Hi friends and followers, am here again with another insight of ARTEM Protocol. i will be discussing some key and vital role ARTEM Plays in the crypto market.
Fоllоwіng thе ѕuссеѕѕ оf thе blосkсhаіn tесhnоlоgу, mоrе dеvеlореrѕ аrе іnѕріrеd tо buіld mоrе blосkсhаіn рrоduсtѕ thаt wіll dеlіvеr еnd-uѕеrѕ wіth mаѕѕіvе vаluе. It wаѕ wіth thіѕ drіvе thаt Dесеntrаlіzеd Fіnаnсе (DеFі) wаѕ іntrоduсеd аnd wіth thіѕ іnvеntіоn thе lіkеѕ оf Unіѕwар, Yеаrn Fіnаnсе аnd ѕо оn hаvе thrіvеd, brіngіng ѕоlutіоnѕ tо ѕtаkіng, lеndіng, ѕwарріng, аnd muсh mоrе.
BRIEF INTRODUCTION TO ARTEM
A dесеntrаlіzеd рlаfоrm аnd аn аutоnоmоuѕ іntеrеѕt rаtе рrоtосоl buіlt fоr рrоgrаmmаblе lіquіdіtу tо еаѕе ореn fіnаnсіаl аррlісаtіоnѕ.
DEFI
DeFi platform developed to pave ways for freedom , equality , innovation and transparency in the world blockchain . Basically, Artem is a Crypto asset Lending platform where borrowing and lending of crypto assets takes place in a decentralized mode and allowing everyone to participate in the system.
WHAT IS ARTD STAKING
Staking ARTD means that you are holding ARTD to verify transactions and support the network. In exchange for holding ARTD and strengthen the network, you will receive a reward. You can also call it an interest. With ARTD staking you can generate a passive income by holding ARTD. Besides that you receive a reward (in the form of extra ARTD tokens), you can earn extra when the ARTD increases in value. Not all cryptocurrencies support staking. In this article, I will explain everything about the staking process of ARTD.
HOW DOES ARTD STAKING WORKS
Besides the fact that with ARTD staking, you provide support and strengthen the network, it also increases scalability.
With the Proof-of-Work mechanism, new blocks need to be mined to verify the transactions. With the Proof-of-Stake mechanism, new blocks are produced and verified by staking ARTD coin. This means that you don’t need special computers to solve difficult math problems, what the case is with mining of ARTD. Staking of ARTD is all about how many ARTD coins you are holding. The amount determines your reward. A user who has secured more of ARTD coin is more likely to be chosen as the new block validator.
ARTD CONDITIONS FOR STAKING
These Blockchain uses the Proof-of-Stake mechanism. The conditions are very clear when you use a staking service.
ADVANTAGES OF STAKING ARTD
1. Energy-efficient; staking is better for the environment than mining.
2. Generate a passive income; holding certain crypto is sufficient to earn extra coins and you don’t have to trade (risky).
3. Low entry; anyone can join and you don’t need expensive equipment.
4. Simple and easy to use; the platforms offering staking have made it very easy to get started.
5. More and more investors are choosing for ARTD staking.
RULES APPLIED FOR INDIVIDUAL STAKES
1. There may be a minimum amount.
2. Different rules apply for each blockchain. It is therefore advisable to find out specifically for each coin which rules apply.
3. Usually, ARTD coin has to mature for a couple of days before you receive a staking reward.
4. The wallet has to be online 24/7 (unless you use cold staking).
5. The wallet must support staking.
ARTD STAKING REWARD
This is usually a fixed percentage per year. The percentage is an indication and could theoretically change. It is possible to receive rewards individually or using a pool. In a pool, multiple coin holders on Artem put their coins together to increase the chance of validating a block. As a result, revenues can also be higher.
THE ARTD TOKENNow let's talk about the ARTD. New upcoming token of the Artem Protocol. After seeing the huge success of ARTT and due to the high demand of the community The Artem team has come up with a new token named ARTD.
The pre-sale and public sale of ARTD will begin soon and after that, the listing will be initiated.
There will be also a discounted price for a total of 200,000 ARTD available for the early buyers during the presale stage.
The ARTD presale is priced 1ETH=2000ARTD.
After the pre-sale stage, there will be two sales rounds will be initiated:
1st round - 1ETH=1000ARTD; Supply - 400,000ARTD
2nd round -1ETH=550ARTD; Supply - 600,000ARTD
The ARTD listing is done at a high price and ARTD/ETH trading pair will be available on Uniswap once the sale is completed！
Official ARTD presale address: 0x3bfcA8c915316103438D4f364293844657570c97
ARTD TOKEN DISTRIBUTION
Token supply: 9,000, 000 ARTD
PreDist. supply: 16% of the total supply ( 1400,000 ARTD)
Uniswap Liquidity: 3% of the total supply (300000 ARTD)
Mining rewards: 61% of the total supply (5,450,000 ARTD)
DAO: 4% of the total supply (360,000 ARTD)
NFT Mint: 9% of total supply ( 800,000 ARTD )
Community: 1% of total supply ( 90,000 ARTD )
Develop team: 7% of total supply (600,000 ARTD )
THE ARTT TOKEN
ARTEM has it’s own native token named ARTT token, which is developed using the Ethereum-based ERC-20 protocol. This token functions as the primary native currency of ARTEM.Primary token of ARTEM
Fast transaction processing
Based on the ERC-20 blockchain
Fully decentralized
The total issuance of ARTT tokens is 4,204,800 ARTT.
TOKEN INFO
Token Name - Artem
Token Symbol - ARTT
Total Supply - 4,204,800 ARTT
Blockchain - Ethereum Blockchain (ERC-20)
Listing Info - Currently listed at Uniswap
Primary Trading Pair - ARTT/ETH
Artem(ARTT) ContractAddress- 0x77dF79539083DCd4a8898dbA296d899aFef20067
PROCESS OF BUYING ARTD AT PRESALE
3. That's it you will receive your ARTD at your registered address.
OFFICIAL RESOURCES TO ARTEM PROTOCOL
Website: https://artem.finance/
Twitter: https://twitter.com/Artem_Protocol
Telegram: https://t.me/ArtemProtocol
AUTHOR:
Bitcointalk Username : psalmyblinks
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2522636
Telegram Username : @psalmyblinks
ETH Wallet Address : 0x8cdb3c1607847b16db3b9666518179b7f0465440
POA Link: https://bitcointalk.org/index.php?topic=5291124.msg55790793#msg55790793
