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God is KING | Crypto since 2017 | Ordinal OG | I make content on YouTube | Head of Marketing @AstrabitTrading

Mar 30, 2022, 8 tweets

๐Ÿš€ $300 $SPHERE #GIVEAWAY ๐Ÿš€

Sphere Finance is sponsoring a $300 $SPHERE giveaway!

1.91%/day
99,900%/yr
Autostaking
Backed by Polygon

๐ŸŽ x $300 in $SPHERE
๐Ÿฅ‡ x 1 Winner

How to Enter โฌ‡๏ธ
- Follow me + @SphereDeFi
- Like + RT
- Tag 3
- Comment $MATIC or #DeFi
- 5 Days

๐Ÿงตโฌ‡๏ธ

2/ TL;DR and Security

- The S&P 500 of #DeFi
- Buy $SPHERE on the @0xPolygon Network
- Hold SPHERE in your wallet
- Staking starts immediately and compounds every 30 minutes

โœ… KYC
โœ… DOXXED (Obsidian Council)
โœ… AUDIT (Ceritk)
โœ… 4/7 MULTISIG (Gnosis)
โœ… LIQUIDTY LOCKED

3/ Sphere is a Hyper-Deflationary Rebase token, aiming to add as much governance protocols to their treasury to reward holders.

Buys and sells also generate profit for the treasury, which reinvents those profits to mint $SPHERE to distribute to stakers.

Yields upon yields.

4/ Staking

Sphere's main product is auto-staking.

Simply buy SPHERE and hold it in your wallet.

Every 30 minutes, or 48 times a day, tokens will rebase - which is an auto compound mechanism.

5/ Advantages of Sphere

Simplicity
โ€ข Holding $SPHERE automatically activates auto-staking, allowing you to earn more $SPHERE with each rebase
โ€ข No need to use the website if you don't want to!

Consistency
โ€ข Fixed 1.910% daily / 99,900% yearly APY

6/ Advantages Cont.

Harmony
โ€ข 30 minute payouts vs 8 hour payouts on other protocols

Effort
โ€ข Liquidty used to earn more liquidty
- OTC Deals
- Curve Wars
- Convex Wars
- Solidly
- Protocol Partnership
- Multi-Chain Investments

Wrapped token $DYSON, coming in V2.

7/ Taxes

Buy and Transfer Tax
- 13%

Sell Tax
- 20-25%

Where do buy/sell taxes go?
โ€ข Investment Treasury captures 3% of all sells and 5% of all sells
โ€ข 5% to LP
โ€ข 5-10% To Risk-Free-Value

Dynamic Tax
โ€ข For every 1% of LP you hold, your tax increases by 5%

8/ Notable Achievements

โ€ข 11.8k Holders
โ€ข Bridge to $BSC - watch out ๐Ÿ˜‰ (soon)
โ€ข S.P.H.E.R.E. Game testing
โ€ข Quantum Liquidity testing

Official Links

Website: sphere.finance

Discord: discord.gg/P28abXXE3R

Wonder what $300 looks like compounded for a year? โฌ‡๏ธ

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