First Smart Contract that work on Proof of Hold & Hold to Earn
Unique designed Staking, Compounding, Reflection and Referral at next level of WEB3 Technology.
14 July to 21 July
TBA
iDot will launch as first project inside of Obsidium Ecosystem and will benefit of it's technology, as "0" Initial Supply. As Obsidium Ecosytem propose, we apply. As part of Obsidium Community, you will be part of Generating iDot Initial Supply. Proof of Hold and Hold to Earn will generate and reward with new tokens at every 24 hours it's holders.
As part of Obsidium Ecosystem, iDot is offering security, stability and sustainability. iDot as Fuel of Obsidium Ecosystem, will facilitate education, research, and continued development.
Initial Supply is generated by Obsidium Community by taking part in Generating Process.
As it's ecosystem, iDot will be pegged to it's Maximum supply of 14,500,000. When maximum supply will be reached, Hold to Earn proccess will end.
iDot TAX Transaction that is collected will be used by it's contract to purchase Obsidium and redistributed to all iDot Holders.
By simple holding and not selling iDot Token, at every 24 Hours you will receive more iDot Tokens plus will benefit of it's Auto-Compounding.
A Halving Mechanism has been integrated in order to reduce future stable APY income, at halving period where the rewards APY are divided into two.
You and your referee can enjoy the benefits. You will receive 1.0% of their tax fees while they receive a 0.4% discount on tax fees!
The Rebase Pool acts as a liquidity reserve, preventing this from occurring during a sharp sell-off.
Obsidium Ecosystem will use it's Capital Fund to back, save or rebounce any project in it's ecosystem.
As we've been named with the pseudonym of "Obsidium Fuel", iDot will use a small percentage of TAX Collected from any Market Order to Back Obsidium Capital and it's Assets. By that, Obsidium Treasury will increase in time along with Obsidium Investments.
As iDot has been named the Fuel of Obsidium Ecosystem, iDot itself will do not collect any of the TAX but re-distributed to iDot holders as Dividend in form of Obsidium Tokens + iDot Tokens by it's technology of Proof of Hold & Hold to Earn.
Informations about TAX Mechanism and how is distributed in detail can be found here: https://docs.idot.finance/tax-mechanism
Facilitate education, research, and continued development of the OBS Ecosystem to increase understanding of the public benefit of an incentive driven Web3, DeFi and Metaverse Ecosystem.
More than just a standalone, iDot is accelerating an entire Obsidium Ecosystem and it's DeFi innovation.
