Austin, Texas Aug 9, 2021 (Issuewire.com) - After months of development and rigorous testing, Effortless Finance Developments launches and deploys their proprietary tokenomics cryptocurrency “EFFIN” on Binance Smart Chain Network. Effortless Finance, or EFFIN, is a dividend-bearing token that instantaneously pays out dividends to its investors or holders and self-generates its own financial liquidity through its proprietary tokenomics algorithm which promises higher yield rates for its investors when compared to traditional investment products such as centralized banking investments and traditional stocks or shares.
EFFIN’s proprietary tokenomics, in a nutshell, is a mix of variable and fixed percentage rates, a fixed 10% tax is applied for any transactions such as buys, sells, or transfers broken down as 4% for holder dividends, 5% allocated for financial liquidity, and 1% allocated as development funds. These fixed rates are then maximized through their proprietary tokenomics algorithm where holder dividends gain a variable increase that can reach up to a maximum of 5.6% and its financial liquidity tax allocation to a maximum of 7% without affecting the fixed 10% tax from a transaction.
Apart from EFFIN’s proprietary tokenomics, EFFIN is also the governance token for Effortless Finance Developments’ line-up of upcoming decentralized applications (DApps) which will serve as the catalyst that redistributes any profits made from their decentralized applications based on EFFIN’s proprietary tokenomics principles but multiplied by ten (10) meaning 100% of the profits made from their decentralized applications is portioned in parts as dividends for its investors, the cryptocurrency’s financial liquidity, and funding for its ongoing development.
Alongside the launch of EFFIN, Effortless Finance Developments has released Beta Versions of a few of their upcoming decentralized applications which are used on their cryptocurrency such as “EFFIN Precise” which is a useful decentralized exchange for buying or selling EFFIN, and “EFFIN Vault” a Smart Contract Token Locker where EFFIN investors or holders can monitor and keep track of EFFIN’s locked liquidity tokens. As of writing this article, EFFIN Vault is slated to release a public version of locking capabilities to allow cryptocurrency developers to launch their own EFFIN Vault for use on their own crypto projects.
About EFFIN
Effortless Finance, or EFFIN, is the brainchild of Effortless Finance Developments, a group of finance professionals and multifaceted programmers who are working on developing disruptive innovations for both the crypto industry and financial services industry that offers traditional investment products to the general public. The team’s project officially began on March 2021 when an unlikely group of cryptocurrency enthusiasts saw how difficult it was to find a truly innovative and trustworthy cryptocurrency project that can defy the dominance of traditional investment products which led to the establishment of Effortless Finance Developments. Since then, the project has continuously evolved and innovated its offering regardless of any hurdles encountered and is soldiering towards achieving its goal of disrupting the norms of both the crypto and financial services industry.
You can learn more about EFFIN by visiting their website https://www.effin.dev
Media Contact
Effortless Finance Developments support@effin.dev http://www.effin.dev
