You have found Nirvana. Financial enlightenment is upon you.
Now, it is time for you to find $BLISS in your enlightenment.
What is $BLISS?
$BLISS is an ERC-20 token which will combine $CORE’s and $ROOT’s mechanics to yield $wBTC for $VANA/$BLISS LP Stakers.
To yield $wBTC, investors must purchase $VANA and $BLISS off of Uniswap, pool them together, and stake their Uniswap LP tokens on our staking platform.
How does it work?
There will be a set fee on $BLISS transactions.
Every 50000 blocks (about 7 days) a keeper function is called that distributes wBTC staking rewards to VANA/BLISS holders. The caller of said function is rewarded a percentage themselves (1–2%).
You will get rewards all week every second you are staked. The amount you receive is based on the amount of fees collected over the previous 50k blocks and your percentage of the staking pool. You do not need to be staked for a full week to receive the rewards.
There will be subsequent pairings that we have in development that will bring volume and increase rewards for those staking. Our primary goal is to reward VANA/BLISS holders.
Why $wBTC?
Perhaps the biggest issue with the Uniswap games we play is that it necessarily reduces our exposure to the most important cryptocurrency to ever exist.
Bitcoin pumps, all of our favorite projects suffer. Bitcoin dumps, all of our favorite projects suffer. Our fabled “alt season” only exists when $BTC enters a consolidation phase.
With $BLISS, participants in the $VANA ecosystem will be able to attain Bitcoin exposure simply by staking LP tokens. Our token prices can go up or down or sideways and our holders will still walk away with $wBTC.
A hedge against the unstoppable volatility of Uniswap. A removal of $VANA from circulation. An instant, digestible use case for both tokens.
The $BLISS Presale
$BLISS’s presale will come at some point in the next few days. The contracts are currently undergoing their final tests before the presale can begin. As soon as we have confirmation that everything is working as intended, we will release the time and date of our presale.
Those $VANA holders who demonstrate that they have truly embraced Financial Enlightenment will be the first in line to buy and enjoy the benefits of $BLISS. Holding 500 or more $VANA at the time of an undisclosed snapshot between now and the presale will entitle those addresses to enter into the first $BLISS presale. After that presale reaches its hardcap (300 $ETH) or time limit (12 hours), we will begin the second presale, if there is any, available to the public.
The presale will be conducted as follows:
- Participants send $ETH to the smart contract.
- The presale allocation will be as follows:
- 110 $ETH will be used as initial $BLISS/$ETH liquidity.
- 110 $ETH will be used to buyback $VANA. The $VANA purchased in this way will be sent to a multisig wallet and will serve as our community treasury. We will use the community treasury for expansion: integrations with projects such as $RFI and partnerships with multiple other existing projects are already in discussion. We need $VANA to make these goals a reality. All funds will be used transparently and with the consent of the community.
- 30 $ETH will be used to pay our developer for his work.
- 40 $ETH will be used to pay for marketing and will go to the team. The team has, thus far, worked entirely free of any compensation and have funded all marketing efforts from our own pocket. We will continue to pay for every ounce of marketing this project needs and deserves.
3. $BLISS/$ETH will be launched on Uniswap.
Specific details regarding the presale and the tokenomics for $BLISS will be released very soon. Stay tuned and, as always, stay enlightened.
