Seasonal Tokens - Protect Your Funds and Grow your Wealth over time

 

Overview

Every Bitcoin user and a miner is well-aware of the term Bitcoin halving and what it means to Bitcoin. The halving is the name for one of the most highly anticipated events in Bitcoin’s history. This event affects just how much Bitcoin is in circulation so it doesn’t increase exponentially. In other words, this is Bitcoin’s way of using a synthetic form of inflation that halves every four years until all Bitcoin is released and is in circulation. Most investors believe the value of Bitcoin will increase and it may achieve better growth between now and its fourth halving in 2024. This is based on its track record over the years and with the results from the first and second halving events. You can call it Bitcoin price surges seasonally. Seasonality is a problem for cryptocurrency investors. When bitcoin goes out of season, investors need to look elsewhere. Seasonal Tokens have been engineered to make seasonality work for the benefit of investors.

What are Seasonal Tokens?

Seasonal Tokens are cryptocurrencies mined using proof of work like bitcoin. They are designed so that if you trade them in a cycle you will end up with more than you started with. There are four tokens Spring, Summer, Autumn, and Winter. Once every nine months, the rate of production of one of the tokens is cut in half.

The tokens that are produced at the fastest rate become the slowest. Spring tokens are currently produced at the fastest rate of the four. In June the Spring halving will take place and Spring will then become the most difficult of the four to mine.

Mission of Seasonal Tokens 

The mission of the project is to make the investment opportunity provided by the tokens a reality, using industry-standard best practices and ensuring compliance with financial regulations. The interests of investors have been the highest priority at every stage. The long-term vision is a future in which every investor can include the tokens in their portfolio, either as a primary investment or to hedge the seasonality of other investments.

Unique Features

• Easily increase your tokens - An investor who trades 3 Spring tokens for 5 Summer tokens will have more tokens in total after the trade than before. Always trade tokens for more tokens and the total number of tokens you own will increase with every trade.
• Profit from volatility - If the price of one of the seasonal tokens plunges, you can trade other seasonal tokens for it and increase the number of tokens you own. By trading tokens for more tokens, you can convert price fluctuations into gains.
• No need to trust anyone - The tokens are produced by proof-of-work mining, just like Bitcoin. They're commodities, not promises.
• Simple investing - The tokens are designed to rise in price relative to each other in a predictable sequence. Spring will tend to rise in price, then Summer, Autumn, Winter, and Spring again.
• Hedge other investments - The total value of an investment portfolio can be made less seasonal, and more inclined to rise smoothly, by mixing seasonal tokens in with other seasonal investments.

Benefits of Seasonal Tokens 

• Four Tokens - There are four tokens like the four seasons in nature - Spring, Summer, Autumn, and Winter. They're produced by mining and can be used for farming. Mining controls the relative supply, and farming creates a relative demand.
• Different Prices - Each of the tokens has a different price, which gives you the opportunity to trade the more expensive tokens for the cheaper ones and increases the total number of tokens you own.
• Fixed Cycles - Every nine months the rate of production of a token is cut in half. Four months later, that token becomes more valuable for farming. It goes from being the cheapest to produce and the least valuable for farming to be the most expensive, and the most valuable.
• Long-Term Investing - Your investment can increase in value by just holding a token for a long time and then selling when the rate of production of that token is much lower.
• Cyclical Or Volatility Trading - Trade tokens for more tokens every time there is a big price difference, or when the price changes because of the new season coming.
• Short-Term Profits - Buy the token that you expect to soon become the most expensive of the four, and then sell it a few weeks later when there is expected farming demand.

How Does it Work?

• The four tokens introduced here have scheduled production halvings that occur, for each token, nine months after the previous token's halving. This allows investors to hold a coin while it is rising in value, and then trade it for a coin that will rise in value during the subsequent months. An investor who follows this strategy will always hold a token that has recently become scarce in comparison to what the market has become accustomed to, and whose price can be expected to rise as the market adjusts to the new scarcity.
• Each token will have a total supply of approximately 33,112,800 tokens. So in the very long term, the coins can be expected to have approximately equal value. However, at any given time before then, one token will be generated at a faster rate than the others, and over time will tend to become cheaper to buy. Another token, which was previously generated at the fastest rate, will have recently halved its rate of production, and will then be generated at the slowest rate of the four, and will become scarcer, and consequently more expensive, over time. Trading the more expensive tokens for the cheaper ones will allow an investor to increase the number of tokens that he or she owns over time.
• An investor who holds 1 Spring Token, for example, can wait until the rate of production of Spring Tokens is halved, and then the Summer Token will be the one that is produced at the highest rate. This will eventually cause the Summer Token to become cheaper than the Spring Token, whose newfound scarcity will make it more expensive. The investor may be able to trade the 1 Spring Token for 1.5 Summer Tokens. Those 1.5 Summer Tokens might later be traded for 2 Autumn Tokens, and those, in turn, might later be traded for 2.5 Winter Tokens.
• The cycle completes when the Winter Tokens are traded for Spring Tokens again, and the investor may at that time be able to buy 3 Spring Tokens and can repeat the cyclical process to acquire more.

Seasonal Tokens farming

Seasonal tokens can be used for farming. Investors and miners can receive a regular income of tokens by providing liquidity at Uniswap and then depositing the Uniswap liquidity position into the farm. Farming helps to ensure that there is sufficient liquidity available for trades, and it generates a rotating demand for the tokens that complements the rotating scarcity.

Farming Benifits

• Earn Rewards - Providing liquidity allows you to get part of the 9% contribution that the mining pool distributes to all farmers like you. Farming creates an incentive to provide liquidity, ensuring that the tokens can be traded on the market.
• Earn Fees - Every time a trade takes place, the farmers who provide liquidity collect fees of 1%.
• Rotating rewards - This rotation of the farm payouts makes it profitable for farmers to switch from providing liquidity for other tokens to providing liquidity for Spring tokens. This will create demand for Spring tokens four months after the rate of production is cut. The combination of the reduced supply and increased demand should put upward pressure on the price, reinforcing the profits of cyclical traders.

Tokonomics

The tokens are ERC20 tokens issued on the Ethereum blockchain. The code was forked from the 0xBitcoin project, which implements a mineable token with a decreasing rate of production. The production schedule was adjusted to create each of the four seasonal tokens. As ERC20 tokens, the seasonal tokens can be traded permissionless on decentralized exchanges, stored on standard hardware wallets, received and sent with the Metamask plugin, and viewed on etherscan.io. The tokens also comply with the ERC-918 standard for mineable tokens. This provides a standardized interface for applications to interact with tokens that can be mined. Existing mining software for 0xBitcoin and similar coins can automatically be used to mine the seasonal tokens.

Read More Here

Website: https://seasonaltokens.org/

Twitter: https://twitter.com/Seasonal_Tokens

Discord: https://discord.com/invite/Q8XZgJEDD3

Reddit: https://www.reddit.com/r/SeasonalTokens/

Medium: https://seasonal-tokens.medium.com/

Proof of Author

Forum Username: Bitrock1

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3453326

Bitcoin Wallet Address: 39sm3TKX2JkhPFWPWBDVqYwu7gBFdz5LgS