New decentralized finance (or DeFi) protocols are becoming more inventive to change the market. Today we will look closely into Inverse Protocol, a new project aiming to provide investors with passive crypto income.
Our review will provide the readers with information about the critical features of Inverse Protocol, and it will do so in a neutral way. It will be up to the market to judge the proposal of this team of developers.
About Inverse Protocol
First of all, it is worth mentioning that the team working on Inverse Protocol is not its first experience in the blockchain sector. The $INVERSE token is entirely backed by the founders of Safechaintoken, a project that managed to exceed its presale price by 30 times.
Inverse Protocol is an initiative dedicated to developing DeFi technology that benefits and adds value to $INVERSE token holders. The Inverse Protocol uses a complicated collection of parameters to sustain its pricing and rebase rewards.
Let us jump right into the project’s functioning in the following sections without further ado.
Auto Staking
The Auto-Stake tool is a straightforward yet innovative Buy-Hold-Earn mechanism that gives the maximum convenience of usage for $INVERSE holders.
Simply by purchasing and storing $INVERSE tokens in your wallet, you may receive rebase benefits in interest payments. The team promises that every 15 minutes, your tokens will rise.
By utilizing a Positive Rebase formula, Inverse Protocol enables token distribution to be directly proportionate to the 15-minute epoch rebase incentives, worth 0.02355 percent of the total number of $INVERSE tokens stored in your wallet.
As a result, $INVERSE holders are promised an APY (Annual Percentage Yield) of around 400,000 percent in the first year.
Treasury
The Treasury is critical to the Inverse protocol. The system may be used to support new Inverse Protocol goods, services, and initiatives that will grow and provide value to the Inverse Protocol community and marketing.
The treasury serves as an additional funding source for the Inverse Insurance Fund (or IIF, ore details in the next section). This extra support may be critical in the case of a sharp decline in the $INVERSE token's price or an unanticipated black-swan occurrence.
Inverse Insurance Fund
IIF refers to the Inverse Insurance Fund, a different wallet within the Inverse Protocol system. The IIF is backed by an algorithm that underpins the Rebase Rewards and is partially financed by a fraction of the buy and sell trading fees accrued in the IIF wallet.
So, as the project’s whitepaper explains, $INVERSE token holders get 0.02355 percent of the $INVERSE tokens they own back every 15 minutes. This mechanism constitutes a promise from the team that the $INVERSE token holders will have a high and stable APY.
A portion (5%) of all trading costs is held in the Inverse Insurance Fund, which helps sustain and support the favorable rebase staking returns.
A Closer Look into the $INVERSE Token
Over the next 13.5 years, $INVERSE token holders will receive passive interest payments every 15 minutes until the maximum quantity of 3.25 Billion tokens has been exhausted.
There was no pre-existing smart contract for this protocol. In addition, many of Inverse Protocol's in-house methods aim to yield significant improvements for the industry.
We've previously touched on the Inverse Auto-Liquidity Engine and the Inverse Insurance Fund as two of these tools (IIF). The Long-Term Interest Cycle (LIC) may also be discovered by visiting the project's website.
With an Auto Burn Fire Pit, Inverse hopes to sustain the $INVERSE price with a significant deflationary force.
The Next Ambitions of the Team
The team publicly disclosed a list of milestones that clearly define the project’s future. Among the many operations that are planned, let us mention the following ones:
- Token launch on PinkSale
- Token listing on CoinGecko and CoinMarketCap
- Launch of $INVERSE on PancakeSwap and Safechainswap
- A growing number of token holders (with three milestones: 5,000, 10,000, and 15,000)
- Disclosure of strategic crypto partnerships.
Final Thoughts on Inverse Protocol
Inverse Protocol presents itself as a new approach to the world of passive crypto income. We all know how painful a period of high volatility in our crypto portfolio can be. Consequently, the popularity of passive income strategies should not surprise us at all.
We will be on the look for new announcements from Inverse Protocol’s team on its official website and social media platforms.