What is Psychic (PSY) | What is Psychic token | What is PSY token

With different options to make a passive income nowadays on the crypto ecosystem, yield farming seems to top the list. Yield farming is a viable way of generating passive income with your cryptocurrencies. When you farm on a crypto protocol, you will earn interest from your investment.

While hundreds of crypto projects support yield farming, one platform going the extra mile in doing so is our project Psychic Finance. This Binance Smart Chain project is user-driven and would reward you with the PSY token for farming on its network.

What is Psychic Finance, and how is it different from other yield farming protocols? Read on to find out!

What Is Psychic Finance?

Psychic Finance is Binance Smart Chain project that combines NFT and innovative farming to offer crypto enthusiasts the best-in-class crypto farming experience. It consists of 3 different markets using the Binance Smart chain. These Markets include NFT, Farming, and Predict.

The PSY Token

PSY is the native token of the Psychic Finance network. It is used to pay for goods and services on the Psychic Finance network. Users can also use this token to pay for transaction fees.

If you are a registered user of Psychic Finance, you can stake your PSY LP token to earn returns on investment in PSY. You can even increase your earnings by participating in the prediction market using the tokens you earned.

The PSY Power Token

PSY Power is a stable coin in the community (1 PSY power = 1 USD) after betting on the prediction market and if the community holds an NFT card, he can get a prize with PSY power (when he wins). Anytime they can withdraw it with PSY tokens and farms. And with the power of PSY you can buy NFT cards on the market.

Prediction Market

Psychic Finance operates a prediction market where you can be rewarded the PSY token for correctly predicting the outcome of an event. For instance, if you correctly predict that the price of Bitcoin will hit $150,000 in December 2021, you would be rewarded with the PSY tokens.

Additionally, you can purchase the NFT prediction card to earn more rewards. The reward you would earn is based on your card value. While further information will be released in time to come.

We will issue more fun and attractive NFT gift cards to play in game betting.

How Can The Project Benefit Me?

Some of the reasons why you should be a part of the Psychic Finance project are:

1. The prediction market is fun, as it consists of betting, list prediction, game voting, results, and payments.

2. Participants can serve as referees, predictive registrants, and betting executives.

3. You must purchase a card to be considered to serve as a judge.

4. You can raise an objection if you feel the results of the prediction is unfair. Your objection should be raised within 24 hours from the moment the result was announced.

5. The more PSY tokens that you hold, the more rewards the participant can get.

Card Types Available:

1. common 1 star

2. uncommon 2 star

3. rare 3 star

4. epic 4 star

5. legendary 5 star

6. mythic

7. creator

8. referee

9. other fun card for card holders

Tokenomics

Token Name: Psychic Token

Token Symbol: PSY

Decimal: 18

Contract address: 0x8dbc995946ad745dd77186d1ac10019b8ea6694a

Token Allocation

1)PSY token

Founder Team: 500,000

Marketing & Development: 500,000

Farming: 50,000,000 (50%) — When farming, 75% lock for 1 year, 25% free to withdraw (this is rule by binance smart chain)

2)PSY Power token

NFT & Community Rewards: 1,000,000

Roadmap:

First Quarter (2021)

• Presale Round 1 (limited nft card edition)

• CoinGecko Listing

• Presale Round 2 (limited nft card edition 2)

• CoinMarketCap Listing

• Promotions and Marketing

Second Quarter (2021)

• Psychic NFT launch (beta)

• OpenSea.io Marketplace

• Further Marketing Drive

Third Quarter (2021)

• Predict Market launch (beta)

• Platform Official OpenReward per block:

• 1 token per block

Pool list:

1. PSY/BNB (LP)

2. PSY/BUSD(LP)

3. PSY/CAKE (LP)

• Mining times: Until reach total supply.

Looking for more information…

☞ Website ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Coinmarketcap

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