The Power of the Power Vault
Ensuring the token has constant buying built-in
Our wise and intelligent community are now increasingly becoming familiar with our Liquid Vault smart contracts, and we are now set to unleash the Power Vault.
As in the Marvel Multiverse, this Vault is exactly like the power Stone — “The Power Stone was a powerful weapon capable of granting a person great, cosmic power.”
This Liquid Vault makes INFINITY the only protocol that gives a token buying pressure while attracting outside liquidity to the Liquidity Pool (see below) through a discount on LP tokens and locking system that locks the LP for a period of time.
How it Works
The Power Vault creates buying pressure on the token, which drives the price up.
In order to make the natural Liquid Vault discount on LP less than 50% an ETH / BNB “fee” is applied. In the Power Vault this fee is used to buy more tokens for the vault. Your ETH (Ethereum version) or BNB (Binance Smart Chain version) is paired, after deducting the fee, with Infinity tokens in the Liquid Vault to create liquidity provider (LP) tokens.
For example: A 20% LP token discount means a 30% Fee —
For an LP explainer, please read the Uniswap version here and the Pancakeswap version here.
Mechanism
The Fee will be collected into a smart contract. In order to activate the buy pressure, any user can press the “Buy Now” button on the website (note: this will appear when the Power Vault goes live); the Fee is automatically swapped for INFINITY tokens.
The tokens that are swapped on Uniswap / Pancakeswap are autonomously sent to the Power Vault, where they replenish the pool that can be claimed by users who send ETH / BNB. This creates the ultimate positive feedback loop, as anyone wanting to claim those tokens from the Power Vault will again send ETH / BNB — meaning the process starts again!
Fee on Transfer (FOT) fees will also flow into the Power Vault like with previous vaults. The same process will apply as it does on the Space Vault now — hit the “Call FOT Fees” button and these fees are ALSO released into the Power Vault!
There will again be a discount and lock period —please join the vote on Telegram to have a say.
Next Steps
The Power Vault will be launched simultaneously on both the Ethereum and Binance chains. Then we will discover its true Power.
Learn More
Website: https://infinityprotocol.io
Telegram: https://t.me/infinityprotocol
Twitter: https://twitter.com/infinity_proto
Discord: https://discord.gg/2csZhNGPdy
