Inddais - A Token Loaded With Seamless Benefits

cryptoinmind (30)in #inddais • 2 years ago

Overview

During the beginning days, only people with money could start or own a business, and then came the partnering days where people with money and people with talent joined hands to prosper together. The process of business association is more systematic these days and offers multiple options like venture capital, joint venture, private placement, and a public offering. All these options share a common purpose to equip talents with the capital they need and gain economic benefits mutually. While every government has its own policies for cross-border investment, today decentralized finance had taken collaborative business ventures to a whole new level. It delivers transparency, security, and, most of all, accessibility irrespective of national borders.

Cryptocurrency is a great passive income asset to add to any portfolio that gives you exposure to crypto, without totally gambling. By mining, you will actually own assets that will be worth something. Cryptocurrency mining is painstaking, costly, and only sporadically rewarding. Nonetheless, mining has a magnetic appeal for many investors who are interested in cryptocurrency because of the fact that miners receive rewards for their work with crypto tokens. crypto mining has become a frenzy business model these days. From bigger brands to just-born firms, new mining farms pop up every day. But operating Crypto Mining farms is not every investor's cup of tea. There are numerous mining projects offering their stakes to raise funds to upgrade their mining farm and in return, they are offering a decent amount of regular income to investors obtained from farms. Inddais propose a new crypto token that will suffice the interests of long-term crypto investors and seasonal investors who seek regular dividend payments.

What is Inddais?

Inddais Mining Farms are a world-class infrastructure along with a dedicated expert management crew with ample experience in monitoring, heat management, algo steering, maintenance, and other significant tasks needed to handle high-performing mining farms.

Inddais have deployed a decentralized crypto vault where we transfer 40% of the total daily mining output besides the yielding farm where users can seed their tokens and receive their share of the vault balance. Simply put, buying and seeding Inddais token is more like owning mining or a farm minus the complexities of running it efficiently. Inddais token in the first place to raise the required capital and increase the size of our mining farms.

What is Inddais token?

Inddais offers first of its kind blockchain-powered investment opportunity that combines a time-based yielding farm and liquidity-locked vault in an utmost transparent workflow. Inddais also acts as a payable token INIS with its implementation of ERC-1363 standards alongside ERC-20 fundamentals. The direct BNB yielding vault delivers fascinating returns on your Inddais token investment for as long as the tokens stay seeded on our yielding farm.

The BNB balance of the vault keeps growing constantly, with auto credits directly linked to our mining outputs. Our innovative farming mechanism determines the returns per token based on the set mathematical parameters. The calculated yield based on the total number of tokens seeded by the user is available for withdrawal anytime and updated every second as soon as a season starts. The yield update on the farm happens every second. Users can choose to withdraw full or a part of their token seeds anytime they wish.

The function and transparency of Inddais token are based on the mathematical principles, blockchain technology, and smart contracts on the BNB smart chain network. Our high-experience staff, technology-driven smart crypto farms, and contributing community members offer the best level of support to ensure a simplified, secure and safe process of understanding and taking part in our decentralized platform.

Inddais tokens are available for purchase on the official website. Inddais utilise the funds amassed from the initial sales of the tokens to install additional crypto mining devices in existing farms in Asia and Europe.

Benefits of Inddais Token

Placed over BNB Chain - INIS is bound by BEP-20 standards and exists within the BNB chain which is known for its scalability, rapidity, and security.
Transparency - The underlying smart contracts stores all the state-changing transactions with no exception to ensure transparent tokenomics.
Inbuilt Selling Facility - You can instantly exchange a part of your tokens for BNB coin
Futuristic Implementation - The incentivized burn function and upper capped mint function will enable us to steer through the inflation or deflation efficiently.
Locked Liquidity - Limited access to funds in the dividend vault contract to the yielding farm seeds to ensure fair profit distribution.
Simplified Yielding Farm - Profits from the yielding farm are directly proportionate to the growing vault balance, number of tokens seeded, and duration.

Token Name: Inddais
Token Ticker: INIS
Total Supply: 60 Million
Network: Binance Smart Chain

How does it work?

The farm and vault contracts supplement the Inddais token where token holders are required to seed their tokens in the farm in order to receive their share of the profits stored in the vault.

Dividend Vault - The Inddais Dividend Vault (dINIS) contract is where transfer the income generated from our business activities and which is further distributed among the INIS token holders

Total Supply & Limitations - The total supply of the native token (dINIS) of the vault contract is one hundred tokens (100 tokens), which denotes the total percentage used while calculating the user’s share on the BNB balance of the vault. There can only be two holders of the dINIS token, one is the Owner, and the other is the Farm. The owner transfers all the dINIS tokens to the Farm prior to Season Start

Dividend Payments- Whenever the contract receives a transfer request from the Farm, it multiplies the number of dINIS requested with the contract’s BNB balance and divides it with the total dINIS balance of the Farm. The contract then transfers the BNB amount arrived based on this calculation to the Farm. The ultimate beneficiary of the transfer from the vault is the Inddais user who had seeded his/her tokens in the Farm and requested to harvest the Yield.

Dividend Payment = (Vault’s BNB balance X requested dINIS tokens) / dINIS balance of the Farm

Seeding & Harvesting - A user deposits (seeds) INIS token on the farm to receive the dividend vault token (dINIS) as a bonus (yield). The vault contract calculates the equivalent BNB value of the dINIS yield based on the set dividend payment formula and transfers BNB when a user makes a yield withdrawal request (harvest) from the Farm. The number of INIS tokens seeded by the user, the total seeds made by all INIS users, and token seed duration (calculated in seconds) in the farm is the factors that are used to calculate the net yield of a user

Conclusion

The Inddais token is the very foundation of the INIS ecosystem loaded with first-in-class features like maximum decentralization, transparency, immune to inflation or deflation, simple to handle, profit, and even liquidated easily when in need. The following are the set of rules that control the way Inddais token work.