RoboFi $VICS Liquidity Lock Information
In the crypto world, when the projects become popular enough or even before the popular, users’ concern is on liquidity lock.
In this article, we will explain simply what is liquidity lock is and more in detail for RoboFi liquidity lock information.
What is a liquidity lock and why it’s important for the project?
The market is driven by supply and demand. Liquidity refers to the availability of liquid assets to a market. Let’s assume that you bought one token. If there is enough demand and supply aka liquidity in the market, you will be able to sell/buy easily. However, what if there’s no liquidity? it will be very challenging for users to sell the token they bought earlier.
In other words, if there is the ability to remove liquidity at any time, buyers may never be able to sell their tokens.
Now, let’s say a new project is promoting their token and has enough liquidity in the pool. After a while, when a buyer has bought enough token from the project, a project may redeem the liquidity tokens.
That is why a liquidity lock is very important and is a must that investors should look into it before they invest in any kind of project.
With RoboFi, we designed the lock and vesting period carefully (see above). And according to the plan, we have locked our liquidity in the smart contract.
We noticed that Poocoin chart indicates our liquidity is not locked. That is incorrect info. When you click the link from Poocoin, it doesn’t show the info on VICS token.
For the correct info, please check our official VICS BSC scan. Our top 3 wallets are locked in smart contact. Please check below:
RoboFi Token (VICS) Token Tracker | BscScan
RoboFi Token (VICS) Token Tracker on BscScan shows the price of the Token $0.00, total supply 600,000,000, number of…
Users/investors can verify the authenticity for themselves by checking whether liquidity is locked in a smart contract.
RoboFi aims to deliver the project in the most transparent way.
Join us today: https://t.me/RoboFi_VICS
RoboFi (https://robofi.io/home/) is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.
VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.