1. Inflation (invest once, compound to infinity) 2. Whales (Largest early investors reap the majority of returns) | 3. Drain (All players can withdraw every day, without limits). ShareLock brings the solution.
What We Stand For
We believe that trust is the biggest component to success. We see rugpulls and scams every day, and we have continuously proven ourselves to be ethical, giving, and caring towards our community, with over $100,000 USD given back to our community through previous projects Rug Insurance Fund.
Blockchain is capable of inifinite possibilities. We are always watching different sectors of crypto to see where we can adapt and improve upon ideas, and perfect them in our own way.
Our team is dedicated to not only internally building & creating new, innovative ideas to add to our ecosystem, but listening to our community, treating their opinions, ideas, and values with respect and authenticity.
Our Unique, In-House Mechanics
Noone wants to invest into a platform, having to worry about the TVL dropping 99% the next day, getting nothing in return.
We've created our own, unique Anti-Drain mechanism, that takes into account the TVL/Total Number Of Players, so rewards will stop building once this limit is reached, and players will have to withdraw their rewards (after the 7 day timer is up), or add fresh capital to continue piling up rewards.
For example: If there is 100 players and the TVL is 100,000, then the bucket threshold will be 1000. A $10,000 deposit will earn $200 per day, then after 5 days, the bucket will be full ($1000 in your rewards), assuming share value of $1, and you will need to withdraw when the withdraw timer ends.
Typically, whales are the ones who profit the most when entering into any high risk ROI/Miner projects. They aren't always a bad thing, but when the minnows are left holding the bag, it usually leaves them dissapointed and unhappy.
Combined with our unique Anti-Drain mechanic, we have also implemented limitations, as to keep the ROI in balance with our mechanics, and everyone can continue earning at the highest rate.
Since our Anti-Drain takes into account TVL/Number Of Players, in order for higher deposits to continue piling rewards/maximizing daily returns without hitting a wall, we have added this Anti-Whale feature. As TVL and Players grow, so will our Anti-Drain limitations, allowing for higher deposits to earn more over time.
We have seen, historically, that inflation is the key issue to all passive income protocols. Invest once, and compound to infinity.
If I sold you a tomato for $2, and you are a happy customer, you would typically return for more, helping support the success of my business. If I sold you a tomato, and you went home and planted it's seeds, growing dozens of your own, then I would go out of business. You only need to buy once to create millions of your own tomatoes over time. To solve this issue, it's imperative to create limits. Create a delicious tomato, and remove the seeds. Returning customers are key to sucess. We have implemented a Max Payout feature, whereby once you hit this limit, your position is burned and you are out of the game. This, in turn, increases the value of shares for all the remaining players, boosting rewards.
To avoid any possibility of a Pump/Dump, we utilize BUSD as our token of choice. Zero pump. Zero dump.
The key component to Sustainability is bringing value. Building utilities, our first being the Low Entry Lottery, and offering Services. One service we plan to offer is Incubation. ShareLock is built in-house, from the ground up. NO forked code. It can be incubated for your very own use, with your own token, max payout, returns, etc.
Where projects fail, is offering static APR. No project can offer any guarantee of a static number of returns, long term. We offer dynamic rate of returns, based on the price of "shares". Returns can be much lower, or much higher, based on demand.
Building a company from zero is, notoriously, one of the most difficuly processes to take on. A huge benefit to partnerships, is not only the transfer of existing success/customers of other platforms, but the knowledge, experience, and growth potential of their teams.
The crypto market moves at a million miles an hour. 1 day is like a month in crypto. It is key to assess the dynamic shifts in the market at any given moment, and adapt to them. Sticking to one core model, never adapting or growing into more over time, will be the ultimate demise of any protocol.
In the blockchain space, it is typical to see a million clones of a project once it has any inkling of global success. Typically, these don't last long term. The projects that bring something new, innovative and exciting to the space, are what attract the most investors over time. You don't have to reinvent the wheel. Just make it better.
Frequently Asked Questions