Stake Coin Finance Launch

3 min readJan 6, 2021

Stake Coin is a non-inflationary DeFi ecosystem aiming to provide yield generating investments strategies to long-term COIN holders!

Stakecoin protocol is a decentralized financial platform built on the Binance Smart Chain network to provide users with a SIMPLE & EASY profit maximizing solution.

StakeCoin providing a stable, secure, transparent and open business platform for a non-inflationary DeFi ecosystem.

All COIN transactions are applied — 6%. And when a transaction is made, 3% will be distributed to ALL $COIN token holders in Pools Staking, 3% will be burned.

How it Works

Key Features

Deflationary: Every address-to-address transaction reduces the amount of tokens involved in that transaction at a rate of 6%. With a live ecosystem, this results in the scarcity of the token, increasing its value, and discouraging people from selling it
Governance model: Throughout the development of the project, a governance model will be implemented to enable the community members to decide on the evolution of the project.
Leaderless structure: StakeCoin is a community-focused project, where each team member equally endeavors to make this initiative successful and beneficial for the community.
Cross-chain staking: Token holders will be able to stake their tokens on Binance Smart Chain first. This feature will be enabled on Polkadot Network as well at a later development stage.
Passive income opportunity for Coin stakers: With the deflationary nature of the Coin , 3% of the tokens in each transaction get burnt, while the remaining 3% of the tokens get distributed amongst the stakers. Coin holders will enjoy some additional perks with the future collaborations that are in the pipeline.