Introducing trees.finance, Governed by $GANJA

Overview

trees.finance is a community-driven project inspired by Civitas Protocol and governed by GANJA, a BEP-20 token that rolls up 4.20% of each transaction into a community wallet.

GANJA — The first 100% community-driven deflationary token on the Binance Smart Chain.

Each week, token holders get to vote on how to allocate the GANJA collected in the community fund. The community can choose to:

  1. Light it up (burn supply)
  2. Take a hit (reward community members)
  3. Pass it (for marketing)

Community-Driven Governance

The benefit to holders of GANJA is the 4.20% deflation mechanic that creates buy and hold pressure as holders experience an automatic yield on the value per token just for holding.

The tokens absorbed by the community fund will automatically be pulled into a fully transparent governance wallet that will be used to provide a number of use cases.

Voting on the use of community funds will be reserved for members of the trees.finance Smokers Club. To join the Smoker Club members must hold a minimum of 1 GANJA.

This mechanism aims to reward and empower GANJA token holders to decide the direction of trees.finance and incentivize more of the community to hold their GANJA tokens.

Minimum burn & Maximum re-introduction

Based on re-introduction use-cases outlined below, the minimum burn and maximum re-introduction limits will result in a minimum of 2.1% deflation in supply as at least 50% of tokens absorbed by the community wallet will be permanently burned each week (Never re-introduced into circulating supply and burned through the contract).

A maximum ‘re-introduction’ rule will be in place for the community wallet to ensure a permanent deflation of at least 2.1% to the liquidity pool. Only 50% of the balance of the absorbed tokens (or 2.1% in relation to the amount absorbed from liquidity) can ever be put towards use cases where the token could be re-introduced into liquidity pools, such as marketing or giveaways.

The reason for this is, for example, if community members are rewarded with a giveaway and these holders wish to sell their tokens back into the liquidity pool, the impact on the total deflation cannot exceed 2.1% ensuring a minimum deflation of 2.1% as a result of each community vote.

Re-introduction Use Cases

Use cases for the funds accumulated in the community wallet will be determined by members of the trees.finance Smoker Club and will go towards community-driven incentives that will be voted on by the community. Those use cases include:

  • Burns — Permanent reduction on total supply
  • Community Rewards — Giveaways to community members through incentives, competitions, airdrops, etc.
  • Marketing — Marketing to increase exposure and adoption for the project

Tokenomics

5000 Initial Fixed Supply

  • 2250 Tokens to Presale Allocation (45%)
  • 1300 Tokens to PancakeSwap Liquidity (26%)
  • 500 Tokens to initial Marketing (10%)
  • 200 Tokens to Team (4%)
  • 750 Tokens in reserve for alternative liquidity pools on other exchanges and provisions for future staking and farming platforms. (16%)

Initial Liquidity

Initial liquidity will be provided through an incentivized pre-sale via whitelisting. Contributors on the whitelist will receive a 20% discount on the value of their tokens (or ‘1.2x’ the amount of tokens they would otherwise have received at list-price).

  • 70% of liquidity raised will be used to create the PancakeSwap liquidity pool
  • Liquidity will initially be locked for 3 months and re-locked thereafter for up to 3–6 months at a time
  • The additional 30% will be used to offset start-up fees including contract deployment/liquidity locks, marketing costs for the initial launch, independent smart contract auditor fees, and any contingencies needed to further the project.

NFT Art & Airdops

To celebrate the spirit of $GANJA, we will be minting collectible trees.finance NFTs to airdrop to early supporters, pre-sale buyers, and Smokers Club members holders over the comings week. Keep an eye out for more details on NFT drops and collections.

Early Supporter 4:20 Card — 1/100 Limited NFT

Website: trees.finance

Contract: 0x447c324f7eb99e512ff18308203b36d3c2607e0e

Telegram Discussion: t.me/treesfinace

Announcements: t.me/treesfinance_ann

Twitter: twitter.com/treesfinance

Medium: medium.com/@treesfinance

Github: github.com/treesfinance

disclaimer: trees.finance is an experimental project in decentralized finance and as with any other investment there is risk involved.

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$GANJA || The first 100% community-driven deflationary token on Binance Smart Chain

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trees.finance

trees.finance

$GANJA || The first 100% community-driven deflationary token on Binance Smart Chain

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