ViralCoin issues the first DeFi token “Fair Balanced Launch” in several networks

Press release

November 30, 2021, Highway City, BVI –– ViralCoin has successfully launched with several groundbreaking features that will forever change the scope of the Fair Launch. ViralCoins definition of a fair balance launch is one that keeps token prices constant while new tokens are minted until the maximum total offer is realized in all networks.

To implement this groundbreaking feature, ViralCoin developed ViralVault, which rebalances the liquidity pool (LP) every time ViralCoin is created. The realignment of the liquidity pool is helping to keep the maximum price relatively stable until the entire ViralCoin supply has been run down. ViralCoin further improves the definition of a fair launch by giving tokens to founders, early adopters or developers in advance.

ViralCoin – cryptocurrency innovation

The first on-chain online token referral system allows ViralCoin enthusiasts to join the community without buying tokens. 1% of each purchase will be distributed to the recipient’s referring wallet address.

Additional tokens include a 3% reallocation fee to all wallet holders proportional to their assets, excluding pool wallets. Automated LP functionality is completely unnecessary, as ViralCoin’s liquidity pool is designed to maintain itself through the “Fair Balance Launch”.

USD Coin (USDC) is paired with ViralCoin in the liquidity pool. The developers designed this framework to withstand insensitive losses and further ensure that ViralCoin continues to grow regardless of fluctuations in the crypto market. Any popular token on the supported network can be exchanged for ViralCoin and will be instantly converted to USDC before being added to the Viral Liquidity Pool.

2021 and beyond: ViralCoin DAO proposal

ViralCoin has created a decentralized autonomous organization (DAO) to deploy and en masse their disruptive technology. After the official start, the development, application and trajectory of ViralCoin will be decided by the DAO with a vote of the management committee on further proposals.

Upcoming proposals include the development of a subscription-based smart contract wallet as well as integrations with popular e-commerce partners. If approved, ViralCoin holders have the option to spend their tokens on recurring bills and have the option to turn ViralCoin into a lifestyle token.

To learn more about ViralCoin, visit their website and learn how to seamlessly participate in Ethereum, Binance Wise Chain, Polygon Matic, Avalanche, Harmony One, Fantom, xDai and others.

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