Campfire is a hyper-deflationary token that benefits you with tangible rewards. Tokenomics that simply reward itself within its self-same reflections become useless in scenarios where volume and market-cap are less than desirable: inherently damaging the project. Simply hold Campfire, and every 60 minutes you will receive reflections in both BNB and Ethereum. The BNB will increase in value and can be staked for passive income. The Ethereum will solidify this concept with an additional pool of revenue for users. Passive income or even Bonfire can be staked in the future to receive passive Ethereum and a THIRD token, depending on the pool. We hope that this satisfies your needs as a holder. We have catered to each requirement by providing great reflections, hourly auto compounding, passive income in stable platforms, and a gateway into two great projects, one which has the potential to 3x-5x and the other which the potential to 100x.
The logic behind the token rewards system:
80% BNB Rewards
Currently, BNB’s token price is hovering around the $500 mark, though professional analysts predict that it can increase by as much as $800 by the end of the year, and potentially as much as $2,000 (x5) in foreseeable future due to its status as the dominant decentralized exchange. For Campfire, BNB is an excellent host project to align ourselves with. Our users can stake their BNB and gain high passive income from today whilst seeing the value of their BNB grow rapidly by the day. With a respectable market cap and a considerable stake in the token, rewards will be substantial.
Ethereum is known as the Silver Standard in the industry for a reason. Because Ethereum effectively remains a separate independent asset that is extremely reliable; ETH was chosen to help produce an additional layer of income security. Additionally, boost pools which allow their users to both receive reflections of Ethereum and other non-native tokens, tax-free are both incredible.