A coming ‘DeFi Toolset’ designed to help investors make smart decisions.
United States - October 27, 2022 —
The SpaceWorm Crypto Project, launched in September 2022, is a hyper-deflationary black hole experiment on a mission to disrupt the DeFi omniverse.
People in the DeFi space look for quick flips and short-term “degen” gains, often going for hype, or solely tokenomics-based projects first, and overlooking those with more serious players or plans behind them.
This is generally because the risk behind the pump & dump hype of short-term or “memecoin” projects is more exciting than HODLing and making real, sustained gains.
Sustainability is what makes all the difference between a project being just a memecoin or something to actually invest in. Enter SpaceWorm, which brings revolutionary tokenomics to the landscape, without the difficult-to-understand messaging and promises many others use.
“$WORM is about real, sustainable growth. This project is for people who want to move beyond false hype. At every stage we are being transparent, to make things as easy for the community to understand as possible,” said the spokesperson for SpaceWorm
“The team behind SpaceWorm brings a vast network of DeFi knowledge, finance and tech connections and business experience to the technology and strategy of the $WORM ecosystem,” they added.
- Originally launched as a tokenomics experiment, but now has the potential to become something significantly more.
The lead developer, @TriexDev, has already started working on an early version of Wormhub.app. Wormhub is the forthcoming $WORM token dashboard, as well as a collection of DeFi & Crypto Tools.
A long term approach
What separates SpaceWorm token from thousands of contemporary alternatives is the “true obliteration” method for burns. While the majority of projects send tokens to “dead” wallets, SpaceWorms contract uses a way to eliminate tokens from existence and token supply, as well as ‘directly injecting liquidity’ automatically on every single transaction.
This creates a unique synergy where the supply over time is drying up, with the liquidity padding increasing on each buy and sell, thus creating sustainability and longevity for the project. As utility starts to release within the project, $WORM tokens will become more and more scarce, proving to be a successful store of value and a reliable asset to hedge against inflation whilst offering unique features and benefits to the holders of the project.
By deploying a direct liquidity injection mechanism alongside a more significant burn, $WORMs token mechanism creates a pump factor & mitigates experienced dumps while thriving in a hyper-deflationary environment. As the scarcity skyrockets, the downsides of injecting only the token to liquidity are circumvented.
Transparency and ease
Key to this project is transparency and ease. All innovations are prone to replication. Here the team are not concerned about forks or copies. In this space, there are some projects that obfuscate or confuse info to generate hype, or prevent others from imitating.
SpaceWorm is all about supporting open and clear information. For those interested in deeper details, they can read more from the @SpaceWormETH medium, or keep up to date in the Telegram channel.
“We’re building a community of people from across the globe, with more joining every day. These are people attracted by the revolutionary ideas and flamboyant aesthetic of SpaceWorm,” said a supporter from the community.
We believe that this is a project which goes beyond hype.
Join the Telegram Community to get the latest news: https://t.me/SpaceWormPortal
Contact Info:
Name: SpaceWorm PR Team
Email: Send Email
Organization: SpaceWorm
Address: United States
Website: https://linktr.ee/SpaceWormETH
Release ID: 89083770
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