StakeMars Protocol

StakeMars Protocol

Description: StakeMars Protocol (STM) is the next generation of deflationary yield farming protocols. Much like traditional staking our investors earn rewards for staking our token. What […]

0 Likes 0 Dislikes

Coin Details

Coin Details
View Details such as General, IDO, Airdrop, Token Supply & More
General
Website

Link

Whitepaper

Link

Token Name:

$STM

Total Supply:

$STM

About:

Description:

StakeMars Protocol (STM) is the next generation of deflationary yield farming protocols. Much like traditional staking our investors earn rewards for staking our token. What makes us different than traditional yield farms is that we reward our stakers with BNB instead of STM.
Each transaction incurs a 10% tax that is broken down into –
4% LP acquisition
4% To stakers
1% Burn
1% Dev team
We developed this system of rewarding stakers with BNB instead of our own token for 3 main reasons –
1) It ensures that your STM will not depreciate over time (we don’t have to mint a new supply)
2) You won’t have to pay transaction fees to transfer your staking rewards from STM to BNB because it’s already been done.
3) Because STM is deflationary (1% burn on each transaction) the value of the STM tokens you hold will go up!

Social Media