🚀Vision for Inception

Background and Context

Over the past 2 years, the DeFi cryptocurrency space on the BSC chain has been denominated by reflection / reward tokens that distribute tokens to holders based on trading volumes. Participants have also become obsessed with staking or farming protocols, where insanely high APY’s (Annual Percentage Yields) can be generated in native tokens. Within current market conditions and for the foreseeable future, the effectiveness of these strategies has been decimated, with trading volumes in micro-cap altcoins teetering around all-time lows and high-yield staking protocols flooding markets with supply, whilst failing to support this with adequate levels of demand.

In response to these industry challenges, many projects pursue the development of revenue-generating utilities, whereby a proportion of the revenue can inject liquidity back into the ecosystem. However, the key component for revenue generation is once again participation levels and therefore the majority fall back into the same vicious whirlwind that this market cycle has created. Despite many good intentions, the truth of the matter is that creating a sustainable revenue model in such times is rare and extremely difficult, especially when the source of revenue-generation is from market participants (whereby liquidity is currently very low).

Nevertheless, recent relief rallies and ‘meme-coin’ stories do demonstrate that liquidity does still exist in the crypto space and therefore presents an opportunity for those projects that are able to capitalise upon this. The past 2 years have proven that investors within the DeFi space are also extremely keen to hold reward tokens that offer the benefit of ‘passive income’, which is where a lot of the industry liquidity is flowing into, once a project can substantiate real returns.

To summarise the ideal situation, participants aspire to purchase and hold tokens that generate frequent, consistent rewards with strong yields, paid in independent tokens (rather than native tokens) to prevent flooding of the market. Furthermore, there is a real aim to de-couple their portfolios from the overall market trends, which is crucial in such turmoil times, although is currently difficult to obtain for the average participant.

Project Introduction

On the basis of the factors presented above, Profit Engine has emerged to provide holders of the $FUEL token what cryptocurrency participants desire the most. The token offers the following features to its holders:

- ‘Copy-trading’ Rewards

- Compounding Rewards and Reserve Pool

- Rewards paid in Industry Standard Stablecoins

- Zero-Tax Token