Pension Token (PENSION)

“Pension Tokens concept was created between February and September 2022 by OB, Moon Avenger & Unsphere. Contract was written by Sir Tris. 

After watching trending high APY yield compound protocols for several months, the Pension Team analyzed all of their weaknesses and began to develop a completely new protocol to erase all of those issues.

While creating a completely new contract environment from scratch our main purpose was laid on a thing those projects try to maintain, but never achieved: 

Providing passive income for the long term

To achieve this Pension Token Protocol is divided into two individual smart contracts:

On one hand the casual “Pention Token” providing an auto compound APY of 137,740.82% which is automatically being applied while holding the token.

On the other hand the newly designed “Pension Bank” which provides 2% daily of BUSD rewards to holders. Using our special dApp users can freely allocate token between those two contracts on a slider interface and change plans according to their individual needs and preferences.

Saying a project is sustainable is one thing, creating a sustainable project is something different. To maintain sustainability even when users cash out their token and take profit, we created the special “emergency exit” which is also being triggered using the dApp.

There are some restrictions in place that prevent users from manipulating the system and chart and helping the project to grow exponentially over time without being affected by users leaving.

1. Transfers between wallets are not possible to prevent token splitting and avoiding the “emergency exit” in its designated functionality.

2. Selling is ONLY possible using the dApps emergency exit. This sells 100% of token allocated to both plans, collects outstanding rewards and triggers a 45% buyback in same block of sell transaction.”