CryptoToday

CryptoToday

TBA
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Decentralized Crypto Data Research and Listing Platform
5.1
TOTAL SCORE
3.5
ICO PROFILE

(weight: 45%)

7
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Dates: TBA
Token info
Ticker: LIST
Platform: Binance Chain
Dominik Zrinusic
CEO
Participates in a number of projects
Tin Saric
COO
Participates in a number of projects
Mislav Combaj
CMO
Participates in a number of projects

Advisors (0)

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ICO List
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INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.
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