Miami, FL, Dec 14, 2022 (GLOBE NEWSWIRE) — In recent years, the new cryptocurrency facet of financial technology has resulted in over 21,000 tokens currently being traded on the blockchain. Investors are having a hard time navigating the fray with little or no guidance on how to find projects designed for long-term stability and scalability. Finding a business on the blockchain with strong utility and multiple revenue streams can be difficult, if not impossible, which can cause an investor to give up. DefiGold is a company that offers investors the opportunity to be part of a truly exceptional gold mining expedition coupled with the opportunity to also earn rewards based on their commitment to the adventure with a fully doped and experienced team.
DefiGold is a decentralized proof-of-stake company on the Ethereum blockchain that launched on December 7th, 2022 and has grown by a staggering 900% at launch. DefiGold has secured its first mining expedition, scheduled to begin operations in Spring 2023 in Montana, USA. Investors who join the community are called “miners”. Additional expeditions are currently being negotiated in states across North America. The company’s tokenomics support the mining operations and fund the investors’ reward schemes. “Miners” can buy their tokens and choose the appropriate staking program based on their trading goals. This passive income system, along with additional reward opportunities, provides stability to the project and fosters an engaged community while real-world mining operations are ongoing.
DefiGold token has a 5% purchase and sale tax, which is distributed as follows: 2% for LP, 1% for marketing, and 2% for mining/yield farming. $DGOLD has a total supply of 400M tokens, with an initial circulating supply of 79M at launch, with the remaining 311M tokens locked for future LP injections, staking pools and market maker accounts to be exchanged. 40% of taxes are allocated to the liquidity pool, 20% to liquidity staking pools, 15% to standard staking, 10% to team, 10% to yield mining, and 5% to advisors and bonuses. There are currently three sources of income for the company. These include the global mining operations, digital yield mining and monthly NFT prize draws offered to holders.
Real Gold Mining: The company’s mission is to fund experienced and proven successful mining teams. Profits from the Physical Gold Mining Expeditions are split 50/50. Half of the profits will be reinvested into additional future mining expeditions and the other half will be injected back into the $DGOLD token in the form of buybacks and staking pools.
Income “Mining” (Farming): Earn at least 14% monthly income from gold investments of the company and make proud profits. 75% of corporate investment profits will be used to expand the physical gold mining ventures and the remaining 25% will be used to buy back the $DGOLD tokens, which in turn will be fed into the staking and rewards pools.
Monthly NFT Sweepstakes: Sweepstakes are your monthly chance to win highly prized and coveted NFTs that would otherwise be out of reach for beginners. For a fraction of the value of the prize, you can purchase an NFT and enter a raffle to win the prize. Proceeds from this monthly event will be used for token buybacks and additional community giveaways.
Investors in the company have flexibility in choosing the perfect staking program. Pools have already started and just started. “Miners” can choose standard staking pools with 6 lock period options including an unlocked pool with 10% APY or their 1-year lock for up to 45% APY. Liquidity staking pools also have 6 different lock periods with an unlocked option starting at 20% APY and the 1 year option at up to 55% APY.
DefiGold is a company that brings the excitement of physical gold mining to the blockchain, lowering the barrier to entry for pioneering investors to experience the excitement of a true gold prospecting expedition. Early miners can benefit from the virtual staking platform while being in the front row of a rare, often hidden, adventure right from their computer screen. For more information about DefiGold, please visit https://www.defigold.io and join their community today.
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