Topic: 🔥🔥[ANN] (ICE) Iceburg Finance - DeFi Yield farming Ecosystem.🔥🔥 (Read 250 times)

The bounty was not paused, it's concluded. You can see their end date was on 20th, spanning for only two weeks. Although... with current situation they have, I don't think the payment will worth something

Maybe, since they also paused their bounty hunter to do work by locking the thread. He's active recently, so i guess he still aware about this thread. Let's hope the owner didn't getting ran out of idea by putting this project on a temporary halt.

Looks like this project is took a pause or something cos I don't see any changes recently. Also no news or additions. Maybe project team has some plan but I don't get it for now

Nope, the whitepaper and other details are not available on your telegram channel either. And the "about" page in your website is... lacking of essential things about you. So, where can we find details about your project?

Usually it's normal when farming projects don't have many news as the idea basically just keep their tokens. Here also automated DeFi farming realised. But still I think new features and news should be posted such as people can see it without problems

What was just happened to your campaign? the thread is locked. Did you decide to make this project clearly visible and understanding by people first? because I see you're in such hurry, so much important information that did not shown up.

This is really recommended thing to do.

Why not publish your important documents in your website? In that way, people can always go to your site and read it. Because not all people here want to join every telegram that they are invited of, as it is really hard to keep up especially if you have so many channels that you are following with. Better publish your docs on your website, if possible. Thanks.

Please join our telegram ...

Iceburg want to create a user-friendly DeFi experience and add a new layer of features available. But would be good to see whitepaper and read some info from the technical point of view, not only the main points

project success depends upon token distribution ...

What I worry about DeFi project is the lifespan of their platform. Most of them are just riding the current hype. How can they give assurance to investors that they can keep their platform alive for long. Yield farming is only good if they have active users. And right now, we can't see much from their website. We don't know if they have capability to run this project or just like all other DeFis, which are still in beta stage?

Share Whitepaper so people can read details about the project and write an article. Most of the details are missing in the Announcement thread. Good Luck

More updates will come soon ...

Iceburg is a deflationary yield farming protocol that promotes a vibrant community led ecosystem. The mission of iceburg finance is to create a user-friendly DeFi experience and add a new layer of features available. Users of our platform will experience zero-stress with automated DeFi farming for as long as they keep their ICE frozen. We keep it simple and honest alongside aiming to be a guiding hand in allowing developers to build on top of our work.
Iceburg is inspired by SushiSwap smart contracts. The codes have been modified and adjusted to suit better growth of the community, with functionalities like max supply and deflationaries are added. Iceburg Finance has no premined dev fund, so a Chef Nomi type rug pull is not possible. Furthermore, 100% of the initial liquidity provided (by dev team) on Uniswap will be locked for One Year using Unicrypt. The pool is designed to incentivize farming by providing liquidity for UNI-V2-LP on ICE-ETH pair.


Keep your ICE frozen to get more ICE. Don’t let it melt.
 

How Iceburg Improves Upon Sushi’s Fundamental Flaws

While Sushi contract is a groundbreaking protocol, it does have a few flaws. The thesis behind Iceburg is not to be simply a Sushi clone, but a fork with added improvements on top of the base-layer protocol.


Premine Distribution

Our premine is planned to be distributed fairly enough with no one holding too much of the initial supply. With that, the price manipulation is not possible by one holder. Also there are no reserved funds for the dev team from the premine, so no dumps by dev team is possible (as seen in few earlier Sushi clones). In addition, some premined tokens are reserved to be freely distributed among the community as bounty and airdrops.


Max Supply

Unlike SushiSwap, Iceburg finance has a maximum supply limit of 10,000 ICE tokens which can ever be generated. This is a hard coded limit and cannot be altered during the lifetime of the project.


Block Rewards

The block rewards are pre-calculated and predetermined to be deflationary in nature. This is to help price stability and growth. Unlike SushiSwap, where the initial block rewards were too high to produce lots of tokens at early stage, we have removed the bonus block reward feature from SushiSwap and replaced it with much more robust deflationary block reward algorithm where the block rewards will be decreased by 5% on a weekly basis. This reward structure is more suitable to provide high initial APY without minting too many tokens at early stage.


Locked Liquidity

While listing on Uniswap, the dev team will provide initial liquidity on the pool and lock it all for one year using Unicrypt. So unlike SushiSwap, no rug pulls will be possible. So the investors can confidently invest in this project without any fear of bad actors.


Glacier Ownership

Iceburg Finance ownership has been transferred to Glacier contract, so the dev cannot mint any tokens in the future. More about Glacier can be found below.



Iceburg Finance Special Terms


ICE : This is the symbol/ticker for the Iceburg Finance Token. Its also most commonly used short hand for Iceburg Finance.

Freeze : Freezing means staking ICE-ETH UNI-V2 LP on our platform. This way your ICE remains frozen and generates more ICE for you. You’ll get ICE as reward for freezing, which can be claimed anytime you want with absolutely no lock outs.

Freezer : Freezer is the app on our platform where your ICE remains frozen and generates more ICE for you.

Melt : The process of conversion from ICE to ETH is called Melting.

Glacier : Glacier is the owner of ICE Token and the store house for ICE-ETH UNI-V2 LP. It generates ICE as freezing rewards and distribute to respective users. It also keeps track of all pools, users and freezers.




Tokenomics

Token Name = iceburg.finance
Token Symbol = ICE
Token Type = Ethereum ERC20
Total Supply = 10,000 ICE
Premine = 2,200 ICE
Rewards 60 ICE/day decreasing by 5% weekly



Premine Distribution

Presale = 1800 ICE
Uniswap Listing = 240 ICE (with liquidity locked for one year)
Bounties+Airdrop+Marketing = 160 ICE



Dev Fund

Funds for dev team are allocated in such a manner that the team can be constantly reminded to work hard for the success of the project. Dev Team will have no tokens allocated from premine. Instead, they will get a 4% cut from future block rewards. So, no need to worry about dumps and price manipulation. Dev funds will help in project growth and sustainable development because of the way the reward system is designed.



Official Links

Website : https://iceburg.finance/
Telegram : https://t.me/iceburgfinance
Twitter : https://twitter.com/iceburgfinance
Medium : https://iceburgfinance.medium.com/