TiFi Announced Partner Investor Program to Gain Long-Term Token Holders
San Francisco, Feb 15, 2023, The TiFi Team.
Samuel Zhou, the CEO of TiFi announced a new plan to gain long-term token holders and make TIFI a high-value token asset. This is a partner investor program for TiFi Token diamond hands and big investors, who want to hold TIFI for more than a year. Samuel also explained the incentive mechanism for people to stake and lock the token in an asset pool to make TIFI a high value asset. This program not only brings extra earning for long-term holders, but also benefits small investors who have concerns on big whale sell-offs.
The Partner Investor Program is open for every investor who holds no less than 100 billion TiFi Token. TiFi calls these types of investors as partner investors, because it will help TiFi Token to stabilize the market and make TiFi a safe and valuable asset to invest in. This program requires partner investors to lock no less than 100 billion TiFi Token for at least one year in a decentralized smart contract. And these token holders can unlock the token after one year, get the reflection reward of the locking period, plus the incentive rewards. The more an investor locked, the higher rate the investor will get from the incentive rewards, here are the levels of incentive reward rates:
- For holders who locked no less than 100 Billion TIFI but less than 200 Billion TIFI, the incentive reward rate is 25%.
- For holders who locked no less than 200 Billion TIFI but less than 300 Billion TIFI, the incentive reward rate is 50%.
- For holders who locked no less than 300 Billion TIFI but less than 400 Billion TIFI, the incentive reward rate is 75%.
- For holders who locked more than 400 Billion TIFI, the incentive reward rate is 100%.
For example, if a holder locked 150 Billion TIFI, one year later, he/she will get 187.5 Billion (150 x (1 + 25%))TIFI plus reflection reward during the year.
“It will be an important supplement for existing earning features in TiFi Bank,” said Samuel Zhou. Existing staking feature of TiFi Bank offers flexible staking terms and investors can unstake tokens whenever they want. However, it brings the concern of big whale sell-offs and fear away small investors.
With this program, it introduced a fixed time staking with a fixed rate, so people cannot unstake before the contract time ends, the sell-off concerns will be minimized and true diamond hands are willing to hold longer because the rewards terms are guaranteed.
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