SRCX THE AUTOMATED DEFI PROTOCOL
Automate your participation in DeFi lending markets. Earn rewards by-the-block.
SRCX is a self-sustaining, deflationary and automatic DeFi-yield participation protocol built on Binance Smart Chain. The concept and functions have been in development since 2017.
1. Dynamic Compound Reflection
2. Static Reflection
3. Continuous Value Backing
4. Automatic Liquidity Pool Acquisition
5. Deflationary Burn Mechanism
Dynamic Compound Reflection (DCR)
3% of every transaction is automatically sent to the SRCX - backed Dynamic Compound Liquidity Pool (DCLP)
DCLP is automatically positioned into the most risk-averse and highest APY Blue Chip cryptos and stablecoins (USDT, USDC, DAI, MAI, etc)
50% of the earned rewards in the DCLP are re-compounded back into the DCLP and 50% are distributed to all Source holders monthly, creating a valuable and effective self-funding mechanism
3% Static Reflection Rewards
In addition to DCR, 3% of all transactions are automatically earned by all SRCX holders by the block
The more weight you have in SRCX, and the longer you HODL, the more you earn
With Static Reflection Rewards, combined with the DCR Rewards, SRCX is designed to outperform standard liquidity token protocols
Continuous Value Backing
SRCX's Dynamic Compound Liquidity Pool (DCLP) holds and compounds a variety of blue chip crypto assets and stable coins, which continuously backs the Source marketplace and tokens within it
The pool grows with 3% of every transaction that occurs on SRCX
Users that are in smart contract lending positions within the Source Marketplace also provide an additional layer of backing
Automatic Liquidity Acquisition
4% of every transaction contributes toward automatically generating liquidity on Pancake Swap (Locked)
This enables automatic market maker transactions to occur and builds a price floor for the benefit of all SRCX hodlers
Deflationary Burn Mechanism
The Source burn wallet is the largest HODLer of Source’s circulating supply
This allows it to receive the largest weight of the 3% Static Reflection Rewards, creating an effective deflationary mechanism
These burned coins are gone forever as the burn wallet has no private keys
This is the fuel behind SRCX and its driving force for self-sustainability.
4% Automatic Liquidity Acquisition (builds price floor)
3% Static Reflection to holders
3% Dynamic Compound Reflection to holders
As transaction volume increases, the 10% fee will be reduced at certain milestones to incentivize even greater volume.
AUTOMATED DEFI EARNING STARTS
Source Protocol's development combines the most powerful DeFi mechanisms within one solution.
SRCX bridges value to Source Marketplace, a decentralized, value-backed platform for borrowing, lending and earning.
Collateralize your SRCX in Source Marketplace along with other blue chip crypto assets such as Bitcoin, Ethereum, Ripple, Cardano, Polkadot, BNB, and various stablecoins. These assets all support the backing of Source's native stablecoin, USX.
Lend and borrow against your collateralized assets and earn APY, or mint USX by the block within the marketplace.
Source Marketplace will allow access to instant, on-demand liquidity.
How to buy SRCX
Download Trust Wallet app
Purchase BNB or BSC
Go to the DApps tab at the bottom, and find PancakeSwap. Iphone users may need to enable the trust browser, then use the browser tab. You can also click the HERE if you’re not on mobile.
Click “Select a currency” and enter the below contract address into the search field, and you should see SRCX pop up.
Set slippage to 11%. You can go higher if needed.
Swap BNB for SRCX
Click on the Dapps menu below in your Trust wallet App and select Pancake Swap
Go to exchange option in Pancake swap and enter coins and values to be swapped
Earning passive rewards has never been easier.
Automate your participation in DeFi yield markets and earn network rewards by-the-block with SRCX. Designed to give you all of DeFi's benefits in one token.