Master Key PoRTAL
A qualified Buyer must be a Holder of $MKF (min 10,000) tokens to enter the Master Key PoRTAL.
Portal will provide the Binance Smart Chain with the very first Peer-to-peer trading platform of its kind. The portal will give opportunities to stake selected tokens via BSC-pegged for the long term both safe and secure with its unique concept of a none LP trading tequne that the PoRTAL provides.
Buyers will be able to browse listed tokens/coins offered or utilize the search function for a specific interest. The asking price/amount and the Soft Staking bounty total (which will increase daily) will be shown for all coins/tokens listed. When a buyer agrees to an asking price/amount traded, the low $1 (paid in BNB) exit fee will be assessed, and tokens released from the PoRTAL along with the awarded bounty of $MKF tokens earned during the soft staking. The Buyer will have the option to re-list the tokens purchased to minimize taxation of the listed token/coins contract requirements before transfer. If this option is chosen the $1 transactional fee will still occur and the $MKF tokens will be transferred to the buyer, but an additional $1 transaction fee will not be assessed to re-list the token/ coin.
The amount paid along with the Soft Staking $MKF tokens earned will be released to the listing user after the successful connection of the wallet used to post the listing and selecting the claim function.
The Portal described offers a unique approach to trading on the Binance Smart Chain (BSC) by combining peer-to-peer (P2P) trading with a staking mechanism and a distinct fee structure. Here's a breakdown of how it works and the benefits it provides:
Key Features and Workflow
Key Features and Workflow
Peer-to-Peer Trading Platform:
Unique Concept: The Portal introduces a novel way of trading that doesn’t rely on traditional liquidity pools (LPs). Instead, it facilitates direct transactions between buyers and sellers.
Listed Tokens/Coin: Users can browse or search for specific tokens/coins listed on the platform. Each listing shows the asking price/amount and a Soft Staking bounty total.
Soft Staking and Bounty:
Soft Staking: When tokens are listed, they are staked in a manner that earns additional $MKF tokens over time.
Bounty: The Soft Staking bounty increases daily, adding an incentive for buyers to purchase listed tokens as they accumulate rewards.
Transaction Fees:
Buy Transaction: When a buyer agrees to the price, they pay a $1 exit fee (in BNB). This fee is minimal compared to typical trading fees.
Re-listing Option: After purchase, buyers can choose to re-list the tokens to minimize potential taxation issues associated with the token’s contract requirements.
Fee Structure: If tokens are re-listed, another $1 transaction fee applies, but the buyer does not incur an additional fee for re-listing beyond this. The $MKF tokens earned during the soft staking are still transferred to the buyer.
Claiming and Releasing Funds:
For Buyers: Once the purchase is complete, the buyer can claim their $MKF tokens and the purchased tokens are released from the Portal.
For Sellers: The listing user receives the payment (minus fees) and the Soft Staking $MKF tokens after successfully connecting their wallet and claiming their funds.
Benefits of the Portal
Benefits of the Portal
Reduced Trading Fees: The low $1 fee for both buying and re-listing transactions is significantly lower than typical trading fees on centralized exchanges.
Incentive Through Soft Staking: The opportunity to earn additional $MKF tokens through staking provides an extra incentive for both buyers and sellers.
Enhanced Security: As transactions occur directly between users without relying on traditional liquidity pools, the risk associated with liquidity pool impermanent loss is mitigated.
Flexibility in Listing: Buyers can re-list tokens to address taxation concerns, which provides flexibility and potential tax advantages.
Potential Considerations
Potential Considerations
Adoption and Liquidity: Since it’s a new concept, the success of the Portal depends on user adoption and liquidity. A robust user base is necessary to ensure that trades and listings are efficiently executed.
Staking Mechanism Details: The specifics of how the Soft Staking bounty accumulates and the details of $MKF token distribution would need to be clear to users to ensure transparency and trust.
Regulatory Compliance: Depending on the jurisdiction, the platform must ensure compliance with local regulations, especially regarding the issuance and trading of tokens.
Overall, the Portal offers an innovative trading model with low fees and staking rewards, aiming to provide a secure and flexible platform for trading BSC tokens.
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