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Stiff Money Token (DEED)

https://bscscan.com/token/0x919efd12babc1f93ad19330fbb35e9bb16fb89e9

Stiff Money DEED staking smart contract is still undergoing testing now, and we strongly advise not to deposit anything on the mainnet until we publicly launch the product. https://testnet.bscscan.com/address/0x6efead432cf746a44d39d368fcdf59a95f6c86f9

Definition and description

$DEED tokens are governing tokens built on BEP20 Binance Smart Chain. The Staking Contract has a 10% APY LP rewards on $DEED staked into the Stiff Money smart contract.

$DEED tokens in circulation represent a $1 equivalent of $BNB swapped. $DEED can be staked on a smart contract that programmatically rewards LP providers with a fixed 10% APY paid in $DEED.

Those with $DEED staked on Stiff Money’s smart contract can vote on regions to acquire single family homes that are then resold on leased-to-own terms to homebuyers.

To acquire $DEED tokens intillay you can swap $BNB at https://stiffmoney.com/BNB-swap/ using a smart contract with zero fees until LP cap is reached.

Stiff Money Governing Token

Objective

Stable APY to attract liquidity providers who want to help others become homeowners. To provide $DEED stakers easy way to vote on where to buy real estate. To provide PEOPLE more opportunities to own a home.

Token model

-Initial market cap. $10,000,000 (10,000,000 $DEED) -Stable model. 1 $DEED in circulation equals $1+ in real estate value -Circulation. 10% increase in number of tokens each year based on #staked -Fair launch. No pre-mine or team/advisors starting with any balances -Zero Fees: No transaction cost or gas fees for staking or swapping

Governing Token Distribution

$5,000,000 worth of $BNB can be swapped at a 1 $DEED to $1.00 worth of $BNB exchange rate. Staking $DEED provides 10% APY based on the number of $DEED staked.

-50% of $DEED available for $BNB swap -50% of $DEED available for Staking Rewards

Stiff Money has a model to use profits from the re-selling of real estate to buy back $DEED to keep a stable balance between staked $DEED and $DEED held for LP rewards, and maintain a greater than $1 per $DEED collateralization.

Governing Token Framework

$DEED token holders can easily participate in shaping the decisions on where Stiff Money purchases single family homes using the platform.

Each $DEED token STAKED is counted as 1 vote.

Anyone with 100+ $DEED tokens staked can vote for any place in the world to be considered as a place to invest.

All proposals on where to invest are subject to a 60 day voting period, and any address with voting power can vote for or against the proposal. If a majority of votes are YES for the proposed region, it is added to the queue, and properties with profit potential will be searched for in that region.

Voting

All voting is done at https://stiffmoney.com/ with zero gas cost(no transaction fees).

Quorum

At Least 51% of the total amount of $DEED staked needs to vote on a proposal for it to be valid, or else it will fail automatically. Also, at least 51% of the votes for it must be YES for it to pass.

real_estate_stiffmoney's People

Contributors

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