TriexDev is the founder of the SpaceWorm crypto project, a hyper-deflationary black hole experiment on a mission to disrupt the DeFi omniverse.
United States - October 6, 2022 —
People in the DeFi space look for quick flips and short-term “degen” gains, often going for hype, or solely tokenomics-based projects first, and overlooking those with more serious players or plans behind them.
This is common because the risk behind the pump & dump hype of short-term or “meme coin” projects is more exciting than HODLing and making real, sustained gains.
Sustainability is what separates a project from being just a meme coin from something worth investing in. Enter SpaceWorm, which brings revolutionary tokenomics to the landscape, without the difficult-to-understand messaging and promises many projects rely on to draw attention and build hype.
“$WORM is about real, sustainable growth. This project is for people who want to move beyond false hype. At every stage we are being transparent, to make things as easy for the community to understand as possible,” said the spokesperson for SpaceWorm
“The team behind SpaceWorm brings a vast network of DeFi knowledge, finance, and tech connections, and business experience to the technology and strategy of the $WORM ecosystem,” they added.
The lead developer, @TriexDev, has already started working on an early version of the Wormhub.app. Wormhub is the forthcoming $WORM token dashboard, as well as a collection of DeFi & Crypto Tools.
What separates the SpaceWorm token from thousands of contemporary alternatives is the “true obliteration” method for burns. While the majority of projects send tokens to “dead” wallets, SpaceWorms contract uses a way to eliminate tokens from existence and token supply, as well as ‘directly injecting liquidity’ automatically on every single transaction.
This creates a unique synergy where the supply over time is drying up, with the liquidity padding increasing on each buy and sell, thus creating sustainability and longevity for the project. As utility starts to release within the project, the $WORM tokens will become more and more scarce, proving to be a successful store of value and a reliable asset to hedge against inflation whilst offering unique features and benefits to the holders of the project.
By deploying a direct liquidity injection mechanism alongside a more significant burn, the $WORMs token mechanism creates a pump factor & mitigates experienced dumps while thriving in a hyper-deflationary environment. As the scarcity skyrockets, the downsides of injecting only the token to liquidity are circumvented.
The key to this project is transparency and ease. All innovations are prone to replication, but SpaceWorm’s team is not concerned about forks or copies. In this space, some projects obfuscate or confuse info to generate hype, or prevent others from imitating it.
SpaceWorm is all about supporting open and clear information. People interested in deeper details can read more from the @SpaceWormETH medium, or keep up to date on the Telegram channel.
“We’re building a community of people from across the globe, with more joining every day. These are people attracted by the revolutionary ideas and flamboyant aesthetic of SpaceWorm,” said a supporter from the community.
More information about SpaceWorm is available on SpaceWorm.army.
Contact Info:
Name: SpaceWorm PR Team
Email: Send Email
Organization: SpaceWorm
Address: United States
Website: https://t.me/SpaceWormPortal
Release ID: 89082656
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