Introduction To N3WS: Social Media DeFi
The Bullish Times Presents: N3WS.Finance | 🚀 https://t.me/n3wsfinance
Join whitelist ⭐️: https://forms.gle/ZUsQTCUNKme2sfox8
What is N3WS.finance?
📰 A Blockchain Uncensorable Newspaper with Liquidity Loop Protocol 🌽
Our vision is to become the Social Media of DeFi — To let the community be the reporters, and let everyone express their thoughts and opinions freely and spread the news about their favourite DeFi projects. Without censorship. Forever.
Become a reporter by providing liquidity into the Liquidity Loop Protocol — You will earn up to 10.3% of the total transacted volume plus the liquidity provided in the liquidity loop.
To kick off the Liquidity Loop rewards, during the first 14 days 1/2 of ETH raised and 1/4 supply of N3WS will be distributed amongst the liquidity providers 🔥
How does the N3WS Publishing Protocol work?
Do you want to become a publisher on The Bullish Times? 🔍
- Create front pages 👨🏻🏫 [1 GIF or Image + 1,500 characters]
- Publish Columns 📄[1 GIF or Image + 1,250 characters]
- Place ads 🚨 [1 GIF or Image]
Any reporter can update, modify or release a front page, news articles, or ads for double the cost of the previous reporter. Starting price will be 1 N3WS for all types of publications. Weekly, costs will reset at 1 N3WS again.
The website will ALWAYS be up. We are hosted on 3 different servers, one of them being Unstoppable Domains — guaranteeing that it cannot be taken down.
Blockchain Domain + Decentralized Storage = Uncensorable Domain
Liquidity Loop Protocol & Autofarming
Our devs love genuine work, that is why we have created our Liquidity Loop™️ to reward liquidity providers, also known as reporters. Provide liquidity, get liquidity. Then loop it. Again & again, benefit from total volume transacted to receive liquidity as UNI-V2 LP tokens from the Liquidity Loop. Fantastic.
There is no locked forever liquidity in our platform, our approach is different. Reporters are incentivized to provide liquidity to earn N3WS-ETH UNI-V2 tokens that are within the Liquidity Loop. After looping their liquidity, reporters receive UNI-V2 tokens based on their percentage of the pool.
On each transfer, there is a 10% tax that is distributed amongst the liquidity providers; these rewards in the Liquidity Loop can be withdrawn as follows:
- 25% may be withdrawn instantly
- 75% goes to time-warp contract and locks for 8 weeks before it may be withdrawn (this period and % can later be adjusted by the DAO)
On our launch, we are offering one of the juiciest APY rewards in the entire DeFi Space:
500 ETH and 250,000 N3WS are going to be distributed as UNI-V2 during the first N3WS Cycle. 25% of these UNI-V2 tokens will be distributed among the first liquidity providers during the first 14 days, the other 75% will be locked on the Liquidity Loop and will be distributed on next cycles!
The more volume traded on the N3WS-ETH Uniswap pair, the higher the rewards in the Liquidity Loop.
Tokenomics & Presale
The total supply of N3WS tokens is set at 1,000,000 (1m). *ALL unsold tokens will be burnt* There will never be more N3WS tokens and there is no minting function to ever create more. On each tx, there is a 10% tax, which is distributed among the liquidity providers of the Liquidity Loop.
The allocation of tokens for full 1000ETH raise goes as follows:
- Presale: 500,000 (50.00 %)
- Uniswap Liquidity: 250,000 (25.00 %)
- Team: 100,000 (10.00 %)
- Marketing & Partnerships: 72,500 (7.25 %)
- Referral Bonus: 50,000 (5.00 %)
- Bonding Curve: 27,500 (2.75 %)
Presale price for N3WS is going to be 0.002 ETH, approximately 1$. Early birds will have an extra 27,500 N3WS tokens as a bonding curve bonus. As well, there are 50,000 N3WS tokens to be distributed among referrers.
Simply put your referral code in our website when the presale contract is deployed and enjoy your bonus!
Initial market cap will be ~800,000$ with if the 1,000 ETH presale hard cap is reached.
Presale final details will be announced in our Telegram group.
Pseudo-Anonymity & Rugless Mechanics
Our core team has decided to maintain anonymity for the following reasons:
- To avoid potential financial and legal penalties in the event that retroactive regulations are applied which could possibly classify N3WS as a security.
- The platform will eventually transition to a DAO which is fully owned and governed by the community.
- Large public figures and founders can negatively affect the long-term sustainability of the project by having too much control over the project.
Nonetheless, some investors claim that having an open team reduces the potential risk of founders running away with funds and not providing initial liquidity to the project.
To mitigate this risk and ensure that the project is sustainable, we are releasing our contracts on Github before the presale starts. We believe in open sourced projects as they allow the community to truly see how well built the tech is.
The smart contract has been written so that 1/2 of the ETH raised and 1/4 of the total supply of N3WS will be automatically added as liquidity to Uniswap, and sent to the liquidity loop protocol in one function call.
The contract will show that the N3WS token is NON-MINTABLE, meaning the entire process is 100% RUG-PROOF, and without concern!
Best of all, that ETH/N3WS will be distributed to reporters participating in the liquidity loop protocol.
Thanks a lot for reading, we are waiting for you in our Telegram to keep up the conversation and grow the community — we are eager to grow our community of publishers and reporters while enjoying this new form of uncensorable social media for years to come!
Join whitelist ⭐️: https://forms.gle/ZUsQTCUNKme2sfox8
Cheers!
