming model. The investors used to deposit a pair of token in the liquidity pool (LP) in AMM projects. This, yields rewards from the transactions in the pool. The participant trader gets a reward from the yields of the pool. This is called Liquidity Mining.
Moreover, when new projects are introduced in the BSC, the trader is allowed to do pair staking in the popular tokens as in ETH and BTC. The popularity increases traders demand, which in turn results to high yields of the LP tokens.
This process causes inflation because of the demand and supply forces. Some projects model varies their tokens. This restrains the liquidity sustainability in the long run.
Narwhalswap management team profers a good solution to this issue and plans to improve the system sustainability. Their of liquidity mining platform allows other BSC projects (NLP) to join the network.
The other (NLP) tokens will be staked, these NLP tokens will earn NAR tokens which can be used in liquidity mining. This allows the other projects to be free to grow on their own. Thus, creating sustainability.
This mining process attracts more projects to the BSC, and this yields more rewards to the users. The users give in turn gives 10% of the rewards to the pool, which will be distributed to NAR holders.
Every investor needs good return on funds invested in any project. Narwhalswap (NAR) token has good investor friendly features which promises to yield good return on investment for the investors. It offers opportunity to crypto investors to grow their fund because of its viability.
For more insight on this outstanding project, visit the project links below;
🌐 Website: http://narwhalswap.org/
🐦 Twitter: https://twitter.com/narwhalswap
📖 Medium: https://medium.com/narwhalswap
Bitcointalk Username: Chidoskim
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2652432
Proof of Authentication: https://bitcointalk.org/index.php?topic=5279517.msg55637325#msg55637325"