🚀SAFE HAVEN TOKENSALE: THE ILO OF THE YEAR!?🚀
INTRODUCTION
SafeHaven is a BSC built, community driven, nextgen reflectionary and deflationary token that passively earns BNB while hodling, with 9% of all transactions pooled in the Holders BNB Rewards Pool.
The date of the much vaunted Initial Liquidity Offering on Unicrypt where $Haven ILO opens to early investors is on June 30th, 2021. Barely 48 hours away! With a 10% discount on $Haven, the sales link will be shared by the team when the token sale commences. The tokens will be distributed upon the launch on PancakeSwap.
Lets get a bit of definitions out of the way… Shall we? But hold up, what's an ILO?
INITIAL LIQUIDITY OFFERING
With Decentralized Finance advancing and gaining ground, its effects has merely drifted the global cryptocurrency market to the next level as a whole.
With new innovations and solutions each day, DeFi plays a major role in the digital world. The main term of DeFi, the “Liquidity” through the Automated Market Making (AMM) mechanism has paved a new way for all startups to raise funds, which is “Initial Liquidity Offering (ILO)”. Also known as Initial Dex Offering, this new tool in cryptocurrency project crowdsale is taking the fintech niche to the next level and thus emerging as the most popular way to launch new tokens which will overtake IEOs. Previously it was ICOs. It is a fundraising mechanism through which many projects and startups raise funds by selling tokens on DeFi's DEXes AMMs without undergoing the process of ICO. Let us know the concept of “ILO - Initial Liquidity Offerings” in detail with insights on how it will benefit and uplift the crypto industry by moving ahead of ICO and IEO.
Why an ILO?
Every newly launched token needs liquidity or liquid to be successful, so when these new tokens are listed in a centralized exchange, you need to wait for a long time to sell your tokens, since it works based on an order-book mechanism.Decentralized Exchanges with Automated Market Making (AMM) Mechanism have ready markets to sell your tokens via Smart Contracts, which utilize liquidity pools provided by investors.
- Liquidity
All we know, liquidity is the ability to buy/sell any assets easily in the market or how quickly one can have the assets on hand. - Faster
The main benefit of ILO is the faster sale of the tokens, as the new tokens are released on the decentralized exchange with AMM mechanism, there is no need for waiting to buy/sell tokens and thus the sale of the tokens occurs immediately with the help of computer programs on AMM - Cheaper
With the lower gas costs encountered in the BSC Ecosystem, this is far better than the gas cost where one sends tokens to different destinations. - Permissionless
The new token being released on the decentralized exchanges in the ILO does not require authorities go-aheads - Fair
Also known as a Fair Launch, when the token sale goes public, the private investors can buy a large number of tokens for a lower price. - Final Word
With SafeHaven harnessing such disseminating tools, it should be quite a successful operation.
It is just some hours away. Grab your calendar and BNB!
You can view more detailed information about this project below:
Website: https://www.safehaven.finance/
Whitepaper : https://docs.safehaven.finance/
Twitter : http://twitter.com/SafeHavenDeFi
Telegram : https://t.me/SafeHavendefi
Instagram : http://instagram.com/safehavenfinance
Reddit : https://www.reddit.com/r/SafeHavenDefi/
YouTube : https://www.youtube.com/channel/UC9-Qr8cTMFrS4fp-SUS3B3g
AUTHOR
Forum Username: milagros12
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2745921
BEP-20 Wallet Address: 0x4e4907E686D697C43ADc18c32Be41A3453913878