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In a sea of memecoins, TEA stands out by uniting tea lovers and the crypto neighborhood to help international sustainability and training by means of defi methods.
Memecoins are a dime a dozen within the crypto area, with new initiatives sprouting each few days. Amid this, genuinely well-thought initiatives with attention-grabbing concepts are few and much between. Nevertheless, one such undertaking has caught the eye of the trade — TEA.
TEA is a community-driven memecoin on Solana, that goals to unite tea lovers and the crypto neighborhood. The group behind the undertaking states that TEA is greater than only a token; it’s a motion to help international sustainability and training initiatives by means of good defi mechanics.
The TEA phenomenon has gained appreciable consideration, making a buzz throughout the neighborhood with its creative Communi-TEA, partaking Creativi-TEA, and impactful Chari-TEA initiatives. At this time, it has over 3 million customers and is quick rising, signifying curiosity from the area. Supposedly backed by actual tea barons, the undertaking helps ecological and academic applications in tea-growing areas, emphasizing tea’s unifying and stress-relieving qualities.
Overview
- Firm: TEA
- Token ticker: $TEA
- Blockchain: Solana
- Sector: Decentralized Finance
- Enterprise Mannequin: Neighborhood-driven memecoin supporting international sustainability and training initiatives
Key options
With the purpose of making the cleanest and most moral platform within the area, TEA combines attention-grabbing defi methods with robust neighborhood engagement. The undertaking boasts of a variety of attention-grabbing options comparable to:
- Staking and farming: Customers can earn rewards and develop their holdings with easy, efficient defi methods.
- Burning mechanism: This technique reduces provide, will increase shortage, and helps month-to-month charitable raffles.
- Charity initiatives: The undertaking helps ecological initiatives and academic applications in tea-growing areas.
Mechanics
Staking: TEA tokens may be staked to earn rewards. Stakers are rewarded with extra TEA tokens over time. The TEA tokens are staked for a specified interval, which implies that the longer the staking interval, the upper the rewards. The staking rewards are distributed from the TEA Fund pool. Staking TEA tokens provide an APY of 20% for a 6-month interval and 50% for a 12-month interval.
Farming: TEA tokens may be farmed for added rewards. Customers can take part in LP farming or farm prime MEME cash by means of TEA. Via LP Farming, customers present liquidity to TEA pairs on decentralized exchanges and earn rewards in TEA tokens. Within the “Pre-Agreed Tier1 memecoin Farming,” customers can stake TEA to farm prime MEME cash, diversifying their holdings and incomes extra rewards.
Burning: TEA tokens may be burned to cut back the entire provide, growing shortage and probably the worth of the remaining tokens. Customers can ship TEA tokens to a burn contract. Every month, 50% of the tokens from the burn pool go to charity, and the remaining 50% are consolidated right into a single pool and raffled amongst all senders from the previous 30 days, whatever the quantity.
Merchandise
International Initia-TEA-ves: The TEA group goals to leverage TEA to help worldwide initiatives, driving constructive change on a worldwide scale. Via TEA’s initiatives, customers can have interaction in worldwide efforts to advertise sustainable tea farming and training.
Faucet-Tea Sport: It is a community-driven tap-to-win sport. Tea-Faucet strives to vary faucet video games fully with actual physics integration utilizing accelerometer expertise. Customers can have interaction in interactive gameplay throughout the TEA neighborhood the place each faucet contributes to actual rewards, enhancing neighborhood interplay and pleasure.
Unique TEA Varieties: With TEA’s newest providing, customers are entitled to lifetime subscriptions to the most recent and rarest teas.
Neighborhood engagement and philanthropy
Tea has at all times been an emblem of unity, bringing individuals collectively throughout cultures. Equally, TEA fosters an enormous neighborhood by providing a good economic system and gateway to Tier 1 initiatives and listings. The undertaking has attracted appreciable consideration and has introduced in additional than 3 million customers in simply two days and retains rising.
Two different widespread options are Creativi-TEA and Chari-TEA: the primary one catches consideration with artistic feedback full of puns, whereas the second tells a narrative about plantations and the booming tea trade. TEA will keep a devoted charity pockets to help international causes, making certain that each HODLer contributes to creating the world a greater place.
Presale
The TEA presale begins on July 1, 2024 at 16:00 (UTC). Early adopters will have the ability to get 88,888,888,888 TEA tokens. The tokenomics is as follows: 33% for presale and bonuses, 22% for decentralized and centralized trade listings and market making, 20% for advertising, 20% for the TEA Fund, and 5% for early contributors.
Conclusion
TEA has confirmed to be extra than simply an atypical memecoin undertaking. It represents a motion in the direction of international sustainability and training by means of distinctive defi mechanics. By combining neighborhood engagement, artistic initiatives, and charitable endeavors, TEA is poised to make a big affect each within the crypto area and the actual world.
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