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Pyramid – An All-In-One Multi-Feature Project Entering the DeFi World

Based on Binance Smart Chain (BSC), Pyramid is a decentralized platform for the modern world that utilizes the BEP-20 protocol. Through Pyramid, various services will come together on a single platform, hoping to build a growing community.

Today, we will share a quick overview of the project’s key features with the readers. It is worth reminding that, while doing so, we will keep a neutral point of view.

About Pyramid

For Pyramid’s long-term viability and decentralization, the team decided to leverage the BSC technology. Consequently, the project’s developers decided to offer transparency and initial coin distribution features.

Staking, launching pad, NFT marketplace, and swapping facility are all under one roof in the Pyramid ecosystem. Let us talk about the vision and ecosystem of the project in the following subsections.

The Project’s Vision

The team’s goal is to have cryptocurrencies included in every client’s investment wallet. The founders foresee a world where wealth-building tactics will be made available to everybody. In other words, the team wishes to join the DeFi concept of empowering people with financial decentralization.

Pyramid’s whitepaper promises the creation of a revolutionary ecosystem to bring more people into digital assets. The consequence of this mechanism would be allowing everyone to make a passive income in the crypto world.

Pyramid Pad

The team wants to assist new projects to build a community by allowing them to list their coin on the system. The coin’s website and social links will only be a part of the information available to the public.

In order to raise money from investors, Pyramid will use a multi-chain platform. The team wishes to make the portal compatible with BNB, Ethereum, and Matic.

Users who want to participate in the IDOs must register in advance to the procedure. Pyramid Pad will let investors do this, allowing them to purchase the coins they desire.

Pyramid Market

In terms of dealing with NFTs, Pyramid Market is the entry point to this world in the ecosystem. An NFT is a unique, non-transferable asset minted on the blockchain.

NFTs stand out from other forms of assets by their essential characteristics, which contribute to their distinct value. Among these characteristics, we can mention verifiable uniqueness and the fact that no one can fraction them.

Decentralized systems are steadily replacing many centralized entities, and NFTs are only the latest example of this trend. With this system in place, digital and physical collectibles makers should have a new channel for generating revenue.

Staking and Farming

More and more people, including institutions, are realizing the potential rewards of investing in the cryptocurrency market. This aspect is particularly evident in the passive income niche of the crypto market. In response to the explosive rise of passive crypto investing, staking platforms have emerged.

Investors may stake proof-of-stake (PoS) coins when using the Pyramid platform. One of the highest ambitions of the team is to offer this system even to traders with little expertise on the matter.

Pyramid will take a part of your staking rewards, leaving the rest of the cryptocurrencies to your wallet.

In addition to staking, Pyramid will allow users to participate in yield farming. Using this feature, investors may earn additional $PYRA rewards.

$PYRA Token

There will be a supply of 1 billion tokens for the project, launched on the Binance Smart Chain system.

The project’s team will distribute the total supply in the following manner:

  • In order to support the advisory and development teams, 8 percent of the tokens will go to them.
  • Pyramid aims to place 8% of its $PYRA tokens in a liquidity pool for internal use.
  • The team will distribute 0.5 percent of the tokens via airdrop, as is standard practice in the industry.
  • Half of the tokens were set aside for farming and staking operations.
  • Two percent of the tokens will feed an internal liquidity reserve fund, much like other DAOs.
  • One-fifth of the tokens (21.5% of the total) will go to investors.

Project’s Roadmap

The team is following a quarterly roadmap, as we sum up below:

Q4 2021

Last year the team designed the whole Pyramid concept and built its team while completing the tokenomics and the whitepaper. The project’s website is online, and the developers are currently working to bring more features to the portal.

Q1 2022

The first quarter of 2022 featured several milestones, such as the smart contract audit and the beginning of the online marketing campaigns.

Q2 2022

The second quarter of the year will see the project enter its hottest phase, with several funding rounds (seed, private, and IDO). By June, we should be able to find the $PYRA token on CoinGecko and CoinMarketCap.

Furthermore, the developers will be able to launch the staking platform, and the portal will have multichain compatibility.

Q3 2022

By the end of the third quarter, the team will have developed most of its NFT features. The website will have an internal NFT marketplace, allowing NFT staking. Another significant milestone will be listing the $PYRA token on CEX platforms.

Q4 2022

The team ambitiously sees as feasible the launch of a small Play-to-Earn (P2E) game on its portal. We should see a total redesign of the products composing Pyramid’s ecosystem by the end of the year.

Final Thoughts 

Pyramid is a new project wishing to bring several new products to the blockchain industry. The team’s ultimate ambition is to speed up the process of crypto mass adoption, and we will see how Pyramid will fare in this context.

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Everyone wishing to keep in touch with Pyramid can join the project’s website and Telegram channel.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurrencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More

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