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SmartBCH Spotlights : Tropical Finance presents L2 Margarita

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Avatar for PVMihalache
Written by   1035
5 days ago

Tropical.Finance is one of the early entries on SmartBCH, state of the art yield farming Dapp, exchange and NFT Marketplace

Tropical.Finance has unique features, tools and new ways to maximize APRs. The platform is easy to use, with a simple to use dashboard and extra layers of security. The Smart AntiBot System is included in token contract and blocks buying, selling, withdrawals and transfers that are repeated during a certain timeframe from the same user to a destination.

Tropical.Finance vision is fairness and transparency, offering high APRs with the lowest risks. Margarita is Tropical Finance Layer 2, with more efficient pools and a NFT Staking and Marketplace. The utility token is $MARGARITA, which acts as staking reward.

Tropical.Finance offers unique features, tools and new ways to maximize APRs. The platform is easy to use, with a simple to use dashboard and extra layers of security. The Smart AntiBot System is included in token contract and blocks buying, selling, withdrawals and transfers that are repeated during a certain timeframe from the same user to a destination. The system purpose is to block the bots that aim to sell, buy or making other repetitive transactions, drastically reducing their possibilities to abuse of system features. The Dynamic Anti-Whale System sets a maximum amount that can be transferred per transaction, avoiding flash price fluctuations. 

I missed the Margarita pre-sale, but that's not a bad thing, and bought the tokens at a cheaper price. The market dipped even more and at the moment I am far from ROI but I can see this project becoming a vital part of the SmartBCH ecosystem. Sold 0.95 BCH for 11,219 MARGARITA, and headed to the pools.

I added the stash into the Margarita pool, at 1,591% APR. This pool had a 15x boosted earning and zero deposit fee. The wrapped Bitcoin Cash and FlexUSD pool were appealing, but 4% deposit fee was crazy.

As expected, the high APR dropped day by day, at 936% after three days. The earnings were sweet, with 1,630 Margarita farmed in 72 hours.

Few more days and another batch of Margarita to drink ... pardon me... to collect. APR reduced to 673% after one week, still crazy high for a single staking pool.

Heading towards 20,000 Margarita with the third claim. Had some extra BCH and add it for more Margarita rewards. The APR was 83.92%, and I hoped that the high rate will compensate for the 4% deposit fee.

Layer 2 Margarita integrated Wonders.Cash, the NFT Marketplace. Users can trade NFTs and even stake them for rewards. Daiquiri Dudes, Tropical Monsters and Tropical Gulls were the initial collections with staking properties.

I added the Tropical Gull #329 to earn Margarita. The little dude has a funny face, but don't mind as long as it brings profit. Up to date, it farmed ... some bags of Margarita

Why SmartBCH? The Bitcoin Cash sidechain is EVM compatible, and Web3 Dapps or NFT projects can build at a fraction of the cost. SmartBCH has ultra-low fees, is fully scalable and comes with an ant-bot protocol against snipping or front-running

The SmartBCH Spotlights series:

1. Cash Cats ($CATS) - the first meme token on SmartBCH with 1,000,000,000 total token supply

2. BCHPad - a decentralized IDO protocol built on the SmartBCH chain, creating a simplified method to invest in new SEP20 tokens 

3. AxieBCH - Gaming Guild - a simple business model and a provision for players to create a play2earn source of income. 

4. BlockNG & LAW Punks - the platform powered by the $LAW token, which can be used to buy LAW Punks NFTs. 

5. CheckBook - the system that evolves the airdrops, as the tokens are sent through cheques and must be accepted.

6. Konra Token - a token with unique tokenomics and a project that will become a multi token ecosystem.

7. Tango Swap - The first SmartBCH DEX with publicly known developers. 

8. GAME - The the universal gas token for the AxieBCH gaming guild that grows in the holder's wallet 

9. Narath - The reward token meant to serve as an incentive of the holders that use Konra on SmartBCH.

10. 1BCH DEX - New LPs with top APY and single staking sprinklers

11. Oasis.Cash - The decentralized NFT market on SmartBCH

12. Goblin Cash - DeFi 2.0 on SmartBCH

13. Panda Land - Play2Earn Battle NFT Game with breeding expansion planned for 2022

14. World of Masks - A collection of programmatically generated 10,800 Masks NFTs

15. RASTJN - The Konra Kingdom reflection token: HOLD to get rewards

16. Tropical Finance - High Yield, DEX and NFT Marketplace

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Comments

Because your article, i want to study it. I also started farming to get Margarita even of only a little. 😉 Thanks Paul

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5 days ago

I think at it as a long term thing

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4 days ago

nice meme coins. subscribed to your fancy crypto articles. enjoyed!

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5 days ago