Scopxtoken
2 min readJul 11, 2021

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Static Rewards, LP Acquisition, Manual Burn. A common misconception with the heavy APY average is the subjectivity of the impermanent loss from staking an LP (Liquidity Provider) in a farming reward generator. With the explosion of DeFi, We have seen too many new cryptocurrency prospectors get sucked into a high APY LP-farming trap, feeling hopeless as they are pushed out by earlier buyers with higher staking rewards. We’ve all been there, seeing those shiny 6 digit figures can be pretty tempting to jump in.

Decentralized marketplace with the ability to buy and sell arts, music, ideas and services. This is considered the main feature of the platform. NFT Classification. We will classify the item into one, or several categories to make it easy for buyers to browse. In the future, we aim to bring AI technology to our platform to improve filtering, transparency, and classification with the help of Hadoop Map Reduce.

Publishing The NFT. Making it available to the public. Our platform will be integrated with PolygonChain NFT minting protocol. Sale. The bidding functionality will establish NFT ideal real-world market value. Prospective buyers will be able to read the title of the item with a short description attached to it. SCOPX will be used as a utility token for these services.

Tokenomics:

TOTAL supply :10,000 SCX

BURNED : 5,000 SCX

FAIR LAUNCH supply : 4,000 SCX

Governance :200 SCX

Marketing & Promotions :200 SCX

Airdrop & Rewards:200 SCX

Developer :200 SCX

COMMUNITY WALLET :200 SCX

Total Circulating Supply :5,000 SCX

SCX SCOPX employs 3 simple functions : Reflection + LP acquisition + Burn In each trade, the transaction is taxed a 4% fee, which is split 3ways = 1% fee = redistributed to all existing holders. 2% fee is added as a liquidity pair on Pancake Swap which has been locked forever in burned address and 1% fee will added to marketing wallet to funding marketing plan for this project.

Roadmap:

Website: scoptoken.org

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Scopxtoken

Decentralized NFT Platform develop by SCOP Community