Who are we?
If you are the owner of crypto asset, you might find that the crypto asset market is ever-changing. Only continuous innovation can keep the value everlasting. The current crypto art market is rising strongly, which is perfect time for the appearance of Sunflower Swap!
Sunflower Swap is an ETH-based NFT decentralized platform which adopts DeFi protocol. It firstly uses AMM and SLP (providing liquidity proof for mining) to pledge and obtain crypto assets, Sunflower (SFR), and then takes SFR to exchange NFT provided by platform. At the same time, Sunflower Swap creates an ETH-based democratized AMM, and a decentralized art collection financial ecosystem, and a DeFi distribution platform integrating decentralized exchanges, investment, lending, and SAAS services, etc.
Traditionally, artists use autographs to prove the authenticity of works. In order to verify the authenticity, experts and professional technical means are needed, which is costly. In the digital crypto world, the carrier of NFT crypto art does not have such a problem.
Sunflower Swap, a representative of NFT innovation, proposes to add cross-chain and side-chain attributes to the chain to interact with other public chains, which essentially changes the distribution mechanism of network data, thus ensuring all information on chain is eternal and immutable.
Sunflower Swap is a crypto digital art creation based on DeFi+NFT+ seamless aggregator technology. On the one hand, it matches the digital version of artwork in the traditional world with the NFT address to allow the works to be circulated, traded and displayed on the chain. On the other hand, it provides innovative programmable art token. The programmable painting is composed of a master layer and multiple layers, and each owner can change its own layer with the support of a smart contract. The current art market is niche, but very interesting. Every kind of NFT on the market promotes the circulation of artworks not in the physical world, and it also needs to use and store related information of works.
Crypto art and digital collections will usher in rapid growth in the digital world, and will have a huge impact on the collectibles market in terms of art creation, collection mode and transaction innovation.
Sunflower Swap takes advantage of aggregation functions on multiple DeFi protocols as well as the key features of composability and programmability. That is a conceptual product ecosystem that redefines the "crypto art". It is just the beginning. The various digital finance and art collections it launches will produce many token benefits and digital artworks which can be transformed into NFT. In order to make the NFT effectively circulate in the market, Sunflower Swap will build a totally decentralized global DEX exchange. Users can use SFR to tansform digital financial products and services or digital artworks into NFT crypto assets and conduct transactions between different crypto assets.
SFR Crypto Asset Pattern
1. SFR-Sunflower Swap Ecological Platform Governance Token
SFR is the equity governance token of Sunflower Swap ecological platform. It represents the priority right ( that is, the right to vote and the right to initiate proposals) to participate in any other crypto assets of Sunflower Swap ecology in the future. In addition, SFR will also serve as an equity certificate to give targeted incentives to users who have made contributions in the community.
2. Sunflower（SFR) Output And Distribution
Sunflower (abbreviation: SFR) 0 private equity, 0 pre-mining, 100% obtained by mining by miners, the total output is 60,000 pieces, the output parameters are as follows:
Stage | Daily Currency | Number of Blocks/Day | Circulation | Duration/Day | Duration/month | Block Reward |
1 | 100 | 6400 | 10000 | 100 | 3.3 | 0.015625 |
2 | 50 | 6400 | 10000 | 200 | 6.7 | 0.007813 |
3 | 25 | 6400 | 10000 | 400 | 13.3 | 0.003906 |
4 | 12.5 | 6400 | 10000 | 800 | 26.7 | 0.001953 |
5 | 6.25 | 6400 | 10000 | 1600 | 53.3 | 0.000977 |
6 | 3.125 | 6400 | 10000 | 3200 | 106.7 | 0.000488 |
Total | 60000 | 6300 | Equivalent to 17 years |
This is a distribution platform with complete community autonomy. The liquidity provider comes from the global community, and the benefits of liquidity will also be distributed to the community.
3. Service Fee Repurchase And Dividend Mechanism
The handling fee is 0.3% of the transaction volume. 100% of all Sunflower revenues (coin construction fees, mining pool creation fees, liquidity gains, handling fees, governance fees, etc.) will be used for repurchase, destruction, dividends and other contract mechanisms to give back to global community users. The destruction mechanism will stop when the total remaining 27777.777 pieces. In the end, the total market circulation will always remain at 27777.777 pieces.
Repurchase and dividend mechanism | Income distribution percentage | Remarks |
Total Output | 60000 | \ |
Transaction Fees | 0.3% of transaction volume | \ |
Commission Repurchase SFR | 0.05% of transaction volume | Equivalent to 16.6% of the handling fee |
Percentage Of Sfr Burned By Repurchase | 50% of the total repurchase | Stop the destruction until the total amount is 27777.777 |
Proportion Of Sfr Dividends Of Repurchase | 50% of the total repurchase | \ |
4. Diversified Mining Pools
Liquidity providers (SLP) can pledge different tokens according to the type of mining pool, and can obtain SFR while providing liquidity to obtain transaction fees. The pledged encrypted digital assets will be unsecured and withdrawn at any time in the form of LP (token) to obtain multiple benefits brought by appreciation. Ecological mining pools are open to the world. More and more different cryptocurrency issuers pledge crypto assets on the Sunflower platform to obtain SFR and other crypto asset income. At different stages, the platform will develop in an orderly manner, gradually opening the following deployments:
1) Main mining pool: In the first phase, PCC-ETH, PCC, PCC (lock), ETH-USDT, SFR-ETH and other main mining pools will be opened.
2) Staking mining pool: SFR is open to pledge in the first stage to obtain SFR income.
3) NFT airdrop zone: SFR holders will receive NFT airdrops based on their holdings in the second phase.
4) Ecological mining pool: In the third stage, more crypto asset issuers will open their own exclusive revenue mining pool on the Sunflower platform through rules such as holding SFR or repurchasing SFR.
5. Liquidity pool
The essence of the liquidity fund pool is the smart contract for the user's encrypted assets to be traded on the chain. All transaction mechanisms and interactive authorizations are deployed in the smart contract and have been audited for security. No one can modify it without authorization, and cannot withdraw or transfer. Encrypted assets in the fund pool. The smart contract code has been open source, the data on the chain is open and transparent, and the entire network can be checked, which fundamentally guarantees the security of encrypted assets in the fund pool.
6. Value-Added Logic
Sunflower Swap provides pledge and airdrop services for the crypto asset market, which can help more crypto asset issuers in need of transformation to implement crypto asset pledge and dividend deployment, forming a form of community interaction.
Extreme deflation, spiraling upward. A total of 60,000 pieces, through the destruction, repurchase, and dividend mechanism, the final total circulation is permanently constant at 27777.777 pieces, building a scarcity and rising price logic.
Sunflower Swap is not just about crypto art, but also about investment in the circulation of art assets.，which will be a huge market. Compared with the entire crypto market, it is still at the very early stage. However，it has enhanced the liquidity of traditional digital art and to a certain extent ensured the uniqueness of the work. After the digital artwork is on the chain, it can record the creator of the work and the process of each transaction. After being on the chain, everything is open and transparent. When digital artwork is transformed into crypto artwork, the technology locks rights and interests, and the creative wisdom and value circulation of the work are combined into one!
In short，owning SFR is like owning a crypto digital art collection! Let’s share Sunflower Swap’s interests.
More details:
Sunflower Swap：
GitHub：https://github.com/sunflowerswap
Twitter：https://twitter.com/sunflower_swap