About Avarice
Avarice is designed to provide maximum benefit to the stakers. Users will buy AVC tokens with BNB on our easy to use dApp. They can then stake their tokens to earn interest paid in AVC along with their share of the BNB dividends from the daily auction lobby. Users can make as many stakes they want for as long as they want up to a maximum of 300 days. The longer the stake, the more interest you earn, all while enjoying staking bonuses along the way. Simple.
Avarice is a cryptocurrency project that has been created expressly to benefit its stakers as much as possible. Users can purchase AVC tokens with BNB on an intuitive decentralised application (dApp) if they are interested in passive income. After making their purchase, consumers can bet their tokens on the Avarice platform to receive interest that is paid in AVC.
Additionally, stakers are qualified for a portion of the daily BNB dividends paid out from the auction lobby. This makes Avarice a potentially profitable investment possibility because stakers can profit from both interest on their tokens and a portion of the platform’s revenue. Avarice’s overall goal is to give people a simple, accessible platform for using cryptocurrencies to generate passive income staking.
Avarice Wallets Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | Avarice |
| Short Name | AVC |
| Refer A Friend | 5% |
| Max Supply | N/A |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
What makes Avarice successful?
The daily dividend payout is split as seen, over a period of time.
For example, assuming day 3 ended with a 100 BNB entry, that BNB will be divided by 3 as it’s day 3, and split out over 3 days in chunks of 33.3 BNB. Another example; day 10 ends with 100 BNB, and these BNB are split into chunks of 10 which are sent out over 10 days. As the days go on and the pools grow in size, these dividends will keep going and adding allowing for much stronger and stable payouts! This caps at day 60. This also ensures that our project can live a longer lifespan and adds to the game theory behind the staking of the tokens themselves
How do you get AVC tokens
Participate in a daily auction and swap your BNB for AVC tokens. Tokens will be disbursed to your wallet at the end of each day.
Refer your friends and earn 5% of their auction payout.
Stake AVC to earn daily interest on your stake. The longer you stake, the more interest you will earn through our staking bonus system.
How does Staking System works?
Users will accrue daily interest based on the number of AVC tokens they have staked. They will also receive dividends paid in BNB. This amount will vary on the amount of BNB in the lobby on each day of their stake and also on how big their stake is. The more you stake in relation to everyone else, the more you will earn. This is automatic and controlled by audited smart contracts.
Features
Referral System
Avarice has a grate referral system that rewards both referer and the referred user. everyone wins when using a ref link! There’s zero reason NOT to use one!
Secure
Avarice smart contract is verified and audited. Rest assured you can trust your funds are safe
Social Media
Get all the latest updates and connect with other active members of the community using Telegram and Discord
Mobile Optimized
On the go? The Avarice platform is optimized for mobile use. supporting all of the platform features on your smart device.
Fast and Cost-effective
Thirdly, Avarice is built on the Binance Smart Chain, which is a fast and cost-effective blockchain network that enables users to make transactions quickly and cheaply. This means that users can buy, stake, and withdraw their AVC tokens with ease and without incurring high transaction fees.
User-Friendly
Finally, Avarice has a user-friendly interface and provides its users with helpful guides and tutorials to make the staking process as accessible as possible. The platform also has a responsive customer support team to assist users with any issues they may encounter.
Conclusion
In conclusion, Avarice is a promising cryptocurrency staking platform designed to provide maximum benefit to its users. The platform allows users to purchase AVC tokens with BNB through an easy-to-use dApp and stake their tokens to earn interest paid in AVC. Additionally, stakers are entitled to a share of the daily BNB dividends distributed from the auction lobby, providing an additional source of income.
Avarice is built on the Binance Smart Chain, which is a fast and cost-effective blockchain network that ensures smooth and low-cost transactions. The user-friendly interface and helpful guides make the staking process accessible to all, while the responsive customer support team ensures any issues are promptly resolved. Overall, Avarice offers a potentially lucrative investment opportunity for those looking to earn passive income through cryptocurrency staking.
FAQ
How do I start staking on Avarice?
To start staking on Avarice, users need to first purchase AVC tokens with BNB through the dApp. Once the tokens have been acquired, they can then stake them for a chosen duration to earn interest paid in AVC. Users are also entitled to a share of the daily BNB dividends generated by the platform’s auction process.
How is the interest rate determined?
The interest rate is determined by the amount of tokens staked and the duration of the stake. Longer stake durations typically yield higher interest rates.
How are the BNB dividends distributed?
The daily BNB dividends are generated through an auction process where users can bid BNB to win a share of the dividend pool. The dividends are then distributed proportionally to the amount of AVC that each staker has staked.
What is the minimum amount of AVC required to stake?
There is no minimum amount required to stake on Avarice. Users can stake any amount of AVC they choose.
Is there a lock-up period for staked tokens?
Yes, there is a lock-up period for staked tokens. The duration of the lock-up period can be selected by the staker and determines the interest rate earned. The longer the lock-up period, the higher the interest rate.
