How-to, Tips and Articles: May 2022

Saturday, May 14, 2022

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

⭐️ NOWPayments eCommerce plugins enabling your store to accept crypto (FTM, BTC, ETH) as payment - https://nowpayments.io/payment-tools

Description: Home for algorithmic token ALT pegged 1:1 with TOMB on Fantom Opera network. Being strong believers of Tomb Finance and inspiration by the TOMB Seigniorage system, Alternates Finance would like to support the rapidly growing TOMB protocol by bringing new use cases to the TOMB. By pegging ALT to TOMB, we aim to provide an alternative to TOMB's liquidity on the Fantom Opera network. Naturally, pegging ALT to TOMB exposing us to its success.

The original Alternates Finance (so-called ALT 1.0) is underpeg and soon will be stop printing. There are several ways that we could bring it back to peg for the healthy of protocol, yet buy-backs is the last resort to do so. Instead of spending the limited treasury fund for limited effects, we decided to leverage on it and bring the ALT to the new Alternates Finance -- ALT 2.0, with new algorithmic token ALT2 which peg.

The Difference with the Original Alternates Finance

ALT-TOMB ⇒ ALT2-FTM Alternates 2.0 will move away from pegging to TOMB.

We respect the originator Tomb.Finance and ALT1.0 chose to peg to TOMB. However, the original Alternates require purchase of TOMB which increase the barrier for newcomer to join the protocol.In order to ease the entry barrier, ALT2.0 will thus back to pegging of FTM instead.

ASHARE-ALT ⇒ ASHARE2-FTM Alternates 2.0 will peg the ASHARE2 LP with FTM.

The original Alternates had this innovation in order to create the utility of ALT token. However, the noticed this innovation LP was abused. Dumpers sold ASHARE and get ALT, and sold ALT to get TOMB to exit the protocol. This results in single-sided sell pressure on ALT and not healthy for the protocol. In order to avoid cumulative single-sided selling pressure on just ALT, ALT2.0 will be ASHARE2-FTM instead.

Fair-Launch Fair-Liquidity ⇒ Fair-Launch Stealth-Initial-Liquidity Alternates 2.0 will move away from providing Fair-Liquidity for a complete Fair-Launch.

The original Alternates intended to create a fair environment for everyone to participate, including gaining rewards from the largest rewarding genesis pool ALT-TOMB. The unprecedented Stabilizing act that brought ALT price back to reasonable range for a fair-launch participation opportunity was abused by Whales. The act indeed helped most participants in getting the ALT-TOMB LP at reasonable cost and gaining high rewards from ALT-TOMB genesis rewards (>120% daily APR by end of genesis). However, eventually Whales rides on this for their exit, resulting in Genesis Whale Dump, causing ALT price dipped and eventually under-pegged. In order to avoid such situation, ALT2.0 will be in Fair-Launch Stealth-Initial-Liquidity model.

https://alternates.finance

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Alternates Finance - Algorithmic Token Pegged to TOMB on the Fantom Network - YouTube

Alternates Finance - Algorithmic Token Pegged to TOMB on the Fantom Network - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

⭐️ NOWPayments eCommerce plugins enabling your store to accept crypto (FTM, BTC, ETH) as payment - https://nowpayments.io/payment-tools

The Difference with the Original Alternates Finance

ALT-TOMB ⇒ ALT2-FTM Alternates 2.0 will move away from pegging to TOMB.

ASHARE-ALT ⇒ ASHARE2-FTM Alternates 2.0 will peg the ASHARE2 LP with FTM.

Fair-Launch Fair-Liquidity ⇒ Fair-Launch Stealth-Initial-Liquidity Alternates 2.0 will move away from providing Fair-Liquidity for a complete Fair-Launch.

https://alternates.finance

Friday, May 13, 2022

Maruno Management - An Algorithmic Token Pegged to 0.1 USDC on Fantom Chain With an Innovative Long Term Plan

Maruno Management:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

⭐️ NOWPayments eCommerce plugins enabling your store to accept crypto (FTM, BTC, ETH) as payment - https://nowpayments.io/payment-tools

Description: A tomb fork on FTM transitioning into a revenue sharing hedge fund with real world assets. Stake your MARUNO-USDC LP in the Farm to earn SWIFT rewards. Then stake your earned SWIFT in the Boardroom to earn more MARUNO!

Maruno Management is beginning its journey as a Tomb Fork pegged to 0.1 $USDC with a long term of plan of becoming a stable hedge fund with real word assets that attract traditional investors who know little to nothing about the DeFi space. Keeping a mixture of real world assets as well as cryptocurrencies in our treasury fixes a lot of issues that most DAOs face and gives investors an opportunity to own a share of assets that would normally have a high barrier to entry. During our tomb phase we will have a three token structure: $MARUNO - our algorithmic token pegged to 0.1 USDC, $SWIFT, $MBOND. Like most other algorithmic tokens, MARUNO is pegged to 0.1 USDC. One of the biggest failures of most algorithmic tokens however has been their lack of use cases over the long term. Holding the $MARUNO token will automatically give investors a share of our growing hedge fund and in turn a share of our revenue.

What Sets Us Apart

Maruno Management has a relatively eccentric long term strategy and is beginning its journey as a Tomb Fork on the Fantom network. Our long term goal is to acquire a mixture of decentralized crypto assets and real world assets in order to create one of the most stable hedge funds white still maintaining high returns for investors. After 120 days of the project launching, we will begin marketing outside of the Crypto & DeFi space - to real estate investors, stock investors, mortgage lenders & more. This will help achieve our goal of gaining investments from industries that would normally never go near crypto.

Using liquidity gained from the project we will begin acquiring and investing into 7 assets which will belong to our treasury:

1) Non-Performing Mortgage Notes

2) Multi-Family Residential & Commercial Real Estate

3) SAAS Start Ups (Series A Funding Rounds)

4) Performing Business Notes

5) REIT Shares

6) Stablecoin Farming

7) Early Stage Crypto Projects

We will then move to a DAO revenue-sharing model more akin to Time Wonderland and the project will explicitly transition into a hedge fund for people of all industries to invest in, including traditional/non-DeFi investors.

https://marunomanagement.com

Maruno Management - An Algorithmic Token Pegged to 0.1 USDC on Fantom Chain With an Innovative Plan - YouTube

Maruno Management - An Algorithmic Token Pegged to 0.1 USDC on Fantom Chain With an Innovative Plan - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

⭐️ NOWPayments eCommerce plugins enabling your store to accept crypto (FTM, BTC, ETH) as payment - https://nowpayments.io/payment-tools

What Sets Us Apart

Using liquidity gained from the project we will begin acquiring and investing into 7 assets which will belong to our treasury:

1) Non-Performing Mortgage Notes

2) Multi-Family Residential & Commercial Real Estate

3) SAAS Start Ups (Series A Funding Rounds)

4) Performing Business Notes

5) REIT Shares

6) Stablecoin Farming

7) Early Stage Crypto Projects

https://marunomanagement.com

DarkOpera | Next Generation Frax Token

DarkOpera | Next Generation Frax Token:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

⭐️ NOWPayments eCommerce plugins enabling your store to accept crypto (FTM, BTC, ETH) as payment - https://nowpayments.io/payment-tools

DarkOpera Protocol - The Algorithmic Token Protocol on Fantom Pegged to FTM, BOO, and UAH

Description: Hybrid Fractional Collateral = DC + FRAX with multi printer boardroom. DarkCrypto is the first algo-token with an Insurance Fund (collateral with real assets, ie CRO and FTM). DarkOpera is pegged to FTM, BOO, and UAH, combines DarkCrypto and FRAX’s design with multi-printer. DarkOpera tokens include: $DARK0 — FTM, $DBOO— BOO, $DUAH — Ukrainian Hryvnia, $FRANK — DarkOpera Share token. By default DUAH has 1% transaction fee which will be forwarded to Ukrainian Red Cross Society to support Ukrainian people affected by the war. When $DARK0, $DBOO, $DUAH are under the peg, instead of using Bond mechanism, 15% tax on token transfer applied will be burnt immediately to reduce the token supply and help to push token price up to peg.

Enhancement on Boardroom

DarkOpera is the first of its kind, combines DarkCrypto and FRAX’s design with multi-printer in Boardroom. Users will stake $FRANK in the Boardroom to earn rewards ($DARK0, $DBOO, and $DUAH). Every time users claim rewards from Boardroom, there are two options available for claiming. Users must pay an amount of $FTM accordant with 25% rewarded tokens. Or you can receive 20% discounted (accordant with 20% rewarded tokens) by using $DARK as the payment token.

https://www.darkopera.finance

DarkOpera Protocol - The Algorithmic Token Protocol on Fantom Pegged to FTM, BOO, and UAH - YouTube

DarkOpera Protocol - The Algorithmic Token Protocol on Fantom Pegged to FTM, BOO, and UAH - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

⭐️ NOWPayments eCommerce plugins enabling your store to accept crypto (FTM, BTC, ETH) as payment - https://nowpayments.io/payment-tools

Enhancement on Boardroom

https://www.darkopera.finance

Tuesday, May 10, 2022

Hurricane Finance - An Algorithmic Stablecoin on the Fantom Opera Blockchain, Pegged to the Price of 1 FTM

Hurricane Finance:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Description: Tornado utilizes multiple bonding mechanisms at the DAO as well as seigniorage. Stake your TORNADO-WFTM Spooky LP in the Farm to earn HURRICANE rewards. Then stake your earned HURRICANE in the Boardroom to maximize profits!

TORNADO - FTM Pegged Token

TORNADO is an algorithmic stablecoin, pegged 1:1 to FTM. The protocol's algorithm aims to maintain TORNADO's peg of 1:1 TORNADO:FTM in the long run.

HURRICANE - Protocol Shares

HURRICANE shares are one of the ways to measure the value of the HURRICANE Protocol and shareholder trust in its ability to maintain TORNADO close to peg. During epoch expansions the protocol mints TORNADO and distributes it proportionally to all HURRICANE holders who have staked their tokens in the Boardroom. HURRICANE holders have DAO voting rights on proposals to improve the protocol and future use cases within the Hurricane Finance ecosystem.

TBOND - TORNADO Bonds

TORNADO Bond's (TBOND) main job is to help incentivize changes in TORNADO supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of TORNADO falls below 1:1 FTM, TBOND are issued and can be bought with TORNADO at the current price. Exchanging TORNADO for TBOND burns TORNADO tokens, taking them out of circulation (deflation) and helping to get the price back up to peg. These TBONDs can be redeemed for TORNADO when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for TORNADO when it is above peg, helping to push it back toward 1 TORNADO to 1 FTM ratio.

https://hurricanefinance.io

Hurricane Finance - An Algorithmic Stablecoin on the Fantom Opera, Pegged to the Price of 1 FTM - YouTube

Hurricane Finance - An Algorithmic Stablecoin on the Fantom Opera, Pegged to the Price of 1 FTM - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

TORNADO - FTM Pegged Token

TORNADO is an algorithmic stablecoin, pegged 1:1 to FTM. The protocol's algorithm aims to maintain TORNADO's peg of 1:1 TORNADO:FTM in the long run.

HURRICANE - Protocol Shares

TBOND - TORNADO Bonds

https://hurricanefinance.io

Crypt Finance - An Algorithmic Stablecoin on Fantom Opera, Pegged to the Price of 1 TOMB via Seigniorage

Crypt Finance:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Description: Stake your SKULL-TOMB LP in the Farms to earn GRAIL rewards. Then stake your earned GRAIL in the Boardroom to earn more SKULL!

Crypt Finance is an algorithmic stable coin protocol pegged 1:1 to TOMB on Fantom. Much like Tomb Finance, our protocol uses three tokens (SKULL, GRAIL, CRYPT) to incentivise a stable 1:1 peg to TOMB. The protocol's underlying mechanism dynamically adjusts SKULL's supply, pushing its price up or down relative to the price TOMB.

What is the differentiating factor between this and other protocols?

The main difference between this and other algorithmic protocols is that Crypt finance will be building other sub-protocols that will induce burning mechanisms on SKULL from the get go. From day 1 we will be launching with our innovative set of auto-compounders that will not only help to generate deflationary pressures for a peg token but also help foster partnerships with other similar protocols. Whilst we can not reveal all plans yet in fear of getting front run, these complimentary projects/protocols will be aimed at exploiting the flows of cash in the DeFi space and rerouting them into helping maintain our peg. So, instead of just releasing useless nft sets with no inherent utility we will be bringing income and cold hard cash back to the protocol with automatic burns from revenue generating projects.

https://www.cryptvault.finance

Crypt Finance - An Algorithmic Stablecoin on Fantom , Pegged to the Price of 1 TOMB via Seigniorage - YouTube

Crypt Finance - An Algorithmic Stablecoin on Fantom , Pegged to the Price of 1 TOMB via Seigniorage - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Description: Stake your SKULL-TOMB LP in the Farms to earn GRAIL rewards. Then stake your earned GRAIL in the Boardroom to earn more SKULL!

What is the differentiating factor between this and other protocols?

https://www.cryptvault.finance

Based Finance - The First Algorithmic Token Pegged to TOMB on the Fantom Network

Based Finance:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Description: As big supporters of TOMB the seigniorage system that has been successfully running for months. We want to support their protocol by pegging BASED to TOMB, henceforth providing new use cases for TOMB, as well as increasing TOMB's liquidity on the Fantom ecosystem. Consequently, exposing ourselves to TOMB also means exposing us to its recent success. BASED is an algorithmic token pegged to TOMB. The protocol’s underlying mechanism dynamically adjusts BASED supply, trading its price up or down relative to the price of TOMB. Based finance is a multi-token protocol which consists of the following three tokens: BASED (BASED), BASED Shares (BSHARE), BASED Bonds (BBOND).

Launch (Genesis Pools)

Based Finance has decided to use TOMB Finances’ idea of implementing Genesis pools to provide initial token allocations of BASED. We believe Genesis pools provide the best bot protection, and will also incentivize user added liquidity which is extremely beneficial for a new protocol. Team will provide LP for BASED-TOMB. This LP will be locked and all TXS will be public.

BASED - Based Token

BASED token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain BASED peg to 1 Tomb (TOMB) token in the long run.

Note that BASED actively pegs via the algorithm, it does not mean it will be valued at 1 TOMB all times as it is not collaterized . BASED is not to be confused for a crypto or fiat-backed stable-coin.

BSHARE - Based Share

Based Shares (BSHARE) are one of the ways to measure the value of the BASED Protocol and shareholder trust in its ability to maintain BASED close to peg. During epoch expansions the protocol mints BASED and distributes it proportionally to all BSHARE holders who have staked their tokens in the Acropolis (boardroom). BSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Based finance ecosystem.

BBOND - Based Bonds

Based Bonds (BBOND) main job is to help incentivize changes in BASED supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of BASED falls below 1 TOMB, BBONDs are issued and can be bought with BASED at the current price. Exchanging BASED for BBOND burns BASED tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 TOMB. These BBOND can be redeemed for BASED when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for BASED when it is above peg, helping to push it back toward 1 TOMB. Contrary to early algorithmic protocols, BBONDs do not have expiration dates. All holders are able to redeem their BBOND for BASED tokens as long as the Treasury has a positive BASED balance, which typically happens when the protocol is in epoch expansion periods.

https://basedfinance.io

Based Finance - The First Algorithmic Token Pegged to TOMB on the Fantom Network - YouTube

Based Finance - The First Algorithmic Token Pegged to TOMB on the Fantom Network - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Launch (Genesis Pools)

BASED - Based Token

BASED token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain BASED peg to 1 Tomb (TOMB) token in the long run.

BSHARE - Based Share

BBOND - Based Bonds

https://basedfinance.io

Friday, May 6, 2022

Felix Exchange - The Purrfect Exchange to Unlock the Pawsibilities of the Fantom Ecosystem

Felix

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Description: Power of CeFi tools in DeFi. We’ve created the purrrfect exchange. Discover the all-in-one destination for Fantom and over 600 other tokens. Felix is your single destination to access the full power of the Fantom Blockchain. Built for traders of all levels to participate in the growth of Fantom with access to professional tools and features essential to unleashing the power of the blockchain. Felix Exchange is only available to non-US and non-OFAC sanctioned residents due to regulatory requirements.

The Felix Advantage

The vision of Felix is to foster blockchain innovation and provide traders access to the best cryptocurrency projects. It’s for this reason that Felix launched as the home for one of fastest growing blockchains, Fantom. Our goal is to become the most trusted global cryptocurrency exchange that allows users to trade with confidence on the cutting-edge Fantom blockchain. Felix offers some of the deepest liquidity and the largest selection of Fantom tokens on a centralized exchange.

Fantom Tokens

Felix traders can trade Fantom native tokens and pairs such as FTM and TOMB with the lowest fees. New tokens and pairs are added regularly. Best of all, Felix traders don’t have to worry about liquidity. Deep liquidity is guaranteed by Binance for the majority of trading pairs listed.

Advanced Functionality

Felix supports multiple order types, including market and limit orders, enabling a variety of strategies for traders to execute. High-frequency traders can also integrate their trading bots with the Felix API for seamless trading execution.

Transparent Market Data

Felix and Binance’s shared order book allows Felix traders to have access to the most up-to-date and accurate market data.

https://www.felix.com

Felix Exchange - The Purrfect Exchange to Unlock the Pawsibilities of the Fantom Ecosystem - YouTube

Felix Exchange - The Purrfect Exchange to Unlock the Pawsibilities of the Fantom Ecosystem - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

The Felix Advantage

Fantom Tokens

Advanced Functionality

Transparent Market Data

Felix and Binance’s shared order book allows Felix traders to have access to the most up-to-date and accurate market data.

https://www.felix.com

Tuesday, May 3, 2022

Liquid Driver - Governance Blackhole & On-Demand Liquidity-as-a-Service (LaaS)

Liquid Driver - $6.839:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Description: LiquidDriver is the first liquidity mining dApp providing liquidity-as-a-service in the Fantom ecosystem. We aim to bring its users more utility, rewards, and long-term benefits through our native token, LQDR, and ultimately become the leading liquidity-on-demand platform for dApps on the Fantom Opera Mainnet.

Features

Farms: Users can stake their SpiritSwap, SpookySwap, and Beethoven-x LP tokens on www.liquiddriver.finance/farms and earn our native token, LQDR, as a reward.

Single Sided Farms: Users can stake their Hundred hTokens and earn HND rewards at the maximum boosted rate.

Shadow Farms: Users can stake their SpiritSwap, SpookySwap, and Beethoven-x LP tokens and earn their yield-bearing governance tokens (xBOO, fBEETS, linSPIRIT) as rewards.

Vault Strategy: LP tokens staked in our pools will be deployed to our strategy contracts and staked in our partners pools to generate yields, which are then redistributed to xLQDR holders through our Revenue-Sharing Vault.

Revenue-Sharing Vault: xLQDR holders receive daily rewards from our Revenue-Sharing vault. Rewards are collected from 1/ our strategies behind our staking pools 2/ a performance fee applied on top of the Shadow Farms. Currently, these rewards are LINSPIRIT, BOO, SPELL, BEETS and LQDR.

xLQDR: Lock your LQDR to generate xLQDR, the yield-producing vested version of LQDR. The longer your locking time, the higher the amount of xLQDR you receive.

xLQDR FNFT: ERC-721 version of xLQDR by Revest.Finance. The FNFT can be sold on Paintswap. The FNFT allows different positions with different principal amounts and lock periods to be taken with a single wallet address. Like the traditional xLQDR, the lock period can be increased and the rewards be claimed on a daily basis.

cLQDR: The auto-compounding version of xLQDR by Growth.Defi. Users deposit their LQDR to mint cLQDR. Growth.Defi locks the LQDR as xLQDR and auto-compounds the rewards for more xLQDR. As a result cLQDR appreciates against LQDR over time. cLQDR can be freely swapped on Beethoven-x.

Leveraged Farming (to be released): Farm on your favorite AMM's platform with leverage through single, all-in-one transaction.

Single-sided Vaults (to be released): Deposit stables or wFTM to a vault to earn rewards.

https://www.liquiddriver.finance

Liquid Driver - Governance Blackhole & On-Demand Liquidity-as-a-Service (LaaS) - YouTube

Liquid Driver - Governance Blackhole & On-Demand Liquidity-as-a-Service (LaaS) - YouTube:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Liquid Driver - Governance Blackhole & On-Demand Liquidity-as-a-Service (LaaS)

Features

Farms: Users can stake their SpiritSwap, SpookySwap, and Beethoven-x LP tokens on www.liquiddriver.finance/farms and earn our native token, LQDR, as a reward.

Single Sided Farms: Users can stake their Hundred hTokens and earn HND rewards at the maximum boosted rate.

Shadow Farms: Users can stake their SpiritSwap, SpookySwap, and Beethoven-x LP tokens and earn their yield-bearing governance tokens (xBOO, fBEETS, linSPIRIT) as rewards.

xLQDR: Lock your LQDR to generate xLQDR, the yield-producing vested version of LQDR. The longer your locking time, the higher the amount of xLQDR you receive.

Leveraged Farming (to be released): Farm on your favorite AMM's platform with leverage through single, all-in-one transaction.

Single-sided Vaults (to be released): Deposit stables or wFTM to a vault to earn rewards.

https://www.liquiddriver.finance

Monday, May 2, 2022

Rich City - The First Metaverse That Established by Its Community on Fantom

RICH CITY:

⭐️ FB: https://facebook.com/howtotutorialtips

⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Description: Not just another NFT project, it is our story of our journey into the Metaverse! Rich city is a P2E RPG game on Fantom based on the very efficient Token architecture and playable by anyone. The game was inspired by The Godfather, where 9,000 Gangster NFTs and 1000 SWAT NFTs are trying to earn a great value of cryptocurrencies. Join the Party by buying some NFTs, and start to earn $CASH by robbing a bank, level up to the head of gangsters.

Web 3.0 - Using the Web3.0 technology to create your digital identity (and more) here in the decentralized and smarter metaverse.

DAO - The DAO is your platform for greater control and influence over the development of the RichCity, the city built by its citizens.

GAMES - The RichCity ecosystem is a game universe filled with many varied avenues to earn NFTs (and more) with real monetary value.

X TO EARN - Every citizen can earn income by contributing to the RichCity ecosystem in a more flexible, fluid, and playful manner.

DEFI - Build the P2P economy for the RichCity citizens to help them earn their fortune and spend it however they may choose.

R-CHAIN - Build the network governed by the citizens to boom the RichCity ecosystem influence to the wide Blockchain world.

https://richcity.xyz

Rich City - The First Metaverse That Established by Its Community on Fantom - YouTube

Rich City - The First Metaverse That Established by Its Community on Fantom - YouTube:

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⭐️ Stake Fantom, Earn Rewards: https://fantom.foundation/ftm-staking

⭐️ Use FTM to shop on Amazon, eBay, Walmart & Home Depot at https://shopping.io

Rich City - The First Metaverse That Established by Its Community on Fantom

Web 3.0 - Using the Web3.0 technology to create your digital identity (and more) here in the decentralized and smarter metaverse.

DAO - The DAO is your platform for greater control and influence over the development of the RichCity, the city built by its citizens.

GAMES - The RichCity ecosystem is a game universe filled with many varied avenues to earn NFTs (and more) with real monetary value.

X TO EARN - Every citizen can earn income by contributing to the RichCity ecosystem in a more flexible, fluid, and playful manner.

DEFI - Build the P2P economy for the RichCity citizens to help them earn their fortune and spend it however they may choose.

R-CHAIN - Build the network governed by the citizens to boom the RichCity ecosystem influence to the wide Blockchain world.

https://richcity.xyz

Sunday, May 1, 2022

Learn about cost accounting

Measuring profits or net income is the most important thing accountants do. The second most important task is measuring costs. Costs are extremely important to running a business and managing them effectively can make a substantial difference in a company's bottom line.

Any business that sells products needs to know its product costs and depending on what is being manufactured and/or sold, it can get complicated. Every step in the production process has to be tracked carefully from start to finish. Many manufacturing costs cannot be directly matched with particular products; these are called indirect costs. To calculate the full cost of each product manufactured, accountants devise methods for allocating indirect production costs to specific products. Generally accepted accounting principles (GAAP) provide few guidelines for measuring product cost.

Accountants need to determine many other costs, in addition to product costs, such as the costs of the departments and other organizational units of the business; the cost of the retirement plan for the company's employees; the cost of marketing and advertising; the cost of restructuring the business or the cost of a major recall of products sold by the company, should that ever become necessary.

Cost accounting serves two broad purposes: measuring profit and furnishing relevant information to managers. What makes it confusing is that there's no one set method for measuring and reporting costs, although accuracy is paramount. Cost accounting can fall anywhere on a continuum between conservative or expansive. The phrase actual cost depends entirely on the particular methods used to measure cost. These can often be as subjective and nebulous as some systems for judging sports. Again accuracy is extremely important. The total cost of goods or products sold is the first and usually largest expense deducted from sales revenue in measuring profit.

Learn the different types of costs

Direct costs are those costs that cann be directly attributed to a product or product line, or to one source of sales revenue, or one business unit or operation of the business. An example of a direct cost would be the cost of tires on a new automobile.

Indirect costs are very different and can't be attached to any specific product, unit or activity. The cost of labor or benefits for an auto manufacturer is certainly a cost, but it can't be attached to any one vehicle. Each business has to devise a method of allocating indirect costs to different products, sources of sales revenue, business units, etc. Most allocation methods are less than perfect, and generally end up being arbitrary to one degree or another. Business managers and accounts should always keep an eye on the allocation methods used for indirect costs and take the cost figures produced by these methods with a grain of salt.

Fixed costs are those costs that stay the same over a relatively broad range of sales volume or production output. They're like an albatross around the neck of business and a company must sell its product at a high enough profit to at least break even.

Variable costs can increase and decrease in proportion to changes in sales or production level. Variable costs vary proportionately with changes in production/

Relevant costs are essentially future costs that could be incurred, depending on what strategic course a business takes. If an auto manufacturer decides to increase production, but the cost of tires goes up, than that cost needs to be taken into consideration.

Irrelevant costs are those that should be disregarded when deciding on a future course of action. They're costs that could cause you to make a wrong decision. Whereas relevant costs are future costs, irrelevant costs are those costs that were incurred in the past. The money's gone.

What is GAAP?

While many businesses assume that accountants are bound by generally accepted accounting practices and that these are inviolate, nothing could be further from the truth. Everything is subject to interpretation, and GAAP is no different. For one thing, GAAP themselves permit alternative accounting methods to be used for certain expenses and for revenue in certain specialized types of businesses. For another, GAAP methods require that decisions be made about the timing for recording revenue and expenses, or they require that key factors be quantified. Deciding on the timing of revenue and expenses and putting definite values on these factors require judgments, estimates and interpretations.

The mission of GAAP over the years has been to standardize accounting methods in order to bring about uniformity across all businesses. But alternative methods are still permitted for certain basic business expenses. No tests are required to determine whether one method is more preferable than another. A business is free to select whichever method it wants. But it must choose which cost of good sold expense method to use and which depreciation expense method to use.

For other expenses and for sales revenue, one general accounting method has been established; there are no alternative methods. However, a business has a fair amount of latitude in actually implementing the methods. One business applies the accounting methods in a conservative manner, and another business applies the methods in a more liberal manner. The end result is more diversity between businesses in their profit measure and financial statements than one might expect, considering that GAAP have been evolving since 1930.

The pronouncement on GAAP prepared by the Financial Accounting Standards Board (FASB) is now more than 1000 pages long. And that doesn't even include the rules and regulations issued by the federal regulatory agency that jurisdiction over the financial reporting and accounting methods of publicly owned businesses - the Securities and Exchange Commission (SEC).

How to construct budged financial statements?

Ugh, budgeting is one of those topics we'd rather avoid, but in business, it's an absolute necessity. To prepare a reasoned and thoughtful budget, an accountant must start with a broad-based critical analysis of the most recent actual performance and position of the business by the managers who are responsible for the results. Then the managers decide on specific and concrete goals for the coming year. It demands a fair amount of management time and energy. Budgets should be worth this time and effort. It's one of the key components of a manager's job.

To construct budged financial statements, a manager needs good models of the profit, cash flow and financial condition of your business. Models are blueprints or schematics of how things work. A business budget is, at its core, a financial blueprint of the business. Budgeting relies on financial models that are the foundation for preparing budgeted financial statements. Those statements include:

-- Budgeted income statement (or profit report): This statement highlights the critical information that managers need for making decisions and exercising control. Much of the information in an internal profit report is confidential and should not be divulged outside the business.

-- Budgeted balance sheet: The connections and ratios between sales revenue and expenses and their corresponding assets and liabilities are the elements of the basic model for the budgeted balance sheet.

-- Budgeted statement of cash flows: The changes in assets and liabilities from their balances at the end of the year just concluded to the projected balances at the end of the coming year determine cash flow from profit for the coming year.

Budgeting requires good working models of profit performance, financial condition, and cash flow from profit. Constructing good budgets is a strong incentive for businesses to develop financial models that not only help in the budgeting process but also help managers in making strategic decisions.

MENJADI MANUSIA KESUKAAN ALLAH | IBADAH RAYA I | Pdt. Dr. Erastus Sabdono | 01 Mei 2022 | 11.00 WIB

IBADAH RAYA I | Pdt. Dr. Erastus Sabdono | 01 Mei 2022 | 11.00 WIB - YouTube:

MENJADI MANUSIA KESUKAAN ALLAH | IBADAH RAYA I | Pdt. Dr. Erastus Sabdono | 01 Mei 2022 | 11.00 WIB

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What is a sole proprietorship?

A sole proprietorship is the business or an individual who has decided not to carry his business as a separate legal entity, such as a corporation, partnership or limited liability company. This kind of business is not a separate entity. Any time a person regularly provides services for a fee, sells things at a flea market or engage in any business activity whose primary purpose is to make a profit, that person is a sole proprietor. If they carry on business activity to make profit or income, the IRS requires that you file a separate Schedule C "Profit or Loss From a Business" with your annual individual income tax return. Schedule C summarizes your income and expenses from your sole proprietorship business.

As the sold proprietor of a business, you have unlimited liability, meaning that if your business can't pay all it liabilities, the creditors to whom your business owes money can come after your personal assets. Many part-time entrepreneurs may not know this, but it's an enormous financial risk. If they are sued or can't pay their bills, they are personally liable for the business's liabilities.

A sole proprietorship has no other owners to prepare financial statements for, but the proprietor should still prepare these statements to know how his business is doing. Banks usually require financial statements from sole proprietors who apply for loans. A partnership needs to maintain a separate capital or ownership account for each partners. The total profit of the firm is allocated into these capital accounts, as spelled out in the partnership agreement. Although sole proprietors don't have separate invested capital from retained earnings like corporations do, they still need to keep these two separate accounts for owners' equity - not only to track the business, but for the benefit of any future buyers of the business.

What are partnerships and limited liability companies?

Some business owners choose to create partnerships or limited liability companies instead of a corporation. A partnership can also be called a firm, and refers to an association of a group of individuals working together in a business or professional practice.

While corporations have rigid rules about how they are structured, partnerships and limited liability companies allow the division of management authority, profit sharing and ownership rights among the owners to be very flexible.

Partnerships fall into two categories. General partners are subject to unlimited liability. If a business can't pay its debts, its creditors can demand payment from the general partners' personal assets. General partners have the authority and responsibility to manage the business. They're analogous to the president and other officers of a corporation.

Limited partners escape the unlimited liability that the general partners have. They are not responsible as individuals, for the liabilities of the partnership. These are junior partners who have ownership rights to the profits of the business, but they don't generally participate in the high-level management of the business. A partnership must have one or more general partners.

A limited liability company (LLC) is becoming more prevalent among smaller businesses. An LLC is like a corporation regarding limited liability and it's like a partnership regarding the flexibility of dividing profit among the owners. Its advantage over other types of ownership is its flexibility in how profit and management authority are determined. This can have a downside. The owners must enter into very detailed agreements about how the profits and management responsibilities are divided. It can get very complicated and generally requires the services of a lawyer to draw up the agreement.

A partnership or LLC agreement specifies how profits will be divided among the owners. While stockholders of a corporation receive a share of profit that's directly related to how many shares they own, a partnership or LLC does not have to divide profit according to how much each partner invested. Invested capital is only of the factors that are used in allocating and distributing profits.