USDT Miner Dapp
USDT CashFlow DESCRIPTION
USDT CashFlow is a project built by Patric ZambaCashFlow (Core member on the FH Team) with the aid of the FH team. It is in essence a standard miner, with no restrictions on the compound, claim, or deposits.
The difference is that dev fees are used to invest and develop a pool where interests are generated and later injected into the USDT CashFlow contract to maintain a stable TVL and keep the project running, and pay everyone in it.
FH team has aided in the launch and establishment of a pool for USDT CashFlow in its quest for reduced pozinomics.
All though USDT CashFlow is not a project from the FH Eco, it is a project we are very close with, and to this moment like FH Eco Projects it also receives a share from FOF. 0.25% of every deposit is injected into USDT CashFlow every week.
Additionally uses the FH Tg group for the USDT community and the site is allocated in the FH Eco server
USDT CashFlow USEFUL LINKS AND DATA
USDT CashFlow
STATUS: ACTIVE
SITE: https://usdtcashflow.fortunehunters.space/
APR: 3% (based on miner worth)
REF SYSTEM: 7% on deposits to the person whose ref link the depositor is using.
LAUNCH DATE: 2022/08/08
AUDIT: https://the-stamp.com/2022/08/usdt-cashflow/
CONTRACT: https://bscscan.com/address/0x4C012c1531231202833887ed081D65525cEDbfC1
TOKEN: USDT- Bep20 (from PancakeSwap on BSC)
TOKEN CA: 0x55d398326f99059fF775485246999027B3197955
Pancake Swap Site: https://pancakeswap.finance/swap
THE TOKENOMICS (FEES AND TAXES)
In USDT CashFlow users pay a 10% tax upon claiming. the fee on deposit is covered by the project, this means that the user receives the miners amount corresponding to 100% of their deposit.
The division goes as follows.
- 2.5% Dev fee (used to start and grow its pool)
- 2.5% Marketing
GLOSSARY
- ROI – Return Over Investment
- Dapp – Defi Application
- APR – Annual Percentage Rate
- MINER – The name given to Defi project that uses the TVL to determine an asset value and from which the rewards are calculated from, thus in essence “mining” the TVL.
- TVL – Total Value Locked – It is the total amount of funds present in the contract (deposited funds minus fees minus claims)
- Miners – When a user deposit, buys miners, these miners price is not fixed, but rather is determined by the TVL. As the TVL goes up the price per miner also rises, when TVL goes down, the price per miner drops.
- INFLATION – Inflation is used in miner dapps to explain the drop in rewards and the variations in price per miner.
HOW MINERS WORK
This is an example to help people understand how Miners Dapps works and some of the terms used.
Practical example: TVL is at 1000 USDT
User A deposits 100 USDT tokens and receives 100 miners. (the price per miner was 1 USDT). TVL is now 1100 USDT.
User B deposits 100 USDT tokens and receives 90.90 miners. (the price per miner was now 1.1 USDT).
The APR is 3% per day.
User A is receiving 3.6 USDT per day in rewards.
User B is receiving 3.27 USDT per day in rewards.
Both deposited the same 100 USDT but the price each paid per miner was different, user A got 10 miners more than user B.
TVL determines the value of the miners, after user B bought his miners TVL increased to 1200 USDT which made the 100 miners that user A had to be worth 120 USDT, thus 3% over 120 is 3.6, and user B with 90.90 worth 109.09 USDT due to the TVL being now 1200 USDT is generating 3.27 USDT per day. 109.09 x 3% = 3.27 USDT per day.
User B claims his rewards at the end of 24h.
3.27 USDT is claimed from the TVL. TVL is now 1196.72. he continues to have 90.90 miners which are now worth 108.79 USDT.
User A compounds his rewards at the end of 24h. TVL is now 1196.72 USDT each miner costs now 1.196 USDT, he now has 103 miners worth 123.6 USDT.
After some time TVL is down to 600 USDT.
Each miner costs now 0.60 USDT.
User A has 123.6 miners. Worth a total of 61.8 USDT and generating 1.85 USDT per day (61.8 x 3% = 1.85)
User B has 90.90 miners. Worth a total of 54.54 USDT and generating 1.63 USDT per day (61.8 x 3% = 1.63)
By compound rewards TVL remains intact and depending on other user’s actions, it may be possible to fight inflation.
Another possible way to fight inflation in miner Dapps is the claim and reinvest.
When a user claims the TVL drops, causing the price per miner to drop as well.
Meaning we will be able to buy miners at a lower price than we would be simply compounding.