Blockchain
SymBULL’s Time Square Billboard Displays 8% Rewards in BUSD
New York, New York–(Newsfile Corp. – November 21, 2021) – The
Figure 1: SymBULL’s Time Square Billboard Displays 8% Rewards in BUSD
According to the team, the SymBULL token is deflationary and will gradually become scarcer with time while all holders are entitled to an 8% reward for every Buy/Sell transaction conducted on the Binance-pegged BUSD. Each investor will receive the reward automatically in their wallet.
Since its launch, the token has burned over 60% of the total supply while more supplies are burned daily. While holding the token, holders will earn BUSD per transaction. Holders can use the DAPP on the token’s official website to track their rewards, the team explained.
Features
First Ever Bull-Run Mechanism in Cryptocurrency: The Buy-Back reserve will get 3% of each transaction conducted with the token. The team explained that the collected fees will be converted into BNB after which they will be locked and stored in the token’s contract.
To secure the contract and ensure that the BNB in the Strategic Reserves can’t be withdrawn, the team coded it. It can only be used to buy the SymBULL tokens back from the open market so they can be completely burned.
The contract has two Buy Back Systems: Bull Run Buyback and Bull Rise System. The former is a large buyback used at specific moments for users to generate a big green card in the chart when it is most needed while the latter comes in handy at low volume. This triggers small buys to discourage holders from selling prematurely.
BUSD Reflection
Users have two options to receive their rewards. They can receive them through the dAPP Dashboard on the token’s website or get it credited into their wallet automatically. This implies that the SymBULL and Stable Yield work in parallel and generate a Compound Reflection effect that can have a considerable positive effect on users’ holdings.
Liquidity Pool Stability: 3% of each transaction conducted through the token will be converted into liquidity to be used on PancakeSwap. The exchange is responsible for using its liquidity pool mechanism to fix a major DEXs’ challenge: low liquidity.
A liquidity pool contains tradable pair of tokens and is credited by the project’s smart contract with 3% of every buy/sell traction as $BNB and SymBULL.
Anti-Whale Built-In: Speaking further about the contract, the team explained that it contains a built-in anti-whale feature that deters holders from buying anything higher than 0.1% of the token’s total supply at once and thus reduce to discourage big selloffs.
BullRun NFT Series: The BullRun NFT Series will be launched as a part of a PFP NFT blockchain game nicknamed BullRun. As a metaverse, the BullRun is built around world gaming while offering holders a chance to incorporate future value into their BullRun NFTs.
Buying and selling the token attracts a 14% transaction fee that is judiciously used thus:
- 8% rewards as BUSD to holders.
- 3% BullRun mechanism and burn.
- 3% added to liquidity.
About SymBULL
The project is backed by a team of developers with some 30 years of banking experience looking to partner with DevTeamSix in the future.
Facebook: https://www.facebook.com/SymBull
Telegram: http://t.me/symbull
Twitter: https://twitter.com/SymBULLCoin
Media contact
Company: SymBULL
E-mail: [email protected]
Website: https://symbull.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104566
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Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
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