TWIN Token

The TWIN.FINANCE ($TWIN) token is the governance token that is launched through ICOs to guarantee its correct distribution.

The TWIN token has two main characteristics:

Capture CDP Closing Fees — When Twin CDPs are below the minimum collateral required and somebody redeems them, we charge a 5% fee on the collateral they receive.

Fees are used to purchase TWIN tokens on PancakeSwap, which are then burnt to create a deflationary ecosystem.

Governance of the protocol: the TWIN token will be used to change the main parameters of the protocol, such as the acceptance rate of and the position fee. It could also be used to make spending proposals against the on-chain community group that has TWIN tokens, which can be used to fund developer grants and add incentives to the protocol.

TWIN distribution

a total of 35 million TWINs will be used in the Initial Token Distribution.

This distribution will be made as follows:

30M will be destined to be launched on the best ICO platforms

3M will be used to provide liquidity in PancakeSwap

2M will be used for Marketing campaigns and cooperations.

Twin has a deflationary token issuance system, Every year there is a “halving” in the issuance of tokens. up to a maximum supply of 180M

Our initial farms will mint 7.3 $ TWIN per block

or around $ 201,600 TWIN per day

✅Channels:

- WEB: https://twin.finance
- TG: https://t.me/TwinFinance
- TG Announcements: https://t.me/TwinFinanceAnn
-Twitter: https://twitter.com/twinfinance
-Medium: https://twinfinance.medium.com/

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