Solamin (SLM)
Whitepaper V1.0
1.Intro
The crypto market and its currencies have become an integral part of today's world.
For this reason, I am firmly convinced that it is possible to turn even an initially unknown and insignificant token into a payment
method that can be used on a daily basis. But not to pay or buy anything with it, rather a digital currency should be
used for digital products. With Solamin (SLM), a new area will be opened up!
2.Problems
Low liquidity
Initially, Solamin also struggled with low liquidity. As a result, there arecurrently still strong fluctuations and high slippage when buying.
Solution
Solamin is already used today as an in-game currency in the “Solamin Miner Club” app. In future, monthly revenues from in-game app
purchases will be returned to Solamin as liquidity.
This repatriation will take place via the 1% Solamin that goes to the developer address when trading. This will make it possible to increase the liquidity of the Solamin (SLM) in the long term and keep the price stable.
New coins or tokens are only ridiculed by the major crypto exchanges. This makes it a little difficult at first to offer many trading options with Solamin. Solamin (SLM) still has to earn its place on the major exchanges. After its creation, I received offers from various exchanges to speed up the process. I hope you understand me, but I find 5000$ for a listing absolutely exaggerated and will not support it. We'd rather earn our place on the exchanges and I'll invest that money in the important parts of the project.
Solution
If the liquidity of Solamin increases and trading flourishes, this problem will solve itself. In due course, I will again ask the large and well-known exchanges to register.
Until then, we still have the Pancake.swap exchange, where you can add and trade the Solamin at any time via the contract address.
To bridge this period, it will initially be possible to buy Solamin (SLM) directly from the owner at fair and stable prices.
3.Solamin Exchange
It is currently only possible to trade the Solamin (SLM) via the Pancake.swap exchange. Until further exchanges are available, Solamin (SLM) can be purchased directly from the owner. In the future, there will be further exchanges with a listing.
4.Solamin Token (SLM)
Solamin is a token that was created in the binance smart chain after much thought and careful calculation. This results in a high level of security and low transaction fees. A total of 21 million solamines were created with 18 decimal places.
The contract source code is available on Bscscan Verified and can be viewed by everyone.
Contact address: 0xd29ef97fbF54e91E83D4A98Aea355DAFC9767Dee
Solamin (SLM) was created to serve as a digital means of payment for developers, digital creators and gamers. As an indie game developer myself, I know how difficult it is to assert yourself on the market with your own game against the corporations. So I will create a digital world that is available to all developers, digital creators and gamers alike. Nobody has to be ashamed anymore, creators and developers can also offer works that have been rejected on the major platforms, for whatever reason! Gamers can acquire games that they would otherwise never have access to and do so completely anonymously.
In this world, however, only one form of payment is accepted and that is the Solamin (SLM), welcome to a new area!
Solamin (SLM) is already used as a payment and disbursement currency in two of my projects.
5.Wallet
As it is very time-consuming, I had not yet seen any reason to create a separate wallet for Solamin. Currently, the easiest way to add Solamin is in MetaMask. Which also allows easy trading with pancake.swap and cheap gas prices.
6.Person Responsible
Michael Lorber - CEO
(Developer and Managing Director DayandNightGames)
I have been the managing director and owner of a construction company for 21 years. Five years ago, I fell in love with the digital world of game development and have not been able to get away from it.
To have the opportunity to digitally represent all ideas and fantasies and to share them with you.
I am not a financial manager, but with my years of experience as a managing director, I will lead Solamin to success.
7.Risks
The security of the Binance Smart Chain is well known.The source code is open and free of malicious code.
The financial risk is manageable at the current price. Private ownership of large amounts of Solamin is generally not desirable. Only the owner address currently holds 5 million, and this is solely for price stabilization and private trading. The liquidity is added to the Solamin via Cake's, to ensure more security for the investor, these Cake's are sent to the burn address! Liquidity is assured for all solamin on the market.
Of course, everyone should be aware before trading cryptocurrencies, as well as any other currency, that things can go wrong!
Important: Please be careful to purchase the correct token. Anyone could create a copy of Solamin. Therefore, please make sure you have the correct token before purchasing. How do you do this? Simply use the token contract address, and you'll be on the safe side.
If you have any questions about Solamin, please contact support.
Solamin Support email: solamin@dayandnightgames.de
or visit the community server on Discord.
for example, Pancakeswap.
https://pancakeswap.finance/swap?outputCurrency=0xd29ef97fbF54e91E83D4A98Aea355DAFC9767Dee