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jeudi 22 octobre 2020

Liquid Core: A Privacy Focused Multi-Dex Yield Farming Protocol

Liquid Core: A Privacy Focused Multi-Dex Yield Farming Protocol

Privacy is a basic human right. It is also one of the most violated. Cryptocurrency was created and designed to aid and assist users by allowing them a sense of privacy when sending and receiving currency/money. While crypto has provided plenty of these options, privacy coins are few and far between due to their taboo status due to the fact that from a legal standpoint they fall under a grey area. DeFi is one area that has yet to create a focus on privacy until now. Liquid Core aims to bring privacy in yield farming.

https://preview.redd.it/yx2fxw0i3qu51.jpg?width=381&format=pjpg&auto=webp&s=43de3ac954c067b4118f1fcfc7a25ee2d7d46e62

Liquid Core (LCORE) (Contract Address: 0x3540350cc04eefebbf6a4994f8b088fc94410008) is a new ERC20 token which aims to bring privacy to yield farming by using an arbitrage engine which the developer calls “Wave" and sending transactions through what's described as a “Token and ETH mixer" called “Marianas Trench" which pools together assets from your transaction and other transactions then redistributed to addresses that are receiving deposits. These transactions are autonomous by using a 1 time generated address.

https://preview.redd.it/afm05rei3qu51.jpg?width=1079&format=pjpg&auto=webp&s=7d906ac03a25ab89372b9a293567e4b973e26f12

The token is not available via airdrop or mining but via a presale which is detailed as follows:

Tier 1
Size: 200 ETH / 2000 LCORE
Price: 1 ETH = 10 LCORE
Tier 2
Size: 250 ETH / 1000 LCORE
Price: 1 ETH = 4 LCORE
Tier 3
Size: 350 ETH / 1000 LCORE
Price: 1 ETH = 2.857 LCORE

Liquid Cores total supply is 5000 LCORE. The Presale Supply is 4000 LCORE. Uniswap Listing Price will start at 1 ETH for 2 LCORE.

Uniswap Liquidity is locked following the Core model and the amount locked will consist of 250 Eth and 500 LCORE. 500 LCORE will go to the development team to help develop the project along with help marketing it. Unsold Tokens will be burned after the presale. ETH is locked until sold out, or 7 days have passed, whichever occurs sooner. Locking of liquidity will be done upon conclusion of the presale utilizing unicrypt. It is important to note that no new tokens will be minted and yield farming will be conducted through permanently locked liquidity.

There is a roadmap to help guide the project along after the presale. On 10/29 an audit conducted by CertiK, Peckshield, Halborn, or Arcadia Group will be conducted. 11/3 will include an LGE (Liquidity Generation Event) with a lead up marketing campaign for listings on Mooniswap and Sushiswap which pairs will be listed on 11/8. November 15th sees the launch of “Marianas Trench" where we will see the utility of the token in play. On 12/1 Balancer integration will commence, and on 12/15 more token pairs and more arbitrage opportunities will be used to further anonymity.

With an amazing opportunity at hand, it would be a game changer if holders can use arbitrage and 1 off address to keep their cryptocurrency activities private. There is no argument that users should maintain their right of privacy. Eventually governments and banks will have to allow users to keep this right and instead use other ways to infiltrate the blockchain. Maybe its Liquid Core that helps move crypto into this direction.

Pertinent Links:

- Website: https://liquidcore.finance
- Whitepaper: https://liquidcore.finance/Liquid%20Core%20Presale%20Page\_files/whitepaper.pdf
- Telegram: https://t.me/LcoreOffic
- ANN Channel: https://t.me/LcoreANN
- Twitter: https://twitter.com/LiquidCore2/
- Medium: https://medium.com/@LiquidCore

(I write articles and reviews for legitimate, interesting, up and coming cryptocurrency projects. Feel free to PM me to review your project. Thank you!)
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Disclaimer: This is not financial advice. The sole purpose of this post/article is to provide and create an informative and educated discussion regarding the project in question. Invest at your own risk.

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