What is TRIFORCE?
TRIFORCE is a decentralized protocol that seeks to encompass multi-functional mechanisms using its deflationary token $TFC.
- Automatic liquidity generation.
- Frictionless rewards to token holders.
- Automated rebalancer function.
- Token burn.
This is driven by TRIFORCE — TRIad of Fee levied On each tRansaCtion.
$TFC Transaction Fee
- On each transaction (sell, buy, and transfer) of $TFC, the following fees are levied.
- 3% Liquidity Fee (to automatically generate liquidity).
- 3% Tax Fee (to reward holders).
- 3% Burn Fee (to decrease the supply and create higher market price).
- Example: (For a transaction to buy 3333 tokens)
- 99.99 tokens as a fee to automatically generate liquidity.
- 99.99 tokens as a fee to reward holders.
- 99.99 tokens as a fee to burn.
So, the buyer receives 3333- (99.99 + 99.99 + 99.99) = 3033.33 tokens.
Mechanisms of $TFC
1. Automatically Generates Liquidity
- Apart from the liquidity pool created initially, $TFC provides for generating liquidity with the help of its transactions.
- Whenever someone sends a transaction using the $TFC token, 3% of that transaction is sent to the token contract. (3% liquidity fee)
- Over time, the stored $TFC tokens accumulate until they reach a threshold (set as 10,000 $TFC).
- Once this threshold is reached, half of the stored $TFC is sold in the market for $BNB.
- The $BNB and remaining half of $TFC is then used to create a Pancake LP token. The LP token is then stored inside of the contract where it is secure and can never be transferred out.
- Over time, the liquidity stored inside of the contract grows bigger and bigger, which creates a price-floor for $TFC.
- Since this step is a high-gas transaction, whoever happens to initiates this transaction is automatically rewarded with 200 $TFC tokens.
2. Frictionless rewards to holders
- $TFC token benefits every holder with a charge of 3% fee in every transaction on the blockchain, redistributes to every wallet holder automatically based on the amount of $TFC token in their wallets.
3. Token burn on each transaction
- 3% of tokens involved in every transaction on the blockchain are burned forever to increase demand and create a higher market price.
4. Automated Buy Backs
- Apart from the above, $TFC ensures that its price is constantly increasing in value against $BNB. For this, it uses a salient mechanism called Rebalancing which is executed after one hour (automatically initiated by a transaction from a token holder holding more than 1000 $TFC tokens).
- The protocol removes 3% of the liquidity (Pancake LP tokens) locked inside the contract. This is broken down into $BNB and $TFC.
- The $BNB so obtained is used to market-buy $TFC.
- 95% of these $TFC tokens are burned and the rest 5% of $TFC is rewarded to the caller of the transaction which invokes the rebalancer (since it is a high-gas mechanism).
The result is a balanced liquidity pool at a higher market price. It ensures that $TFC price is constantly increasing in value against $BNB.
Considering Ethereum’s heavy gas fees and subsequent congestion that pains us on Uniswap, the near costless PancakeSwap platform offered on BSC will allow us to perform these mechanisms with a low gas fee and less congestion.
With the combined FORCE of TRIad of fees, TRIFORCE seeks to incentivize HOLDERS and create a base to expand its utility towards a grand vision.
- The TRIFORCE ecosystem will be a two token system with TRIFORCE($TFC), its farm token Pyukumuku($pYUK) and will also include NFT’s.
- In short, the users will have the following options:
- Stake $TFC to earn more $TFC, NFT’s and an opportunity to get into the private sale of the farm token $pYUK.
- Stake $TFC to farm $pYUK
- Stake $pYUK to farm NFT’s via a point system
- More elaborate details of the $TFC staking rewards, the farm token $pYUK, and the NFT marketplace will be updated.
- We have an exciting series of activities planned for the future of the TRIFORCE Protocol.
- Forthcoming phases will be announced soon, as our team is finalizing key partnerships.
- Hardcap: 1400 BNB (via Private sale)
- Liquidity: 53.57% ( 1 year lock)
- Development/Team/Marketing: 46.43%
- Max Supply: 10,000,000
- Presale: 50%
- Liquidity: 23.8 %
- Staking Rewards: 26.2 %
- Presale Price: 1 BNB = 3546 $TFC
- Listing Price: 1 BNB = 3173 $TFC
Buy TFC here (use 10% slippage): https://v1exchange.pancakeswap.finance/#/swap?inputCurrency=BNB&outputCurrency=0x339f6e1553E923FD27412dfaF18b5721EA580A15