CORD.Finance has now migrated to Binance Smart Chain (BSC) — Liquidity transfer, airdrops, vaults, with much more to come!
CORD.FinanceTrue Decentralized Finance for Global Banking
Quick FACTS about CORD.Finance
CORD.Finance is a decentralized finance project hosted on Binance Smart Chain, that uses a unique combination of smart contract technology plus real world networking to provide varied income streams and capital appreciation for its holders. The worldwide team of six project leaders has a variety of expertise that collectively supports this goal. The team includes a PhD statistician and developer with 25 years experience, tokenomics experts who understand the economics of digital assets, networking experts with international connections in such diverse areas as finance, farming, and charity, as well as both ERC20 and NFT developers. On the DeFi side, CORD.Finance runs staking pools/vaults on an ongoing basis for CORD holders (and its deflationary pairing token VACC). The CORD.Finance team actively seeks out staking partnerships with other projects, as this can provide a synergistic benefit to both projects by increasing exposure and economies of scale. Other real-world partnerships being cultivated by the CORD.Finance team include those in charity, farming and banking.
Tokenomics of CORD
Our primary token CORD benefits from a very low total supply (LESS THAN 19k), cannot be minted, and it can (and has been) burned. It is the “mothership” token, and as such will always be valuable. CORD is involved in the majority of staking tokens and pairs, for example we always have staking pools/vaults open for investors to stake their native CORD tokens, CORD-VACC-LP (liquidity pool) tokens, and CORD-BNB-LP. Staking these tokens can earn the investor rewards in the form of VACC or various partner tokens depending on current partnerships. As if all that weren’t enough, CORD has additional features including an optional small transaction tax (currently set to 0.1%) to supply the dev wallet with gas to deploy contracts, CORD/VACC buybacks thus boosting the price of both tokens, and supporting value-adding campaigns in future such as charity drives for wider exposure. Finally, CORD will be the project’s primary governance token.
Tokenomics of VACC
Our deflationary pairing token VACC also benefits from a low total supply (LESS THAN 1.9m), has a decreasing release schedule over four years, cannot be minted, and it can (and has been) burned. The tokenomics of VACC are designed with a 100:1 VACC:CORD ratio in mind. We have buy back & burn mechanics to protect this ratio from swinging too far in either direction, and thus protect VACC and CORD-VACC-LP investors from impermanent loss. Usecases for VACC are many, including staking in our pools/vaults as CORD-VACC-LP which can earn the investor rewards in the form of VACC or various partner tokens, as well as providing a global VACC hodler’s multiplier which produces extra rewards in all pools (including partner pools) just for holding VACC in one’s personal wallet—no spending required. The latter usecase puts VACC in very high demand, because only 37 people on Earth could ever achieve the max VACC hodler’s bonus awarded at a level of 50k VACC. As if all that weren’t enough, VACC has additional features including an optional small transaction tax (currently set to 0.1%) to supply the dev wallet with gas to deploy contracts, CORD/VACC buybacks thus boosting the price of both tokens, and supporting value-adding campaigns in future such as charity drives for wider exposure. Finally, VACC will be the project’s secondary governance token, with voting weight commensurate with the 100:1 VACC:CORD ratio.
CORD.Finance Staking Pools/Vaults
CORD.Finance hosts ongoing staking pools/vaults on Binance Smart Chain for holders of CORD, CORD-VACC-LP and CORD-BNB-LP. The CORD pool is the most conservative, thus staking native CORD pays the base level APY. Staking CORD-BNB-LP and CORD-VACC-LP pay higher APY. Rewards are paid as either VACC, or various partner tokens depending on current partnerships. The higher APYs for LP tokens are meant to encourage investors to participate in liquidity pools by offering incentives beyond the percentage of each trade PancakeSwap pays liquidity providers. While CORD-BNB-LP technically poses some risk of impermanent loss if one token moves too far relative to the other, the risk is minimal: you might end up with more CORD or more BNB—neither outcome is that bad. On the other hand, with CORD-VACC-LP, we strive to keep the VACC:CORD ratio around 100:1 via our buy back & burn mechanism, thereby actively protecting investors against impermanent loss. As such, we expect that the more lucrative APYs for staking LP tokens will be worthwhile to many investors.
Why new DeFi projects should Partner with CORD.Finance in our Staking Pools/Vaults
In the earliest days of CORD.Finance, we used another project’s pools to offer our early investors additional usecase, as well as attract tech talent. It worked: CORD.Finance attracted new talent including our Lead Developer as well as one of our tokenomics experts. In addition, the partnership attracted many new long-term investors. The CORD price shot up 20X, before retreating to a more “modest” 10X, from which we have formed a base and are now climbing higher. CORD.Finance has since been listed on both CoinMarketCap and CoinGecko, and are now developing at one of the most rapid paces in the DeFi space. Thus it is clear that partnering with another project’s staking pools/vaults can add tremendous value to a new DeFi project, and launch it to the next level. CORD.Finance offers this service for any DeFi project that does not yet have this technology or otherwise would like to stake their tokens on our yield farming pools/vaults.
DOES THIS REQUIRE A LOT OF TECHNICAL EXPERTISE FOR MY TEAM?
Not at all! Just provide us with the Binance Smart Chain token contract addresses of your 18-decimal ERC20-compliant staking and reward tokens, a logo graphic for the pairing that you want above each pool, and we will do the rest.
WHAT IF MY TOKENS ARE NOT 18-DECIMALS OR ERC20-COMPLIANT?
No problem; in this case we can set up pools that allow your investors to stake PancakeSwap liquidity pairings (e.g., COVAL-BNB-LP).
HOW PROFESSIONAL DO THESE POOLS LOOK/FEEL?
CORD.Finance has professional graphic artists who contributed to the pool’s design. We have also developed a very professional highly reactive UI for your investors to enjoy. With real-time dripping rewards, it can be addicting to just sit and stare at the pools—your investors will love it.
WILL MY POOLS PAGE BE MOBILE-FRIENDLY?
Yes, all our pools pages are mobile-friendly; the site will auto-detect mobile or small screens and rearrange pools and navbar contents accordingly. Looks great!
I VISITED YOUR POOLS PAGE BUT IT SHOWS NOTHING STAKED, AND MY ETHEREUM ACCOUNT SHOWS AS 0X0?
This is because you have not connected your metamask to the site, but by default we do not block visitors from viewing the layout even without a metamask account. Rest assured, the live experience is dynamic and addicting; your investors will sit and stare at your pools watching the rewards drip in. Connect your metamask to experience this firsthand.
WHY CORD.FINANCE, AND NOT ANOTHER PARTNER?
There are several reasons. First, some projects are known to dump leftover partner tokens on the open market after pools expire; we will only redeploy into new pools and only if partnerships are renewed, never dump on our partners. Secondly, CORD.Finance prides itself on building a positive community around trust and respect; you could not ask for a better group of investors to attract interest from for your project.
THIS SOUNDS LIKE AMAZING VALUE FOR MY NEW DEFI STARTUP! WHAT IS THE COST?
CORD.Finance offers partner pool pairings at all three APY levels discussed above under Staking. Our projects would exchange equal value in tokens: CORD.Finance will offer your project’s tokens to our investors as rewards in the pools/vaults, while we will offer equivalent value in our deflationary pairing token VACC for your investors as rewards for staking your project’s token on our platform. As we are hosted on the ultra-efficient Binance Smart Chain, no extra gas fees are required.
Official CORD.Finance Merchandise
Looking for some cool CORD.Finance merch? We’ve partnered with Fate Knocks to produce shirts, hats, hoodies, mousepads, water bottles, mugs, stickers and more! all with fantastic CORD.Finance logos and illustrations created by our own artistic team. 20% of all profits go to SC Help, a charitable organization that provides food, clothing and school supplies to poor Filipino families. Very reasonable prices too, so kick off the season in style and check out our storefront.
Is that all we have going on? Not even close! We have a lot more going on than we could possibly pack into one website. That is why we have our Medium account for bigger articles discussing tokenomics, roadmaps, partner projects, and much, much more. We also have a Twitter account to keep you up to speed in real time without the big read, which many of our busier investors appreciate. And of course, don’t forget to join our Telegram, where you can listen and participate in frontline discussions amongst other community members, and CORD.Finance team leaders. Join our community now, and help to shape the direction of this great project.