Uniswap Liquidity Partners Program launched
To celebrate BeefLedger’s winning of two Good Design Australia awards this week, we have launched our Uniswap Liquidity Partners Program.
The Pool
The $BEEF token pool has been established on Uniswap, paired with ETH. The pool can be accessed here: $BEEF POOL.
The Liquidity Partners Program
Key elements of the Program are described below. Phase 1 is capped at 25,000 $BEEF tokens.
Token Ecosystem Architecture
The BeefLedger ecosystem operates with 3 distinct digital tokens.
- The $BEEF token is a general means of payment and value transfer utility. It is an ERC20 token tracked on Ethereum. This token is in the Uniswap liquidity pool.
- Digital Asset Identification Certificates (DAI-Cert), which are non-fungible ERC721 tokens minted when real assets are registered to the BeefLedger POA network. These can be bought and sold using $BEEF, and can be ‘consumed’ when the asset is ‘consumed’.
- ERC20 collateralised digital assets, which are issued under license in Australia. The first iteration of this opportunity will soon be made available. These can also be bought with $BEEF.
A summary of uses is in the figure below.
$BEEF Token Distribution
Broadly speaking, there is a potential supply pool of 888,888,888. The distribution composition is as follows:
- 15% pre-sold and escrowed;
- 15% available for partners and new distribution – this represents in effect real effective supply potential in the near term;
- 40% held by company directors or associates; and
- 30% provided for as a long-run liquidity reserve, to ensure real economy transactions in the supply chain can function smoothly in the event of liquidity or circulation blockages.
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