dPassive Project Review – $DPS Presale (ILO) on Unicrypt


dPassive $DPS is a new token on Binance Smart Chain. What is dPassive?

dPassive Finance is a new DeFi platform that facilitates the on-chain trading of synthetic assets that
represent the real-world assets.

Let’s deep dive into.

dPassive Project Review - $DPS Presale (ILO) on Unicrypt

Token Info

Project name: dPassive

Ticker/Symbol: DPS

Contract address: 0x59973dC5a69Ae1ecC8561B7B1eA6189769F7578a

Token type: BEP-20

Total supply: 300.000.000 DPS

Launchpad: Unicrypt Network(PancakeswapV2)


Disclaimer

Presales have some risks. Please DYOR (do your own research)


tokenomics
Liquidity Lock Rate60% BNB raised liquidity lock
time:11 months
ParticipationNot private
Softcap350 BNB
Hardcap3200 BNB
Min-Max Spend per Accountmax 8 BNB
Presale price4.687,5 DPS / per BNB
Listing price4.218,75 DPS / per BNB
Audit (by SolidProof)
KYC (by SolidProof)
Startapprox: Fri 18 Jun 16:33 UTC
Endapprox: Mon 21 Jun 16:32 UTC

Locked tokens: some part locked in Unicrypt, other part locked in Wealth Locks, check .Lock duration in 1 year to 7 years.

Token Distribution

10%30,000,000IDO/IFO for products development
45%135,000,000Community and Eco-system Fund (locked)
30%90,000,000Reserved for liquidity mining (locked)
10%30,000,000Team (locked)
5%15,000,000Early investors (locked)

It is good

  • 60% BNB raised liquidity lock
  • 11 months liquidity lock duration
  • The presale price is cheaper than listing price.
  • KYC by SolidProof
  • Audit by SolidProof, check full report
    • No critical-high-medium issues

About the team

  • Anonymous

From White Paper

You can check White Paper. It is a well-prepared and detailed document. Below you will find only some products and features. Please read the White paper to learn in detail about all products and how the system works.

dPassive Finance is a new DeFi platform that facilitates the on-chain trading of synthetic assets that
represent the real-world assets. dPassive Protocol seeks to provide exposure to real-world assets
risk/return profiles via smart contracts on the blockchain.

dPassive

Forked from Mirror Protocol of Terra chain, dPassive will leverage the time-tested derivative liquidity protocol and bring interoperability, scalability, and a whole new array of tradable, realworld derivative products to the DeFi ecosystem. We will enhance and re-deploy a new cross protocol on Binance Smart Chain, and subsequently on Ethereum and Polkadot.

Products

The product Features will as follow, but not limited to below:

  • Minting and Redemption of stocks tokens of US/HK stock markets
  • Decentralized synthetic Asset exchange.
  • Up to 38 stock market access worldwide upon community suggestion and data
  • availability
  • Rare metals and other commodities vs crypto Assets
  • Environmental, Social, Corporate Governance (ESG) Investment products vs crypto
  • Assets
  • BNB/ETH/Polkadot – synthetic asset tokens Liquidity Mining Pools
  • Real world assets collateral integration with Special Purpose Vehicle (SPV)
dPassive project

Features of dPassive

Usage of dPassive:

dPassive $DPS can be used to pay for any fees on their platform, including and limited to:

  • Minting fees
  • Exchange fees*
  • Redemption fees
  • Any other fees

*All exchange transaction on the platform will be charged a 0.3% (0.25% go to liquidity providers and 0.05% fees will be the revenue of the platform)

When you use to $DPS to pay for fees, you will receive a significant discount👇:

1. year50% discount
2. year25% discount
3. year12.5% discount
4. year6.75% discount
5. yearNo discount

Deflationary

Every year, some DPS will be burned using the revenues from the platform. This will continue until 25% of the total supply is burned.


dPassive is a product based project. The platform will have many features. For technical details of the platform, I recommend you to read the White Paper. How the platform will be set up, which methods it will use, and how it will work are well explained.

About tokenomics: 60% liquidity rate and 11 monts lock duration is good. 89.2% of total supply were locked.

It’s true that there are too many locked tokens. However, lockout periods vary between 1 year and 7 years. This is an important detail. For a meme coin, such tokenomics is a disaster.

On the other hand, it is not right to expect a product-based project like dPassive to put most of the tokens on sale and liquidity. Because these tokens will be used on the platform.

In addition, since these tokens are locked, they will not cause sudden price drops after listed.

Considering that the project has KYC and audit, I think these tokenomics are good for this project. If you examine the project in detail, I think you will agree with me.

If dPassive products are implemented, there could be heavy use of $DPS. This, along with manual burn, can increase the value of the token. Especially those who like to invest long-term should check out dPassive.

Presale ended

17 BNB collected. It didn’t reach softcap. Failed.


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