YENTURE: First Protocol Proposal

Venture DAO
2 min readFeb 28, 2021

The man who believes that exponential growth can continue indefinitely in a finite world is a fool, or an economist.

There is only one day left for the $VEN public sale, and it seemed appropriate to add a little pepper to the soup. 🍲

We decided to propose to the community a first protocol to be implemented in the Venture DAO ecosystem.

Yenture: a reflect token on the Binance Smart Chain.

Yenture is an innovative Bep20 token that re-imagines the concept of DeFI yield generation.

At its core, YEN charges a transaction fee and re-distributes that fee to existing YEN holders instantly and automatically at the time of each transaction.

There is no need for staking or farming websites since the reflect feature happens directly on-chain. JUST HODL IT.

Yenture distribution

For the distribution of the token we offer the community a micro hard cap flash sale: it will be possible to buy YEN through VEN.
VEN tokens obtained from the flash sale will be used to provide liquidity on Pancakeswap and the LPs will be BURNED. 🔥

This means that VEN will suffer a further reduction in supply making the VEN token even more valuable.

But if you are a true 200 IQ degen you will already have understood another benefit that YEN will bring to VEN.

Liquidity on Pancakeswap will be provided on VEN/YEN pair, which means that anyone intending to buy YEN with BNB or any other BEP20, will first have to buy VEN, thus contributing to the growth of VEN price.

For now, we will not provide further details regarding YEN.

Venture DAO is an ecosystem designed to be completely community driven. Before proceeding therefore, we would like this proposal to be accepted by the community and to hear further opinions from the whole DAO.

Good luck everyone for tomorrow’s public sale, LOL. 🍲🔥

See you in the DAO
https://t.me/VentureDAO

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Venture DAO

A fully community-governed DeFi ecosystem, initially developed on Binance Smart Chain