PAMP Network (PAMP)

data_probe 18

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data_probe posted on August 27, 2020 18:56:14

I've had some success in the DeFi space, and always looking for new and innovative projects to invest in and test out. One project that stands out, is https://pamp.network.
PAMP is an experimental ERC20 token, that pays inflation to holders, and penalizes sellers with an 8% burn fee, giving PAMP both inflationary and deflationary characteristics, working together to promote optimized holding Click here to see more... behavior from investors. Which in turn could give PAMP enhanced storage of value characteristics, as compared to other coins.

Other interesting points of interest include a highly active team, working towards both DAO deployment and Polkadot integration on their 2021 road map. All existing road map milestones appear to have been achieved on time.

All in all, PAMP looks like a very interesting DeFi project for anyone interested in staking coins, liquidity staking, and coins aiming to offer improved storage of value characteristics.

slim_pickens2 4

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slim_pickens2 posted on August 27, 2020 03:19:35

This micro cap gem is one of the most unique and innovative defi projects. PAMP is the first price reactive crypto currency designed to address the problem of coin velocity. It has both inflationary and deflationary characteristics. Holders earn PAMP rewards that are minted on price positive days and selling or transferring between wallets causes 8% of the coins of the transaction to be burned by a Click here to see more... burn fee.

PAMP holders have two staking options, Price Reactive, which is as simple as holding a balance of 200 or more coins and collecting rewards on days when the price goes up, or Liquidity Staking, by placing a PAMP/ ETH pair in the Uniswap liquidity pool. Liquidity staking is essentially yield farming, as rewards are paid daily regardless of the price action. At a time where there are a lot of liquidity rug scams and copy cat projects, the PAMP dev team has really set itself apart in both their innovation and their transparency. They paid for two security audits of their contract as well as offering bounties to bug hunters. This is hodl coin and I wouldn't recommend it to swing traders or people looking for a moonshot. The burn fee discourages frequent selling or transferring between wallets. It's designed to be a Store of Value: to buy, stake, hold and collect rewards.

Price Stakers can earn up to 10% on price positive days after holding their balance for over 100 days. There is also a special "Holder Day" reward employed one day a month the gives a 5% bonus to Price Stakers with a staking time of 30 days or more and 10% to a staking time of 60 days or more.

After 60 days this becomes a tremendous passive income machine. But there is a learning curve to understand how this coin works and the best way to set up your staking wallets to get the optimum performance.

It is highly recommended that you maintain at least 2 or 3 wallets to take advantage of both types of staking and a 3rd for selling. I also recommend that you DYOR and read the medium articles and the white paper on their website, https://pamp.network/ along with the linked video on liquidity staking.

This is one my favorite Defi projects because it truly rewards the patient investor and accumulation happens regardless of price action. In low price periods, liquidity staking pays daily and when the price rises, price staking pays big rewards, the longer you hold.

paulendsinl 48

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paulendsinl posted on August 27, 2020 00:59:12

Pamp is an price-reactive Ethereum Smart contract staking platform.

You can stake liquidity Pamp and Ethereum together and earn up to 25% per month or more,

or just hold in wallet and earn 10% each month once you have 60 days of hodling Pamp and up to 10% each day the price goes up.

SELLERS ARE PENALIZED 8% to incentivize Holding.