What is Don-key Finance (DON) | What is Don-key Finance token | What is DON token

In this article, we’ll discuss information about the Don-key Finance project and DON token

Don-key is reducing the entry barrier for both yield farmers and liquidity providers, opening the DeFi world for two distinct groups of people: those with low investment funds and those who cannot dedicate themselves to mastering the skills and strategies needed to participate in the DeFi world.

Social trading meets yield farming

Project Mandate:

Don-key is the first social platform that brings together yield farmers with liquidity providers.

● Don-key enables potent yield farmers to maximize the assets under their management while generating profit volume for farmers and the investors.

● Don-key is an entry platform for the inexperienced or low capital individual who wishes to enter the DeFi world. Our vision is to provide yield farmers and investors with a gamified social trading experience and with a seamless planning tool and positions, while offering farmers abundant liquidity with which to execute their strategies.

Key features:

● “Copy Farming” - Learn and auto-invest on latest farming opportunities by following top farmers and browsing Don-key’s strategy builder.

● Strategy Builder - A drag-n-drop interface to easily plan and optimize different farming scenarios.

● Farmer Reputation - Based on proven APY results and historical track record.

● Investor Reputation – Through their participation on Don-key, investors earn a reputation within the platform, unlocking extra layers of access to the highest Alpha opportunities.

● Top farmers and liquidity providers are rewarded with governance tokens.

● Non-custodial pools to save substantial gas by pooling investments with other investors who provide liquidity to the same protocols

Don-key’s Strategy builder:

A drag and drop 0-code visual interface built for yield farmers.

  • Easy to implement strategies with functions such as automated take profit/stop loss, conditional commands, and automated cash out conditions.

  • Easily integrate with cross-chain protocols like Ren and plan a blockchain agnostic yield flow. - Auto reinvest harvested profits to compound gains.

  • Automated calculation of different APYs from different pools and protocols on the same UI.

  • Access to one-click insurance quotes for your APY flow.

  • Thought of something we didn’t? Upload your code directly to the builder and gain a competitive edge

Imagetrading

Don-key Farmer:

We believe that yield farmers are at the frontier of the DeFi revolution and we are here to support them.

Don-key’s platform allows our modern farmers to become rock stars!

To raise liquidity from various liquidity providers and trade on their behalf.

To build multiple strategies and become an autonomous hedge fund by gaining commission from the collective yield of your strategies.

To transfer liquidity from different protocols with nearly zero fees. To create a farmer profile representing your farming philosophy, your way of thinking, and your proven yield.

Don-key believes in transparency, but it is up to our farmers if they want to disclose the blueprints of their strategies or keep them private. Farmers can also do a combination, displaying some basic blueprints and keeping the more advanced strategies for select high roller investors with hidden wallets.

Don-key is the long-awaited toolbox that offers yield strategists a way to collect capital in order to apply DeFi strategies efficiently, scaling up their assets under choice management. Ultimately, the goal is to achieve a minimal fee structure and maximal profit opportunity.

Risk scores:

Everyone loves a good yield, but we all have a different approach towards risk.

Don-Key yield farmers are rated using a proprietary Sortino Ratio algorithm that scores a portfolio’s risk-adjusted returns relative to an investment target using downside risk.

We are in the process of improving the algorithm under modern portfolio theory so it meets DeFi standards and platform needs.

To make our investors’ lives easier and build a true table of comparison between different strategies, every strategy has an associated risk score. This score is represented by a number between 1 and 10, where 1 is low risk and 10 is high risk. The initial risk score is set when the first strategy is deployed, and updated as more strategies are added to the farmer’s profile.

The Don-key team looks at a variety of risk factors to assess the risk score using the unique risk model score.

There are a few parameters when it comes to measuring risk including: the category of the underlying asset (stable or speculative), leverage risk (borrowing ratio), the daily volume of the underlying asset, and more.

Don-key’s Investors

Don-key’s platform allows investors to be active within various aspects of the platform.

Governance – Investors will be able to rate farmers by on-chain voting, evaluating not only a farmer’s APY or APR results, but also his/her communication skills in offering strategy explanations or macro insight within the platform.

Capital combination / capital assignment – Investors can create thematic funds using multisig programmatically created wallets and assign capital to one or more yield farmers under a closed-end fund mandate with distinctive profit and fee management rules.

Multi-layered investor access – Investors will have the ability to unlock multiple layers of access based on their tokens staked, their interaction with the platform, and their participation within governance structures.

Whether you are a sophisticated investor or just an average joe, you can invest with the best and add liquidity to any yield farmer.

Investors can easily monitor the strategy’s performance from Don-key’s platform and move liquidity between farmers and strategies with nearly zero fees.

Thanks to Don-key analytics and the transparent nature of the blockchain, investors can track exactly what trades a farmer has made. The investor can also see what assets are currently in each farmers strategy pool.

Don-key is also positioned to satisfy the high net-worth individual who wishes to be involved with performing yield generation strategies with maximum time efficiency and without the cost-ineffective processes involved in this type of activity in traditional finance.

Fees:

Currently, the fee for the Don-key platform is set to 5% of gains and zero fees on assets under management. Those fees get accrued on a FeeTreasury contract called ‘The Smelter,’ which is governed by the governance token. Farmers can decide their own strategy fee structure including: deposit fee, exit fee, management fee and success fee. To protect investors, only farmers with a proven track record may implement deposit and exit fees.

Don-key’s Developers:

DeFi is changing all the time and our mission is to provide a large number of protocols and other tools in order to provide the richest, most up-to-date work environment for our farmers. To this end, we will offer all developers the option to add protocols, tools, and features. The external developers will be incentivized by $DONs.

Don-key’s team will launch the MVP with integrations focused on BSC and touch most aspects of the ecosystem in order to provide a POC on how the marketplace can function:

Exchange and liquidity: Pancakswap

Earn and Aggregators: BeefyFinance, AutoFarm

Credit and Lending: Venus

Cross chain: Binance Bridge

Stablecoin: bDollar

After the launch, Don-key will operate on an open source base that will encourage any developer to add protocols, chains, functions, and tools.

All additions to the code will need to be approved by a vote of the governance token holders.

As seen in the tokenomics below, 10% of tokens from TGE will be reserved for development bounties and rewards in the following manner:

Released in a linear manner for a period of 36 months. The total fixed daily amount will be released to the developer’s wallets pro rata according to the total volume used through each one of the protocols, chains and functions created. This way we encourage developers to create things that they believe users will really need and use.

After said 36 month period, additional developments will be funded by the Smelter contract.

DON Tokens

DON tokens are airdropped to all farmers based on monthly trading results and take into account: ROI, Risk level, asset exposer and more. The better you are, the more you get.

Yield and Dividend

DON tokens represents the farmer’s yield based on his own strategies, in addition to a proportionate monthly dividend from Don-key’s total monthly yield.

Exchangeable

You can redeem your DON tokens at any time or hold on to them and accumulate higher future coupons.

$DON is the native token of the Don-key platform.

Overview:

● Token Name: Don-key token

● Ticker: $DON

● Type: ERC20

● Total Supply: **100M **

Use Cases:

Staking & Rewards: $DON holders can earn passive income from their tokens by holding them in staking wallets, as well as in Don-key liquidity pools to be launched on several DEX platforms.

Governance: $DON holders can gain voting rights on the platform, by staking a predefined amount of tokens in their specified staking wallets. By doing so, they can participate in the community’s decision-making process, regarding matters such as new proposals,new integrations, pool audits, circulation, distribution, and so on. Moreover, governors will also have a say on DON’s on-chain governance model.

● In addition, $DON holders will be able to provide reviews on farmers and approve new integrations.

● $DON holders will receive priority whitelist access, enabling them to follow the best farmers.

● All rewards and incentives for participating on the Don-key platform (the development bounty, early adopters, early liquidity providers, etc.) will be offered in $DON tokens.

● Access to exclusive pools: Farmers can decide to limit specific strategies to $DON holders only.

● Reduced commission on strategy pools.

● All fees and yields of the platform are collected in the pool (ETH, BTC, USDC, etc.), according to the farmer’s strategy. Don-key’s 5% commission will then be transferred, or, if necessary, bridged and then transferred, to different DEXs on the ERC-20 network using our ‘Smelter’ contract, in order to buy $DON tokens. The $DONs will be stored in the treasury and delivered to different participants of the platform according to the reward and incentivization plan. This will increase demand and increase the inner value of the token as a utility within the platform

How and Where to Buy DON token ?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

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), Binance (BNB)…

SIGN UP ON BINANCE

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

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase DON from the website: https://don-key.finance/

The top exchange for trading in DON token is currently 

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 DON 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

Find more information DON

WebsiteWhitepaperSocial ChannelSocial Channel 2Message BoardCoinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you

⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #don #don-key finance

What is GEEK

Buddha Community

What is Don-key Finance (DON) | What is Don-key Finance token | What is DON token

What is Don-key Finance (DON) | What is Don-key Finance token | What is DON token

In this article, we’ll discuss information about the Don-key Finance project and DON token

Don-key is reducing the entry barrier for both yield farmers and liquidity providers, opening the DeFi world for two distinct groups of people: those with low investment funds and those who cannot dedicate themselves to mastering the skills and strategies needed to participate in the DeFi world.

Social trading meets yield farming

Project Mandate:

Don-key is the first social platform that brings together yield farmers with liquidity providers.

● Don-key enables potent yield farmers to maximize the assets under their management while generating profit volume for farmers and the investors.

● Don-key is an entry platform for the inexperienced or low capital individual who wishes to enter the DeFi world. Our vision is to provide yield farmers and investors with a gamified social trading experience and with a seamless planning tool and positions, while offering farmers abundant liquidity with which to execute their strategies.

Key features:

● “Copy Farming” - Learn and auto-invest on latest farming opportunities by following top farmers and browsing Don-key’s strategy builder.

● Strategy Builder - A drag-n-drop interface to easily plan and optimize different farming scenarios.

● Farmer Reputation - Based on proven APY results and historical track record.

● Investor Reputation – Through their participation on Don-key, investors earn a reputation within the platform, unlocking extra layers of access to the highest Alpha opportunities.

● Top farmers and liquidity providers are rewarded with governance tokens.

● Non-custodial pools to save substantial gas by pooling investments with other investors who provide liquidity to the same protocols

Don-key’s Strategy builder:

A drag and drop 0-code visual interface built for yield farmers.

  • Easy to implement strategies with functions such as automated take profit/stop loss, conditional commands, and automated cash out conditions.

  • Easily integrate with cross-chain protocols like Ren and plan a blockchain agnostic yield flow. - Auto reinvest harvested profits to compound gains.

  • Automated calculation of different APYs from different pools and protocols on the same UI.

  • Access to one-click insurance quotes for your APY flow.

  • Thought of something we didn’t? Upload your code directly to the builder and gain a competitive edge

Imagetrading

Don-key Farmer:

We believe that yield farmers are at the frontier of the DeFi revolution and we are here to support them.

Don-key’s platform allows our modern farmers to become rock stars!

To raise liquidity from various liquidity providers and trade on their behalf.

To build multiple strategies and become an autonomous hedge fund by gaining commission from the collective yield of your strategies.

To transfer liquidity from different protocols with nearly zero fees. To create a farmer profile representing your farming philosophy, your way of thinking, and your proven yield.

Don-key believes in transparency, but it is up to our farmers if they want to disclose the blueprints of their strategies or keep them private. Farmers can also do a combination, displaying some basic blueprints and keeping the more advanced strategies for select high roller investors with hidden wallets.

Don-key is the long-awaited toolbox that offers yield strategists a way to collect capital in order to apply DeFi strategies efficiently, scaling up their assets under choice management. Ultimately, the goal is to achieve a minimal fee structure and maximal profit opportunity.

Risk scores:

Everyone loves a good yield, but we all have a different approach towards risk.

Don-Key yield farmers are rated using a proprietary Sortino Ratio algorithm that scores a portfolio’s risk-adjusted returns relative to an investment target using downside risk.

We are in the process of improving the algorithm under modern portfolio theory so it meets DeFi standards and platform needs.

To make our investors’ lives easier and build a true table of comparison between different strategies, every strategy has an associated risk score. This score is represented by a number between 1 and 10, where 1 is low risk and 10 is high risk. The initial risk score is set when the first strategy is deployed, and updated as more strategies are added to the farmer’s profile.

The Don-key team looks at a variety of risk factors to assess the risk score using the unique risk model score.

There are a few parameters when it comes to measuring risk including: the category of the underlying asset (stable or speculative), leverage risk (borrowing ratio), the daily volume of the underlying asset, and more.

Don-key’s Investors

Don-key’s platform allows investors to be active within various aspects of the platform.

Governance – Investors will be able to rate farmers by on-chain voting, evaluating not only a farmer’s APY or APR results, but also his/her communication skills in offering strategy explanations or macro insight within the platform.

Capital combination / capital assignment – Investors can create thematic funds using multisig programmatically created wallets and assign capital to one or more yield farmers under a closed-end fund mandate with distinctive profit and fee management rules.

Multi-layered investor access – Investors will have the ability to unlock multiple layers of access based on their tokens staked, their interaction with the platform, and their participation within governance structures.

Whether you are a sophisticated investor or just an average joe, you can invest with the best and add liquidity to any yield farmer.

Investors can easily monitor the strategy’s performance from Don-key’s platform and move liquidity between farmers and strategies with nearly zero fees.

Thanks to Don-key analytics and the transparent nature of the blockchain, investors can track exactly what trades a farmer has made. The investor can also see what assets are currently in each farmers strategy pool.

Don-key is also positioned to satisfy the high net-worth individual who wishes to be involved with performing yield generation strategies with maximum time efficiency and without the cost-ineffective processes involved in this type of activity in traditional finance.

Fees:

Currently, the fee for the Don-key platform is set to 5% of gains and zero fees on assets under management. Those fees get accrued on a FeeTreasury contract called ‘The Smelter,’ which is governed by the governance token. Farmers can decide their own strategy fee structure including: deposit fee, exit fee, management fee and success fee. To protect investors, only farmers with a proven track record may implement deposit and exit fees.

Don-key’s Developers:

DeFi is changing all the time and our mission is to provide a large number of protocols and other tools in order to provide the richest, most up-to-date work environment for our farmers. To this end, we will offer all developers the option to add protocols, tools, and features. The external developers will be incentivized by $DONs.

Don-key’s team will launch the MVP with integrations focused on BSC and touch most aspects of the ecosystem in order to provide a POC on how the marketplace can function:

Exchange and liquidity: Pancakswap

Earn and Aggregators: BeefyFinance, AutoFarm

Credit and Lending: Venus

Cross chain: Binance Bridge

Stablecoin: bDollar

After the launch, Don-key will operate on an open source base that will encourage any developer to add protocols, chains, functions, and tools.

All additions to the code will need to be approved by a vote of the governance token holders.

As seen in the tokenomics below, 10% of tokens from TGE will be reserved for development bounties and rewards in the following manner:

Released in a linear manner for a period of 36 months. The total fixed daily amount will be released to the developer’s wallets pro rata according to the total volume used through each one of the protocols, chains and functions created. This way we encourage developers to create things that they believe users will really need and use.

After said 36 month period, additional developments will be funded by the Smelter contract.

DON Tokens

DON tokens are airdropped to all farmers based on monthly trading results and take into account: ROI, Risk level, asset exposer and more. The better you are, the more you get.

Yield and Dividend

DON tokens represents the farmer’s yield based on his own strategies, in addition to a proportionate monthly dividend from Don-key’s total monthly yield.

Exchangeable

You can redeem your DON tokens at any time or hold on to them and accumulate higher future coupons.

$DON is the native token of the Don-key platform.

Overview:

● Token Name: Don-key token

● Ticker: $DON

● Type: ERC20

● Total Supply: **100M **

Use Cases:

Staking & Rewards: $DON holders can earn passive income from their tokens by holding them in staking wallets, as well as in Don-key liquidity pools to be launched on several DEX platforms.

Governance: $DON holders can gain voting rights on the platform, by staking a predefined amount of tokens in their specified staking wallets. By doing so, they can participate in the community’s decision-making process, regarding matters such as new proposals,new integrations, pool audits, circulation, distribution, and so on. Moreover, governors will also have a say on DON’s on-chain governance model.

● In addition, $DON holders will be able to provide reviews on farmers and approve new integrations.

● $DON holders will receive priority whitelist access, enabling them to follow the best farmers.

● All rewards and incentives for participating on the Don-key platform (the development bounty, early adopters, early liquidity providers, etc.) will be offered in $DON tokens.

● Access to exclusive pools: Farmers can decide to limit specific strategies to $DON holders only.

● Reduced commission on strategy pools.

● All fees and yields of the platform are collected in the pool (ETH, BTC, USDC, etc.), according to the farmer’s strategy. Don-key’s 5% commission will then be transferred, or, if necessary, bridged and then transferred, to different DEXs on the ERC-20 network using our ‘Smelter’ contract, in order to buy $DON tokens. The $DONs will be stored in the treasury and delivered to different participants of the platform according to the reward and incentivization plan. This will increase demand and increase the inner value of the token as a utility within the platform

How and Where to Buy DON token ?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

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), Binance (BNB)…

SIGN UP ON BINANCE

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

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase DON from the website: https://don-key.finance/

The top exchange for trading in DON token is currently 

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 DON 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

Find more information DON

WebsiteWhitepaperSocial ChannelSocial Channel 2Message BoardCoinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you

⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #don #don-key finance

Angelina roda

Angelina roda

1624219980

How to Buy NFT Art Finance Token - The EASIEST METHOD! DO NOT MISS!!! JUST IN 4 MINUTES

NFT Art Finance is currently one of the most popular cryptocurrencies right now on the market, so in today’s video, I will be showing you guys how to easily buy NFT Art Finance on your phone using the Trust Wallet application.
📺 The video in this post was made by More LimSanity
The origin of the article: https://www.youtube.com/watch?v=sKE6Pc_w1IE
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #nft art finance token #token #buy nft art finance #how to buy nft art finance token - the easiest method!

David mr

David mr

1624312800

SPORE FINANCE PREDICTION - WHAT IS SPORE FINANCE & SPORE FINANCE ANALYSIS - SPORE FINANCE

SPORE FINANCE PREDICTION - WHAT IS SPORE FINANCE & SPORE FINANCE ANALYSIS - SPORE FINANCE

In this video, I talk about spore finance coin and give my spore finance prediction. I talk about the latest spore finance analysis & spore finance crypto coin that recently has been hit pretty hard in the last 24 hours. I go over what is spore finance and how many holders are on this new crypto coin spore finance.
📺 The video in this post was made by Josh’s Finance
The origin of the article: https://www.youtube.com/watch?v=qbPQvdxCtEI
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #spore finance #what is spore finance #spore finance prediction - what is spore finance & spore finance analysis - spore finance #spore finance prediction

What is Donnie Finance (DON) | What is Donnie Finance token | What is DON token

Introducing Donnie Finance

  • Glad to share information about Donnie Finance to Medium Readers
  • This is the firstly launched service in Defi Market which aiming the same level of conventional financial services.

Donnie Finance’s Vision

  • Donnie Finance is the **1st De-Fi project **which aims to launch 6 independent finance services.
  • Our vision is to substitute conventional CeFi market by providing decentralized financial with the same level of services given by existing banks such as lending, swap etc…
  • Democratic financial services are provided by decentralized operation with inclusion of 1.7B of The Unbanked to Donnie Finance’s service, reaching additional potential value of Donnie Finance up to** $380B**.
  • Donnie Finance ecosystem is functioning based on DON token, the governance token of Donnie Finance.

Checking & Saving

  1. Service Definition
  • Checking & Saving is the starting point for all financial services provided by Donnie Finance
  • It allows to deposit various cryptocurrencies used for exchanges, loans, credit analysis, payment, and portfolio management, linking to other five services via a smart contract.

2. Service Operation Principles

  • Checking & Saving is a hybrid type allowing frequent deposits and withdrawals as well as interest payments
  • It merges the advantages of the main account types on the CeFi market:
  • Checking account’s trait which allows frequent deposits and withdrawals but do not accrue interest is applied. And also, savings account’s trait which accrue interest but do not permit frequent deposits and withdrawals is applied
  • Based on a 0.2% commission incurred through the payment service, it maintains a sustainable decentralized network by paying interest to those who deposit assets in a Checking & Saving account, acting as an incentive to increase the number of those participating in the ecosystem.
  • Each service pool is linked with Checking & Saving pool and upgradable contracts are to be used in order to receive continuous security audits mitigating vulnerabilities.

Exchange

  1. Service Definition
  • In this service, two pairs of cryptocurrencies deposited by the liquidity provider are referred to as a single pool (e.g. ETH-BTC Pool) where exchanges take place via a set ratio of virtual currency assets corresponding to the specific virtual currency assets in the pool

2. Service Operation Principles

[Liquidity Provider]

  • They are core stake holders who participate in the service and deposit two cryptocurrencies to be exchanged
  • Liquidity Provider Tokens (LP Tokens) are paid as guarantee checks according to the two cryptocurrency deposits, with possible proof of ownership of the deposit asset and increased liquidity through market trading
  • At the beginning of the service, an IOST-based platform allows deposit assets after setting the exchange rate between a key stablecoin currency and IRC20, or after setting exchange rates between different IRC20s

[Swap]

  • A person who requests exchanging one virtual currency for a specific virtual currency is known as a Trader
  • A swap between IRC cryptocurrencies is planned to be launched at the initial phase
  • After successfully launching swap service between IRCs, swap service for the pairs of IRC & ERC and ERC & ERC are to be launched

[Fee]

  • A trader must pay a 0.3% platform usage fee when exchanging certain assets, an amount that is provided to the liquidity provider.
  • This fee payment structure gives liquidity providers an incentive to deposit assets and increases the holdings between two different assets in the LP Pool to help overcome shifts to specific assets.

Loans

  1. Service Definition
  • As a cryptocurrency collateral loan service, when a certain level of cryptocurrency is set as collateral, a loan service is provided depending on the value of the asset by recognizing the value with a loanable amount equivalent to 50% — 80% (automatically determined).

2. Service Operation Principles

[Assets for Collateral Deposits]

  • Assets which is able to be submitted as collateral are initially based on IRC20 assets, while other assets verified through governance can also be used as collateral.

[dToken]

  • dToken is used as a guarantee check for the deposited cryptocurrency, in order to provide proof when receiving deposited assets in the future.
  • Interest can be received by using dToken, and it can actively recruit participants to the ecosystem through being able to be used as a collateral asset.
  • The exchange rate between a specific asset and dToken can be derived by dividing the total amount of the asset deposited by the dToken amount currently issued; this rate constantly fluctuates.

Credit Analysis

  1. Service Definition
  • Appropriate credit levels can be calculated by evaluating the creditworthiness of those participating in the Decentralized Platform; this will allow the marginalized from existing CeFi financial services to enter into the financial market.

2. Service Operation Principles

[Data Gathering]

  • Plans are to collect primary data such as loans, deposits, transactions and payments within the service.
  • Through the portfolio management function, additional data is collected by sharing user data from other DeFi platforms or partner chains (IOST).
  • Accumulation of personal info owned by users in accordance with personalized Web 3.0 is also planned to proceed at the same time.

[Ecosystem Participants Expansion]

  • The ultimate goal is to make the Donnie Finance service available to more people by providing a financial system to the so-called “Unbanked”, a group of 1.7 billion people who have been marginalized from the CeFi market.
  • Planning to collaborate with national and public institution, while actively discussing with Malaysian Government to set a joint project.

[Launching of customized financial services]

  • An additional USD $380 billion is expected to be generated by providing the same level of services given by existing banks such as lending, swaps, and payments.
  • Democratic financial services are provided with fair calculations of collateral through a systemic calculation of risk through our rating system.

Payment

  1. Service Definition
  • The service allows the deposited virtual currency to be used for payments in the real economy.

2. Service Operation Principles

  • 0.2% of the total payment amount is collected, and it transferred to Checking & Saving accounts holders.
  • The incentive encourages Checking & Saving account holders to use payment service more frequently.

Portfolio Mgmt.

  1. Service Definition
  • The service model links wallets held in various channels such as CeFi, centralized exchanges, and DeFi, allowing users to simultaneously check multiple financial products and services that are currently being invested in. (Aggregator Model)

2. Service Operation Principles

  • Link with wallets owned by individuals to check which financial services are used, calculate rate of return, check financial products, etc.
  • Centralized information is planned to be provided in collaboration with overseas centralized exchanges and wallet service companies.
  • Importing contract information of other De-Fis in real time is planned.

What is DON Token and How is it going to be circulated?

What Does DON Mean?

  • “DON” means “Money” in Korea.
  • “Donnie” which is a form of English nickname of “DON” is used to engage more users and be acknowledged familiar than other project.
  • We focused on the fundamental principle of financial market and seek to implement real meaning of financial services in the De-Fi market. It is the reason why we use “DON” as the project name

DON Token

  • Donnie Finance’s governance token is DON.
  • DON holders can participate in the online governance of Donnie Finance in the future.
  • DON Token is suggested to fully decentralize the entire Donnie Bank system by transitioning the authorized power from founders to community and stakeholders.
  • DON Token is distributed proportionally to the users and Token holders have the right to vote on newly suggested agenda which is proposed at every meetings.
  • The following rights in the protocol are controlled by the holders :
  • (1) The ability to list a new dToken market.
  • (2) The ability to update the interest rate model per market.
  • (3) The ability to update the oracle address.
  • (4) The ability to withdraw the reserve of a dToken.
  • (5) and so on…
  • Plus, DON serves a few utility coin’s function such as lower the transaction fee in Donnie Finance.

DON Token Issuance

Total number of DON is 10 Million.

DON will be allocated to ecosystem partners. Details are as below:

  1. Reward Pool (60%)
  2. Each service pool contains 10% of DON token and will be distributed to participants
  3. LP Reward Pool (20%)
  4. 5% will be distributed to early participants and the rest will be shared throughout a year.
  5. Private Investors (5%)
  6. Team & Advisory (5%)
  7. Pre-Sale (5%)
  8. Marketing and Partnership (5%)

How to obtain DON

As an ordinary user, there are two ways to obtain DON:

  1. Participate in our ecosystem in various ways. Anyone can earn DON by providing liquidity at Donnie Finance or staking their crypto-currencies in our Checking & Saving service etc…
  2. Buying on exchanges that support DON. DON token will be listed some prestigious platforms and the details will be promptly shown at our website!

source : https://www.youtube.com/watch?v=2LfsEiNGjfU

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

How and Where to Buy Donnie Finance (DON)?

Donnie 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 Donnie

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)

SIGN UP ON BINANCE

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 Donnie is an altcoin we need to transfer our coins to an exchange that Donnie can be traded. Below is a list of exchanges that offers to trade Donnie 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 Donnie from the exchange: MXC.COM, BigONE, and Coinone

SIGN UP ON MXC.COM

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 Donnie 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 Donnie

WebsiteExplorerWhitepaperSource CodeSocial ChannelSocial Channel 2Social Channel 3Coinmarketcap

🔺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

I hope this post will help you. If you liked this, please sharing it with others. Thank you!

#bitcoin #crypto #donnie finance #don

Words Counted: A Ruby Natural Language Processor.

WordsCounted

We are all in the gutter, but some of us are looking at the stars.

-- Oscar Wilde

WordsCounted is a Ruby NLP (natural language processor). WordsCounted lets you implement powerful tokensation strategies with a very flexible tokeniser class.

Are you using WordsCounted to do something interesting? Please tell me about it.

 

Demo

Visit this website for one example of what you can do with WordsCounted.

Features

  • Out of the box, get the following data from any string or readable file, or URL:
    • Token count and unique token count
    • Token densities, frequencies, and lengths
    • Char count and average chars per token
    • The longest tokens and their lengths
    • The most frequent tokens and their frequencies.
  • A flexible way to exclude tokens from the tokeniser. You can pass a string, regexp, symbol, lambda, or an array of any combination of those types for powerful tokenisation strategies.
  • Pass your own regexp rules to the tokeniser if you prefer. The default regexp filters special characters but keeps hyphens and apostrophes. It also plays nicely with diacritics (UTF and unicode characters): Bayrūt is treated as ["Bayrūt"] and not ["Bayr", "ū", "t"], for example.
  • Opens and reads files. Pass in a file path or a url instead of a string.

Installation

Add this line to your application's Gemfile:

gem 'words_counted'

And then execute:

$ bundle

Or install it yourself as:

$ gem install words_counted

Usage

Pass in a string or a file path, and an optional filter and/or regexp.

counter = WordsCounted.count(
  "We are all in the gutter, but some of us are looking at the stars."
)

# Using a file
counter = WordsCounted.from_file("path/or/url/to/my/file.txt")

.count and .from_file are convenience methods that take an input, tokenise it, and return an instance of WordsCounted::Counter initialized with the tokens. The WordsCounted::Tokeniser and WordsCounted::Counter classes can be used alone, however.

API

WordsCounted

WordsCounted.count(input, options = {})

Tokenises input and initializes a WordsCounted::Counter object with the resulting tokens.

counter = WordsCounted.count("Hello Beirut!")

Accepts two options: exclude and regexp. See Excluding tokens from the analyser and Passing in a custom regexp respectively.

WordsCounted.from_file(path, options = {})

Reads and tokenises a file, and initializes a WordsCounted::Counter object with the resulting tokens.

counter = WordsCounted.from_file("hello_beirut.txt")

Accepts the same options as .count.

Tokeniser

The tokeniser allows you to tokenise text in a variety of ways. You can pass in your own rules for tokenisation, and apply a powerful filter with any combination of rules as long as they can boil down into a lambda.

Out of the box the tokeniser includes only alpha chars. Hyphenated tokens and tokens with apostrophes are considered a single token.

#tokenise([pattern: TOKEN_REGEXP, exclude: nil])

tokeniser = WordsCounted::Tokeniser.new("Hello Beirut!").tokenise

# With `exclude`
tokeniser = WordsCounted::Tokeniser.new("Hello Beirut!").tokenise(exclude: "hello")

# With `pattern`
tokeniser = WordsCounted::Tokeniser.new("I <3 Beirut!").tokenise(pattern: /[a-z]/i)

See Excluding tokens from the analyser and Passing in a custom regexp for more information.

Counter

The WordsCounted::Counter class allows you to collect various statistics from an array of tokens.

#token_count

Returns the token count of a given string.

counter.token_count #=> 15

#token_frequency

Returns a sorted (unstable) two-dimensional array where each element is a token and its frequency. The array is sorted by frequency in descending order.

counter.token_frequency

[
  ["the", 2],
  ["are", 2],
  ["we",  1],
  # ...
  ["all", 1]
]

#most_frequent_tokens

Returns a hash where each key-value pair is a token and its frequency.

counter.most_frequent_tokens

{ "are" => 2, "the" => 2 }

#token_lengths

Returns a sorted (unstable) two-dimentional array where each element contains a token and its length. The array is sorted by length in descending order.

counter.token_lengths

[
  ["looking", 7],
  ["gutter",  6],
  ["stars",   5],
  # ...
  ["in",      2]
]

#longest_tokens

Returns a hash where each key-value pair is a token and its length.

counter.longest_tokens

{ "looking" => 7 }

#token_density([ precision: 2 ])

Returns a sorted (unstable) two-dimentional array where each element contains a token and its density as a float, rounded to a precision of two. The array is sorted by density in descending order. It accepts a precision argument, which must be a float.

counter.token_density

[
  ["are",     0.13],
  ["the",     0.13],
  ["but",     0.07 ],
  # ...
  ["we",      0.07 ]
]

#char_count

Returns the char count of tokens.

counter.char_count #=> 76

#average_chars_per_token([ precision: 2 ])

Returns the average char count per token rounded to two decimal places. Accepts a precision argument which defaults to two. Precision must be a float.

counter.average_chars_per_token #=> 4

#uniq_token_count

Returns the number of unique tokens.

counter.uniq_token_count #=> 13

Excluding tokens from the tokeniser

You can exclude anything you want from the input by passing the exclude option. The exclude option accepts a variety of filters and is extremely flexible.

  1. A space-delimited string. The filter will normalise the string.
  2. A regular expression.
  3. A lambda.
  4. A symbol that names a predicate method. For example :odd?.
  5. An array of any combination of the above.
tokeniser =
  WordsCounted::Tokeniser.new(
    "Magnificent! That was magnificent, Trevor."
  )

# Using a string
tokeniser.tokenise(exclude: "was magnificent")
# => ["that", "trevor"]

# Using a regular expression
tokeniser.tokenise(exclude: /trevor/)
# => ["magnificent", "that", "was", "magnificent"]

# Using a lambda
tokeniser.tokenise(exclude: ->(t) { t.length < 4 })
# => ["magnificent", "that", "magnificent", "trevor"]

# Using symbol
tokeniser = WordsCounted::Tokeniser.new("Hello! محمد")
tokeniser.tokenise(exclude: :ascii_only?)
# => ["محمد"]

# Using an array
tokeniser = WordsCounted::Tokeniser.new(
  "Hello! اسماءنا هي محمد، كارولينا، سامي، وداني"
)
tokeniser.tokenise(
  exclude: [:ascii_only?, /محمد/, ->(t) { t.length > 6}, "و"]
)
# => ["هي", "سامي", "وداني"]

Passing in a custom regexp

The default regexp accounts for letters, hyphenated tokens, and apostrophes. This means twenty-one is treated as one token. So is Mohamad's.

/[\p{Alpha}\-']+/

You can pass your own criteria as a Ruby regular expression to split your string as desired.

For example, if you wanted to include numbers, you can override the regular expression:

counter = WordsCounted.count("Numbers 1, 2, and 3", pattern: /[\p{Alnum}\-']+/)
counter.tokens
#=> ["numbers", "1", "2", "and", "3"]

Opening and reading files

Use the from_file method to open files. from_file accepts the same options as .count. The file path can be a URL.

counter = WordsCounted.from_file("url/or/path/to/file.text")

Gotchas

A hyphen used in leu of an em or en dash will form part of the token. This affects the tokeniser algorithm.

counter = WordsCounted.count("How do you do?-you are well, I see.")
counter.token_frequency

[
  ["do",   2],
  ["how",  1],
  ["you",  1],
  ["-you", 1], # WTF, mate!
  ["are",  1],
  # ...
]

In this example -you and you are separate tokens. Also, the tokeniser does not include numbers by default. Remember that you can pass your own regular expression if the default behaviour does not fit your needs.

A note on case sensitivity

The program will normalise (downcase) all incoming strings for consistency and filters.

Roadmap

Ability to open URLs

def self.from_url
  # open url and send string here after removing html
end

Contributors

See contributors.

Contributing

  1. Fork it
  2. Create your feature branch (git checkout -b my-new-feature)
  3. Commit your changes (git commit -am 'Add some feature')
  4. Push to the branch (git push origin my-new-feature)
  5. Create new Pull Request

Author: abitdodgy
Source code: https://github.com/abitdodgy/words_counted
License: MIT license

#ruby  #ruby-on-rails