Introducing Angel Finance: An angel investment platform on the Binance Smart Chain.
Since the start of DeFi summer in 2020, there has been a surge of activity and development in the space, however, engaging in DeFi on the Ethereum blockchain has become really expensive & sometimes slow, which prices out retail and only leaves a bunch of the activity in the hands of the already wealthy people. The Binance Smart Chain(BSC) gives us another chance to still make DeFi happen, at an even cheaper rate especially with gas prices halving recently.
With Angel Finance, retail has a chance at making angel investments in a fair and cost-effective manner. Asset exchange & Investing becomes possible again as well as other crypto market-related activities.
Angel Finance is a retail investment platform, built to democratize angel investing through smart contracts and liquidity pools. An angel investor is an individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. Investors can use the Angel token as a store of value which can then be staked against start-up projects for a return on investment.
An asset exchange platform on Angel Finance where users will be able to swap from one asset to the other, from the list of assets/contracts supported by the platform. They won’t have to leave the platform to exchange assets they need to interact with.
Angel pad (Launchpad) is a platform for new BSC projects, exposing them to ANGEL holders and their liquidity while protecting the holders. The aim is to make the emerging projects more trustworthy for investment giving ANGEL holders the chance to make more investments, through our launchpad. There will be public raises for projects we have vetted and decide to list.
With the current growth rate of the cryptocurrency market, everyone wants to be involved and bet on it in some way; using protocols, speculating, trading, options. With the Angel Fund, we would like to shift the focus a bit from profits and investments, to charity; and donating towards relief/aid and helping creatives who have no money to work. Angel holders would be the biggest stake holders in this, and will decide what causes they want to fund.
All of this will be made possible through the utility & DAO token of Angel Finance called ANGEL, which will be used to provide liquidity for asset exchange & to vote in/out changes to the platform.
To keep it simple; the total supply of ANGEL tokens will be 888,000,000.
- 37.5% (333,000,000) of the token supply will be put up as liquidity, for a fair launch. no public sale.
- 25% (222,000,000) will be used to provide liquidity for the Angel Swap DEX (with a 50% lockup for 3 months)
- 6.25% (55,500,000) will be allocated to Marketing & Development (with a 50% lock up for 3 months)
- 6.25% (55,500,000) will be allocated to the team (with 50% lock up for 3 months)
- 25% (222,000,000) will be kept in the reserve (with a 50% lock up for 6 months)
Every transaction brings blessings to holders of Angel; a 1% fee is applied, which is instantly split among all holders of the token.
Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are immediately reflected in the holder's balance. Think of this smart contract as an angel bringing blessings.
We’d love to hear from you, answer any questions you may have or help you out in any way. Reach out to us through any of the following channels.
Website coming soon.