S-ONE Finance: a fast and secure DeFi ecosystem that provides the highest satisfaction to its clients
S-One is a one-stop-shop for users to trade cryptocurrencies
S-ONE Finance is the decentralized solution for the exchange and staking of tokens. The distinctive features of the system are connected by the ERC20: SONE token.
S-One itself is a one-stop shop for users to safely trade cryptocurrencies on the Ethereum blockchain.
This system also seeks to reward its users by consecutively using the system, by enabling the SONE cryptocurrency.
S-One Finance aims to be an ecosystem that is easy to manage even for the general public, and provides services on the following three points.
- Simplicity: Not only for experts, S-one Finance also allows novice players to access usability.
- Security: Protect customer assets with a decentralized ecosystem.
- Satisfaction: S-one finance provides maximum customer satisfaction.
A friendly ecosystem
In 2020, DeFi (Decentralized Finance) took a big step on the blockchain innovation roadmap, with many investors getting high returns from it.
However, many DeFi products are used primarily by highly literate people, and the current situation is that there are major barriers to use by the general public.
That is precisely why S-ONE was born, with a friendly ecosystem that includes S-One Swap, S-One Staking and Sone Token, being the most distinguished elements that are linked to each other through a higher layer application.
When making an exchange on the platform, S-One Swap has a fork of Uniswap, but it contains a series of custom elements that make the system a safe and easy-to-use interface.
In the same way, the price mechanism it handles is similar to that of Uniswap.
This system, like other systems, is supported by pre-established rates, in the case of S-One, it applies a small commission of 0.3% for each operation, which in turn is divided into three parts:
0.2% corresponds to the liquidity provider’s commission, while 0.05% rewards the S-One token; And last but not least, the remaining 0.05% goes to a fund within the ecosystem.
The innovation of the S-One ecosystem lies in the Sone token, which in turn connects with S-One Swap.
The token is generated and distributed through community farming and exchange rewards.
The exchange reward is an incentive for S-One users who participate and contribute to the ecosystem.
While the mining reward has a liquidity of 70% and rewards to the exchange for 70,000,000 tokens.
This is distributed to the market through community agriculture, using collateral cryptocurrencies.
Similarly, it happens with 20% of token sales, which are equivalent to 20,000,000 tokens. These are also distributed in the market through a sale in it.
When it comes to 7.5% of the allocation of advisers and teams, these would equal 7,500,000 tokens. Which are used to reward the team.
This amount is locked in for six months and each block will be awarded in six months.
Like other platforms, this has a liquidity fund, this must be 2.5%, a total of 2,500,000 tokens which are used to add to the initial groups in Uniswap or another decentralized exchange in the generation event of tokens.
SONE tokens are generated and distributed through agriculture. Rights acquisition mechanism.
The first goes to the initial pools, so with each block, the system distributes an equal amount of SONE, and this amount is divided into groups according to their proportion.
The more groups added to the list, the less rewards each group will receive.
The second goes to the Treasury Funds. Thus, every time a user withdraws his cultivated tokens, 10% of his profits go to the Treasury Fund.
The team can use this fund for marketing, community management, bug bounties, or further development.
The platform has a P2P multi-currency wallet ideal for S-One Finance users.
In this wallet, clients will be able to store, transfer, exchange cryptocurrencies without the need to use other wallets in parallel.
Many of the users consider it as simple, intuitive and easy to use.
In the same way, thinking about the needs of users, he has dedicated part of his time to improving the mobile interface more every day.
Like its computer version, it will allow users to securely store, send and receive funds including the ERC-20 range of tokens.
Among some of the functions that S-One stands out from other platforms is that it has an address book, in which customers can store the record of the people with whom they frequent to make transactions.
Likewise, it has a history or record of transactions where each of them can be tracked and the exchange, purchase or sale process safer.
Another thing that stands out is that it has an ideal statistical table for those people who like to have control of the amount of tokens they own, in it you can view the amount of tokens sent, received during the day or week.
The token sale
On May 10, S-ONE began the sale of tokens of its SONE currency, which will culminate on August 31 and where a part of 20% (20,000,000 tokens) of the total supply of the badge.
The sale was divided into four parts: a pre-sale and three rounds. The first was successfully completed and the first round is now taking place, in which SONE is priced at $ 0.3 and will last until June 30.
The second round will run from July 1 to July 31, with the token valued at $ 0.5; and the third and final round will take place between August 1 and 31, with a price of $ 0.55 for each SONE.
In all stages of the sale, the cryptocurrency can be acquired, using BTC, ETH, USDT, USDC and BUSD, with a minimum purchase of $ 500.
Do you want more information? Visit their website.
Make sure you don’t miss any important news related to Cryptocurrencies! Follow our news feed the way you prefer; via Twitter, Facebook, Telegram, RSS, or email (scroll down to the bottom of this page to subscribe). Bitcoin never sleeps. Neither do we.
Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO, and should not be attributed to CriptomonedaseICO.
Do you use Telegram? Join the best Telegram trading community to receive Exclusive Signals to Buy and Sell cryptocurrencies, access to our Free Courses, discussions and project analysis! // www.criptomonedaseico.com // www.criptomonedaseico.com