Incentive for Early Adoption: Early buyers benefit from lower taxes as the number of transactions increases, encouraging more trading and liquidity.
Burning Mechanism for Scarcity: As the supply of eFrog is reduced via burning, the scarcity effect can drive up the value of the remaining tokens.
Community-Oriented: Once ownership is renounced, the community will have control over the future of the token, contributing to a more decentralized ecosystem.
DeFi Compatibility: As an ERC-20 token, eFrog is easily integrated into the existing DeFi ecosystem, enabling staking, yield farming, and other financial products.
NFT Staking and Rewards:
Users can stake NFTs in the contract, locking them for a period and earning points. These points accumulate based on the number of NFTs staked and the staking duration. Staking also allows users to interact more deeply with the platform and potentially receive additional benefits.
Deposits and Withdrawals:
Users can deposit ETH and ERC20 tokens into the liquidity pool. The deposited amounts are tracked, and users can also withdraw their assets as needed.
