With Bitcoin so close to break ATH, The Teknician is ready for the bull run and its fair to say that its here! 📈
A brand new utility is incoming, stay tuned as we are expanding our services even further.
Join us: https://t.co/aBf3x5yleM
🗣️AI Technology Loans
🐂Preparing for the bull run with the future of loan protocols $AITEK
It is no secret that decentralized finance is the land of quick opportunity. Many participants make their profits by swapping in and out of several tokens per day and week. It is often a place where individuals are forced to move liquidity from an asset that they may have conviction on to take advantage of short-term opportunity. The AI Technology Loan program aims to remove this constraint providing users quick access to their liquidity.
How It Works
AI Technology utilizes smart contracts to both store the users’ funds and track the asset price that they are borrowing against. Users can access the stored value in the tokens they hold on https://t.co/SGoVRBHHma , Connect your wallet, search the token contract you would like to access, approve, and execute. The user can then claim the Ethereum after a 15 minute holding period. If the token that you are trying to borrow against isn’t listed than simply request to have it whitelisted.
Whitelisted Tokens
In order to protect both the user and the project our team takes a manual approach when whitelisting tokens. To qualify tokens should have high distribution, a reasonable tax and preferably renounced contract. These attributes ensure that a project doesn’t drop substantially or go illiquid while participants have active loans.
Rules for Borrowing
Users can access up to 50% of the stored value of their token, limited to 1 loan per wallet. If the borrowed against asset drops by 40% their tokens will be liquidated to service the loan. Users have 10 days to either renew or payback the loan if this timeline is exceeded the smart contract automatically sells the borrowed against asset to service the loan.
Terms of the Loan
• 2 ETH Maximum Loan (to be increased)
• 0.6% Daily Interest
• 0.02 ether Processing Fees
• Liquidation at -40%
• 5% Tax
• 1 Loan Allowed per wallet
• Collect Loaned ETH 15 Minutes After Execution
https://t.co/VTFYruIwmN
Tomorrow is a big day, launch of @Blast_L2!
I've decided to join the party and launch Blast https://t.co/DQAspolnvo Volume Trader.
It will come with tier 2 advanced subscription for 0.1ETH/month. So everyone who is subscribed will be able to use the Blast VT on the day-1!
🧵
Got my eyes on this to be honest and testing it out if they can fine tune this should send hard, also looks CLEAN af. Dev been cooking while chart floored is always bullish to me!
$CMBOT @CheckmateTools
Pro Bot Officially Launched
A Journey from Vision to Reality
We extend our sincere thanks to our users for trusting us on this journey. Your confidence motivates us to strive for continuous improvement.
The Pro Bot is just the beginning, and we are committed to delivering an even better product in the future.
https://t.co/zYXiTWmOkd
To gain access to the PRO Bot, you will need to hold at least 1,000 $CMBOT tokens
CHECKMATE PRO INSTRUCTION MANUAL (https://t.co/nGO9Khggxo)
Follow these step-by-step instructions to efficiently utilize the Checkmate Pro Bot, ensuring a seamless and personalized trading experience!