Sino Finance aims to provide trusted defi games for degens
In anticipation of the launch of our first game, SpeedCore, we are excited to reveal $SIFI — a multi-functional reward and incentives token awarded to early ecosystem participants.
🎰 What is $SIFI?
$SIFI is Sino Finance’s community token, constituted as a freely tradeable ERC-20 token. It was created using a standard ERC-20 generator, meaning the token is “unruggable”.
🎟 $SIFI’s Value Proposition
Holders of $SIFI will benefit from priority access to Sino Finance presales, access to a private telegram group and most importantly — a share of the house liquidity.
Here’s how it works:
- Sino Finance games use transparent, time-limited liquidity pools as means of creating a gaming environment in which players are encouraged to make tough, strategic decisions.
- In SpeedCore, for example, players have two hour in which to decide whether to accumulate, hold, or sell their $sCORE (dependent on each player’s particular strategy).
- Upon expiry of the two hour gaming window, gaming liquidity is removed. Think of this as players “locking in their bets”.
- The question is then — what happens to that liquidity?
This is where $SIFI comes in — on expiry of each game, liquidity will be pooled and re-deployed as $SIFI-ETH LP.
$SIFI holders therefore benefit from an ever-increasing pool of ETH liquidity, incentivizing the community to assist in the growth of the ecosystem, as well as rewarding players for participating in the project’s nascent stages.
These are just the initial use cases for $SIFI — more will be developed as the ecosystem develops.
🎮 $SIFI Distribution — Rewarding Early Players
Though we pride ourselves on absolute transparency, we recognize that the initial series of games will require an element of trust from our players. We want to reward that trust.
Starting with SpeedCore, all unique presale participants contributing more than the minimum of 0.25 ETH will receive 1 $SIFI until 120 $SIFI have been airdropped. This makes $SIFI the first ever gamified fair launch token!
Unlike pre-sales for Sino Finance games, airdrops of $SIFI are strictly limited to 1 per player per game. This results in a maximum of 2 $SIFI per player over the course of the full campaign.
Unique players will be verified by reference to a user’s Telegram and other social media.
🤓 $SIFI Tokenomics
- Contract: 0x2fcb73eba6e9ec116bb14a0041263dc453eb1d31
- Total supply: 250 $SIFI
- Community: 120 $SIFI
- Initial Liquidity: 60 $SIFI
- Prizes and Marketing: 50 $SIFI
- Team: 20 $SIFI
🔗 $SIFI Resources
- Website: https://sino.finance
- Telegram: https://t.me/sinofinance
- Twitter: https://twitter.com/sinodefi
