According to the project's developers, $REFLEX is the only new token with a strong community and a transparent core team committed to creating value and engagement through multiple utilities.  
The experienced Reflex Finance team is committed to continuing building on the fight for better tokenomics integration when listing on exchanges. The project backers recently listed their token on BitMart Exchange.

The crypto platform has also amassed nearly 5K hodlers in the first week alone and paid out $1.6M in BUSD rewards to users. $REFLEX is quickly hitting milestones and is well poised to overtake EverGrow Coin with its lifetime rewards.

Reflex Finance Staking is Live!

Reflex Finance has rolled out its staking application that allows $REFLEX hodlers to generate as much passive income as possible on top of reflections. The function went live on February 17th, a day earlier than indicated, and the buy action is going wild, with 35% of tokens already staked.

Reflex Finance offers attractive introductory Annual Percentage Rates (APRs) of 5-20%, with occasional promotions as high as 35%, on staking periods of 7, 30, 90, and 180 days. Token holders enjoy fixed APRs for the whole lock duration and continue receiving BUSD rewards as usual.

The staking process is secure, as tokens are locked in a user's own customized Reflex wallet that offers a straightforward way to claim BUSD rewards manually. Besides enabling crypto enthusiasts to store and stake $REFLEX tokens safely, the rewards dapp also allows users to track the total reflections paid out, current holders, the $REFLEX price, volume, and market cap.

What Features Are Coming On Reflex Finance?

The Reflex Finance ecosystem will offer many more utilities that will be released throughout 2022. The project team is developing a customized NFT Marketplace on BSC where artists can mint and list custom NFTs for Reflex Finance and the community.

The project also plans to roll out its game-changing Legion Launchpad in Q1 of 2022 to give new crypto projects the best possible start to their journey. The upcoming Launchpad is already generating a lot of buzz within the crypto space with its promise to offer users 100% secure token launches.

Legion aims to protect investors against rug pulls and to offer unrivaled customer service and support. The Reflex Finance-powered Launchpad integrates other exciting functions, including accelerated buyback and burn, and Coinmarketcap/Coingecko help to ensure tokens get listed faster.

The developers will also create a Play-to-Earn game and an Influencer Marketplace scheduled for release in Q2 and Q4 of 2022, respectively.

About Reflex Finance

Reflex Finance is an ecosystem that aims to create wealth for its users as it sets out to usher in the next generation of crypto. The project's native hyper-deflationary token offers holders 8% reflection rewards paid out in BUSD.

Join the $REFLEX token's journey to the moon and enjoy lucrative reflection and staking rewards. To connect with the fast-growing Reflex Legion and stay updated on the latest news, check out the social media links below:

| Telegram | Twitter | Instagram | Youtube  | Discord | Reddit |

The start-up has raised $144m in equity, led by SoftBank, and $150m in debt financing.

Funding Societies, a Southeast Asian SME digital financing platform which goes by Modalku in Indonesia, today announced that it has raised US$144 million in an oversubscribed Series C+ equity round.

The post Funding Societies Raises US$294 Million in Series C+ Led by SoftBank appeared first on Fintech Singapore.

Shumo, a deflationary token built on the Ethereum blockchain, is making waves in the crypto space has launched its token. Within a few days of launch, it has received noticeable volume without kick-starting its marketing.  Shumo intends to solve the problem of sustainability by generating its own revenue and holders share 100% of the profits. […]

Just 10 hours after the launch, the project already had 2,696 holders, $806,278 paid out in BUSD, and a $22M MCap. At the moment, there are over 4,000 holders and $1M already paid out in BUSD. In addition to exciting news, the project is bringing a secret utility in Q4.

The financial platform is creating a solid and infinite growing community. With its innovative and experienced team, Reflex Finance offers the crypto community a stable way of earning passive income. The project aims to disrupt and revolutionise the industry to benefit the crypto community ultimately.

Legion Launchpad at Work!

Recently, a Reflex Finance-backed project dubbed the Legion Launchpad will go live in the first quarter of 2022.  The launchpad aims to create a 100% secure token launching platform that is rug-proof on their network. According to Reflex's team, the launchpad was made by the people for the people. In addition, the team suggested that Reflex does not have long waiting periods or ignores new projects like PinkSale.  

By merging an all-in-one dex and launching platform, your buying power will be quicker and more precise on locking in costs and benefiting the community. The accelerated buyback and burn also helps the project to run fast. Notably, on Feb 2, the projects were listed on CMC and CG .

Staking to Earn on Reflex

Members of the Reflex community can stake their $REFLEX tokens on the staking dapp to obtain staking incentives in the native token. The Reflex Finance staking scheme is unusual in that, in addition to collecting $Reflex, stakers can also receive BUSD when they unstake. It's essentially the same as having a savings account with interest.

There is a 10% penalty if you unstake the total funds and lose stake incentives. Reflex will lock the APR of your stake. As a result, whether the project grows or decreases, the holder, who is locked in at the existing APR, will be unaffected. The staking period ranges from 7 days to 180 days with 5% to 40% APR ranges.

Tokenomics 

The total supply of $REFLEX is at one quadrillion. The ongoing presale will utilize 32% of the tokens and close on February 12, 2022, at 16:15 UTC. The presale rate is 1 BNB (400,000,000,000 Reflex tokens). The minimum purchase will be 0.1 $BNB, while the maximum will be 5 $BNB.

Note that the smart contract will distribute 8% of the total volume to all token holders. As a deflationary token, 1% of the tokens will be repurchased and burnt over time. Similarly, 34.1 % of the total token supply was burned before the presale. 

Reflex has set the locked liquidity for 14.9%. The individuals of the private sale are contractually obligated to hold $REFLEX for six months after launch. Meanwhile, the project reserves 3% of the tokens for future hires. Future hires will grow as the platform unlocks new features and brings in more use cases. 

The private sale will account for 14% of all the tokens. 2% of the total supply represents the team tokens, and the project will never sell these coins. The project will only pay the team in $BUSD reflections.

Roadmap Details

The first quarter of 2022, according to the roadmap, has already had a PinkSale presale, KYC, and Interfi audit. There has already been a Pancakeswap listing, CMC, and CG listing, all within a day of its launch. Meanwhile, its marketing campaign has just set off. In addition, we expect to see an NFT marketplace, $REFLEX staking pool, and dApp integration.

In the second quarter of 2022, there will be an NFT giveaway, team expansion, and a play-to-earn game launch. There will also be the wallet app launch, DEX listings, and voting.

In Q3 of 2022, Reflex Finance will give a sneak peek of the secret utility that they believe will disrupt the crypto space for the better. There will also be more exchange listings and $REFLEX merchandise. 

Towards the end of the year, in Q4, there will be a $REFLEX exchange, team expansion, and Reflex influencer marketplace.

About Reflex Finance

Reflex Finance is a cutting-edge liquidity generation and staking platform that allows you to earn consistent passive income. The project included an anti-whale mechanism to safeguard smaller investors. According to the team, the project aims to develop different income streams and new possibilities for the community.

Website: https://reflexfinance.net/ 

Telegram: https://t.me/reflexfinanceOfficial 

Twitter: https://twitter.com/Reflex_Finance 

Instagram: https://www.instagram.com/reflexfinanceofficial/ 

YouTube: https://m.youtube.com/channel/UCIcGozPp0vTrLbtc83AgzFg 

Discord: https://discord.gg/reflexfinance 

Reddit: https://www.reddit.com/r/ReflexFinance/

February 9, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Evaluating crypto-asset risks this year is a priority for the[...]

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Pune, India, Feb 2, 2022 - (ACN Newswire) - Shaktiio is a pioneering endeavor that intends to develop an anti-liquidation protocol that assures that cryptocurrencies used as collateral are not sold and forcedly liquidated if their value falls below certain limits or the amount of debt owed. Its debut is closely approaching, as the ICO is set to take place on 1 March 2022.

Overall, the SKTO token will have a fixed supply of 1 billion tokens, with an initial supply of 560 million tokens accessible during the token sale, assuming a minimum aim of $100 million being reached. Initially, 1 ETH will be equivalent to 22,222 SKTO. If the plan goes accordingly, there will be a 1 million token distribution for ICO investors in the aftermath of the ICO event. Out of the remaining token supply, 340 million will be locked for 3 years, being also eligible for any eventual burns. Lastly, the remaining 100 million will be utilized for promotions and claims reserve.

Most importantly, an ETH reserve will be set up to ensure that all tokens sold during the ICO are secure. The protection of ICO investors comes first, as any investment is assured by a 100 % buyback endeavor which guarantees that any investment can be received in the amount of ETH they invested. Essentially, they want to reserve the ETH fund as a guarantee to their customers' lending platforms, aiming to utilize the fund's interest portion to support the project's development. Although claiming ETH is not immediately accessible, they are prepared to collect votes for the next stage. Furthermore, after three years, investors are eligible for an ETH claim. In the event that their token does not appreciate as projected above ETH proportionately in three years, they will have the alternative of refunding their ICO investors in ETH, alongside with the acquitted fewer transaction costs that they have already paid.

The team at Shaktiio's has vast expertise in the financial industry, and they are fully acquainted with the scope and nature of the issue. This team will do all in its power to put the Anti-liquidation Protocol into effect since they are certain that the financial market needs this solution.

Because security is of the utmost importance to Shaktiio, the system will gather customers' unique identity data to prevent fraudulent claims. Moreover, the system will only allow BTC, ETH, XRP, and NEXO tokens to be leveraged as collaterals. At the time of enrolment, the LTV quantum will be less than 50%, and there will be one time 30 days premium on collection. Aside from that, there will be 5 days of free coverage after in-force protection.

Check out Shaktiio's website to stay up to date with the latest development and embark on this unique project's journey.

Social Links:
Telegram: https://t.me/balajilandge

Media Contact
Company Name: SHAKTIIO INNOVATIONS
Contact Person: Balaji Landge, Founder
Company E-mail: [email protected]
Website: https://shakti.io

SOURCE: SHAKTIIO INNOVATIONS

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

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Key point Ripple labs battle with SEC lawsuit. The company just buyback $200 million…

The post Should you buy XRP amidst the ongoing lawsuit with the SEC? appeared first on Coin Journal.