What Is Treasure Token Finance (TREASURE)?
Treasure Token Finance is revolutionizing the way we invest in cryptocurrency. They offer investors exposure to a wide array of assets, accessed only through holding $TREASURE. Profits from the portfolio will be used to buy $TREASURE and permanently burn them to provide a deflationary function.
Treasure Token Finance Storage Key Points
|Coin Name||Treasure Token Finance|
|Circulating Supply||400,000,000.00 TREASURE|
|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|
Treasure is the latest ERC-20 Token
Treasure Token Finance is a decentralized ecosystem, focusing on a venture capitalist approach, founded by some of the biggest names in the industry. Your team is experienced in running projects with Market Caps in excess of $1billion. Your goal is to implement a DAO approach, with transparency being your highest priority — something that’s rarely the case with VC’s. They’re building a community-owned, decentralized financial infrastructure, hell-bent on providing more stability and transparency to the space.
How is Treasure Token Finance secured & governed?
This aim at becoming a fully Decentralized Autonomous Organization where all decisions are made by the community. While this is not an effective way to start an ambitious and multifaceted project like yours, they are actively working towards that goal. Your chief concern in protecting the investment and voice of your community and governors is the management of decisions and the responsible administration of your treasury.
In its current form, Treasure Token Finance is run through snapshot, using suggestions taken and curated from your Discord as your method of proposal. Your treasury is held in a multi-signature wallet which requires 3/4 key holders to participate in any withdrawal of funds for any purpose, restlessly. You can read more about this here.
Why is Treasure Token Finance uniquely positioned to achieve its mission?
If you’re new to Treasure Token Finance, here’s a quick breakdown of a few things that uniquely position to succeed amidst the sea of OHM forks:
- An extremely dedicated, world-renowned team of developers, strategists & crypto veterans
- An innovative, cross-chain approach that seamlessly connects & harnesses the untapped potential of the Fantom and Moon river network while building on the success of Olympus DAO
- An unwavering commitment to community, transparency & educating the public every step of the way
- A clear vision of FHM’s utility as a sanctuary to park funds during waiting periods that can also generate passive income for holders
- A first-of-its-kind proof-of-burn revenue generation strategy that makes a truly unique OHM fork
What is Staking
The best way to participate in Treasure Token Finance is to either stake or bond with. This is a project with a long-term vision. By having users contribute to the protocol through these two value accrual mechanisms, they get the best shot at succeeding – and you get the best shot at astronomic gains. In a nutshell Stake for easy passive income, bond for discounted FHM tokens. If you’re interested in earning a passive income from holding FHM, it’s important to understand how staking works. Staking is your key to passive income and the primary profit/value accrual strategy of DAO.
It is primarily suited to long-term investors who have the patience to let profits accrue and compound over time. Regardless of short-term price volatility, staking ensures you collect an income that will likely offset any fluctuations in the market. Stalkers stake their FHM tokens on Treasure Token Finance Website to earn rebase rewards. The rebase rewards come from the proceeds from bond sales, and can vary based on the number of FHM staked in the protocol and the reward rate set by monetary policy.
Staking is generally seen as a passive, long-term strategy. The increase in your stake of FHM translates into a constantly falling cost basis converging on zero. This means even if the market price of FHM drops below your initial purchase price, given a long enough staking period, the increase in your staked FHM balance should eventually outpace the fall in price, which means a falling market price should not be overly concerning.
How it works
When you stake, you lock FHM and receive an equal amount of sFHM. Your sFHM balance rebases up automatically at the end of every epoch. sFHM is transferable and therefore composable with other DeFi protocols. When you unstake, you essentially burn sFHM and receive an equal amount of FHM. Unstaking means the user will forfeit the upcoming rebase reward. Note that the forfeited reward is only applicable to the unstacked amount; the remaining staked FHM (if any) will continue to receive rebase rewards.
One of the best ways to learn how staking works, is to put it to the test and try it out for yourself! When it comes to rebases and earning passive income, it can take a while to wrap your head around it all – but give it a go and you’ll be earning passive income in no time.