PACT community token (PACT) represents an entire ecosystem designed to unite the crypto community. PACT users can execute various management functions and have privileged access to products and services of the ecosystem, taking an active part in the development of PACT and receiving rewards in return. In this article, we'll discuss What is PACT community token (PACT) | What is PACT token?
In this article, we'll discuss information about the PACT community token project and PACT token
PACT token represents an entire ecosystem designed to unite the crypto community. PACT users can execute various management functions and have privileged access to products and services of the ecosystem, taking an active part in the development of PACT and receiving rewards in return.
is not just a token, but an entire ecosystem designed to unite the crypto community. Users of PACT token can execute various management functions and have privileged access to products and services of the ecosystem, taking an active part in the development of PACT and receiving rewards in return.
The decentralized exchange PactSwap, which is based on the AMM mechanism as a fork of Uniswap, was created by the PACT Team in order to meet the needs of the community to use decentralized exchange tools that do not imply the storage of funds by a third party and verification like KYC/AML.
PactSwap has a liquidity farming program. This means that if you carry out activity on the platform, you will receive a reward in PACT tokens. The main reward is the accrual of PACT tokens to all liquidity providers. The user provides liquidity in the PactSwap liquidity pools, and in return receives LP tokens (liquidity tokens). The user can place these tokens in the farming smart contract and will receive rewards in PACT tokens.
All of the changes within the PACT ecosystem are made by voting by the PACT token holders. The voting mechanism implies the delegation of PACT tokens for the time of voting. Any controversial issues, as well as decisions that relate to the redirection of funds within the PACT ecosystem, are also made through votes.
A part of the income from any activity within the PACT ecosystem is referred to a separate pool under a specific Incentives smart contract.
PACT Base Pool
Users have an opportunity to get PACT tokens at a fixed price without slippage, and also to return these tokens back at the same price within 3 months. This opens up a host of arbitrage opportunities and allows mitigating the risks of increased volatility for PACT token holders.
Mining pool PACT NFT
Each NFT token (non-fungible token) contains the history of the token and the corresponding achievement level. We have implemented this in the form of various characters that have a set of specific skills. The user (the owner of the NFT token character) can develop these skills, thereby increasing the level of the character and the set of this character’s privileges.
Initial active community
Trending NFT token
PactSwap DEX Platform
Total Supply: 1 000 000 000 PACT 50%: Staking and Mining for NFT - 500 000 000 10%: Rewards (marketing, airdrops etc) - 100 000 000 10%: Team - 100 000 000 8%: Farming PactSwap - 80 000 000 5%: Base pool - 50 000 000 1%: Farming Pancake - 10 000 000 1%: Farming Uniswap - 10 000 000 15%: Reserves - 150 000 000
PACT token is now live on the Ethereum and Binance mainnet. The token address for PACT is 0x66e7CE35578A37209d01F99F3d2fF271f981F581. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH or BNB in your wallet to cover the transaction fees.
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.
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)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
You need a wallet address to Connect to Uniswap or Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don't have a Metamask wallet, read this article and follow the steps
Transfer $ETH or $BNB to your new Metamask wallet from your existing wallet
Connect Metamask wallet to Uniswap or Pancakeswap Decentralized Exchange and Buy, Swap PACT token
The top exchange for trading in PACT token is currently P2PB2B, PancakeSwap (V2), and Uniswap (V2)
Find more information PACT
🔺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.
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