What Is Lyfe Silver (LSILVER)?
Like gold, silver has been used as currency for thousands of years. Lyfe Silver has always been used as an alternative currency and payment medium. People’s belief in silver is still running until modern times. Currently, silver is one of the largest commodity markets, hovering around US$1.5 T. In comparison, the global gold commodity market hovers at US$11.5 T, while the world Bitcoin market hovers at US$ 1 T.
The on-chain liquidity revenue captured by the platform is the most direct support for Bond Farming investors’ returns. Bond Farming is a structured method of liquidity mining, providing risk-free earnings to bondholders. By guaranteeing the principal and interests paid to the investors, Bond Farming has set a paradigm shift in liquidity mining. Lyfe Silver revenue generated by Bond Farming will first be used to repay the investors and then reward market makers.
Lyfe Silver model not only greatly improves the efficiency of capital utilization, but also provides participating parties with investment options that meet their usage needs based on DeFi’s on-chain smart contracts, making it a cutting-edge innovation in the DeFi on-chain liquidity space.
Lyfe Silver Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Lyfe Silver |
| Short Name | LSILVER |
| Circulating Supply | N/A |
| Total Supply | 500,000 |
| 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 |
Silver Investment
Lyfe Silver have long been used as state reserves. However, since 1970, the world’s silver reserves have consistently declined. The scarcity factor is one of the factors that makes silver prices much more volatile. A slight surge in demand from parak can push silver prices up, and vice versa. The project side and the professional market makers using iUSD are the investors who seek a high-risk appetite and high return profit margin.
Here also draws on an important investment model in traditional finance – a multi-tiered investment product that provides a stable low return for investors with low-risk tolerance and a volatile high return option for investors with a high-risk appetite. Lyfe Silver the Bond Farming designed by Finance, institutional investors who provide investment funds directly through the purchase of bonds are said to be the investors who seek stable income in this system.
Silver Storage Solution
The price of silver is relatively much cheaper than gold, making silver investment quite troublesome. Lyfe Silver 1 kilogram of pure gold is equivalent to 65 kilograms of pure silver. Silver also requires 2 times more storage space than gold. Based on the special token instrument and over-collateralization mechanism in the DeFi space, pioneered the first convertible bond denominated in USD – iUSD.
It is different from the well-known concept of USD stablecoin, and it abandons the systemic risk of algorithmic stablecoins, using transparent on-chain funds managed by smart contracts and multi-signature wallets as the over-collateral to back up the value of iUSD. And Lyfe Silver convertible bonds issued through Solv Protocol support investors to convert to tokens at a specific price at maturity, so that investors can also enjoy the potential investment return from iZi token appreciation.
Repayment Guarantee & Securities
- The funds raised will be stored in the multi-sig wallet co-managed by Solv, and Cobo. The wallet will then be used to add liquidity to the Uniswap V3 BIT-ETH pool vault on Lyfe Silver. At maturity, the fund will also be claimed through this wallet to maintain transparency for the use of the raised fu
- They will collateralize 8 million USD worth of iUSD tokens.
- They will use the Treasury wallet to sign the Repayment Statement via EthSign. Lyfe Silver At maturity, promises to repay the principal and the interest.
- A smart contract has been audited by Certik and Blocksec.
On-chain Security
Lyfe Silver Bond Farming’s security is fully backed by Cobo Safe. Cobo Safe is DaaS in the smart contract-based environment, powered by Gnosis Safe. It solves the limitations of existing multi-signature wallets by letting teams collaborate in accessing DeFi protocols without sacrificing efficiency for security. Lyfe Silver focus is on role delegation and risk management through limiting operators’ access to protocols, actions and even controlling the parameters to granular trading pairs and limits.
Lyfe Silver risk-mitigated team collaboration supports custom workflows and creates a more efficient multi-signature access to DeFi where asset owners can give pre-defined operational controls to their team in a trust-less environment.
