Problem Statements

Change in the Token Price

There are many facets to launching a successful project: marketing, development, and testing to name a few. The market also plays a role. A large decrease in token price can scare away users, making them sell their tokens or leave the pool.

Solution: In order to prevent tokens from depreciating, we have increased their utility by adding them to pools where users are rewarded for staking and charged no extra fees. As in any liquidity pool, special liquidity tokens are sent to the liquidity provider when they make a deposit. Each time a trade happens, a certain percentage of it is distributed to all liquidity providers in the pool at that time. Besides getting income from fees, Pancake Swap lets providers use their liquidity tokens however they like. For example, staking, selling, and transferring. So, thanks to liquidity staking technology, providers can stake their own LP tokens and get rewarded for it.

When staking on bRing, users interact with the smart contract using their own wallets, like MetaMask. We audit our contracts to ensure their complete security.

Liquidity providers earn fees from trading and rewards. The longer you stake, the bigger rewards you will earn.

Creating Demand

There are thousands of startup coins on the market today. With so much competition, it’s difficult to create demand for your token.

Solution: LP staking and farming pools. LP staking stimulates users to buy tokens and add liquidity to the liquidity pool. Stakers can also become LPs (liquidity providers), by using an AMM to add liquidity to the token of their choice. LPs add liquidity to their chosen token via Pancakeswap, and then stake that LP token. LPs earn more rewards than regular stakers. They earn fees both from trading and rewards (APR). And if we’re talking about farming pools, we have gathered together a group of fellow projects to form farming pools, allowing us to market our tokens more effectively. Each token in the group is marketed equally by group members, creating more exposure. When there are a low number of stakers, the APR increases dramatically, creating more demand for staking.

Staying True to the Community

Honest projects want to grow and want their community to share in their success. Dishonest projects, Pump-and-Dumps, want to boost their value quickly and run off with the profits. Artificial price inflation like this only erodes community trust and cheats investors.

Solution: Instead of artificially inflating our token, we increase its value through liquidity staking and farming pools. Users can add liquidity to their tokens using an AMM, we prefer PancakeSwap, and get rewarded for it. Users can also stake and earn high APRs in liquidity staking pools. All forms of staking help strengthen the token.