THOREUM — World First Liquidity Mining Coin with Static Rewards

Thoreum Capital
5 min readJun 11, 2021

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THOREUM is World First Liquidity Mining Coin with Static Rewards. Better than Safemoon and other meme coins, Thoreum has many innovative features that help users earn & win bigger.

Limited Supply With Liquidity Mining

THOREUM is a limited supply coin with many utilities, hard capped at 5 Billions total supply, with 2.5 Billions burned at the start.

Unlike Safemoon and other meme tokens that all supply can be bought on the market, THOREUM is a coin like BTC, ETH… with initial supply of just 500 millions, so investors need to mine to get the rest 2 Billions THOREUM coins.

To mine THORERUM with an environment friendly method, unlike BTC and many others that are using too much power to mine, THOREUM is using “Liquidity Mining” instead: a user can mine THOREUM by staking other coins such as BNB, BUSD, ETH… or by staking liquidity pairs such as BNB-BTCB, BNB-ETH…

The mining process will happen in about 65–90 days, after all 2.5 Billions THOREUM is mined, no more coin for liquidity mining and people need to buy to own THOREUM.

Automatic Rewards to Holders

When THOREUM is transferring, a 10% tax fee is taxed with each transaction. Of which, 8% is redistributed to existing THOREUM holders. Those who decide to hold their THOREUM are rewarded from those who sell, so this mechanism encourage holders and discourage pump and dump traders. Holders are incentivized to hold their coin because their holding will increase over time. And even if THOREUM investors take no action, they still collect additional THOREUM just by holding it.

Double Staking Rewards

THOREUM is the first token of its kind to offer double staking rewards using our special “Thunder Boost” pools: Place your THOREUM in one of our “Thunder Boost” earning pools to earn 3rd-party tokens such as BNB, BUSD, CERBERUS… Even now THOREUM is not in your wallet you still continuing to collect your automatic holding rewards as if the coin is still in your wallet, plus you continue to earn the staking rewards in Thunder Boost pools.

Fee-free 3rd party Farming Rewards

Unlike Safemoon and other coins of its type, THOREUM is the first reflective token that you can farm in other yield farms tax-free using our special “Thunder Friend” mechanism. We are partnering with reputable farms that known for their safe, non-rug pull environment, so you can stake THOREUM and earn their tokens without paying 10% deposit/withdraw/harvest tx fee like Safemoon and other reflective tokens.

Automated Burning using Reflective Tokenomics

THOREUM uses a reflective tokenomics to burn coins. In each THOREUM transaction, a 8% fee is redistributed to existing holders, including the Dead address (Burning address). We burnt more than 50% of the total supply after launch and sent it to the Burning address; and the Dead address is the biggest holder of THOREUM (80% at start). So a 6.4% each transaction will be send to Dead address to be burned. The whole process is automatic.

As this address continue to participates, it accumulates more tokens, thereby effectively removing them from circulation. There is no limit to the burn, the Burning address will keep growing, increasing the scarcity of THOREUM.

Automatic Liquidity

There is a 10% transfer tax on each transaction, the 2% transfer tax will be added to the THOREUM-BNB liquidity pool through the contract automatically. Every time the total of this transfer tax exceed 50,000 THOREUM the contract will automatically sell 25,000 THOREUM for BNB and adding liquidity to Pancakeswap THOREUM-BNB pool. This number (50,000) can be changed depend on the price of THOREUM.

This liquidity will be locked in the farm, raising the price floor every time a transaction be made. It is very beneficial for long term because it keep price level of THOREUM and raises it over time.

Before we launch our own AMM dex, the liquidity will be added on PancakeSwap, after we launch our own AMM dex, the liquidity will be moved to our own AMM dex and locked there. In between the liquidity will be locked in the farm and used to generate project liquidity fund.

Harvest Lockup

Harvest lockup is a unique and creative farming rewards lockup mechanism . This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dump.

For example, the harvest lockup of the THOREUM-BUSD farm is 6 hours. It means that farmers who stake in the THOREUM-BUSD farm can only harvest (claim their rewards from farming) every 6 hours.

You can check the harvest lockup on each farm card.‌

To clarify, the harvest lockup only locks users’ farming rewards. The tokens and LP tokens staked in farms can be withdrawn anytime.

Deposit Fee Redistribution via Thunder Farm

A 4% deposit fee will be charged when users enter staking non-native pools on Thoreum, we plan to use 50% of the deposit fee to create Thunder farm, where user deposit THOREUM to earn BNB and BUSD and other precious tokens. This provide instead of the waste buyback mechanism. Other 50% will go to project funds for marketing, devs, servers cost, etc.

Referral Program‌

An on-chain referral program has been implemented to incentivize users to invite friends to join the farming. Inviters can earn 5% of his/her friends’ earnings forever. Our referral program lets users earn THOREUM without depositing any tokens

  1. Visit https://Thoreum.finance/referrals​ program page
  2. Unlock your wallet to get your unique referral link
  3. Share your referral link with your friends
  4. When your friends connect wallet, a cookie will be recorded in his browser that he is referred by you
  5. When your friends *USE THE SAME BROWSER* to deposit the first time, your wallet will be recorded in the system.
  6. Every time your friends harvest rewards from farms, you will receive referral commissions send to your wallet automatically
  7. The current referral commission rate is 5%

When will I receive my Referral Reward?

You will automatically receive a THOREUM’s reward in your wallet whenever the referred user Harvests / Withdraws from our Farms and/or Pools.

Will I lose % of my income to the referrer because of using his referral link?

No! The contract will automatically mint this % anew and send it to referrer wallet. So you and him earn together, you don’t lose anything from your harvested rewards.

No Migrator Code‌

The migrator code has been removed from the MasterChef contract.

Review the MasterChef contract on BscScan: (to be announced)

We have removed the following migrator code from our contract. You can see the following code is still present in Pancakeswap’s contract and Github.

Link: https://github.com/pancakeswap/pancake-farm/blob/master/contracts/MasterChef.sol

Timelock‌

Timelock has been added to the MasterChef contract before launch.

Timelock address: (to be announced)

Delay: 8 hours.

Transfer of ownership to Timelock will happen before farming start

Masterchef ownership transferred to timelock: (to be announced)

Official references and All things about Thoreum

⚡️Website: https://Thoreum.Finance/

⚡️Document: https://docs.Thoreum.Finance

⚡️Telegram Ann: https://t.me/ThoreumOfficialChannel

⚡️Telegram Official Group: https://t.me/ThoreumOfficialGroup

⚡️Twitter: https://twitter.com/GoCerberusFi

⚡️Medium: https://thoreum-finance.medium.com/

⚡️Facebook: (to be announced)

⚡️Youtube: https://www.youtube.com/channel/UCRL74rVaNtGImhZbZCG0CDg

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Thoreum Capital
Thoreum Capital

Written by Thoreum Capital

The first AI auto-balances top assets for potential gain maximization and time savings. Hyper deflationary 1% daily burn,limited supply https://thoreum.capital/

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