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HomeCOINSWhat Is IceCubes Finance (ICUBE)? Complete Guide Review About...

What Is IceCubes Finance (ICUBE)? Complete Guide Review About IceCubes Finance.

What Is IceCubes Finance (ICUBE)?

Following the successful roll out of IceSlush Finance (Layer 1), the introduction of IceCubes Finance Finance (Layer 2) represents the latest and most modern decentralized, safe and highly rewarding yield farming protocol on the Avalanche network. IceCubes Finance aim is to provide a safe and rewarding yield farming experience for all your community, as they strive to become one of the leading DeFi protocols on Avalanche.

IceCubes Finance have been carefully curated through much deliberation and with the introduction of several core functions, they believe that IceCubes Finance has the potential to deliver a resilient and sustainable yield farm, one that would greatly benefit your beloved community.

IceCubes Finance Storage Key Points

Coin BasicInformation
Coin NameIceCubes Finance
Short NameICUBE
Circulating Supply600.00 ICUBE
Total Supply600
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Distribution from Emission

The development wallet will receive 10% of the emission rate. This will be used on various avenues, including partnerships, marketing and team allocation, whilst part of it will also be burned. This breakdown is detailed below.

Withdrawal Fees

For native Farms on IceCubes Finance, no fees will be charged. This feature is designed to encourage and to maintain the price of $ICUBE, with high emphasis on high yields and zero fees. However, they will be introducing a 4% withdrawal fee on non-natives (as opposed to the typical deposit fee), which will enable investors to earn more rewards on their initial capital since their staked amounts are not immediately reduced. A summary is detailed below.

5% of each newly minted $ICUBE will be automatically burned when the harvest function is called upon. This helps reduce circulating supply and mitigate potential sell pressure, which will translate towards better $ICUBE price performance.

Withdrawal Fees

For native Pools on IceCubes Finance, no fees will be charged. This feature is designed to encourage and to maintain the price of $ICUBE, particularly through high yields and zero fees. However, they will be introducing a 4% withdrawal fee on non-natives (as opposed to the typical deposit fee), which will enable investors to earn more rewards on their initial capital since their staked amounts are not immediately reduced. A summary is detailed below.

Stake $ICUBE to earn other tokens

Token holders will be provided with the opportunity to stake their $ICUBE to earn rewards in your Vaults. These rewards will be paid out in accordance with their respective pools, as compared to being paid out in $ICUBE. Typically, projects release Vaults after a few days from Farm Launch. However, they have decided to release Vaults prior to Farm Launch. The first Vault released is the SPELL Vault, where users are able to stake $ICUBE or $SLUSH to earn $SPELL.

IceCubes NFTs

Whilst the initial focus will encompass the successful roll outs of Farms, Pools and Vaults, subsequent initiatives will all-encompassing, one which includes the potential incorporation of NFTs into the IceCubes ecosystem. Further details will be announced in due time. They will be using the same audited codes for your Layer 2, IceCubes Finance. Using the same codes which have previously proven to be safe and secure will help provide a greater piece of mind to all investors in IceCubes.

Ensuring Safe and Secure Deposits

IceCubes Finance top priority at IceCubes is and always will be investor safety and confidence. This aim to achieve this by providing a well curated project that is safe for all of your community to stake and earn, whilst your deposits remain safe and secure. Your contracts and codes have undergone rigorous testing. This has been done in an attempt to further enhance the likelihood of a 100% bug-free yield farm. Your MasterChef contract has also been modified to remove the infamous migrator code, guaranteeing that there is zero chance of a rug pull happening.

Furthermore, your codes were previously audited by Paladin for your Layer 1, IceSlush Finance (https://paladinsec.co/projects/iceslush-finance/). They will be using the same audited codes for your Layer 2, IceCubes Finance. Rest assured, they have done your very best and will continue to prioritize safety to keep your contracts secure and your funds safe.

Roadmap

October 2021

  • Listing on Ape O’ Clock
  • Token launch
  • RugDoc Review
  • RugDoc KYC
  • Listing on Dapp Radar
  • Listing on CoinMarketCap
  • Listing on CoinGecko
  • Listing on Vfat.tools
  • Banners and Sponsored Advertisements on RugDoc
  • Banners on Ape O’ Clock
  • Banners on Uncut Gems
  • Farm launch
  • Vaults launch
  • Marketing through project partnerships and collaborations

November 2021

  • Addition of more vaults
  • Marketing through further project partnerships and collaborations
  • NFTs launch (TBC)
  • Potential Layer 3 launch (TBC)
Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .