ComToken.net - Yield farming by Community

[Com_Token]

ComToken DeFi - ComToken.net

By the Community- for the Community.

Decentralized Finance and Yield farming

The core of our project


✔ Community driven decisions (Listings) via Polls/Votings

✔ Community driven growth (Rewards for promotion/support)

✔ Rewards for Liquidity Providers

Why COM?

High yield farming in Liquidity Pools

First and the main use-case of COM tokens is high yield farming on pools like Uniswap, Balancer.

COM will be used in all aspects of this project, depending on its current state!

Built on ETH, we will revisit other chains at a later point in time.

10,000,000 (10 million) tokens were minted on contract creation, just a random number we'd never achieve via a crowd-sale

Using the crowd-sale results as a basis, we will burn all unallocated tokens.

Token allocation

Ecosystem: 29% (Liquidity Provider Rewards/Community Promotions)

Listings/Marketing: 29%

Crowdsale: 40%

Team: 2%

If you want participate and get COM you can send the ETH to the crowd-sale smart-contract address and receive COM tokens in the conversion rate 420 COM = 1 ETH.

Verified Contract address: 0x34B796Eb1b5513872d783597920b7117cA783547

Etherscan: https://etherscan.io/address/0x34B796Eb1b5513872d783597920b7117cA783547

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[Com_Token]

Exactly. 

[ReapChain]

"The team prefers to remain anonymous, decentralized finance does not need identities." That's true, but people still like to see the team. However, this is a personal decision of each project.

[Com_Token]

"The team prefers to remain anonymous, decentralized finance does not need identities." That's true, but people still like to see the team. However, this is a personal decision of each project.

Let's say "for now".
We may talk about that in the future.

Thank you for the interest in our project and the kind feedback

[4LivSan1]

As it said the crowd-sale contract will be minting until a reasonable amount of ETH is reached, to ensure some liquidity and funds for marketing and listings. Hope the project will reach such amount

[didzi]

As it said the crowd-sale contract will be minting until a reasonable amount of ETH is reached, to ensure some liquidity and funds for marketing and listings. Hope the project will reach such amount

thats mean this project need to reach the soft cap right ?
then how much the soft cap needed to ensure some liquidity and for marketing also listings buddy ?

[Com_Token]

As it said the crowd-sale contract will be minting until a reasonable amount of ETH is reached, to ensure some liquidity and funds for marketing and listings. Hope the project will reach such amount

thats mean this project need to reach the soft cap right ?
then how much the soft cap needed to ensure some liquidity and for marketing also listings buddy ?

Okay, let me explain this a little better.

We did not set a fixed soft cap or sale end because we want a fair chance for everyone to participate.

Since all unallocated Tokens will be burned, only the crowdsale tokens will be in circulation, alongside the Ecosystem, marketing and team funds (Proportional to the crowdsale results).

So basically the amount of COM tokens to be distributed for liquidity provider rewards, marketing and listings fully depends on the interest of our community.

We could announce an end date or soft cap, BUT

• As more tokens are bought/distributed, the rewards for yield farming are increasing drastically.
  
• Once we reach lets say 50 ETH collected via smart contract, we will reevaluate the current growth and potential to gain new investors/funds to get to a conclusion for sale end.
  

We will communicate the current status and thought processes via all of our communication channels and try to get feedback from the community.