Introducing Countryside Finance, an High Reward Node Protocol on Avalanche
Today, we’re happy to introduce Countryside Finance, an improved Node Protocol powered by Avalanche Network.
What is Countryside Finance ?
Countryside Finance is a Node Protocol, inspired by $UNIV, adding PoW concepts to ensure protocol sustainability in the long term.
Initially, Node Protocol were born from $THOR. Their idea was to give stable and high rewards to users, using the concept of Nodes. Then, $UNIV came with the idea of adding NFT ERC-721 concept in Nodes. It allowed people buy and sell nodes from secondary NFT marketplace (Opensea, TofuNFT, …).
Countryside Finance is based on $UNIV, and adds Proof of Work on it. We litteraly want to include the community inside the protocol, and gives rewards to the most involved users.
Proof of Work
Popularized by Nakamoto, the concept of Proof of Work is used in cryptography to prove that an amount of a specific computational effort has been expended.
Our observation about current $UNIV forks is that, nothing is made to popularize the protocol. People buy their nodes… and that’s all ! They have no direct interest in sharing the protocol.
Our idea is to add PoW into the protocol. We want to reward involved users who contribute to the protocol in any manner. In order to do this, we’ve first decided to introduce an unique referral system, that gives you 5% of your referral earnings, directly in $WHEAT, no matter if the user compound or claim.
More PoW concepts are still WIP and will be revealed soon.
Countryside Finance will be governed by an unique token: $WHEAT. To ensure long-term sustainability of the project, we want the distribution to be as fair as possible:
- Total supply is 1.000.000 $WHEAT
- Team supply is 50.000 $WHEAT
- 50.000 $WHEAT will be sold during the presale (0.50 $USDC per $WHEAT)
- Initial Liquidity: will be 27.000$ (13.500 $USD + 25.000 $WHEAT) => 0.55 $USD initial price