EQNOX

EQNOX is an immutable smart contract, without any  owners, and can’t be censored or stopped. It is an inflationary staking token, where inflation is distributed every day to active stakes through interest. Inflation starts at 1.8% per day, and will be reduced every season change until it stabilizes at 4% per year, after 7 years of consistent decreases. During the first 273, EQNOX tokens will be minted and distributed every day through daily auctions. These auctions will provide the base liquidity for the token.

EQNOX has an Automatic Market Maker built in to create and grow a liquidity pool on the pair EQNOX-BUSD. Almost half of all BUSD gathered through the daily auctions will be used to grow the liquidity pool, and the remaining half will be  returned to the auction participants through daily random rewards.

EQNOX has a powerful referral system built in, designed to attract influencers with large followings. Every time a user interacts with EQNOX using a referral link, the one who provided the referral gets 10% of the BUSD the user put into the contract. Also, referrals are sticky, meaning the provider of the referral will continue to earn 10% of everything the other user puts into to the contract, until the user deliberately changes his referral to another address. This is very powerful, because you may earn 10% of everyone who used your referral link, possibly forever.

EQNOX is the first token aligned with the seasons, where the day of the year and the current season directly affect how stakes work. Harvest season, from October to December, is the most important season of all. Stakes can last forever and can only be ended without penalties during harvest season, between October and December. It’s a yearly celebration about the giving of future interest from paper hands to diamond hands.