Introduction to Pacific DeFi
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Pacific DeFi provides secure yield enhancement products for stablecoins and altcoins, offering users the ability to earn high risk-adjusted returns.
The product suite includes single-token yield-enhancement stablecoin and non-stablecoin vaults, lending & borrowing, and leveraged vaults.
To provide the products above, Pacific DeFi will offer a universally usable wallet, token bridge platform, and interoperability across different blockchain networks.
Pacific DeFi will also partner with reputable security firms and DeFi protocols operating in similar niches to ensure the longevity, scalability, and security of the platform.
At the start, a total of 20% (20,000,000 $PACIFIC tokens) of Pacific DeFi’s token supply will be released to the general public via an Initial DEX Offering (IDO) on KCCPad.
An additional 5% (5,000,000 $PACIFIC tokens) of tokens will be used to conduct a private sale for select investors.
Both the IDO and private sale allocations have quick vesting schedules, with the IDO allocation fully unlocked 4 weeks after the IDO date.
At Phase I of the launch, Pacific DeFi will focus on unlocking 30% of the tokens to supply rewards to liquidity providers (LPs) by distributing 30,000,000 $PACIFIC tokens out of a total of 100,000,000 $PACIFIC tokens, over 1-year via staking and farming.
Staking and farming will begin on the Pacific DeFi platform, and later expand via partnerships with DeFi protocols within the BSC and Polygon networks.
The goal of Pacific DeFi is to become a blockchain agnostic project. This means operating on the BSC initially, while bridging out to Polygon.
Once the minting process is complete, Pacific DeFi aims to create a long-lasting ecosystem of revenue-generating activities.
These activities include the following:
● Trading: Revenue generation through trading fees when users swap tokens on the platform
● High-Yield Vaults: Earn high-yields on popular crypto assets (e.g. BNB, BTCB, ETH, CAKE etc.) via Pacific DeFi's vaults
● Staking & Farming: Stake and farm $PACIFIC tokens to receive rewards in $PACIFIC during the minting period of 1-year
● Lending: Earn high-yields via lending out popular cryptos to the High-Yield Vault participants. This enables the High-Yield Vaults to magnify returns by leveraging lender funds
● Stablecoin Yield Vaults: Vaults that generate yield on BUSD, USDT, USDC and DAI. These vaults rely on vault aggregation strategies to generate yield, creating a diversified fixed-income product
