SUGAR FACTORY — THE FUTURE BRIDGE OF ARTISTS

3 min readJul 8, 2021

Introduction

Decentralized finance brings different benefits stood out from ordinary financial organizations. These join second trade settlement, the ability to collateralize progressed assets, no credit checks, and expected standardization later on. Utilizing astute agreements and circled systems, sending a money related application or thing ends up being less confusing yet rather safer. The DeFi advancement is moving traditional money related things to the open source and decentralized world, which disposes of the necessity for delegates, decreases in everyday costs, and altogether improves security.

WHAT IS SUGAR FACTORY?

Sugar Factory is a decentralized exchange protocol which allows users to swap trust-less tokens within the Binance Smart Chain focusing on the Entertainment sector. One of our strategic visions within Sugar Factory is to create monetary incentives for the most committed and motivated users. Our unique goal to discover, guide and to invest in artists for their transition into the blockchain.

We are convinced that we can create a link between new technologies within Music and Art , by doing so we can pave the way for a complete new system. Sugar Factory aims to create an interactive and playful experience for all users in order to strengthen the community in the long run. By becoming a part of the Sugar Factory and lending funds through the magic of smart contracts, you will not only earn tokens but also be a part of changing the interaction between the Music and art business.

PreSale Predictions:

Total Supply: 10,000,000,000
Presale Rate: 1 BNB = 30, 000, 000
Soft/Hard Cap: 75 / 100
Contribution Limits: Minimun 0.2 BNB / Maximum 2 BNB
PancakeSwap Liquidity: 60% (locked)
PancakeSwap Listing Rate: 1 BNB = 20, 000, 000
Presale: 2021/06/19 12:00 (GMT) ==> End 14:00 (GMT)
Liquidity Lockup Time: 2022/06/19 17:00 (GMT)

Burn & Fees Mechanism:

MANUAL BURN AT LAUNCH: 520,000,000 SGFuel Tokens
Weekly Burn: 0.10% to 0.20% of the SuGarFuel Token supply
Airdrops & Giveaway: 0.01% to 0.03% of SGFuel weekly burn
Taxes Fees: 10%

Fees Repartitions:

4.5% ==> to liquidity pool

3.5% ==> to SGFuel holders

2.5% ==> to Dev & Team expenses

In conclusion:

1. Liquidi ty providers get a return based on the amount of liquidi ty they are providing into the pool as rewards.

2. SugarFactoryBsc aims to incent ivize i ts communi ty.

3. The SugarFactory exchange will close the gap between ar t and technology.

Roadmap Release

Based on our staking and reward projections, we will allocate a fair amount of tokens on staking rewards. This will incentivize stakers to hold their tokens during the early stage of the Sugar Factory development. In addition more features will be launched and revealed with the release of our Roadmap.