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Soft Link (SLINK) is a new synthetic asset that aims to explore the effects of a novel price peg mechanism. Unlike traditional price pegs, which rely on fixed ratios, Soft Link achieves price stability by distributing supply changes proportionally among all balances. By maintaining the P*S constant and adjusting supply based on a target price, Soft Link aims to provide a unique approach to price stability in the crypto market. For more detailed information on the purpose and functionality of SLINK, interested individuals can refer to the project’s whitepaper for a comprehensive analysis.
As part of the SLINK ecosystem, users can participate in various programs and platforms. The Sergeyser liquidity mining program offers opportunities for individuals to earn rewards by contributing liquidity to the SLINK network. YIELD, a comprehensive yield farming suite, includes SLINK as a supported asset. Additionally, users can interact with the Orchestrator platform to call SLINK’s rebase function daily at specific times. These components form a vibrant SLINK community that facilitates engagement and participation in the project.
It is important to note that the information provided on the SLINK website should not be considered investment advice, financial advice, or trading advice. The SLINK team does not explicitly recommend buying, selling, or holding cryptocurrency. Users are advised to conduct their due diligence and ensure compliance with local laws and regulations before purchasing. By purchasing SLINK, users agree that they are not acquiring security or making an investment, hold the team harmless, and are not liable for any losses or taxes incurred. The SLINK team is presenting the token “as is” and is under no legal obligation to provide support or services.
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