INTRODUCTION
about digital technology that will add insight and benefits from a blockchain-based platform. Before I discuss Sorex further, I will try to discuss a little about Annual percentage yield, or commonly known as Cryptocurrency, APY and the Definition of Staking, because it is closely related to Sorex's innovative platform. Cryptocurrency is digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or duplicate. Many cryptocurrencies are decentralized networks based on blockchain technology (distributed
ledgers enforced by a network of different
computers). A distinctive feature of cryptocurrencies is that they are generally not issued by a central authority, making them theoretically immune to government interference or manipulation. Crypto itself "refers to the various encryption algorithms and cryptographic techniques that protect these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions. Annual percentage yield, or commonly known as APY is a projected annual return that is calculated. by someone after taking into account compounding interest.
APY is an indicator used to measure the nominal amount earned by a person which is then calculated for a year. In other words, APY is a method used to measure how interest accrues over time.
Compound interest or compounding interest is the interest you earn on the assets or investments you hold. Compounding interest can also be defined as the interest paid on the principal (your deposit into the account) and the interest you earn.
This makes compounding interest a very strong attraction for investment. The reason is, compounding interest can allow users to gain profits in the long term. Usually, in investing, the interest earned will be doubled over different periods of time. For example, the interest is calculated on a daily, monthly, quarterly or yearly basis.
However, in APY, interest is calculated and combined for a period of one year. While the definition of staking is an activity that benefits crypto asset users by validating transactions or all activities that occur on the blockchain system.
Investors are required to store or lock their crypto assets in digital wallets to verify the value of the assets in staking.
During the bidding process, cryptocurrencies that are stored or locked will not be able to be retrieved until the staking period is over. The longer the period of time taken, the percentage of profits obtained will usually be greater.
Staking can be analogous to a deposit. Get interest and keep it for a certain period of time that has been agreed in advance. However, the results obtained are not in the form of fiat currency, but in the form of cryptocurrencies similar to those that are staked.
In other words, staking is an easy way for investors to earn additional profit (passive income) while waiting for the value of the cryptocurrency to rise in the long term. SOREX is a developer-based company focused on innovation that creates benefits and value for SRX token holders. Our Sorex Autostaking protocol is used in SOREX tokens which provide benefits to SRX holders. In my opinion this platform is a simple platform that can be accessed by all people to benefit from asset investment, I invite all readers to participate in this innovative project. So that readers can get clearer information, please visit the official website at https://sorex.io/
About SOREX
SOREX is a robotized specialist application oversaw by an Artificial Intelligence that consolidates numerical extrapolation polynomials close by a pre-prepared time-series forecast neuronal organization to anticipate definitively the development of the main 300 digital currencies and contributing naturally for you.
Highlights SOREX
PLANS : Get an easy revenue from exchanges of Artificial Intelligence close by a pre-prepared time-series expectation neuronal organization
Crypto Exchange : Purchase and sell one of 300+ Crypto in minutes. Exchange anyplace with security and accommodation
24/7 Support : Got an issue? Simply reach out. Our help group accessible 24/7
Double Options : Rise or Fall? Anticipate where the cost will proceed to bend over your bet. 300+ Crypto resources for decision. Just 2 different ways — UP or DOWN! Browse one of 300+ Crypto Assets and anticipate how the cost will act during the time you pick. Watch the exchange’s advancement continuous.
3 LVL Referral Program : Prescribe us to your companions and procure in every one of THREE Levels 1. LVL — 20% 2. LVL — 10% 3. LVL — 5%
NFT Loans : Loan and Borrow your NFTs as guarantee. Get advances in USDT, BUSD and SRX. Get USDT or SRX advances. Utilize your NFTs as guarantee for crypto credits with the most noteworthy advance to esteem proportion at market. Get credits in USDT, BUSD or SRX and pull out quickly to your wallet.
SRX Autostaking Protocol
Stake before send off, Stake in your wallet — stake all over the place. SRX Token is heart of Sorex Autostaking Protocol, New Generation Defi with Highest Fixed APY, accumulating rewards at regular intervals and first of its sort — Pre-send off get-hold-procure framework that develops your portfolio before send off with fixed interest of 2.11% each day or 204,036.60% per year by holding SRX.
Investment Independence
SOREX utilizes a PLAN framework to fulfill all sort of financial backers. The principle contrast between the PLANs is the cap of speculation on every emphasis, which increments with each PLAN. There are two methods for getting to the SOREX speculation stage: Holding SRX or through a yearly installment. How much tokens expected for each PLAN is recalculated like clockwork to match the fiat cost of each PLAN. This intends that assuming the cost of the token goes up, any client might conceivably get the following PLAN as the expected tokens will diminish. Going against the norm, a client can’t bring down the PLAN because of token cost change as long as they don’t sell the tokens.
How the PLANS Works?
In choosing one of offered PLANS you are putting resources into exchanging in light of Artificial Intelligence combined with the Neural Network. This tendon permits us to keep stable ROI in lengthy reach.
Tokenomics
SOREX will send off SRX Token at 21.04.2022 at 4 significant blockchains simultaneously — ETH, BSC, AVAX and FTM
Complete Supply — 1,500,000 SRX
Blockchains — ETH, BSC, AVAX, FTM
SRX Token Launch — 21.04.2022
SRX Listing Price — $1.00
Double Options — 28.02.2022
Venture Program “PLANS” — 28.02.2022
SRX Pre-send off Staking — 03.03.2022
NFT Loans — 10.03.2022
Roadmap
STAGE 1:
SOREX.IO Invest Platform Launch
Binary Options Launch
Invest PLANS Launch
Pre-launch Marketing
SRX Initial Token Offering
Pre-launch Staking
STAGE 2:
SRX Token Launch
Listing on Coinmarketcap
Listing on Coingecko
SOREX.IO DAPP Launch
SOREX.IO Treasury Launch
xSRX Token Launch
STAGE 3:
Full transition to Decentralized Model
Presale and ITO Platform
Massive Marketing Campaign
Strategic Partnerships
SRX Token adopting for CEX
CEX Listing
TEAM
Erick Chow: Founder / Lead Developer
Hugo Danielsson: Blockchain Expert / Web3 Developer
Kim Hee Sung: AI Engineer / PLANS Developer
Zack Heath: Cyber Security Specialist
Chen Ping: "NFT Loans" Developer
Jarmal Reynolds: Public Relations Specialist
Maria Fe Morralos: Marketing Lead Manager
Conclusion
SOREX is the first of its kind and will allow users to invest in all of the major cryptocurrencies, using a single platform. Sorex is a powerful and flexible investment platform that gives you the ability to invest in a variety of cryptocurrencies, while also allowing you to invest traditional assets such as stocks, precious metals, and fiat currencies. You can learn more about Sorex by visiting the website links below
Useful Links :
Website —https://sorex.io
Telegram Bounty Group https://t.me/+9PzCQ0jAPHoyNjlk
Telegram Community —https://t.me/SOREX_Officia
Telegram Referral Program —http://t.me/SOREX_Official_BOT
Telegram Announcements —https://t.me/SOREX_Official_ANN
Twitter —https://twitter.com/SOREX_IO
Discord —https://discord.gg/j8hU66PgPk
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