Status Security (STS) is a one of a kind cryptocurrency project that was just launched recently and has a promising opportunity that would attract investors into the world of digital currency.
It uses peer to peer technology within the Ethereum blockchain and is focused on long term holders.
All crypto enthusiasts know how volatile the market is. It can go up or down in an instant similar to how big Bitcoin's value in 2017 and then it just plummet in 2018. There's a lot of reasons why the cryptocurrency market is so unpredictable.
One of them is when a coin drops its rate, holders or investors will suddenly sell their coins to avoid loses and the result would give the cryptocurrency a much lower value. This is where STS comes in.
STS was created to solve this problem by using a Status-Based Incentive Program (SBIP). By using this unique system, STS will establish balance, security and stability because whether the market goes up or down, its users and investors are incentivized by holding their STS.
How does it work?
It's pretty simple, similar to a time deposit, when investors bought Status Security tokens, they are entitled to receive rewards depending on how long they are going to hold on to their tokens. Imagine having 1,000,000 STS tokens and still get rewarded just by holding?
By holding on to the STS tokens, investors must agree to the terms and conditions that includes Freezing your tokens for a certain amount of time. Tokens that are frozen cannot be sold, withdraw or trade until the duration is over.
Each duration you choose has a different percentage.
- Monthly (30 days) = 1% (every 30 days)
- Quarterly (90 days) = 1.25% (every 30 days)
- Semi-annual (180 days) = 1.50% (every 30 days)
- Annually (365 days) = 2% (every 30 days)
Wrapping up
In my opinion, receiving rewards just by holding on a coin is a great feature. It gives us investors peace of mind because STS tokens grow even if you keep on holding. It also reduce the risks of losing when the market is down.
With this unique feature, it's highly possible that other cyrptocurrency companies will adapt this kind of technology especially if Status Security will show proof that this kind of program will make users hold on to their coins more rather than trading or selling specially when the price goes down.
This is also a great start for people who are new to cryptocurrency because holding is much easier than trading. You don't have to check the crypto market often just to gain profit.
With this unique feature, it's highly possible that other cyrptocurrency companies will adapt this kind of technology especially if Status Security will show proof that this kind of program will make users hold on to their coins more rather than trading or selling specially when the price goes down.
This is also a great start for people who are new to cryptocurrency because holding is much easier than trading. You don't have to check the crypto market often just to gain profit.
For more information please visit the site below:
Author: lani123lani
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Eth: 0xaeC6B59a69a13FBea61AC87b27Cc50d8F594F923
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