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Winve A World’s First Decentralized Finance platform for NFT Yield Farming at Binance Smart Chain.

CryptoCurrency Press Release

20th October 20214:39 pm

Lets Connect your community with Winve.io today and join the Wins token countdown! Wins token pre-sale launch starting very soon. approximately

What is Winve (WINS)?

In short, Winve is bringing to the decentralized finance table of a series of revolutionary solutions focused around BSC-721, The Non-Fungible Token — NFT Standards. WINVE inherits all innovative functions from current Decentralized Finance Platforms such as Decentralized Trading, Swapping using AMM supported by Liquidity Providers and adds new cool functions utilizing NFT.

The native token of WINVE is WINS token — Winve is a non-fungible Yearn platform, with the Non-governance Token.

Below are our most unique features of Winve Ecosystem:

Winve AMM powered Trading

Winve offers a Decentralized Exchange platform that is capable of swapping with the use of an automated market maker (AMM) model. On our AMM-based decentralized exchanges, the traditional order book is replaced by liquidity pools that are pre-funded on-chain for both assets of the trading pair. The liquidity is provided by other users who also earn passive income on their deposits through trading fees based on the percentage of the liquidity pool that they provide. The solution works across different blockchain networks very soon.

Wins Staking, Liquidity Providing

Wins protocol allows users to stake their various digital assets into different WINS staking pools to verify transactions, provide liquidity and earn WINS, the non-governance token of Winve. Our staking process will be the same as any other staking platform plus various new improvements powered by NFT.

NFT Yield Farming

By using NFT, WINVE allows stakes to be more dynamic. Instead of a stake being tied to a user’s wallet address, it is linked to a proof of ownership, transferable NFT. Meaning, when you become a Liquidity Provider and stake your tokens, you not only earn rewards but also receive an NFT of equivalent value. This is called NFT Farming. In detail, Winve adds a new layer of possibility to Liquidity Providers and Yield Farmers by letting them “move around” locked values of Liquidity Providers Token.

When you stake your WINS/BNB liquidity tokens in the Winve platform, the LP tokens are locked in the staking contract, but the value is not. The protocol will mint an NFT at the time of staking which will wrap the value you have locked in a transferable BEP20 token, an NFT. Your stake will be stored on-chain in the metadata of this NFT. There’s no need to unstake your locked assets, when you decide you no longer want to be a liquidity provider, you can go on the market and trade that NFT for the market value of the LP tokens along with the accrued rewards.

You can also unstake if you wish. When you unstake, the NFT is burned and staked funds plus unredeemed rewards will be transferred back to your wallet.

Future of  Wins Automatic Liquidity

Every transfer made with WINS must incur an 8% transfer tax. 6% transfer tax will also be added to the WINS-BNB liquidity pool through the contract to automatically and continuously raise the price floor. The liquidity will be locked and inaccessible. Before Wins is launched on AMM dex, the liquidity will be added on PancakeSwap then on Winve.

Wins Automated Burning

As mentioned above, each transfer of WINS must pay an 8% transfer tax. The 6% transfer tax will be allocated to automatic liquidity acquisition. The other 2% transfer tax will be burned immediately. The whole process is automatic.

Wins Anti-Whale Protocol

To limit Pump and Dump schemes initiated by Whales, transfer of more than 0.5% (current ratio) of the total supply will be rejected. As the total supply grows, this ratio will be reduced.

✔Deposit or withdraw tokens to the farms will not be subject to this restriction.
You can view the max transfer amount to your dashboard

Wins Harvest Lockup

Wins Harvest lockup is a unique and creative farming rewards lockup mechanism created by the Winve dev team. This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dumping. For example, the harvest lockup of the WINS-BUSD farm is 4 hours. It means that farmers who stake in the WINS-BUSD farm can only harvest (claim their rewards from farming) every 4 hours.

You can check the harvest lockup on each farm card.

✔To clarify, the harvest lockup only locks users’ farming rewards. The tokens and LP tokens staked in farms can be withdrawn anytime

To know more visit our website and social media platform to get update instantly.

Facebook – https://www.facebook.com/Winve-101794948916137

Twitter –  https://twitter.com/WinveOfficial

Medium – https://winve.medium.com

Reddit – https://www.reddit.com/user/Winve_

Telegram – https://t.me/iwinve

THE AUTHOR
Winve
Winve