One
of the challenges for newbies or regular crypto users is the problem of finding
appropriate applications that is best for performing a specific task. This has
led to the use of multiple applications and tools to carry out various
blockchain activities. This could be frustrating and at the same time it can
lead to mistakes, loss of funds and difficulty to keep track of investments and
holdings.
There
are times when we desire to have or eat different things at the same time, just
like Bob. He felt like taking some fresh slices of bread and at the same time, his
covetous taste bud was hungry for some chunks of spiced vegetables ladened with
grilled meat. While I was still trying to figure out exactly what he wanted, he
added sliced cheese to his already confused menu list. What if I tell Bob that he
can have all of these in a single bite? Yes!
All he need is SANDWICH, a delicious food that typically consist vegetable,
sliced cheese or meat, scrumptiously wrapped in between two layers of baked
bread.
Similarly,
in cryptocurrency, creators and end users are regularly involved in various
activities such as token minting and generation, creation and participation in
token sale, staking, chart analysis and tracking. Most users make use of
separate applications to access majority of the activities that they carry out
due to the fragmented nature of the present DeFi system. For example, as an
investor, you join presale on one platform, trade on another platform and even stake
those tokens on a different application. What if you are offered a platform
that allow you to access all your DeFi needs in one place, without having to
junket from one protocol to another? Yes! All you need is SANDWICH. But this
time around, it is not a sandwich made of bread but a Sandwich built on digital
framework of blockchain technology.
Having
a protocol that can act as a central hub, with everything an investor or
project owner would need, can go a long way to limit the burden of combining
multiple platforms at the same time. In this project review, I will be looking
at Sandwich Network, a project that is set out to permanently put an end to the
need to shop around for tools or applications to carry out daily blockchain tasks.
If you ready, we can begin by taking the first bite from this delicious
Sandwich.
1. SandWich Network: All-in-one DeFi Hub
Sandwich
Network prides itself as the most complete and user-friendly all-in-one crypto
hub. Think of it as a “Google Hub” for new DeFi projects. It is a user-friendly
and permissionless application with multiple tools and suite of dapps (which I
will be unveiling shortly) that can be used by anyone to kick-start their
crypto life with minimal friction.
The
financial benefits of the decentralized financial system have caused more
people to get into DeFi trading, staking, launching and locking. Total value locked
in decentralized finance portals have continued to skyrocket; an indication of
large growth in the number of projects and people investing.
Despite
the numerous protocols and opportunities that exist in the crypto space, the
current market for investing, launching and tracking crypto currency projects
is highly fragmented. As an all-encompassing crypto hub, SandWich Network is
well positioned to be a gamechanger through the building of an extensive
ecosystem of DeFi apps.
With
Sandwich Network, project starters can easily create, build and scale new
projects without KYC and applications. The project is on a mission to ensure
that you have all the right tools to launch your own cryptocurrency token and
project, albeit with little or no experience.
2. The SandWich Ecosystem
Sandwich
Network ecosystem features 4 basic products that are meant to deliver
simplicity, value and convenience to users. These 4 basic ecosystem products
are highlighted below:
SandwichBeta: SandwichBeta is designed to be the most
user-friendly and advanced decentralized launchpad on Binance Smart Chain with
a future goal to extend operation to other blockchains. This Dapp can be used
to create a safe and easy way for project starters to mint tokens, host private
rounds, launch a presale and lock tokens. As a creator, SandwichBeta makes it
easy for you to get funding for your project. As an investor, you can invest in
a wide range of exciting projects listed on Sandwich Network.
SandwichBeta is fully launched with the following features:
SandwichMint: This aspect of SanwichBeta offers creators an easy way to create their own token. By connecting to the Dapp and performing few clicks, you will get your very own token (with total supply) directly distributed to your own wallet. I decided to give it a try and I was amazed to discover that I was able to mint my own token with so much ease. Feel free to explore and discover this yourselves.
SandwichLaunch
Once your tokens are minted, SandwichLaunch allows you to create a presale for your token. As soon as the presale is completed, Sandwich automatically creates a liquidity pool on Pancakeswap (BSC) or Uniswap (ETH).
SandwichLock: In order to create a safe investment atmosphere for your community, you may desire that parts of your token should be locked for a certain period of time.
This is a common practice that helps to build confidence and assure your community that you are not pulling out so quickly. SandwichLock token locker can be used to lock tokens for a certain period of time.
In
addition to these, additional functions such as SandwichAirdrop (which can be
used airdrop tokens to large users) and SandwichPrivate (a feature for enabling
and tracking linear vesting of tokens allocated to private investors) are getting
warm up for release.
SandwichSAFU: The cryptospace is an open field that
provides a flurry of opportunities to users but at the same time, it has a fair
share of inherent risks. Reducing the amount of risks in the cryptospace is
unfortunately still much needed. When joining IDO and presale, users are unable
to perfectly identify valuable projects with real intention.
Although
SandwichSAFU is a decentralized Launchpad, it has incorporated heavy security features
to protect presale investors. It features a tiered-system launchpad where
$SANDWICH holders get access to private and public rounds of top-tier projects
on multiple chains.
SandwichSAFU
is targeted for hosting private and public rounds for higher-level projects
with automatic KYC procedures. In addition, creators will have access to
incubation support through SandwichLabs. SandwichTools: SandwichTools
provide the most extensive toolbox for DEX trading and it combines multiple
features of protocols such as Poocoin, DEXTools, Bogged, in one application
For
traders and market strategists who like to play with charting or other
analytical tools, you will find SandwichTools and its all-inclusive tools, a
reliable alternative. This Dapp presents users with multiple resources that can
be used to analyse, anticipate market movements and derive relevant inferences
from data trend.
Users
can connect their personal wallets and use SandwichTools to track real-time
value of their investments in a comprehensive overview. Additionally, users
will be able to access trending and top projects at a glance. For creators,
they can use this tool to check liquidity pool size, trades and can use the automated
advertising system to promote their projects larger audience.
SandwichTools
is expected to be released by Q2/2022 and it will be available on desktop,
tablet, mobile and later IOS/Android.
SandwichSwap: Is it
possible to offer a complete DeFi hub without a swap? Of course, the answer is
no. Trading is one of the main activities performed by everyday DeFi user and
these trades often take place on decentralized exchanges.
SandwichSwap
presents users with a native multi-chain DEX trading platrom. It is a go-to DEX
aggregator that connects and interlinks every other daaps within the ecosystem.
SandwichSwap will enable users to trade DEX tokens, participate in lottery and engage
in other DEX activities through one easy to use interface.
3.$SANDWICH Token
$SANDWICH is the native asset of Sandwich Network which will power the Sandwich Ecosystem. $SANDWICH is a BEP-20 token and has a total supply of 1 Billion token. The highest allocation of the token distribution (38.5%) is meant to reward users as ecosystem incentives. The detailed distribution of the token is shown in the screen snip below:
The
token will serve various utility across all dapps within the ecosystem. Some of
the exclusive utilities and benefits of $SANDWICH are:
- Granting holders
permanent access to discounted fees when using SandwichMInt, SandwichLaunch and
SandwichLOck
- Having higher
pool weight and allocation by holding more tokens, thereby granting access to
fixed allocation in SandwichSAFU
- Permanent access
and unlocking of premium features in SandwichTools
- Liquidity mining
- Governance rights
and privileges
4. Revenue Stream and Business Economy
$SANDWICH
network plans to operate as a self-sustaining ecosystem. As the protocol continue
to expand and as more Dapps get released into the mainstream for users to
interact with, new multiple streams of income will become generated.
The
revenue and income generation model of Sandwich Network is fueled through taxes
and fees. Flat standard rates of 0.1 BNB is charged to use token mint, launch
and locking
Sandwich
Network also charges a percentage-based performance fees on SandwichLaunch
depending of the outcome of such presale. About 2% raised and deposited token is
taken as performance fees. Other services such as advertising, swap, and
similar activities attract a fixed percentage as fees.
It
will surprise you to know that all generated revenues belongs to all users and
holders of $SANDWICH. Collected revenues are distributed to a smart contract
where users will be able to claim their own quota. I know you are already edgy
to know how you can passively earn from this. Hop into the next section to get
the full gist.
5.DAO and SandwichRewards
Sandwich Network intention is to ultimately
and completely transform into a DAO through the activation of a decentralized
governing structure. In this DAO, the native token $SANDWICH is going to be the
leading and most important asset.
$SANDWICH
holders will be able to participate in key governance votes, such as the
development of roadmap and new functionalities added to existing applications
in the ecosystem.
Sandwich
Network has put in a place dependable revenue stream from flat fees based on
percentage. The DAO will benefit from a 100% reward distribution model of all
generated revenue. This means that revenue made across all Dapps in the
ecosystem will be divided among all token holders. SandwichReward is expected
to be launched with Sandwich SAFU towards the end of April, 2022.
Any
users that satisfy any of these conditions is eligible for revenue
redistribution:
- Hold $SANDWICH in
a decentralized wallet
- Staking on
SandwichStake
- Have vested
Seed/Private/Publicsale tokens
The
calculation of amount of rewards that will be available for users to claim has
already started since 9th February, 2022. You have missed some
already if you are not yet a holder. However, you are not too late. All you
have to do if fulfill any of the three conditions listed above.
It
is apt to point out that the longer you hold your $SANDWICH, the higher the
percentage of revenue you will be able to claim. Specifically, if you hold for:
- 2 Weeks: 25% of
max revenue will be available for claim
- 1 Month: 50% of
max revenue will be available for claim
- 3 Months: 75% of
max revenue will be available for claim
- 6 Months: 100% of
max revenue will be available for claim
7. Conclusion
Sandwich
network is a unique protocol that has a complete ecosystem for creators and
users to start their crypto journey with ease. It is user friendly and has juicy
tools that you can use to mint, launch and lock token with explicit simplicity.
Apart from being an all-in-one and one-stop-shop decentralized base for DeFi
needs, Sandwich network has a luscious reward system that enable you to claim a
share of platform revenue, as long as you are a $SANDWICH holder.
For
users who desire simplicity, quality and convenient access to all DeFi
functionalities, you will find Sandwich Network decentralized hub and its array
of flavorsome products yummy and scrumptiously tasty enough to perfectly satisfy
your DeFi desires.
8. Social Channels
Sandwich
Network’s Website:
http://sandwich.network/token/
Sandwich
Network’s Twitter:
Sandwich
Network’s Telegram:
https://t.me/SandwichNetwork
Sandwich
Network’s Medium
https://medium.com/@sandwichnetwork
