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The Liquidity Floor Value fund
The Liquidity Floor Value Fund (LFV) is a mechanism, part of the Scorpion Staking protocol. The Liquidity Floor Value Fund receives its funds from the obtained taxes. This is respectively 4% on bought $SCM tokens and 6% on sold $SCM tokens. The funds for the Liquidity Floor Value Fund are safely stored in a separate wallet.
With this fund, the Scorpion Staking Protocol is able to fund and sustain the high rewards which are paid out to the $SCM holders. This reward paid out in $SCM token is 2.15% on a daily basis and backed by the funds of the Liquidity Floor Value Fund.
Last modified 1yr ago