Decentralized finance is often called DeFi to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum blockchain.
About Defito (DTO)
A DTO token controls Defito Ecosystem. Defito is a decentralized finance (Defi) platform with the goal of providing a solution for Defi to access e-commerce such as :
- Shopping Mining
- Shopping Staking
- Automated Shopping Making
DTO is the native token in the Defito platform. Users can earn it by contributing liquidity to Defito's liquidity pool and use the token for Platform Governance and Online Shopping.
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DTO Stacked Assets
- Know About DSS -
DSS is a Defi-oriented enhancement of the Loyalty program system. As usual, each customer will have to show loyalty cards (also known as Rewards cards, Points cards, or Club cards) and Present them after each successful purchase (including online shopping) to collect the Reward Points.
From now on, each wallet address used for payment will automatically be used for bonus recognition after each order is completed. The customer's rewards points will be recognized with the smart contract and available for Spending at any time.
Max. Supply : 66,666,666 DSS
Current Supply : 22,222,222 DSS
Mining Time : 6 Months
How DSS Work ?
Defi Shopping Stake = Mining Shopping + Stake Shopping
*Mining Shopping: A new token DSS will reward every time after successful Payment, whether you are sellers or purchases uquid market place. You will receive rewards for each completed transaction.
*Stake Shopping: Earn token DSS from providing liquidity for Farm.
Reward Per Block:
1. First, 30*5760 blocks reward 7 DSS per block.
2. Next 30*5760 blocks, Rewards reduce 16.66666% until the finish.
Burn Mechanism & Governance
Token Vote: The community has some right to vote for burning token from shopping treasury. If they want token keep for further development of the reward system or Burning for growing value of DSS.
- Burning Mechanism work only for DSS, Not for DTO.
- DSS reward will be spending in Uquid Digital Shopping for Payment. The same Amount in Uquid Shopping treasury will burn.
- Burning Mechanism is work based on governance (Annual Voting).
- DTO holder has the right to vote for burning DSS in treasury.
DTO & DSS Functions Comparison
DTO and DSS's smart contracts are audited and secured by Solidified and are designed so that no one can steal the collateral that backs the value of your deposit.
DTO and DSS are non-custodial. You always stay in control; it's written on the blockchain. All user funds are locked in smart contracts without Betoken developers directly or indirectly accessing those funds.
How Stabilize DSS Value ?
- The number of DSS tokens generated by staking and mining is limited.
- If the community votes for DSS token burning, the number of tokens will become scarce.
- When the amount of tokens in the shopping fund is burned. A further amount of tokens will be repurchased from the market. This process continued over time and will significantly increase the DSS value.