USDT / USDC Rain: a Multichain Auto Reward Protocol Ecosystem on CORE and Arbitrum.
As you all know, I m always looking for interesting projects on DEX market and I love to analyze them once I found an intriguing one. Following the hype of the last weeks I decided to check Arbitrum and Core chain where a Hyperaggregated Deflationary USDT Rewarding Protocol caught my attention.
Without any furhter ado, let's start the analysis diving into USDT / USDC Rain project.
Staking, Simplified - The $USDTRAIN Token embodies the virtues of a decentralized system. It is held in your wallet and never in the control of an intermediary or centralized authority. Simply buy and hold and watch $USDT rewards accrue. You will be able to Mint and Stake the Genesis NFTS very soon.
Compound - Interest, Automated - Unlike other protocols, simply holding in your wallet will provide rewards. There is no need to re-stake. Interest is always yielding in your wallet.
Interest Paid Quickly - USDTRain distributes $USDT to every $USDTRAIN Token holder each and every 30 minutes, scaled with 4% Rewards on all the Volume
Automated Burning Mechanism - One of the most innovative features of USDT Rain is an automatic token burn system named True Burn. Instead of just moving Tokens to the Dead Address on each Transaction Tokens are directly removed from Circulating Supply , Onchain.
Better protocol than the competition - We have taken inspiration from the Defi Space and built an improved Protocol
No Blacklist
No Disable Trading Functions
Hardcoded Feereceiver Wallets
Hardcapped Taxes at 15%
USDT Rain uses a calculated system to support its price and the rewards. USDT Rain has engineered a system that will function seamlessly. For $USDTRAIN Holders, you will simply see an innovative Rewards system working for you.
Auto Rewarding - The $USDTRAIN Auto-Reward feature is a simple innovation termed Buy-Hold-Earn. It provides the ultimate ease of use for $USDTRAIN holders.
Buy-Hold-Earn - Simply buy and hold $USDTRAIN Token in your wallet, watch as you earn $USDT rewards via dividend payments directly into your wallet. Your holdings will increase every 30 minutes. (depending on Volume)
Utilizing Auto LP and Auto Burn $USDTRAIN provides an everrising Price Floor due to an everdecreasing Supply.
This means that without moving their tokens from their wallet, $USDTRAIN holders receive Dividends in the Stablecoin "USDT".
The Treasury - The Treasury plays a critical role in $USDTRAIN Its primary function is to support the sustainability and growth of the protocol. The treasury may also be used to fund new Products, services, and projects that will expand and provide more value to the $USDTRAIN Community. In addition, it will serve to provide funding for marketing, developer payments and salary payments.
As soon the LP ist strong enough we will Introduce more Ways to earn Passive Income.
USDC Rain
USDTRain Fees support the sustainability of the protocol. The fees enable crucial functions for the project. Rather than selling the Share to support the protocol, our approach is to support the sustainability and growth of USDTRAIN through fees. A buy and sell fee benefits greatly from trading volume. Higher trading volume brings in more trader interest which in turn help the sustainability of the protocol.
The amount of fees (10% for buys and 10% for sells) allows $USDTRAIN to provide a stable high yield, distributed in $USDT Dividends
LP - Trading fees goes to backing the liquidity of the USDTRAIN/ETH Pair on IceCreamSwap ensuring an ever-increasing collateral value of $USDTRAIN.
Auto Burn - 1% of all $USDTRAIN Volume is burnt in the Dead Address and removed from Supply. The more that is traded, the more get put into the Void causing it to grow in size, which in return acts to reduce the circulating supply of $USDTRAIN and keeping the protocol stable.
I hope you enjoyed my piece about USDT / USDC Rain and its fascinating multichain auto stablecoin rewarding protocol built on Arbitrum and Core. Don't forget to comment, share and like! and Dyor as usual!
#CoreDAO #Binance #Arbitrum #buildtogether #USDT
USDT Rain
