What Is SIRIO (SIR)?
SIRIO At believe that holders can play a much more central role in the world of crypto by being an integral part of the project and making decisions every step of the way regarding Sirio’s development. To this end, goal is to create an active, responsible and participatory community involved in all decisions which affect the future of the project
There will be events scheduled to keep in touch with the community and to evaluate all proposals. In addition, there will a mailing list so members can receive updates via e-mail All eventual profits derived from the various investments made by Sirio via the Community Wallet will be re-invested into the community, who will then decide what action will be taken; for example: redistribution of tokens, staking, burns, etc.
SIRIO Storage Key Points
|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|
|Official Project Website||Click Here To Visit Project Website|
SIRIO The token was designed to be a community-managed investment token with all eventual profits being redistributed to our holders. Part of the fees from buying and selling will go into the Community Wallet, which is the core of our project. community can go to our website to vote on projects and proposals they support and based on the those results funds in the Community Wallet will be invested according to the wishes of our holders.
SIRIO Among the proposals set before our community will be targeted purchases of other cryptocurrencies, investments in start-ups, burns, events, advertising etc,. all of which will increase not only the value of Sirio token but the strength of community. There will be a blog on website in which experts from the various sectors listed above will be asked to present and evaluate investment proposals, analysing them along with the community in AMAs or on blog posts.
SIRIO Smart Contract has been created in a completely autonomous and original way and has unique characteristics for the Binance Smart Chain. Let’s start by describing the economic model that the token will adopt. The operation of Sirio is centered on the use of 3 wallets:
SIRIO Community Wallet is the core of this project and will be replenished at each transaction (buy / sell). What makes this wallet special is that holders will be able to decide how to use the tokens held there. Community members will be able to vote amongst themselves on the various proposals through the use of the Smart Contract on the website (siriotoken.com).
SIRIO wallet will be fully liquidated whenever a preapproved sum is reached, otherwise it will be liquidated after a set amount of time (decided on by the community) to use the funds more frequently and avoid accumulating too many tokens in this wallet. The investments, purchases and expenditures facilitated by funds from this wallet will increase the value of the token and have a beneficial impact on the
In order to create deflation and eventually give the token more value over time, we opted for a burn program to decrease the amount of tokens in circulation over time. *Burns will occur during pre-scheduled events. The burned tokens will be sent directly from the community wallet to the “dead wallet” where they will no longer be available to anyone.
SIRIO wallet will be used only and exclusively to cover the management costs of the project. No initial funds will be added to the wallet, but it will be replenished with a percentage after each transaction (buy / sell). Being a part of the Sirio community directly finances the technological development of the token.
SIRIO A percentage of the fees in the sale phase will be used to replenish liquidity, which is vital in order for Sirio token to maintain a stable presence on the various platforms (e.g. PancakeSwap). Liquidity will be locked and self-financed: replenishment will be automated and there will no longer be access to the LP (liquidity pool).
SIRIO Pools allows liquidity providers to add their tokens to liquidity pools. When they do, they will receive SIRIOFARM tokens (SIRIO Liquidity Provider tokens). For example if a user has deposited $ SIRIO and $ BNB in a pool, they will receive SIRIO-BNB SIRIOFARM tokens. These tokens represent a proportional share of the pooled resources, allowing users to claim their funds at any time.
SIRIO exchange allows users to exchange any BEP20 token for any other BEP20 token through automated liquidity pools. The liquidity provided to the exchange comes from the Liquidity Providers (“LP”) who place their tokens in the “Pool”; in exchange they get SIRIOFARM tokens (SIRIO Liquidity Provider) , which can also be staked on the “Farm