The VLR is a decentralized platform that uses smart contracts

in #valerstudios2 years ago

10.jpg

The VLR is a value-based exchange and transaction platform facilitated by the Valorem Foundation. The VLR is an ERC-20 token used to fund transactions. This enables users to buy, sell, and invest in a global marketplace. Any transaction that occurs on the platform can be attributed to a single transaction. A single VLR token can be used to finance any future transaction. The VLR is a digital currency that is created through smart contracts and is operated by a non-profit organization. It uses the Ethereum and Polygon blockchains and implements smart contracts. This platform can be used for a variety of purposes and is free of charge. Its users can send and receive tokens and use them to purchase goods and services. This platform is designed for people to trade digital assets such as stocks and bonds without worrying about exchange rates.

The VLR is a platform for users to trade in cryptocurrencies, such as Bitcoin and Ethereum

The platform uses the Polygon and Ethereum blockchains to create smart contracts and decentralized applications. By using the VLR, users can trade in a range of different currencies. By using the platform, you can transfer your tokens to any country in the world. This means that you can exchange your tokens for a variety of currencies without ever having to deal with a third party.If you are purchasing goods and services from a platform, you should be aware of the legalities and restrictions of the transaction. Unless it explicitly states that it will be tax-free, the Valorem Foundation has no obligation to do so. However, if you are selling a product or service that you don't intend to resell, the VLR will be the one to contact.Smart contracts are the most important element of any cryptocurrency. A smart contract is a code that can execute a specific process when triggered by an authorized event. The VLR has a rich instruction set and is flexible, meaning it can be used to store any type of cryptoasset. A smart contract can also take on the role of a custodian or a manager.

7.jpg

Enterprise Rewards

Entry/Exit Fees Staking functions are almost identical to the VLR staking protocol, but utilize a single token for staking inputs and reward outputs. While the VLR staking protocol might include any of the E-VLR tokens in their basket of rewards, these staking pools offer greater rewards for a more direct commitment. At present, reward distribution terms have been negotiated by Valer Studios and the initial group of enterprise participants. As our community grows, a DAO infrastructure will define these terms.

Entry/Exit Fees

Unlike VLR staking fees, each individual enterprise has the ability to choose fee levels within their unique staking contracts. These fees are paid upon both entry and exit. They include:
● Staking fees which are distributed upon exit
● Charity fee is sent to an address whose funds are distributed according to the wishes of a DAO
● Burn fee helps create a deflationary environment for E-VLR tokens

The VLR is a decentralized platform using smart contracts

Smart contracts are simple statements that follow an "if/when...then" pattern. These contracts are written in a blockchain. When predetermined conditions are met, the smart contract can perform actions, such as releasing funds or issuing tickets. All these actions are recorded on the blockchain, making it impossible to modify the VLR. This means that only the parties with permission can view and use the VLR.Smart contracts can protect a project from security risks. They can prevent fraud by making transactions with only one person. The VLR uses smart contracts to protect assets. As a decentralized platform, it eliminates the need for a centralized platform. Its use of a standardized protocol helps mitigate risk and reduce costs. The VLR also has multiple benefits. A single, smart contract can be implemented to ensure compliance with strict regulations.

3.jpg

The VLR is a decentralized platform using smart contracts

The system guarantees that the data stored in an Account will be consumed by participating enterprise nodes. Unlike the traditional financial system, smart contracts do not require a central authority. This way, they are more secure and safe. For example, if your account is hacked, the VLR will try to recover the lost funds. Tokens can be exchanged among participants. The VLR tokens can be used in a variety of applications. It can be used for online payment services or to make payments between users. The VLR is a digital asset that can be used by anyone. The Valorem Foundation, Inc. ("VLR") Token Platform" is an open source protocol that is based on blockchain technology.

● For More Information


Website: https://valerstudios.io/
Twitter: https://twitter.com/valerstudios
Telegram: https://t.me/valerstudios
Instagram: https://www.instagram.com/valerstudios_dao/
Facebook: https://m.facebook.com/valerstudios

● Creator


Forum Username: LedrookETH
Forum Profile Link: https://bitcointalk.org/index.php?
action=profile;u=2119427;sa=summary

Telegram Username:@LedrookETH21
BSC Wallet Address:0x67EaE6Bd6d508a968915b6dE822f8FCfB0F8f1B5

● Hashtags: #valerstudios #VLR #blockchain #cryptocurrency #technology #bitcoin #money #crypto #Binance #BNB #cryptocurrencies #fintech

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.029
BTC 57328.77
ETH 3111.24
USDT 1.00
SBD 2.42