How SparkFi's Decentralized Platform Generates Yield and Protects Investors
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Introduction
SparkFi is like a mutual fund powered by decentralized blockchain technology. SparkFi raises capital by issuing tokens and uses the capital to generate yield for investors / token holders. To generate yield SparkFi uses various strategies such as trading and investments in financial markets. SparkFi team is highly experienced in financial sectors and with their expertise in market analysis, capital is invested in various markets such as FOREX, Stocks, Commodities, Metals, Cryptocurrencies etc to generate yield. The yield is distributed among the investors / token holders using smart contracts on public blockchain.
What is SparkFi?
SparkFi?is a decentralized blockchain-based mutual fund that aims to generate yield for its investors and token holders.
The platform raises capital by issuing tokens and uses the capital to invest in various financial markets, such as FOREX, stocks, commodities, metals, and cryptocurrencies. The yield is then distributed among the investors and token holders using smart contracts on the public blockchain.
SparkFi Deflationary Tokenomics
SparkFi's Native Token?SPARK?has a total supply of 100,000 tokens. $SPARK has a 1% fee on every transfer, and the fee is automatically burned. This makes the $SPARK token deflationary; the total supply keeps decreasing over time, making the token more scarce and valuable. It also encourages investors to hold the token rather than trading or selling it.
How SparkFi Yield is Generated
SparkFi?generates yield by using various strategies such as day trading, swing trading, short-term investments, and long-term investments. The platform looks for opportunities in almost all financial markets, such as FOREX, stocks, commodities, metals, and cryptocurrencies. SparkFi also invests in promising new startups and crypto projects.
How SparkFi Yield is Distributed
SparkFi uses smart contracts to distribute yield, and the main token of SparkFi is the $SPARK token. All the incomes generated by SparkFi's capital are converted to stablecoins such as USDT and BUSD on a monthly basis and sent to a special yield contract.
Holders of the?$SPARK token?can stake their tokens in the contract and earn stablecoins. Each $SPARK token can be seen as a share of the SparkFi economy. This ensures a fair distribution of yield.
SparkFi Yield Distribution Ratio
The yield distribution ratio is set up to ensure that both the team and investors receive a fair share of the yield. 10% of the yield goes directly to the Treasury and is used to increase the capital or reinvest.
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SparkFi Exit Policy
SparkFi aims to be the largest crypto mutual fund and has no plan to exit unless forced to do so. In case of a black swan event or something like that where the team is forced to shut down the whole project, the team will withdraw their staked coins from yield contract?and deposit 50% of total holdings converted to stablecoins in the yield contract from where the investors / token holders can get a portion of their investment money back.
This ensures that the investors are protected in case of an unexpected event that forces the platform to shut down.
Tokenomics
Burning 1% fee on every transfer so the supply keeps decreasing and the value goes up.
Contract Address:?0xAA5B4246c442b5DdAEc6AbAef25e35f3BC68433d
In Conclusion
SparkFi?is a decentralized blockchain-based mutual fund that aims to generate yield for its investors and token holders. The platform uses various strategies to invest in financial markets and generates yield, which is then distributed among the investors and token holders using smart contracts on the public blockchain.
The platform also has a deflationary tokenomics system and an exit policy to protect investors in case of an unexpected event. The platform aims to be the largest crypto mutual fund and provide a safe and profitable investment opportunity for its investors. Follow the official links below for much more into the solution of SparkFi, thanks.
Detail information: Website?||?Whitepaper?||?Telegram?||?Twitter?||?Discord?||?Ann Thread
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BEP-20 Wallet Address: 0x73C75b04a1E314EE89fA108241375bd3f6751C7f