It's been a Fabulous February! π
Here's a quick wrap-up of what happened this Fabulous month of February 2023 #InukoArmy! πππ
Here's a quick wrap-up of what happened this Fabulous month of February 2023 #InukoArmy! πππΒ
Inuko executes a new business strategy in partnership with Manga Token
Inuko Finance is now an official partner of Manga Token as a strategic move to extend its offerings.
This new move will allow Manga Token to explore offerings through the bond service provided by Inuko Finance, while Inuko Finance will be able to reach out to a broader range of readers through Manga Tokenβs publishing services. This partnership will open new opportunities for both projects and their users, as further collaborations will lead to newer joint strategies producing more content, products and services.
One significant strategic move that MANGA TOKEN will make with Inuko Finance is using its bond products to offer more services soon! Changing the crypto landscape and eliminating liquidity mining is the primary goal of this action. Through this Bond, we will allow other Manga projects to sell fan coins or tokens. And the manga project can decide when and at what price to list a fan coin bond.
Inuko will be publishing its Manga to Tropheeβs Manga readers. Currently, the reader has many other Manga already posted in it, and there are more than 100,000 users within a month after launching; these are the users to whom Inuko Manga will be introduced.
A joint merchandising strategy is also on its way! Creating physical merchandise for the project supporters is our primary goal. The merchandise will also help the projects get more support from their fan base and stabilise the prices of Manga Token and Inuko coins.
By making our collaborative content, we will be able to release more content, such as NFTs, manga series and merchandise items for the fans. For example, we will allow our characters to be shared across titles by crossing IPs and sharing content with the reader.
Last is our joint social media activities, which we will emphasise more Vtubing! That way, Inuko will spend more time talking about Crypto on Youtube & sharing new stuff from the Manga Token project.
Inukoβs BOND MARKET is now LIVE!
Officially launched last Friday, 17th February 2023, this market will allow us to provide bonds as a service. That means Inuko Finance can extend this offering to other altcoin projects on the BNB Smart Chain.
Having the bond market not only allows the Inuko community to benefit from discounted tokens but also opens the doors for partnerships that will help grow the Inuko community further.
Why bond?
A bond, in simple terms, is a mechanism by which a user can sell an asset (such as a Quote Token) in a bond market in exchange for discounted Payout Tokens to be released after a specific holding period.
The purpose of a bond is to eliminate the need for a project to set aside large amounts of tokens to incentivize liquidity providers as liquidity farming rewards. Liquidity farming is a detrimental mechanism that often leads to liquidity attrition and price erosion for the token.
Inuko has managed to maintain many times above its original listing price because we do not offer liquidity farming, and we will continue to do so.
How will the bond market affect Inuko?
The bond market is the final evolution from the original bonds offered by Inuko Finance. It is highly flexible and scalable, allowing us to create various bond offerings without making contractual changes.
This bond market will replace the existing LP bond. We will set aside 300,000 INUKO to create a simple INUKO-to-USDT bond in the bond market, which means users can buy discounted INUKO directly from the bond market without the hassle and unnecessary complication of creating liquidity on Pancakeswap.
Funds accumulated from the bond will primarily go to backing INUKO by sending them into the treasury; this will raise the floor price of INUKO by also reigniting trades for the coin.
Bond as a service to Altcoin projects
Other altcoin projects running the BNB Smart Chain can offer bonds on our bond market. We will seek out collaboration to get more projects to list with us.
Bond as a service will allow Inuko Finance to charge a nominal fee of 0.5% to 1% for every sale. These fees will go into the treasury, further strengthening the INUKO backing.
Allowing other project communities to participate in the bond market on Inuko means that Inuko will get more visibility in the DeFi space resulting in our project growing exponentially.
Conclusion
The bond market is vital in Inuko Financeβs next growth stage. While the Inuko community gets to benefit from being able to buy INUKO and increase their holding at prices lower than the market rate, collaborating with other altcoin projects to launch bonds on our bond market will also help to grow our community and anchor Inuko Finance deeply into the roots of DeFi on the BNB Smart Chain.
Secured digital currency. Inuko Finance is the finest digital currency around.
You can contact us by emailing: info@inuko.finance
I like this Inuko Project and the Bond Market ist a great Idea for other projects.