Bitchemical Decentralized Finance Platform
The world has recently experiencing a drastic evolution in blockchain technology. This technology is not limited to send and receive digital tokens rather now it is one step ahead and now the merging of finance in blockchain technology has created a next step development of technology and is called decentralized finance (DeFi). All the financial transactions which a centralized bank can serve to its users are now possible on blockchain with DeFi concept. And we are well aware that blockchain transactions are much faster, safe and also there is no need of third party involvement in transaction execution as such the user is not required to reveal his/her identity. So the fast, secure, anonymous and economic execution of transactions is the need of the hour and it it well accepted ans executed by this growing project called Bitchemical Decentralized Finance Platform.
What is Bitchemical?
Bitchemical is a Defi, swap ad NFT platform. This platform is using blockchain technology and has created a well-developed decentralized ecosystem where you can get access to latest innovations of blockchain technology. You can instantly swap tokens. Bitchemical is a decentralized platform that connects wallets and allows users to trade in the form of chemical products. They are developing their own chemical catalog platform to allow people create and sell their own chemical products. And they also have an up-to-date list of chemical products, which is a strong feature offered by them. Bitchemical will not be a traditional platform like other project platforms. It is more than that.This is a user-friendly platform. There are no hard and fast requirements to use the platform. No registration or account is needed, just join and do your transactions as per your requirements.
Bitchemical DeFi
Bitchemical DeFi is created to overcome the flaws and restrictions which are created by prevailing centralized system. You cannot do peer to peer transactions there is always a need of external forces to execute your financial transactions and most tedious job is that there are lots of formalities and decimations to be full filled. Also in centralized world you are forced to reveal your identity. But on the contrary Bitchemical lets users trade without the need to go through a Centralized Exchange. Everything you do on Bitchemical is routed directly through your own wallet—no need to trust someone else with your coins! The project will include a cross-chain DEX, a lending platform, and a staking platform.
Using BSC Network
Bitchemical is developed on binance smartchain. This platform is capable to provide high scalability as well as user’ fund security. The transaction fee is very low that is giving an opportunity to users of the platform to do frequent transactions to manage their crypto portfolio as per market trends. That will help users to take decision nick on time and shuffle their portfolio to avoid big losses. Bitchemical is a decentralized finance platform that does not require a membership, where you can buy and sell or swap the tokens you want via Binance Smart Chain (BSC) with your own wallets. This platform is providing most flexible way to swap your tokens, just connect your wallet and trade any token on BNB Smart Chain (BSC) in seconds, Bitchemical Trade is an Automated Market Maker (AMM), and the Exchange is at the heart of Bitchemical Trade. Bitchemical Trade is the leading AMM on the BNB Smart Chain, and as statistics tell, the most popular Decentralized Exchange (DEX) ever!
Earning opportunities
You can trade with the tokens which are created for chemical products on Bitchemical defi platform and earn high income by investing in pools. This platform allows its users to get access to DeFi applications and protocols to earn passive income. You can use liquidity mining and farming protocols of the platform to earn income from your assets which are stored in your wallets. You can invest in the pairs you want in Bitchemical platform’s liquidity pools application, and get passive income. Users can add liquidity to existing token pairs in the liquidity pool and earn passive income. They can also add their own tokens and create token pairs and list their own crypto tokens for their projects. Each liquid provider will provider platform’s native token BCHEC and the other token of his/her choice to do yield farming on the platform. The liquidity provider will be give LP tokens as per his share in the pool which he can use in yield farming to generate good revenue on the platform. Also there are various staking protocols on the platform where the holders of BCHEC token can stake their tokens and generate interest income that is called the passive income earning on the platform by using the tokens which are stored uselessly in your wallet. The users of the platform can redeem these tokens whenever they want by unstaking. There is full transparency in this system. The data is stored in users account and it is not possible to misuse or change the data by any manipulator or hacker. So the users of Bitchemical platform are enjoying best exchange, swapping and a sound ecosystem where they can transact freely with low fees and share their ideas and help the platform to grow rapidly. This platform has a sound algorithm. With each transaction of native token BCHEC, a portion of it is automatically reflected back to all BCHEC token holders. This means you earn more BCHEC just by holding BCHEC in your wallet. This platform is best place to earn passive income for everyone.
Consistency & Security
Bitchemical platform is designed to give mental peace to investors. This platform is taking care of users’ fund and providing surity that no one can hold too much of tokens so that there is any fear of dumping it. Each wallet can only hold 1.5% of supply. BCHECH contract buys back with 80% of it's value randomly every 5-10 minutes. The smart contracts of the platform are verified and regularly updated to counter DeFi manipulations and Flash loan attacks. 100% of BCHEC token’s original liquidity is locked, giving security and peace of mind.
Hyper-Deflationary
The smart contracts of Bitchemical platform have an inbuilt program where 4% of every transaction is immediately and automatically burned forever. That means with passage of time, the total supply will decrease. Further the innovative team is implementing solid future development strategies for the rapid growth of the platform, Also sound partnerships are going on to get hype in the market. That will make the project trendy in the market and more people will learn and join the platform. This will increase the number of transactions and will burn more tokens. This burning mechanism reduces the supply of Bitchemical tokens and makes them more valuable. Bitchemical’s circulating supply will eventually diminish, making it a rare and valuable token. Bitchemical’s burn rate is accelerated when more tokens are burned, making it an even rarer and more valuable token over time. Bitchemical’s unique burning mechanism makes it a great investment for long-term holders. In the long run there will be more demand and less supply. Here comes in equation the golden demand & Supply rule! The price will boom giving best opportunity to early adopters to book good profits and increase their crypto portfolio.
Supporting NFTs
NFTs are non-fungible tokens that exist on blockchain and operate in the decentralized ecosystem that means there is no third party impact on NFTs. No two NFTs can exact replace or interchange with each other. NFTs are unique and are scarce in number. The specialty of an NFT is that it can stay in a single address in a blockchain and forging of NFT is not possible. Using Bitchemical platform, you can create NFT's with your own chemical formulas and earn income by selling them on the platform. This platform is allowing users to create and store their NFTs without any fear of misuse. With every transaction of NFT on Bitchemical platform, the digital ownership is fully transferred to buyers as such the creator of the NFT will have no more control left and the buyer will use the NFT as his owned real asset.
BCHEC Token
BCHEC is the native & governance token of the platform. All the Defi applications & protocols of the platform are fully backed by BCHEC token.The holders of this token are the stake holders and can earn passive income by using the DeFi protocols of the platform. The holding of this token will allow you to actively take part in decision making protocols and help the platform to decide best future growth strategies and to add best features for the systematic & organic growth of the platform.
-Ticker : BCECH
-Contract Address : 0x97Ae1A743aed9cAE6a39E132c3bcE5874E0fE545
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-Decimal : 18
-Chain : Binance Smart Chain (BEP-20)
-Total Supply : 100,000,000,000 BCHEC
RoadMap
Bitchemical platform is led by an innovative team that has lots of experience and enough resources to develop & implement the best future development strategies for the rapid growth of the platform. This project has a well-planned Roadmap:
-Q4 – 2021:
?-Q1 – 2022:
-Q2 - Q3 – 2022:
?- NFT platform launching: NFT application specific to Bitchemical platform will be put into service
?-Q4 – 2022:
?Brief
Bitchemical platform is created by experienced and innovative developers to cope up the biggest flaw of the market that is low speed and high fees of transaction. Being more liquid and by using Binance smartchain, Bitchemical platform provides more speed and the transactions are executed in a flash and with very low fees. So the users of this platform are able to trade freely and can do their asset management when there is high volatility in market. Bitchemical has its own AMM and its innovative smart contracts and nodes are capable enough to gather useful data regarding the price variation of particular asset from the different reliable sources of the market. Then Bitchemical's advanced smartchain makes it possible to input and read the data and then after deep evaluation under the supervision of talented and experienced experts of Bitchemical there is a solid output with best compatible price of the asset to be traded on the exchange. So the users of Bitchemical Platform will always get deals for their trading and swapping of crypto assets.
Website & Social media
Author
- Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2878080
- BSC Wallet Address:?0x2ddc950D6f9f60d6EED1528a67d663588Be767b6