Adding StakingTime LockingDeFi LendingVaults
The newest addition to the Altruism Protocol: Altruvaults is a DeFi as a service platform designed to add features such as staking and DeFi lending to any BSC token.
The Altruvault token will be publicly launched using the DxSale Launch Platform.
Altruvaults is a DeFi-as-a-service platform aiming to add DeFi features such as staking, time-locking, and trustless lending to any BSC token.
Altruvaults is a community-driven project that consists of three parts:
Through the vaults system, we can provide many cutting-edge cryptocurrency mechanisms to existing BSC tokens such as BNB redistribution, auto buyback, and more.
All token vaults will also support the Altruvault and Altrucoin Tokens through a fee structure explained below.
Our 350 BNB ($140,000+ USD) Pre-Sale Sold Out in Under 6 Hours!
Producing yield generation and creating a sensible investment for our holders.
Creating a secure store of value for all our holders.
Giving to impactful charitable causes in order to change the world for the better.
Ensuring no single entity or group has complete control of the protocol.
Through decentralization the Altruism Protocol will remain community driven, built and controlled.
Transparency from our team in all aspects of the project.
Creating a secure store of value for all our holders.
Giving to impactful charitable causes in order to change the world for the better.
Through decentralization the Altruism Protocol will remain community driven, built and controlled.
Transparency from our team in all aspects of the project.
Producing yield generation and creating a sensible investment for our holders.
Ensuring no single entity or group has complete control of the protocol.
The Altruvault token has a one of a kind tokenomics system mixing internal and external price boosting technologies including:
2% of buy transactions and 8% of sell transactions are redistributed to existing holders (50% through vault rewards).
5% of every transaction is used for dynamic auto buy-back and burn after sell transactions.
1% of every transaciton goes to the Charity wallet, 2% to the Marketing wallet, and 2% to the Development wallet.
Every partnered token vault will also support the Altruvault and Altrucoin tokens through one of two mechanisms:
Users pay a small vault entry/exit fee that will be redistributed to existing Altruvault/Altrucoin holders through their token vault(s).
OR
Users will be required to hold a certain number of Altruvault tokens in their wallets to enter and exit partner vaults.
The Altruvault token is the native utility/goveranance token of the Altruvaults project.
The Altruvault token receives rewards from all token vaults.
Our vaults are Defi systems that can be added to any existing BSC tokens. The Vaults platform will eventually be decentralized similar to DxSale's token launch platform.
Altruvault's long-term use case is to become a decentralized lending platform for a variety of tokens. Staking vaults exist at launch, DeFi lending is in development.
A portion of all Altruvault token transactions go to a dedicated multisig charity wallet. Holders can vote on which charities will receive donations.
All protocol wallets and contracts are controlled via Multisig and governance proposals are voted on by the community.
Altrucoin is the first project launched by the our team. It is used as a development platform for features that are converted into vaults. Altrucoin receives rewards from all token vaults.
The combination of innovative tokenomics from the vaults platform and Altruvault token are one of a kind.
Unlike other tokens, we aren’t just making promises to release tech in the future. Our vaults system is live and delivering value even before launch!
We are the first and only project offering these DeFi and staking features to any BSC Token.
Even at launch we already provide features that no other projects offer including:
Altruboost is the automatic buy-back system that the Altruvault token uses. After sell orders, Altruboost purchases Altruvault tokens and burns them.
This increases the value of tokens in circulation, and prevents negative reactions to some of the natural fluctuations of the market.
Partnered token vaults will require that users either pay a fee (used to boost our Altruvault’s price) or hold Altruvault token to enter their vaults.
This causes our token’s value and demand to increase with every new vault we release.
Decentralized onboarding will allow anyone to create vaults for their token (similar to DxSale’s launch platform) greatly multiplying this effect.
Our DeFi vaults feature highly customizable features such as:
See out vaults in action: app.altruvaults.com
Our vaults and token contracts undergo internal and external third-party security audits.
The Altruvault Token, every vault contract, and all protocol wallets are controlled via Gnosis Multisig Safe wallet contracts. This greatly reduces the likelihood of a single rogue user being able to attack or steal protocol funds or liquidity.
By default, vaults in our app already have a private page but the Altruvault Team also provides services for hosting our vaults directly on your project’s website, including admin panels.
We also offer the creation of governance and charity voting applications for tokens. Similar to our voting application: vote.altrucoin.io
The Altruvault token already has substantial value-generating potential, but we plan to add additional use cases to our platform through new vault systems such as:
While an outline is included below, our live roadmap can be found here:
Stage zero focused on building the initial iterations of the project, creating the vault and token smart contracts, and testing them thoroughly before launch.
We solidified our pre-launch partnerships and also completed a variety of administrative and marketing tasks.
This includes:
The primary goal of stage one is to successfully launch the Altruvault token, Vaults platform, and voting application on the BSC mainnet.
After launch, we will complete applications to various listing services and our first centralized exchange.
Goals of Stage 1 include:
The primary goal of stage two is to increase our presence on major platforms, media and exchanges, to partner with additional projects, and to continue building our community.
This includes:
We aim to reach major milestones for total donations to charity during this stage.
We aim to decentralize the vaults application during stage three, allowing for anyone to create a vault for their token.
This also marks the development team's shift to focusing on the beta release of the DeFi lending platform.
The security audit and beta release of the DeFi lending platform will be launched on the mainnet during this time along with our 3rd marketing campaign shortly after.
As the project develops, we expect new technologies to be released that we may want to incorporate into the Altruism Protocol or to build on. Stage five is where we will implement those ideas.
Recordings of our AMA live streams can be found on our youtube channel. New Dox videos coming soon!