Coliquidity is more profitable than buying & selling tokens
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50% of the fees go to buy & burn of $COLI token
50% of the fees from Coliquidity contract are used to buy & burn the $COLI token, reducing the total supply forever.
Change fee structure & other contract parameters
50% of the fees are used to buy & burn $COLI token with permanent supply reduction
30% stable APY for yield farmers
Coliquidity will direct 50% of the fees towards buying $COLI token on the open market & burning it, permanently reducing the circulating supply.
BNB and FTT - two of the most successful tokens - have a buy & burn program, so we decided to use it for $COLI token as well.
$COLI token will allow holders to vote on protocol parameter changes:
New insurance providers.
Additional rewards for holders.
We truly believe that empowering token holders to vote on important parameters will allow Coliquidity to better serve its users.
To reward long-term holders, $COLI token will provide 30% stable APY.
We believe that such APY strikes a balance between incentivizing people to hold & smoothing out the emission curve.