The continued legitimization of digital currency and the wider acceptance of crypto as legal tender have spurred the global cryptocurrency market. There has been a marked increase in both the uptake of digital assets and the development of decentralized finance (DeFi) products.
DeFi is a blockchain-based form of finance that cuts out traditional intermediaries like banks, brokerages, and exchanges; instead, it uses smart contracts built on blockchains like Ethereum and Binance Smart Chain (BSC) to offer fiscal instruments.
We believe Binance native token — BNB is the next liquid gold, so we develop a system that produces and stacks up BNB every hour forever. COQ is a DeFi and Binance Coin (BNB) reflection token, incorporating an auto-claim feature and dynamic taxation and dividends. This means that, unlike other crypto assets in the market, the COQ community can vote on the tax and dividends of the COQ token. A BNB reflection token basically collects a fixed fee on every transaction and uses smart contracts to ‘reflect ’back a portion of those fees into the wallets of its holders. Our native $COQ token works on an autonomous, frictionless yield farming and liquidity generation protocol. Simply hold $COQ tokens in your wallet and earn passive income in BNB — Binance native & regulated coin.
With its innovative and ground-breaking token distribution strategy, COQ token is establishing a new standard in DeFi Tokenomics. We use dynamic taxation and dividends that will be fully controlled by the community. The community can decide to raise or lower the taxation and dividends based on several events like market sentiment, pool goals, etc.
COQ is intended to be held long-term to generate passive income and capital growth. Basically, COQ connects Auto-Trading System, DeFi Protocols and Dynamic Rates & Dividends — all in one place. Besides its BNB reward smart contract, $COQ is also powered by trading and DeFi protocols to produce BNB effectively.
To maximize yield generating efficiency, we’ll also use our Internal Auto Trading System (COQ-ATS), Staking & P2P Lending protocol (COQ-FARM), Exchange and Decentralized Exchange transactions (COQ-SWAP), balance management tools (COQView), NFT Marketplace, and more.
1.1.Learn Everything About COQ Project