Whitepaper
Abstract:
InterLink is an integrated cryptocurrency platform launched on March 30th 2024, designed to serve a broad spectrum of users from beginners to experienced traders and developers. With a focus on security, innovation, and community collaboration, InterLink offers a comprehensive suite of services including staking, farming, a decentralized exchange (DEX), and strategic partnerships aimed at enhancing usability and accessibility in the crypto ecosystem.
Table of Contents:
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Introduction
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Platform Overview
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2.1 Launch and Tokenomics
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2.2 Core Features
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2.3 Security and Audits
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Ecosystem
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3.1 Staking and Farming
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3.2 Decentralized Exchange (DEX)
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3.3 Partnership and Collaboration
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Community Engagement
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4.1 InterLink Sundays
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4.2 Lottery dApp
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Alliance Membership
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5.1 Application Process
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5.2 Benefits of Membership
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Roadmap and Future Developments
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Conclusion
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Disclaimer
1. Introduction
InterLink was founded with the mission of creating a unified platform that addresses the varied needs of cryptocurrency enthusiasts and developers alike. By combining user-friendly interfaces with advanced features and robust security measures, InterLink aims to facilitate a seamless and rewarding experience within the digital asset space.
2. Platform Overview
2.1 Launch and Tokenomics
InterLink was launched on March 30th 2024, with an initial supply of 100,000,000 tokens. The tokenomics of InterLink incorporate a deflationary mechanism, where 3% of each buy transaction is automatically burned. This burn mechanism aims to reduce token supply over time, potentially increasing scarcity and value for holders. The 3% tax on sales is allocated to staking rewards.
2.2 Core Features
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Staking and Farming: InterLink offers live staking and farming opportunities from the moment of launch. Users can participate without initial lock-in periods, and after 45 days, there are no penalties for early unstaking. Rewards for staking and farming include BNB, InterLink tokens, or tokens from alliance members. Importantly, tokens claimed are bought in real-time, which supports the liquidity and market depth of listed projects.
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Decentralized Exchange (DEX): InterLink's DEX was released approximately two weeks post-launch. It distinguishes itself by offering free listings and zero swap fees. Projects listed on the DEX can earn rebates of up to 30% on transaction fees, achieved through an upcharge on gas fees. This approach encourages liquidity provision and active trading while ensuring a fair and equitable marketplace.
2.3 Security and Audits
To guarantee the integrity and reliability of its platform, InterLink's smart contracts and overall platform architecture have undergone rigorous auditing by Solid Proof, a reputable auditing firm in the blockchain space. Additionally, 100% of InterLink's PancakeSwap Liquidity Pool (LP) tokens are locked for one year using Knox Locker by Squid Grow, safeguarding liquidity against potential risks.
3. Ecosystem
3.1 Staking and Farming
InterLink's staking and farming mechanisms are designed to provide flexibility and attractive rewards to participants. With over 28 tokens available as reward options, users can choose to earn BNB, InterLink tokens, or tokens from affiliated projects. The platform's real-time token purchase feature during claiming transactions contributes directly to the growth and sustainability of listed projects.
3.2 Decentralized Exchange (DEX)
The InterLink DEX stands out for its inclusivity and support for projects of all sizes. By eliminating traditional listing fees and implementing a rebate system funded by a nominal gas fee upcharge, InterLink incentivizes project listings and trading activity. This approach aims to foster a vibrant and liquid marketplace for digital assets, benefiting both traders and project developers.
3.3 Partnership and Collaboration
InterLink actively collaborates with 22 projects and has established 13 strategic partnerships to date. These collaborations enhance the platform's utility and ecosystem. Key partnerships include:
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Prevail: Allows projects to set up merchandise shops, enhancing their brand presence and engagement with the community.
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Lynx Crypto App: Provides users with a comprehensive portfolio tracking tool, ensuring real-time insights into their digital asset holdings.
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Defi-nation: Offers a seamless solution for converting cryptocurrencies into virtual fiat gift cards, facilitating broader usability and adoption of digital assets.
4. Community Engagement
4.1 InterLink Sundays
InterLink hosts weekly events known as InterLink Sundays. These sessions feature guest co-hosts and showcase alliance members, providing a platform for community interaction, project updates, and collaborative opportunities. InterLink Sundays serve as a cornerstone of community engagement, fostering camaraderie and knowledge sharing among participants.
4.2 Lottery dApp
The introduction of a lottery decentralized application (dApp) adds an exciting dimension to InterLink's community engagement initiatives. Participants have the chance to win valuable prizes, while one fortunate project benefits from a buyback and burn mechanism. This transparent and rewarding system encourages active participation and supports the growth of projects within the InterLink ecosystem.
5. Alliance Membership
5.1 Application Process
Interested projects can apply for alliance membership through the InterLink website. The application process involves a thorough evaluation of factors such as social presence, project viability, and alignment with InterLink's values. This vetting process ensures that only high-quality projects join the InterLink ecosystem, promoting trust and sustainability.
5.2 Benefits of Membership
Approved alliance members gain access to InterLink's staking and farming platforms, leveraging the platform's robust infrastructure and community network. Additionally, members benefit from collaborative opportunities with other alliance members, discounted services from strategic partners, and enhanced visibility through InterLink's promotional channels. Membership in the InterLink alliance opens doors to a supportive community and valuable resources for project development and growth.
6. Roadmap and Future Developments
Looking ahead, InterLink is committed to ongoing innovation and expansion. Future developments include the launch of new features and initiatives aimed at enriching user experience and broadening the platform's functionality. Notably, InterLink plans to introduce a new game developed in collaboration with a renowned game developer, offering users additional avenues for engagement and entertainment within the platform.
7. Conclusion
In conclusion, InterLink represents a pioneering effort to establish a comprehensive and user-centric cryptocurrency platform. By prioritizing security, transparency, and community collaboration, InterLink aims to redefine the digital asset landscape, empowering users and project developers alike. With its robust feature set, strategic partnerships, and commitment to continuous improvement, InterLink is poised to emerge as a leading platform in the evolving blockchain ecosystem.
8. Disclaimer
While InterLink undertakes diligent research and vetting of projects and partners, it is essential for all participants to conduct their own due diligence and exercise caution when engaging in cryptocurrency investments and activities. InterLink strives to provide a secure and supportive environment, but individual responsibility remains paramount in the crypto space.
Roadmap
This is our v1 Roadmap and nothing on it is set in stone as we adjust accordingly.
1. Staking: Allowing users to pool InterLink tokens and receive rewards in return.
2. Yield farming: Providing opportunities for users to earn rewards by providing liquidity to decentralized finance (DeFi) protocols.
3. Dex: Our own decentralized exchange platform (Currently being built and coming out shortly after launch)
4. NFT marketplace: Creating a platform for buying, selling, and trading non-fungible tokens (NFTs), which represent ownership of unique digital assets.
5. Bridge: Facilitating interoperability between different blockchain networks, allowing assets to be transferred seamlessly across chains.
6. GameFi - Entering the gaming sector with our own Pinball game.
Each of these components contributes to the broader ecosystem of decentralized finance, enabling users to engage in various financial activities in a trustless and permissionless manner. Bonus: We are looking at creating a v2 Staking platform with a big upgrade.