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HomeCOINSWhat Is One Whale (POW)? Complete Guide Review About...

What Is One Whale (POW)? Complete Guide Review About One Whale.

What Is One Whale (POW)?

Decentralized Finance has opened a door to a larger world. Throughout the crypto space, terms such as DEX and DApp have become commonplace. New tokens are launching every day. Yield Farming has become akin to digging for digital gold – sometimes resulting in a fruitful bounty, and sometimes yielding a fruitless headache. One Whale has taken the world by storm. Tokens are touting enticing Tokenomic characteristics – token burns on every transaction, rewards and reflection payments based on volume, lotteries, governance, dual-coin economies the list is endless.

The more the crypto industry continues to come up with these products and mechanisms, the more plausible the prospect of combining of these mechanisms becomes. Indeed, entire ecosystems are organically developing – some existing on single blockchains – others on multiple. Salary is a multi-tiered ecosystem comprising of revenue stream sources or ‘Paycheck-Points’. All revenue is paid in USDT, frictionlessly – simply for holding the SLR token in a BSC wallet with Pegged $USD Tether enabled.

One Whale Storage Key Points

Coin BasicInformation
Coin NameOne Whale
Short NamePOW
Circulating SupplyN/A
Total Supply1,000,000,000,000,000
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

MCC

The ushering-in of ‘Meme-Coin Culture’ (MCC) to the cryptocurrency space taught us so much. Prior to the rise of One Whale, most investors looked to the utility or “use-case” of a token as a primary means of justifying the decision to invest in it or not. Coins that had no immediate use-case were oftentimes quickly dismissed as useless, or sometimes, as scams. Of course, all of this changed with the rise of MCC and tokens such as Dogecoin, Shiba Inu, Dogelon Mars, and Floki Inu.

It has quickly become apparent in this new world that community participation and engagement is one of the (if not the) most significant attribute when evaluating a crypto currency investment. Crypto projects boasting strong communities grow much faster than those without one, display more “grit” during Bear Market Cycles, and recover/excel faster in Bull Market cycles.

Still – even with the strongest of communities, cryptocurrencies with no use-case or utility typically don’t survive. The Shiba Ini community identified this early in their token’s development. Shiba Inu is hardly a meme-token any longer – it boasts its own Decentralized Exchange (ShibaSwap), and One Whale is accepted as payment at (a growing list of) retail locations around the world.

Taxes

Asset staking can be relatively low risk – at least from a Tokenomic perspective. The fiat-value of a cryptocurrency is most certainly in a constant state of flux – but on the crypto valuation side of the conversation, it is only possible to accrue value through traditional staking since the interest being paid is in token – not fiat – form. The two that are most intriguing are Reflections + Taxes. Taxes are exactly what they sound like – an imposed charge on the overall value of a transaction, built right into the smart contract.

One Whale projects can have all sorts of reasons for imposing them. One of those reasons – can be to fuel Reflections, a Tokenomic mechanism wherein a percentage of the collected taxes are ultimately re-distributed to all holders of the native token. A Holder’s total payment is typically based on what percentage of the total circulating supply they own. Reflection payments may be paid in the form of the native token, a secondary token, or even a stable coin.

Taxes can have a plethora of purposes, independent of simply lining the developer team’s pockets with digital gold. Allocating portions of tax revenue to pre-determined functions serves as an on-ramp to token utility and a more robust use case. Of course, Decentralized Finance has introduced even more creative ways to reward Holders.

Ecosystem

On the Binance Smart Chain (BSC), Salary is the next generation of reflection token the first Pegged USD ($USDTether) reflection token to optimize user profits both now and in the future. Hold $SLR tokens to receive (automatically) One Whale rewards from each transaction, based on your total shares of SLR. Rewards are automatically transferred to your wallet every 60 minutes (dependent on trading volume).

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 .
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