What is Pepper Finance (PEPR) | What is Pepper Finance token | What is PEPR token
In this article, we’ll discuss information about the project Pepper Finance and PEPR token
Pepper Finance
Intro
Pepper Finance is a decentralized exchange running on Binance Smart Chain and Pancake swap exchange, with lots of other features that let you earn and win tokens.
What we are trying to do is create a perpetual deflation token, the PEPR, that allows a constant price pump with a sufficient burn mechanism. We are not trying to replace the swap & exchange but to add value into the system and create a suitable and sustainable environment for people to yield farm with high APR.
Features
Unique burning mechanism
We are trying to create a strong burning mechanism that increases the token price constantly
- 4% burn fee will be charged at staking (current rate)
- The burning transaction fee (90% of the 4%) will be used to purchase PEPR, WPEPS and burnt
Earn
- We hope to create a PEPR for everyone to farm from it! Earn PEPR, and other coins (to be determined) while staking.
Security
- Timelock added to contract at launch
- Removed migrator code (inherited from Pancake swap)
Pepper Finance TOKEN (PEPR)
Ticker: Pepper Finance (PEPR)
Contract address: https://bscscan.com/address/0x946aaa7a2c6221650c2bf1233ca41dbb4ddf9b78 Chain: Binance Smart Chain (BEP-20) Supply: Unlimited
Emission rate:
1 PEPR/block
28,800 PEPR/day
9.09% will be sent to the developer’s address for further partnership & developer funds.
Deflationary Mechanics:
- Farms & pools will get corresponding PEPR depending on the multiplier shown on the top left corner.
Burn:
80% of the 4% fee will be used to purchase PEPR and burn this token.
10% of the 4% fee will be used to purchase WPEPS and burn this token.
10% of the 4% fee will be sent to the developer’s address as payouts.
Initial minted: 0 PEPR
Burn Mechanism
There will be a transaction fee during staking which will then be used to purchase PEPR. The current transaction fee is set at 4%. We will review the price of PEPR and see if we should increase or decrease the fee.
Burn:
- 80% of the 4% fee will be used to purchase PEPR and burn this token.
- 10% of the 4% fee will be used to purchase WPEPS and burn this token.
- 10% of the 4% fee will be sent to the developer’s address as payouts.
PEPS IN NEAR FUTURE
PEPS is the currency for the Future. Today you can use it as a Cryptocurrency but tomorrow it will become the typical choice for Everyday Expenses. How? Because you can use PEPS Payment Gateway for your everyday bill payments and other recharges. When you need Cash, you can go to PEPS ATM Machines and withdraw your old favorite banknotes. At merchant stores, you can swipe your PEPS Crypto Card and make payment to your merchant!
This may sound little futuristic, but you never know which coming day PEPS become your primary method of making transactions. It all starts with your PEPS and goes a long way ahead!
Launching PEPS Crypto Visa Card
PEPS Project team is in development of peps crypto visa card for users in agreement with KA$H Malaysia, RuPay India and BigCards. This card will be integrated and can be refilled with PEPS Visa app. Users will be able to make payment using PEPS or fiat to add balance to this card. The amount will not expire therefore it can be used forever. Each card can be renewed with a nominal fee in PEPS or fiat annually.
PEPS was founded in 2016 and it was running at a very low pace. In 2017, we on-boarded over 100 food shops who accepted PEPS as payment so it was among the few cryptocurrencies which had a real world use. With a strong community and dedicated team, PEPS has been progressing through the time. It was launched long ago as a bitcoin fork with POW mining blocks. With time, it emerged as a POS currency and accessed many milestones like exchanges, CoinLib.io, WorldCoinIndex,
LatAmCoinCap and many more valuable resources.
We are pleased to announce that with further developments, the all new much awaited PEPS project with masternodes is ready and is packed with exciting features like Anonymous and instant Swiftx transactions, dynamic reward system for the staking wallets and masternode winners and governance.
PEPS intents to simplify your contract management and financial settlements with vendors globally on a unified instant platform thus saving time and cost.The goal is to provide a platform with simple and clear instruments available for businesses and their customers alike who are not familiar with the world of blockchain technologies. With minimum skills, PEPS users will be able to find customers and suppliers pertaining to their business using the interactive map of suppliers and merchants.
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How and Where to Buy PEPR?
PEPR has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy PEPR
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since PEPR is an altcoin we need to transfer our coins to an exchange that PEPR can be traded. Below is a list of exchanges that offers to trade PEPR in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase PEPR from the exchange: PancakeSwap
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once PEPR gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information PEPR
☞ Website ☞ Website 2 ☞ Explorer ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap
🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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Wallet address:
BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c
USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7
DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ
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