Sled.Finance — The first RFI-style token on Avalanche $AVAX

Sled is an innovative Avalanche token that is the first passive DeFI yield generation to launch on the network.

Sled (SFI) charges a 2% transaction fee and re-distributes that fee to existing SFI holders instantly and automatically at the time of each transaction.

Because of this, 100% of the fees generated go to holders of the token. The percentage of fees you earn is calculated by the percentage of SFI that you own among holders. The yield is completely passive, so you can see your wallet grow in real time.

Supply of the token has been distributed evenly across the space via airdrop. The dev wallet holds less than 10% and will not be dumped prior to $1. There is no team or central party that is awarding the fees. Fees do not have to be claimed. No action needs to be taken on your part other than to hold SFI in Metamask.

What Sets Sled (SFI) apart from other projects?

  1. Black Hole: A wallet with 5% of the tokens is constantly burning a large portion of the supply. This has been sent to a known burn address and can never be spent.
  2. No whales: No ICO, No Pre-sale, No Fundraising. No vaults or treasuries. No community funds that could be mismanaged. No website or interface is required for the token to function. As long as Avalanche exists, SFI fees will be generated and distributed with each transaction.
  3. Low Supply: SFI has a fixed cap of 10M that is widely disributed.
  4. No risk of “Rug”: Because fee generation AND distribution is baked into the core smart contract, security risk is greatly reduced. No external contracts or interfaces need to be interacted with in any way.
  5. First to market: SFI is first to market on the Avalanche network. We are early on a network that is just starting to gain wider adoption.

Why Avalanche?

Crisp, cold — NEW
  • Faster transaction speeds
  • Lower cost (Apricot upgrade will further reduce cost)
  • First to market
  • Truly decentralized governance
  • Freedom from the noise and clamor of BSC and Ethereum.

Join us on Telegram at https://t.me/sled_finance and come join the Sled revolution!

Love podcasts or audiobooks? Learn on the go with our new app.

Bitcoin Fell to $8600 in Under 2 Minutes! Next Steps for Traders and Investors

Bitcoin, Image by Pete Linforth from Pixabay

Coinstelegram Media: Wallets Rating

Teslacoin — beyond Bitcoin

Teslacoin - beyond Bitcoin

On-chain derivatives: solving $500T problem and getting prize at Consensus 2018 Hackathon

SAT Network Introduces the Decentralized SAT Coin, a Peer-to-Peer Electronic Cash

Ferrari signs deal with tech firm Velas to create digital products for fans

The New Wrapped Navcoin Bridge For Ethereum Has Been Released!

CCN Coin of the Week: Nano

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Blockchain Riker

Blockchain Riker

More from Medium

AIRDROP CAN BE CLAIMED NOW!

How To Easily Set Up Metamask

FSWAP’s first airdrop of ODAO tokens has been distributed Announcement

ANIMVERSE IDO SLOT — STEP TO THE MOON