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Author Topic: Cure Farm's Litepaper  (Read 297 times)

CureFarm

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Cure Farm's Litepaper
« on: January 04, 2021, 07:03:33 AM »
Introducing CURE

CURE is a selective deflationary cryptocurrency. The CURE project aims to let the community decide deflation of CURE through a selective mode and this strategy will uplift holding value. It shall motivate community consensus. If a participant refuses community consensus, then the punishment shall fall upon him. In a community governance project, the existence of a speculator is an unstable factor. CURE welcomes stable investors rather than speculators. In CURE, punishment transfers to reward, because the amount allocated through punishing the speculator shall be used to reward investors. This action will motivate more participants to be part of the CURE community.


Punishment is Also Reward

CURE is a project that rewards investors and punishes speculators. Each CURE community member shall obey the restrictions of the CURE contract.

Each community member can trade CURE tokens whenever they want. It is a free market after all. But when you sell the CURE token, there will be a 5% service charge. The 5% service charge will be used to maintain the team's daily operating. And that will be the team's main income.

The best way to obtain CURE tokens is through liquidity mining, which is also the best way to gain profit. But there is no turning back for you once you start liquidity mining. If you wish to unstake, a certain amount of your LP token will be deducted. CURE contract will use those LP to buy back CURE tokens and burn. This action will pump up the token price and accelerate the deflation of the CURE token. The contract is also the main power source that encourages people to join the CURE community.



Mandatory Community Consensus

We encourage each participating member to stake their pair and token in the farming pool. The contract shall reward those who provided liquidity with CURE tokens. But once you add liquidity, there will be a serious punishment if you unstake the liquidity. The contract will take a certain amount from your liquidity and put it into the treasury. This contract is designed to build a mandatory community consensus. Forcing participants to be part of the community makes each community member build a mandatory community consensus. This consensus is much stronger than any other project, which means there will not be any individual beings. The community shall be united.


The Ever-Flowing Liquidity Pool

Once CURE always CURE. If you stake your token in CURE, there are no exits for you. The contract will block you from withdrawing your liquidity. The only way to make money back and profit is through liquidity farming with a high rate of return.

The CURE liquidity pool will always rise, so does the CURE token price. We need more farmers and investors in the CURE community. The liquidity added to the liquidity pool will be the reward for our hard-working farmers and investors.



Step to Obtain CURE

Swap your ETH for CURE on Uniswap.

 Obtain CURE through liquidity farming. CURE encourages liquidity and TVL flow to the CURE liquidity pool. If you are a liquidity provider, then the contract shall reward you with a CURE token.



Extraordinary Tokenomic


Many people believe that if there is more liquidity added to the liquidity pool, it will weaken the farmer's reward. This is a fact in a lot of projects. But in CURE's tokenomic, even when the reward amount drops, holders' keeping value will increase.



Selective Deflation

CURE's strategy leads to the reduction of token circulation amount. Many people think that liquidity mining will constantly increase the number of tokens and inflation will destroy the value of tokens completely. It's not rare to find such sort of event in DeFi ecosystem. However, CURE's mandatory community consensus strategy could control the circulation of tokens:
Withdrawing liquidity will cause a fee and the fee would be used for contract buyback and burnt, which can accelerate the CURE tokens deflation.
The existence of mandatory community consensus will build up a positive relationship between participants. Participants will gain a stable and efficient profit while attracting more people to join liquidity mining at the same time; the more people participate in liquidity mining; the more CURE tokens will be locked. The decrease of circulating CURE tokens will strengthen the appreciation of CURE. After all, it would be a beneficent cycle.

Safety as Priority

Open source code will be the CURE's first move to guarantee each user's safety. Everyone has the right to audit the contract code on Github.

After liquidity mining started, CURE will add a liquidity lock on Uniswap. Once the liquidity is locked, liquidity will not go anywhere.

CURE contract will contain a 48 hours timelock, which means any action initiated from the dev team will be delayed and published for 48 hours.



Token Allocation

The entire amount of CURE tokens is one million. There is no other way to create new tokens. Because of the contract buyback and burnt mechanism, the circulation of CURE will only decrease. CURE has no presale, no pre-mining, no foundations and it is entirely operated by community governance. 20% of CURE tokens would be added to initial liquidity, and the other 80% would be produced through liquidity mining. In the first 30 days, 10K tokens will be minted per day. Halve every 30 days.



Truly Community Governance

CURE follows the principle of community governance. Community members are those who make decisions. The development of CURE will completely rely on community vote decisions. The CURE holders could vote on every single decision such as adding a new liquidity pool, removing a specific pool, and so on.



Join us for farming announcements and airdrops at our Telegram group: https://t.me/CUREFarm

Dn.Salah706

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Re: Cure Farm's Litepaper
« Reply #1 on: January 04, 2021, 11:12:34 AM »
Excellent project with good destination. I support this project very much. It seems look like a gigantic project. I will invest in cure farm project.
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CureFarm

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Frequently asked questions about CURE
« Reply #2 on: January 15, 2021, 09:48:43 AM »
1.🎈 What’s the biggest feature between CURE and other liquidity farming project?
   
  Once CURE, always CURE. CURE rewards believers (long-term investors) and penalizes deserters (short-term speculators). Our mechanism will automatically remove a certain amount of LP from those who decide to unstake, and then use that amount of LP to keep the liquidity going. This way we make sure that there is always sufficient liquidity in the pool, thus “rewarding” the believers.

2. ✊No matter how excellent your product is, everything becomes useless without Community support. What is your strategy to build a strong and solid community?
 
  Yes indeed, community support is the backbone of a project. We aim to build a positive and solid community through mutual trust and consensus. We promote our products mainly through many different platforms, where our team and members are united since we bear the consensus that CURE will be growing as more people are adding liquidity to the liquidity pool. Additionally, we advocate community governance, meaning that the community members decide everything, such as adding new pools or disabling pools. The mechanism is similar to CORE. Some call it brutal, whereas others call it creative.

3. 🔒How do you secure user’s safety? Is there any timelock or liquidity lock?
 
  Of course, we take user’s security seriously. Once liquidity is added, they cannot be removed from the CURE Uniswap LP pools because we will add a 90-day liquidity lock and a 24-hour timelock on CURE. Our team is willing to get the whole community involved in contract auditing, therefore we decide to make CURE an open-source project. CURE’s contract code can be found on Github.

4. 👫What is the biggest advantage of CURE in DeFi industry?

  Community consensus. We all know that the community makes a project alive, and the community consensus makes the community united. CURE’s mechanism can ensure that CURE community have an incredibly strong consensus. If the community wishes to gain profit, then each community member will help CURE community grow. The community will grow rapidly under the mandatory community consensus. So is liquidity in the liquidity pool and CURE’s token price.

Make sure to follow our Twitter: https://twitter.com/CURE_Farm
and Telegram: https://t.me/CUREFarm    for more up-to-date information!

 

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