Article Summary, Automatically Generated By AI
Summary of Thoreum V3
Key Points
- Thoreum (THOREUM) is a hyper-deflationary, liquidity mining token on Binance Smart Chain.
- It has five auto rewards ecosystems and can be exchanged to BNB.
- Token owners can earn up to 40% real static rewards by holding coins in their wallet.
- Thoreum is hosting a Lamborghini contest for token holders.
Founders and Uniqueness
- The developers are currently anonymous.
- Thoreum claims to be the first to offer fee-free staking using Thunder Boost.
- It rewards holders with
Introducing Thoreum V3: A New Era of Innovation
Introducing Thoreum (THOREUM): A Comprehensive Overview
Thoreum (THOREUM) is a cutting-edge, hyper-deflationary token optimized for a HODL strategy, boasting a unique liquidity mining mechanism. Dubbed “SafeMoon 2.0” by its founders, this BEP-20 token operates seamlessly on the Binance Smart Chain. Notably, Thoreum features five innovative auto-rewards ecosystems, with the added benefit of seamless exchangeability to BNB.
Thoreum presents a unique opportunity to reap double staking rewards, allowing users to either compound their growth or earn additional third-party tokens. Furthermore, staking in Thunder Farms and Thunder Alliances farms is exempt from taxation, providing an added incentive for participants.
Thoreum token holders can reap substantial static rewards of up to 40% simply by holding their coins in their wallet. This is due to the fact that while the reflection on each transaction amounts to only 4%, the entire amount is distributed exclusively to wallets holding less than 10% of the total supply. Notably, over 90% of the total Thoreum supply is currently staked in Midgard pools and Thunder farms. Furthermore, Thoreum is also hosting an exciting Lamborghini contest, where token holders can participate to win a brand new Lamborghini Huracan. Contest entries are determined by the total holding value of THOREUM tokens, encompassing the value of Thoreum in one’s wallet, pool, and farms. Specifically, every $100 USD worth of Thoreum held is equivalent to one lucky draw ticket.
The Visionaries Behind Thoreum: Meet the Founders
The developers behind this project have opted for anonymity, a common practice in the cryptocurrency realm. Neither the Thoreum website nor the white paper provides insight into when the founders intend to reveal their identities. However, it is possible that they may choose to do so as they progress to subsequent phases of their roadmap.
Unveiling the Unparalleled Thoreum Advantage
Thoreum pioneers a novel approach by introducing fee-free staking through its innovative Thunder Boost mechanism. Notably, this mechanism enables rewards in third-party coins, a distinctive feature of Thoreum. By staking THOREUM in one of its earning pools, holders can earn rewards in other crypto tokens, such as BNB and BUSD, while simultaneously accumulating Thoreum rewards automatically. The magnitude of Thoreum rewards also sets it apart from other coins. Thoreum boasts the highest buyback and burn rate of all coins, with 10% of each transaction allocated to the “THOR” contract for BNB buyback and burn. This mechanism decreases the supply of Thoreum over time, potentially increasing the token’s value and benefiting holders in the long run. Impressively, THOREUM is consistently burned at a rate of 4-5 million per day, with a daily growth rate of approximately 100 BNB.
Thoreum boasts the most substantial real static rewards for its holders, where a substantial 40% of each transaction fee is automatically allocated to coin holders. Notably, with 90% of the total supply secured in high APR pools, the remaining 10% in the wallet effectively yields holders an equivalent 40% reward.
Notably, Thoreum boasts an innovative Thunder Alliance mechanism, distinguishing it as the pioneering reflective token that enables users to seamlessly farm in other yield farms and stake their tokens, all while avoiding any fees. This remarkable feature is made possible by Thoreum’s strategic alliances with reputable farms, renowned for their secure and trustworthy, rug-pull-free environments.
Thoreum also boasts a referral system designed to expand its user base, whereby referees receive a perpetual 3% commission on the earnings of their referrals.
The Circulating Supply of Thoreum Coins: An Overview
Thoreum (THOREUM) boasts a total supply of 5 billion, with an initial 3 billion coins being burned, leaving an initial circulating supply of 0.5 billion. The remaining 1.5 billion will be gradually unlocked through liquidity mining. As of September 2021, the circulating supply stands at 282,376,260 coins.
The aggregate transaction tax amounts to 12-14%, comprising 4-6% allocated as static rewards, while the remaining 8-10% is dedicated to the buyback and burn mechanism. Notably, the total value locked (TVL) across all farms and pools has reached a substantial $20,638,656.
The Thoreum Network’s Robust Security Mechanisms
Thoreum has undergone rigorous auditing on three separate occasions, including a thorough examination by Certik, with the resultant reports yielding a flawless track record, devoid of any issues.
THOREUM is a BEP-20 token situated on the Binance Smart Chain (BSC), a platform fortified by the proof-of-stake consensus mechanism. Every 24 hours, a cohort of 21 validators is elected to validate transactions and ensure the integrity of the blockchain. To be eligible for this role, these validators must stake a predetermined amount of BNB coins with Binance.
Will Thoreum Coin Reach the $1 Milestone?
Throughout the year, Thoreum has oscillated between a low of $0.005732 and a high of $0.03115. To breach the $1 mark would necessitate a staggering 32-fold price surge from the current average, a feat not entirely unattainable, particularly within the volatile crypto landscape. Nevertheless, as is often the case with most digital currencies, achieving this ambitious target would largely hinge on the project team’s ability to fulfill its objectives and garner sufficient community support.
Where to Acquire Thoreum: A Comprehensive Guide
We are thrilled to announce that Thoreum has successfully listed on PancakeSwap V2, marking a significant milestone in our journey.
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