Blog Post
OXStake – The Offer of Different Plans for Crypto Earning Collection
Sponsored • May 03, 2022
Staking and yield farming on DeFi networks are popular options for medium- to long-term crypto traders. All services and tools based on blockchain for currencies and smart contracts are called "DeFi," a catch-all word for "decentralized finance."
Today, our focus is on OXStake, a newcomer to the DeFi space with well-defined goals. In order to provide you with a way to profit from the cryptocurrency market in the long term, the team has devised a multi-chain system.
Discovering OXStake: How Does it Work?
Investors that like to employ fast and convenient blockchains like Fantom, Polygon, and Avalanche (to mention a few of the alternatives) can benefit from OXStake's cross-chain farming service.
Fantom was the first system used by the team at launch, but more blockchains are coming, judging from the project’s ambitious plans. Passive revenue may be generated by putting FTM tokens up for staking.
Investment Plans for Different Risk Levels
The team has devised various ways for you to join the OXStake system to draw in a larger pool of investors. Locked and unlocked programs belong to two different types of software, as we explain below:
- Unlocked: With these plans, you are allowed to take your profits before the conclusion of the investment plan and apply a simple rate of interest regime.
- Locked: You can't get your money back before the conclusion of the investment plan if you use an unlocked program, but you can enjoy the perks of compounding earnings.
The categories above have three plans, with the promise of 10%, 9%, and 8.5% daily returns on different timelines (14, 21, and 28 days). The main difference is given by the compound interest mechanism, as we see below:
- Fourteen days: a simple interest rate of 10% is equal to a promised return of 140% (“Standard Plan”), while the compound interest can hit the 279.70% level (“Gold Plan”).
- Twenty-one days: if we apply the simple interest rate of 9%, we reach 189% (“Classic Plan”), against 510.90% if we compound the earnings (“Diamond Plan”).
- Twenty-eight days: The highest tier promises a daily return of 8.5%, which can be used in a simple interest rate framework to earn 238% (“Premium Plan”), or in a compound interest rate system to hit the 881.80% threshold (“Emerald Plan”).
Looking at the Bigger Picture
The OXStake market concept has several elements that need to be considered.
Deposit and withdrawal cycles and restrictions have been put in place to prevent whales from participating in this process. If you don't withdraw every day, you'll get extra money, with increases equal to 0.025 percent every hour. Users will opt out of receiving these advantages when withdrawing funds.
OXStake guarantees a steady stream of profits in the long term. You can reinvest your earnings if you want, and compounding investments can result in an up to 881% return, as mentioned previously. The project’s locked and unlocked plans, as previously noted, offer different market opportunities.
The Referral Program
The project's success hinges on its ability to gain the confidence and support of its users. The team will have a policy for rewarding people who help spread the word about the project.
Specifically, the referrals are divided into three levels, which can obtain 1%, 3%, or 7% benefits.
Auditing and Security
Solidoroof has independently audited OxStake smart contract. The audit report is accessible for anybody to read and review.
The project's certified smart contract is 100% immutable, meaning it cannot be modified after being put on the blockchain. This strategy takes a step toward promising investors' safety on the market.
As a last relevant point, there is no additional action required from the user until the conclusion of the deposit period, when the incentives are accumulated and updated.
Key Takeaways
New initiative OXStake aims to differentiate itself in the crypto passive income market by offering a unique product. The referral program is a system designed by the team to boost its community’s growth. Investors with varying risk tolerances may join the available unlocked or locked investing options.
Important information is accessible to the community via the team's social media platforms (Twitter and Telegram) and website.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.
Wellchain , a revolutionary mobile super app that is changing healthcare coordination through artificial intelligence and blockchain technology, designed to simplify care coordination. This software as a service (SaaS) utilizes blockchain technology and offers a number of features such as telemedicine, team communications, remote monitoring, scheduling, alerts, reports, reminders and self-tasking functions. The app comes in two versions - one for caregivers and one for patients - both of which can be easily integrated on the backend. Among the innovations, I'd note the ability to quantify care by assigning a severity score to a patient and tracking their progress or deterioration with a Change of Condition Index. Wellchain believes that the future lies in decentralization, including a segmented Internet and file storage. The project is backed by one of the industry's leading startup platforms, NFPad.io, and has partnered with Unigrid.io's leading infrastructure engineers. Through the project's features, actionable information can be provided to healthcare providers, helping to improve resource allocation and institutional efficiency. The app is designed for patients, hospitals, and healthcare providers. Wellchain aims to reduce healthcare costs by improving care coordination and incentivizing patient compliance through gamification. Wellchain will save at least 15% of healthcare costs globally (equating to $1.2 trillion annually) and improve patient outcomes by 15%. The value of a Wellchain token is directly related to the production (success) of the company. If a company is successful, 10% of all tokens are burned, resulting in low supply and high demand. Token holders can also vote on important decisions including project funding, token utility expansion, and governance rules. Active membership in the community is rewarded with WELLCHAIN tokens through a giveaway, which is 5% of the tokens. Patients receive attractive incentives (paid by the payer) for adhering to a certain treatment plan, and still incentivizes patient compliance while promoting active community participation. The blockchain uses customized NFTs to easily and efficiently track compliance. NFTs are matched monthly with paper rewards based on the level of compliance. Wellchain has pioneered the use of NFTs as a revolutionary incentive mechanism. On the site, patients can gamify their journey by participating in contests and competitions using NFTs, incentivizing healthy habits and a sense of accomplishment. Patients are rewarded for active participation and adherence to treatment plans. These unique digital assets act as tangible proof of a patient's commitment to their health, which they can exchange for fiat money. By gamifying healthcare with NFT incentives, Wellchain not only motivates patients, but also establishes a direct link between compliance and valuable rewards. The team commits to: continuously improve the functionality and utility of the token, expand the appeal and utility of the token globally, and regularly disclose the progress of funded projects and their overall impact. The WELLCHAIN token is a native token of the Wellchain ecosystem, WELLCHAIN serves a dual purpose in the ecosystem, acting as both a utility token and a management token. This versatility of the WELLCHAIN token contributes to the smooth operation and growth of the Wellchain platform. Oh, and right now you can get a 50% discount before it's too late! This is an exclusive whitelisting bonus. To whitelist, send an email with your government-issued ID to the project. Pre-sale of the WELLCHAIN token has started and runs through the end of May. So with this project you can not only get rewards, but also be healthy to make even more money on the crypto market! With Wellchain you will have iron health and a big bank account! Website: https://www.wellchain.io Twitter: https://x.com/Wellchainhealth?t=jK4MkiazMiioFFg-9NxXHQ&s=09
THOTIANA , the newest meme coin on the Solana network, has announced the launch of its presale. With a vision of transforming everyday struggles into crypto riches, THOTIANA offers investors a unique opportunity. The first 250 investors will receive a bonus airdrop at the time of launch. Each $SOL invested equals 15,000 $THOT. The Opening of an Exclusive Presale The presale phase of THOTIANA has begun, promising a fair and generous opportunity for early investors. Those who join the presale benefit from potentially high returns and stand a chance to receive bonus airdrops. The team has allocated some of the funds to a strategic marketing campaign to ensure widespread awareness and adoption. Ambitious Plans for the Future THOTIANA's roadmap is ambitious and well-defined. The project begins with the launch of the official website and the establishment of social media channels. This initial phase sets the stage for building a strong community and providing essential information to potential investors. Following this, the presale and marketing phase takes center stage. THOTIANA promises a fair presale, with significant funds dedicated to a well-planned marketing strategy. This approach aims to attract a wide audience and ensure the success of the presale. The project then moves to allocated liquidity provision. Here, the THOTIANA team will add a substantial liquidity pool to a major decentralized exchange. For this purpose, the team set 15% of the token supply aside. To ensure security, liquidity pool tokens will be locked and burned, preventing any removal of liquidity. Additionally, the project will revoke the mint and freeze functions, further securing the project. As THOTIANA progresses, the smart contract will undergo a full audit, ensuring transparency and trust. The project will then launch on a prominent decentralized exchange, providing the best trading environment and early liquidity for investors. This phase marks a significant milestone, offering a secure and accessible platform for trading $THOT. Finally, the airdrop phase will reward all presale participants. Those who qualify for bonus airdrops will also receive additional tokens. This phase reinforces THOTIANA's commitment to its early supporters and ensures broad token distribution. About THOTIANA THOTIANA addresses a major issue in the crypto world: INFLATION. Unlike other cryptos with infinite supply, $THOT has a fixed supply, ensuring upward pressure on its value. Early investors benefit from a unique opportunity to multiply their investment. Additionally, the team will donate 2% of all funds raised to a charity chosen by the THOTIANA community. The idea of promoting social good alongside financial growth is a strong component of this project’s vision. If you missed the massive gains on $BOME & $SLERF earlier this year, now is your time for potentially 100x gains! Embrace the $THOT life & let your SOL take Thotiana to the MOON! Anyone curious to find out more about THOTIANA can refer to the project's website and the social pages below. X (Twitter) | Telegram
Galaxis , a leading platform for creators in the Web3 space, notable for its partnerships with high-profile figures such as Mike Tyson, Steve Aoki, and the NBA, has announced the upcoming launch of its new AI-powered Community Creator suite, designed to streamline and enhance the community creation process on their Membership Card platform. This initiative is designed to enhance the community creation process for creators by leveraging the latest AI technologies. AI-Powered Suite: Revolutionizing Community Creation The suite introduced by Galaxis in the upcoming period revolutionizes the community creation process. This includes the Galaxis Assistant, a tool that aids creators during the ideation and generation process, offering insights and suggestions to enhance projects and make creativity more accessible and efficient. The assistant also supports creators in designing their membership systems, assisting with determining card benefits, quantities, and more for a seamless operational process. Additionally, the suite incorporates an advanced image generation tool powered by GPT-4o and other models, allowing creators to produce high-quality images and art for their membership cards, thus democratizing the creative process. "We are excited to introduce our AI-powered suite, which underscores our commitment to supporting and empowering creators," said Andras, CEO of Galaxis. "By integrating advanced AI tools, we are not only streamlining the community creation process but also providing creators with the capabilities to produce exceptional work. Our goal is to ensure that every creator can thrive in the Web3 space." Please follow the official Galaxis channels for more updates about the AI-powered suite and how it can enhance your creative process. How It Works The AI-powered suite offers a simplistic yet powerful approach to community creation: It all starts with a chat interface where creators describe their envisioned community. The suite generates assets like logos and other design materials based on the input. Automatically, the community page is populated with relevant content. The logic behind the membership cards, such as benefits, is generated and set. Creators can keep interacting with the assistant to change all the variables, ensuring everything aligns with their vision. Once satisfied, creators simply publish their page and membership collection, making it accessible to their community. Galaxis is committed to improving the creator experience, providing customized guidance to meet each creator's unique needs, all integrated into the platform. It ensures every creator can maximize their potential and achieve their goals. The platform stays ahead of industry trends, constantly developing and integrating advanced AI tools, all accessible and controlled through natural language, making it highly accessible. About Galaxis Galaxis is a pioneering platform dedicated to supporting creators in the Web3 space. Known for its innovative tools and partnerships with high-profile figures such as Mike Tyson, Steve Aoki, and the NBA, Galaxis offers a comprehensive suite of resources designed to empower creators and foster community engagement. With a track record of significant success, including over 64,000 ETH traded in secondary markets and over $9 million USD raised through Galaxis Engines, the platform continues to lead the way in the creator movement. Twitter | Discord
Two weeks ago, the Eddie Seal memecoin project ($EDSE) began raising funds for development through a presale event. On Wednesday, a controversial post appeared on the project's Twitter, where the team labeled the presale investors as 'morons’. "You morons. You invest in a presale of a new memecoin and then cry when someone runs off with the money. Get a grip and be careful because 99% of presales are scams. We have returned all the payments to the wallets from which they were sent. Eddie will proceed without a presale!" reads the tweet from Eddie Seal profile . This incident is quite unusual, given market norms. Memecoins are not financial instruments, hence funds raised through presales are not regulated in any way. It is unprecedented for a project team to refund all investments made by individuals. The refund might have been an attempt by the Eddie Seal team to build credibility within the crypto community, especially as Eddie Seal has announced six marketing rounds aimed at reaching a $1 billion marketcap. The campaign will culminate in an Eddie Seal cartoon, in the style of Rick and Morty or Family Guy. The six marketing rounds include sponsoring a Formula 1 team, a Harry Styles (or another top tier star) concert at Wembley with tickets for $1EDSE, a ‘spending money competition’ with 10,000 credit cards linked to one account, and a $3 million donation to MrBeast for spending in one of his videos. It was also announced that the team plans to distribute part of the $EDSE tokens to the community gathered around the project in the form of an AirDrop. Sign-ups are expected to start soon. The price of the $EDSE token in the coming days will reveal how the market has reacted. The token contract address for price tracking is available at eddieseal.org or listed here: 2Zvo6bnwJtyXhsPgbcfajTrEtB7NwrJhK8mMmtEXvHHc X (Twitter) | Telegram | Instagram
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