Seasonal Token: An innovative set of tokens that will help cryptocurrency investors earn passive income.
Introduction
Seasonal tokens are a set of Innovative tokens that have been established to achieve price increases in relation to one another in a predictable manner. Spring, Summer, Autumn, and Winter are the tokens, and their prices climb from spring to winter, then rise again from spring to winter. The order in which the price rises is predictable and advantageous for investors who are inclined to invest.
What do seasonal tokens entail?
Seasonal Tokens, like bitcoin, are cryptocurrency that are mined through proof of work. They're built in such a way that if you trade them in a cycle, you'll finish up with more money than you started with. There are four tokens in all. Summer, autumn, and winter are the four seasons. The pace of creation of one of the tokens is decreased in half every nine months.
The fastest-producing tokens become the slowest-producing tokens. The production of spring tokens is now the quickest of the four. The spring halving will occur in June, making spring the most difficult of the four seasons to mine.
Mission of Seasonal Tokens
The project’s goal is to make the tokens’ investment possibility a reality by implementing industry-standard best practises and adhering to financial rules. At all times, the interests of investors have taken precedence. The long-term objective is for the tokens to be included in every investor’s portfolio, either as a major investment or to offset the seasonality of other assets.
Seasonal Token unique features
Simple investment: The tokens are meant to grow in price in a predictable order compared to each other. Spring prices tend to climb, followed by Summer, Autumn, Winter, and finally Spring.
Hedge other investments: By combining seasonal tokens with other seasonal investments, the entire value of an investment portfolio may be made less seasonal and more prone to grow steadily.
Increase your tokens quickly: An investor who trades 3 Spring tokens for 5 Summer tokens will end up with more tokens overall than before the deal. Always swap tokens for additional tokens, and your overall amount of tokens will grow with each transaction.
Profit from volatility: If the price of one of the seasonal tokens drops, you can exchange it for other seasonal tokens to enhance your token holdings. You may turn market swings into profits by exchanging tokens for additional tokens.
Nobody should be trusted: There’s no need to put your faith in anyone. Proof-of-work mining, similar to Bitcoin, is used to create the tokens. They’re not promises, but goods.
Platform benefits
Long-Term Investing - Holding a token for a long period and then selling when the pace of creation is significantly lower might improve the value of your investment.
Cyclical or volatility trading: Is exchanging tokens for extra tokens if there is a significant price difference, or when the price fluctuates due to the arrival of a new season.
Short-Term Profits: Purchase the token that you predict to become the most costly of the four in the near future, and then sell it a few weeks later when farming demand is expected.
Four Tokens: There are four tokens, which correspond to the four seasons in nature: Spring, Summer, Autumn, and Winter. Mining produces them, and they can be utilised for agricultural. The relative supply is controlled by mining, while the relative demand is created by farming.
Varied Prices: Each token has a different price, allowing you to swap the more costly tokens for the less expensive ones, increasing your total number of tokens.
Fixed Cycles: Every nine months, the rate of token generation is halved. That token gets more useful for farming four months later. It moves from being the most affordable to produce and the least profitable for farming to becoming the most expensive and valuable.
TOKENOMICS
On the Ethereum network, the tokens are ERC20 tokens. The code was cloned from the 0xBitcoin project, which creates a mineable token with a declining production rate. To make each of the four seasonal tokens, the production schedule has to be altered. The seasonal tokens may be exchanged permissionlessly on decentralised exchanges, kept on normal hardware wallets, received and transmitted using the Metamask plugin, and viewable on etherscan.io since they are ERC20 tokens. The ERC-918 standard for mineable tokens is also followed by the tokens. This gives programmes a standardised way to communicate with tokens that may be mined. Existing 0xBitcoin and similar currency mining tools may be used to mine the seasonal tokens automatically.
Conclusion
The seasonal token is a community-driven initiative that aims to be transparent, trustworthy, and safe. The community will be included in the decision-making process for the project’s progress. Everyone is working for a stipend. The same standard is applied to the development team, which will assist to keep the token’s value high.
Useful links
Writer’s Information
Name: Emperor Okpanku
Telegram: @ Emperoruky
Bitcointalk forum Name: Ukyokorie
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