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New Proposal of a Mascot(Meme) Coin that would work with VaporDex new Stratosphere system

Mascot Coin That is like a Meme coin only has some extra properties to it. While I am a Bawls holder, I do think this coin has room and could work for vapor.   Its not really a Meme coin because it has extra value and would I think be first Mascot(meme) coin to be launched by a Dex that has properties that help with fee on the Dex.   Think like Crypto.com has bonus’s for having their Credit card for holding Cro but this would be like that plus holding NFT’s.   But the biggest part is bringing more transaction on Vapor. Also, with bawls I have seen a lot of feedback on twitter about not wanting to take part in it because all meme coins on Avax have been a little pornographic.   CoQ, Bawls, Vag, etc… Coin name: VaporFi Mascot         Total Coins 420,420,420,420,420 Logo could be the Boarded Yacht Club Pic with Token name around it in a circle and ridges around it so it looks like coin  Or just the VaporFI logo Extra Possible Properties -        1% of total Coins held for Air Drops to Stratosphere members -        Cool down of 1 second on trades from same address (anti-Bot) Not sure if it can be done so can’t buy and sell on same fraction of a second. Might not be worth the time they can set up a second wallet and push both transactions through? -        Initial Launch only open to Stratosphere members Limited to ½% of total initial supply minus the 1% for airdrop -        Burn Mechanism with NFT pack system.   50% of purchase pack gets burned giving Mascot Coin a deflationary value and 50% is returned to air drop NFT structure (Maybe our partnership with Hatchey can help here.) -        Lauch with NFT’s Pack (100Mil per Pack declining per series since so much will be burned would have to do the math to find the best price point) where you open the pack to reveal your Mascot Card (have Rarity versions too like opening baseball cards. (With link to page on Dex to see and trade these) Could also be linked to when Node NFT’s go live to sell them. NTF’s packs can only be bought with VaporFi Mascot Coins too. -        Each Series is limited to the season time frame 1-2 months (I know long in crypto). -        NFT’s can be traded after pack open for only VPND bringing VPND back into more value. -        Full collection of cards could up your stratosphere level but each card owned/Pack open gives x number of points this is a way to level up your stratosphere and display Stratosphere NFT(with an Early Adaptor Card for those who were in prior to upgrade of Stratosphere system (Non Tradeable). -        Each Series contains a new Mascot Season (limited to the packs #) Some examples of Mascots are Lil-Smokey, Angry Chicken, Puff-Puff, 420, ETC.  Could do a theme around 1 Mascot for that season and let the community vote for what one they would like. -        NTF would be a VaporDex theme -        NFT consist of 20 different images each Season -        1 Ultra Rare 5 Rare and 14 Common -        Each Season has its own page with each picture grayed out till you own it.  Once you own it becomes highlighted and below it is a number of copies you have of that one. -        Ultra Rare card is guaranteed on 50th pull and odds go up as you get closer to 50th pull.   Pulls 41-4

Jim Pabon over 2 years ago

Add "Maxout" Bonus for Liquid Mining Staking

Governance should consider how to encourage people to max out their mining passes. One idea is simply adding a Max Out Bonus for lower mining pass levels. This would serve a couple of goals. 1) Drive demand for VPND by users who want to max out a mining pass level 2) Increase potential participation in paid mining passes (increasing revenue for DEX) 3) Give lower VPND holders a better ROI and make it more worthwhile for them to participate (which helps items 1 & 2 above) Here's how I see it working: If a user stakes the maximum VPND for a mining pass, a season-long boost is added to their point totals Level 1:: 5% Max Out Bonus (Stake 10k VPND, get equivalent points as if you had 10,500 VPND staked) Level 2:: 3% Max Out Bonus (Stake 25k VPND, get equivalent points as if you had 25,750 VPND staked) Level 3:: 3% Max Out Bonus (Stake 60k VPND, get equivalent points as if you had 61,800 VPND staked) Level 4:: 2.5% Max Out Bonus (Stake 150k VPND, get equivalent points as if you had 153k VPND staked) Level 5:: 2% Max Out Bonus (Stake 350k VPND, get equivalent points as if you had 357k VPND staked) Level 6:: 1.5% Max Out Bonus (Stake 800k VPND, get equivalent points as if you had 812k VPND staked) Level 7:: 1% Max Out Bonus (Stake 1.8M VPND, get equivalent points as if you had 1.818M VPND staked) Level 8-10 get no bonus The latter is intentionally left with no bonus, as once you reach this level your ROI is substantially better than the lower levels, and whales at these levels will benefit from the increased demand for VPND and increased revenue for the DEX.

Justin McCormick almost 3 years ago

2

Allow LP Providers To Choose Their Rate Whgen Creating an LP

When creating a liquidity pool, the liquidity provider should be able to set (or choose from presets) different fee structure percentages for the liquidity pool. For example, Uniswap allows illiquidity providers to choose from 4 different fee tiers. 0.01% - Best for very stable pairs 0.05% - Best for stable pairs 0.30% - Best for most pairs 1.00% - Best for exotic pairs TraderJoes has three tiers. 0.25% 0.5% (0.4% Base Fee) 1.0% (0.8% Base Fee) Currently, the default fee structure is 0.29% across the board. Liquidity providers want to pool their funds where they can get the best ROI for their money. Right now, our Dex can't compete with it's current fee structure limitations.

Justin McCormick almost 3 years ago