Here's your suggested marketing pitch to potential LPs (note, LPs themselves can also earn referral fees, but you will an additional receive 1% on their Level 1 referrals only):
1. Suggested marketing headline: Earn Passive Income, While Saving Lives - as a Liquidity Provider (LP) for ETH/MEDCASH Pools on Uniswap V3.
2. MAKE MONEY AS AN LP: LP's make money off transaction fees (regardless of direction, whether a Buy or Sell transaction). As an LP, you decide what you fee is. You can set it as low as .3% on each transaction, or as high as 1%. You can withdraw your liquidity at any time. You can also set your price range within which the token should trade.
3. WHAT IS UNISWAP? Uniswap is a largest decentralized crypto exchange that runs on the Ethereum blockchain, with over USD $296 Billion traded and averaging over USD $1 billion in trades every 24H.
4. WHAT IS MEDCASH? Medcash is the token that is powers Medxchange.io, the world’s first blockchain enabled marketplace for the regulated medical devices and supply industry, with over $340 Billion annual sales globally. Medxchange aims to streamline this marketplace, so that much needed medical devices and supplies can get to where they are needed faster and cheaper. This will improve outcomes and save lives. It is especially critical during "Black Swan" events, such as COVID19, Sars, Mers, Bird Flu, and so may others, past and future.
5. Is the Medxchange Market yet open for business? While the Medxchange marketplace itself has not yet opened for business, we are doing OTC deals through an affiliate (this project is a spin-off from an established medical device company with 17 years in the industry). All these OTC deals will be moved to the platform and automated once we open the platform. Currently, the OTC deals are focused on wholesale trades of both critical and surplus supplies of COVID19 related goods (all regulated by FDA, CE, and country-specific medical and privacy regulations), as well as emergency medical goods, in about a dozen countries. Deal sizes range from as low as USD $10,000 to as high as USD $180 million.
5. HOW TO YOU GET STARTED? Fill out this form here: https://forms.gle/kFbMoiFuSNf2rYZc6.
You have to put an equal amount of ETH and MEDCASH into your pool. E.g. if you put in $5,000 in ETH, you have to put in $5,000 in MEDCASH. So your Pool will be $10,000 in total liquidity. Once you submit the form and pay for your MEDCASH tokens, you are ready to create your pool. The minimum pool size is USD $2,000 ($1,000 in ETH and $1,000 in MEDCASH). Then, you market your pool to friends, family, social networks etc. You will also receive referral fees if someone creates a pool and puts you down as the referral source. The referral fee is 3% of the pool size payable in MEDCASH, provided the pool stays up and at the same initial size or greater for at least 30 days. You cannot receive referral fees on your own pool.
6. Then, you market your pool to friends, family, social networks etc.
* To calculate the number of MEDCASH tokens to send you, we will use the last trade price *just before* the time stamp on the transaction hash for your incoming ETH transaction (to use as the exchange rate). We will use only the NET amount of the ETH received on our end, to do the calculation (i.e. does not include your gas fees sending to us). But, we will reciprocate: We will pay the gas fees to send your MEDCASH to your wallet.
FAQ:
1. Where can I find more info and program details?
https://medxchange.io/medcash/
2. What is slippage?
Your transaction will revert if the price changes unfavorably by more than this percentage.
3. What is Transaction deadline?
Your transaction will revert if it is pending for more than this long.
4. I have my ETH and my MEDCASH. Now where do I go to create my Pool?
The create your pool go here: https://app.uniswap.org/#/pool
5. Where to trade the ETH/MEDCASH pair?
https://app.uniswap.org/#/swap?inputCurrency=0x6652fa201b6bbbc0b5b0ad3f5702b2b9849cc830&outputCurrency=0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2
6. Where can I see the daily overall Uniswap stats?
https://info.uniswap.org/#/
7. I still need help. Who can I contact?
https://medxchange.io/contact/
Thank you. And good luck "doing well while doing good!"
