FAQ

Waiting

On a Sunday afternoon

For what I read between the lines

Your Frequently Asked Questions

Greetings, traveler!

I just woke up. Where am I?

This is Stone Temple Binance, the Binance Smart Chain (BSC) release of the DeFi platform by Sugandese Tokens! Our Polygon Network platforms were PolyWantsACracker (LITHIUM), Stadium Arcadium (MYFRIENDS & ARCADIUM), and the current Darkside Finance (CZDIAMOND & DARK). We have changed layers not because of failure but because we have developed a fundamentally new type of farming system whose features we are improving rapidly.

Our first layer, PolyWantsACracker (LITHIUM), became arguably the most successful yield farm ever throughout its entire lifespan based on the promise of what our tokenized ownership system would be. Our second layer, Stadium Arcadium, was the first ever user-owned yield farm and blockchain platform! Darkside Finance refines the parameters of the new tokenized ownership system and implements gradual dividend emissions.

Stone Temple Binance has almost the same code as Darkside Finance, with a few key differences:

  • Stone Temple Binance's PLUSH yield token has a more rapid emission rate than DARK, the equivalent on Darkside Finance. This should provide higher initial APRs

  • More of Stone Temple Binance's STB ownership token is preminted, and less is given as yield emissions, than the corresponding proportions of CZDIAMOND, Darkside Finance's yield token

  • Differences in the token distribution in accordance with the BUSD presale

  • Replacements of BSC router address, token address, and decimal values

But how is this platform really different?

We are the first BSC DeFi platform ever to implement a full-scale tokenized ownership system that directly distributes platform income proportionally to users without a centralized fee wallet. All deposit fees and other platform income are liquidated and then distributed according to the following formula:

  • 75% of deposit fees and 50% of other platform income --> BUSD dividends to STB stakers

  • 25% of deposit fees and 50% of other platform income --> Automatic PLUSH AMM price support

Therefore, our tokenized ownership system effectively serves as a technological rug-pull-proofing mechanism as long as the public's share of ownership tokens have been distributed and staked. Once that occurs, there is no way for the creators to run off with all of the fees: the creators harvest their share of BUSD from the dividend pool the same way as everyone else and have no access to others' share of the money.

Hold on there... that sounds too good to be true! What dividends has the system actually paid out?

Our tokenized ownership system has a history of distributing huge dividends in terms of both amount and percentage! After raising a total of $900k in cash on Polygon Network, our system distributed over $900k in USDC dividends within a few weeks. That's right: on Polygon Network, we have distributed more in dividends than we have raised in cash! We are unaware of any other corporation that has ever given back more than it has raised in such a short time.

In contrast, in other DeFi "dividend systems," a centralized person usually distributes a very small percentage of the farm's income using a staking pool for the farm token. This requires users to take complete principal risk by holding a single inflationary token, and such setups never redistribute more than a tiny percentage of platform income. The few attempts at yield farming dividends that have gone beyond that were not well thought out, such as one that used a weekly payout system that resulted in a massive dump every Friday.

We hope you will join us and experience the only REAL dividends in DeFi!

Alright, well, now I want some tokens! How do I get them?

You can purchase both the dividend token, STB, and the yield token, PLUSH, in a fixed ratio by participating in our BUSD Presale! In addition, all pools and farms besides the STB single staking pool emit both STB and PLUSH! The STB single staking pool emits both PLUSH and BUSD dividends!

I heard there was also a bonus for participating in the BUSD presale for Stone Temple Binance. What bonus do I get?

That's right... there's more! All participants who swap BUSD for Stone Temple Binance presale tokens will additionally receive 1/3 of the public tokens for our upcoming Fantom blockchain release! These bonus tokens will be airdropped! The other 2/3 of the public tokens will be sold in a public presale on the Fantom blockchain. Therefore, our Stone Temple Binance BUSD presale will yield FOUR tokens: ownership and farming tokens on both blockchains!

So you said you distribute dividends... but wait... how does your platform make money?

That's a great question! I'm glad you asked. Just like with many other DeFi organizations, a large amount of our fees have been deposit fees. However, our platform has several sources of additional income through the dApps we have developed:

  • Over-The-Counter (OTC) Trading Exchange: Volume fees, deal creation fees, white-label licensing fees

  • Lootcrate contract: Pay to receive a digital "card pack" that contains three mystery goods! "Cards" can contain valuable tokens or rare NFTs! This can serve as an indirect buyback and a distribution/promotion mechanism for NFTs.

  • NFT Sales: We will be unveiling an irresistible series of original NFTs for release and staking on Stone Temple Binance. NFT Sales are the most lucrative thing in crypto right now, and our platform is your chance to own a piece of a company that sells them! The Lootcrate and NFT Sales have synergized to produce over $70,000 in profit since they debuted just a couple of weeks ago!

  • NFT Staking: We offer true staking of NFTs, which could yield both deposit fees and visibility to the platform. No other platform offers true NFT staking.

  • Slot Machine: We are developing a series of on-chain gambling apps, beginning with a Slot Machine! We have received the preliminary audit report of our Slot Machine from Paladin Blockchain Security and will be releasing it soon.

  • Poker: Our next on-chain gambling app, in development now, will be poker. We believe that poker will be extremely profitable, as online poker table fees are generally over 4%. We also believe that we could garner a large audience by charging a fairer fee like 3% while still making large profits.

  • Full Game: We also plan to develop a full GameFi game based on Mechwarrior. When we do, it will be NFT-based, but PLUSH will be a payment token for things like repairs!

OK, I went and bought the presale tokens! Now what?

There are swap contracts that will allow everyone to swap the presale tokens for STB and PLUSH at the same time. Please check the Launch Schedule to confirm the time when the swap opens and head to the Presale Shop to swap!

The ring fell off my pudding can!

Here, use my pen knife, my good man!

Ser, wen promo?

Chainlink's co-marketing tweet regarding our adoption of their Verfiable Random Function for our Lootbox (English, Chinese)

RugDoc.io publication of our educational article about Underrated Predictors of Yield Farm Success

Our YouTube Channel containing technical explainer videos, podcasts, and other goodies

In addition, Sugandese Tokens has long been one of RugDoc.io's top paid advertising clients, and the Stone Temple Binance launch period is no exception! We have banner ads, expanded top listing, top listing placement, and even a sponsored calendar spot on RugDoc's website for this launch!

We have also taken out advertisements in other places, such as CoinGecko, and we are known for our excellent showings at AMAs! Speaking of which...

Ser, wen AMA?

AMA with BSC News: October 2, 1800 GMT! [Transcript]

AMA with BSCGemz: October 4, 1800 GMT! [Transcript]

Community Q&A with Chainlink: October 7, 1300 GMT! [Transcript]

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