LOS ANGELES, CA, Aug. 31, 2022 (GLOBE NEWSWIRE) — Futura Token ($FUTURA), a new form of decentralized finance (DeFi) token that uses a “smart liquidity pool,” successfully launched and began trading on Uniswap on August 8, 2022.
Assessing the current market sentiment, the company believed that this was an ideal climate to launch a new form of DeFi token, which intelligently adjusts the use of transaction fees based on live market data. The company believes this “smart liquidity pool” can deliver optimal price performance to investors, even in market volatility.
The team has provided a number of updates and revelations in the first week since its launch, establishing FUTURA as an investor-focused DeFi project.
First week Chainlink integration
To ensure that accurate market information is continuously assessed, the $FUTURA contract directly reads Chainlink Price Feed data. This innovative approach to liquidity pool management was developed in collaboration with well-respected Ethereum blockchain developer Sir Tris (Twitter:@SirTrisCrypto), who counts among his most successful recent projects Clifford Inu ($CLIFF), which was the first ERC-20 token to leverage native burns from the liquidity pool.
New generation of smart contracts
Many investors have temporarily pulled out of the DeFi space out of concern about fraud since, according to market analysis tools such as the BTC F&G Index, the overall market sentiment is very unfavorable.
Future-focused on $FUTURA, the company is spending money to create a next-generation contract analyzer, using the skilled crew behind it. The company claims that several other cutting-edge solutions currently in development will continue to prioritize increasing security for the typical investor in the sometimes hazy DeFi field.
By refining existing mechanics and expanding the capabilities of smart contracts, FUTURA works to usher in a new generation of smart contracts by optimizing them from the inside out.
Programmed growth
The FUTURA smart contract was designed from the ground up to offer a dynamic tax regime as a countermeasure to the prevailing market attitude.
When investors flock to FUTURA, the contract takes part of the taxes into the LP, and stores them in the contract itself. This essentially ensures that upon any price drop, the contract automatically removes the generated LP and buys it at market value, then burns the supply.
Deflationary dynamic taxation
Through Futura’s dynamic tax system, the contract purchases are automatically burned, taking the tokens permanently out of circulation, resulting in more scarcity and a higher PPC overall.
This mechanic provides a price cushion and prevents significant drops on the chart, ensuring that the price floor is up with any contract interaction. Furthermore, this solution also results in higher liquidity, and provides more general stability to the token.
About Futura
Futura is a decentralized finance project on the ERC20 network, launched on August 8. Futura was created from the ground up by SirTris, who are known for developing safe, reliable and innovative smart contracts. SirTris’ past contracts have raised over $5 billion combined with their highest market price.
Futura is a first-of-its-kind smart contract that leverages dynamic taxation and liquidity to permanently increase the price floor, higher LP % when the market value increases, and lower LP % when the market value decreases.
The contract has not been cancelled, as manual LP rebalancing is one of the core functions of the project.
Futura has been evolving since late 2021, with a core focus on providing a haven from the permanent market volatility of the cryptosphere.
The main goal of FUTURA has remained steadfast since its inception – to bridge the gap between the security of traditional blue cap cryptocurrencies and the dynamic world of decentralized finance projects, all while encouraging security, reliability and positive growth through development.
At this time, $FUTURA has applied for listing status with Coinmarketcap.com and CoinGecko.com. The contract has just completed a safety audit with Asfalia (
$FUTURA is currently trading at $0.004060 per token.
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