Finsteco Utility
Payment Currency
No Token - No Service
Within our ecosystem, the token acts as the exclusive payment method for our products and services. Anyone interested in accessing our diverse range of offerings will need to acquire tokens, thereby naturally integrating token demand into our platform. The token holds intrinsic utility within the project, providing various benefits that actively encourage users to obtain and retain it over time.
Smart Contracts
Demand based Tokenomics
One of the significant advantages of tokens is their programmability, allowing for the automation of processes through smart contracts. These contracts can execute specific actions automatically when predefined conditions are met, ensuring efficiency and reliability.
For instance, our token will incorporate several advanced smart contracts, such as Fee and Discount Contracts, Vesting Contracts, Staking Contracts, DEX Staking Contracts, Governance Contracts, and SBR Contracts, all of which play a critical role in our platform. For example, if a trader initiates a trade, the smart contract for fees and discounts will automatically calculate and apply the appropriate fees and discounts based on the trading volume recorded on the blockchain, all without manual intervention. This level of automation clearly highlights the token’s practical value within our ecosystem, demonstrating its effectiveness in managing complex transactions seamlessly.
Incentive Rewards
Bonus for Participation
While not everyone will have the opportunity to purchase tokens in the initial rounds, users can still easily acquire them on exchanges at a later stage. Additionally, we actively encourage broader community ownership by offering tokens as rewards for valuable contributions to the project.
For example, users can earn tokens by promoting our project on social media platforms. A user might receive 100 tokens simply for sharing a specific post, which not only rewards their efforts but also demonstrates our ongoing commitment to community engagement and fostering active participation from all users.
BENEFITS OF HOLDING PURCHASED TOKENS
More Utility
Staking
Extra rewards for Locking
Staking is a mechanism that provides users with a bonus for holding our token over a specified period. To participate, users must lock their tokens, which means they cannot be used or traded during this time. This approach is somewhat analogous to term deposits in traditional banking. The longer users stake their tokens, the greater the bonus rewards they can earn.
Staking provides users with added utility by allowing them to participate in governance and platform stability measures, receiving tokens as a means to enhance their user experience within the ecosystem.The increase in tokens is designed to enhance the user’s engagement with our platform while contributing to its overall stability.
Staking also contributes to the health of the project by reducing the number of tokens in circulation. As tokens are locked and temporarily removed from the market, the reduced supply can lead to a more stable token environment. However, it’s important to note that staking participants are not eligible for discounts on service fees within our ecosystem.
In addition to classic staking, anyone who owns our token can also become a liquidity provider. They can add tokens to the liquidity pool, for which they will receive a reward directly from the exchange. The concept of rewards is similar to staking, offering an additional and attractive incentive for token holders to actively support the platform’s liquidity and overall market health.
Liquidity Mining
Rewards from Providing Liquidity
Rewards for Holding
Get Significant Discounts and other Benefits
Many users want to buy a token but prefer not to stake it, as they don’t want to lock the token for a longer period of time. Instead, they use the tokens for trading or other transactions within our ecosystem, where the tokens must remain available for immediate use. The main advantage of holding our tokens is that our clients can get a discount on all fees.
The fees for FinStudio depend on the volume of transactions. The higher the volume of transactions an institution makes, the lower the fees. If an institution purchases our tokens in a certain amount, it can skip several levels and move to the one with lower fees. Our clients will also be companies that handle high volumes, so they will need to purchase tokens at a higher value to obtain a discount and move into the cheaper fee category.
All our token holders who choose to stake will also receive voting rights in addition to the bonuses from staking itself. Voting rights allow users to vote and make decisions on selected parts of the project. This gives users the opportunity to directly participate in voting on new functionality, the amount of fees, the amount of rewards, or the settings of individual mechanisms.