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Author Topic: Tempus Token - Small Fish have leverage over big whales  (Read 127 times)
Godofeth (OP)
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September 04, 2020, 08:40:32 PM
Last edit: September 05, 2020, 07:39:24 AM by Godofeth
 #1

                                                            TEMPUS TOKEN                      


Telegram ---  https://t.me/tempustoken
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Tempus ($TEMP) is a deflationary staking game where early users are rewarded for time spent in the system. A Game where small fish have leverage over big whales.



                                                                  How it Works
Deflationary
Deflation occurs in two places: Firstly there is a 1% tax on all transfers. Second, every 6 hours 2% of the uniswap pool is drained. 50% of the drained tokens are burned, the remaining are rewarded to stakers.

Rewards
Rewards will be distributed using a time weight token metric we call Token Time. This was designed to reward users who join early and stay long term. Your share of the rewards is determined by how many tokens you have and how long you have been staking for. The Token Time formula: (number of tokens) x (time staked) = Token Time. Your token time is then used to determine your percent of the rewards.

Fair Reward System
Staked users will be rewarded based on the number of tokens they have and how long they have been staked for. This gives gives people with not a lot of tokens (fish) an advantage over people with a lot of tokens (whales). Being early in the game with few tokens is better than being late in the game with a lot of tokens.

The below table shows examples of how different token balances and different time staked effects the share of the rewards for each user. User A has 12% of the staked token supply, but due to how long they have been staked for they will be receiving 32% of the rewards.

                                                              What is the max supply of $TEMP
The max supply is 10 million tokens

4,320,000 tokens will be sold in the presale at a price of 21600 $TEMP per 1 $ETH, this will be a 30% discount to the listing price of 15950 $TEMP per 1 $ETH

Presale price: 21600 $TEMP / 1 $ETH
Uniswap price: 15950 $TEMP / 1 $ETH


The pre-sale funds raised along with 3,190,000 million tokens will be sent to uniswap as liquidity.
Our pre sale contract is based on $TEND's contract, once the hard cap is reached the addLiquidity() function will be callable, which will send the tokens and ETH to uniswap

Every 6 hours the burn function can be called which will distribute rewards and burn tokens.
48% of the withdrawn tokens will be rewarded to stakers based on their Token Time. 2% will be rewarded to the burn caller.
The remaining 50% will be burned. This isnt the only burn which occurs, all transfers are subject to a 1% tax which is burned.

there will be a 7% exit tax and there is no fixed time, users can leave whenever they want

Example of first burn:

Uniswap Supply:            3,190,000
Withdraw (2%):             63,800
Burn (50%):                  31,900
Pool Reward (48%):       30,624
Caller Reward (2%):       1,276


                       tokens              time                reward
User A              21,000            7 days                32%
User B              100,000          1 day                  22%
User C              50,000           4 days                 44%


   isn't this interesting ?

for more info join our Telegram ---  https://t.me/tempustoken
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website --  https://tempustoken.com/

discord --- https://discord.gg/gVNQN8
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jacafbiz
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September 05, 2020, 05:20:03 PM
 #2

I can see your are trying hard shilling this project, but the question is do you think all these high yield is sustainable, the Farming market seems saturated and if high return is the only selling point then good luck, you need something better to sell to make people take your project serious

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