Once you buy $SCC tokens you get reflections from all the transactions. Any transaction has a 20% tax on it. Half of this tax goes to holders. The remaining part is invested and used to improve the project.
We are here to build the ultimate Defi Strategy and tools to gain wealth by leveraging blockchain investments opportunities. We are builders.
Considering most stablecoins yield offers over 20% APR per year, the 20% initial tax fee is soon reabsorbed. In addition to this, you get reflections on every transaction.
The strategies we are going to be using are going to be described in the documentation.
As profits accumulate in the Scary-Chain Capital Treasury, they are used to buy back the $SCC token. We are already on Fantom. So you don’t have to worry about the fees. This will make the reflections even more profitable.
We will be yield farming on any chain in order to achieve the best rewards for our holders. In addition to this we have some exclusive stable-yield strategies you can benefit from by being an SCC holder. All the transactions will be recorded on the blockchain and shared publicly to our Discord community.
In the future we may be launching our own portfolio and a leveraged trading account that follows the same principle.
Your vote power on investments decisions and portfolio allocation will be proportional to the amount of $SCC you own. This mechanism will be explained in the documentation once the Personal Investment Dashboard is live.