Built on the foundations of decentralization, security, and transparency, Sigma aims to redefine the way we interact with digital assets.
At its core, Sigma draws inspiration from Bitcoin, the pioneer of cryptocurrencies,
and emphasizes the importance of decentralization. By decentralizing power and control, Sigma empowers individuals,
enabling them to have a direct influence on the network and the future of the currency.
This democratic approach ensures that decisions are made collectively.
One of Sigma's standout features is its ingenious staking mechanism.
Users can deposit their Sigma tokens into a bond, which not only secures the network but also rewards them with Sigma and Bitcoin.
However, Sigma takes its innovation a step further by introducing,
a concept borrowed from Bitcoin: the halving model. Halving events, where the block rewards are reduced by half,
have long been regarded as pivotal moments in Bitcoin's history.
Sigma embraces this concept and incorporates it into its own protocol.
The Sigma halving model operates through a series of nine scheduled halvings, each resulting in a division of the inflation rate by two.
The first five halvings occur every 10 days, creating an environment of rapid token issuance that promotes network growth.
During this period, approximately 19.375 million GMT tokens are minted, providing users with ample opportunities to participate in the ecosystem.
After the initial five halvings, Sigma adopts a more measured approach. The 6th, 7th, and 8th halvings take place at 365-day interval
signaling a transition towards long-term sustainability. The inflation rates set during these halvings are 12.3%, 8.2%, and 4.1% per year, respectively.
Finally, the 4.1% inflation rate persists indefinitely as the final inflation rate,
ensuring a controlled and predictable supply of Sigma tokens.
Through this meticulously designed halving model,
Sigma manages to strike a delicate balance between incentivizing early adoption and establishing a robust foundation for the future.
In conclusion Sigma aims to revolutionize the way we perceive and interact with digital assets.
As the world embraces the potential of decentralized finance, Sigma stands tall,
offering a glimpse into a promising future of financial freedom and empowerment for all.
Tagging some influencers in the space who may be interested in this inovative protocol @sigmadefi
Once upon a time, in a world plagued by social and environmental challenges, a beacon of hope emerged:
the Monarch Social Impact Fund. This decentralized funding platform had a primary mission to support and catalyze social and environmental initiatives worldwide,
driving positive change in areas such as education, healthcare, poverty alleviation, environmental conservation, and community development.
At the heart of this groundbreaking platform was its native token, $Monk, built on the Binance Smart Chain.
$Monk was not just any cryptocurrency; it had a clear roadmap and a purpose beyond financial gains.