Life Crypto – Multichain Cryptocurrency With 39% Staking!

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The post Life Crypto – Multichain Cryptocurrency With 39% Staking! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Life crypto is constructing a seamless crypto infrastructure that is going to revolutionize the crypto world with a non-custodial wallet that uses a simple nickname to transfer funds vs a complex number chain, making crypto easy to use for everyone.

This will be a highly secure wallet and the user will be in possession of their keys. They will be able to send funds to their friends, to their bank, and to pay for everyday things.

The app, Life Crypto, will be released in the summer of 2022, but in the next few months, we will provide our customers the opportunity to reserve a nickname of their choice (based on availability) in advance of the summer launch.

It is a multi-chain wallet, and the development team is working on a bridge that will allow users to switch their LIFE token between several versions, such as ERC20 and BEP20, to ensure that they are interoperable with the most popular crypto networks.

This might be a game-changer, allowing the LIFE token to gain widespread adoption.

Team Members

The team and developers have worked for significant corporations such as Oracle and Microsoft, and have extensive knowledge in finance, multi-business operations, and blockchain technology.

The goal is to be the number one retail choice and to make the shopping experience as simple as possible.

Goals Of The Team:

The team aims to connect crypto with real-world transactions, while also providing the convenience of login identification and the variety of a multi-chain wallet.

The LIFE Team is developing a full portfolio of products that are simple to use regardless of one’s degree of familiarity with cryptocurrencies or blockchain technology.

The LIFE token is the lifeblood of the ecosystem. Staking, app functionality, retail purchases, bank transfers, and LIFE debit card transactions all rely on it. LIFE is a new type of currency.

Life Token

The LIFE Token fuels the infrastructure being constructed by the LIFE Team and our ecosystem’s fiduciaries. LIFE Token was launched on the Ethereum network with a fixed quantity of 10 billion tokens.

The team has just finished the completion of the BSC contract so users can enjoy the speed and low fees of the network. Next on deck is bringing on Polygon that will be a welcomed addition.

LIFE benefits from Ethereum’s battle-tested security architecture and continuous developments from its massive open source community as an ERC20 based currency.

As of March 2022, Life Crypto’s price is $0.001325 USD, with $535,942 USD in 24-hour trading volume. . In the last 24 hours, Life Crypto has gained 0.15 percent. With a live market cap of $12,924,689 USD, the current CoinMarketCap ranking is #880.

There are approx 2.5B LIFE coins in circulation, with a maximum supply of 10,000,000,000 LIFE coins.(Team is working with Coin Market Cap to accurately update Circulating Supply). The adjusted market cap is around $3-4M leaving room for huge growth potential.

If you’re looking to acquire Life Crypto, the best cryptocurrency exchanges to use right now are CoinTiger, BingX, Gate.io, MEXC, and XT.COM.

Life Crypto is both a payment network and a new type of currency. Sending bitcoin is a complicated procedure in which one must copy and paste a large string of random numbers and characters and double-check that the address is right before sending.

Crypto users benefit from Life’s flexibility and simplicity, which allows them to conduct transactions with ease, using only the recipient’s nickname to send payments. Life Crypto app includes staking and NFT subscription vaults.

Life Wallet :

The LIFE wallet will have a distinct benefit in that it will be multi-chain compatible and support a large number of tokens, allowing users to receive and transfer many cryptocurrencies with the flexibility of a username.

LIFE will always have the greatest options in terms of speed, costs, and reliability thanks to adaptable protocols that allow LIFE to bridge to the most modern blockchain technology. Shopping online, ordering takeout, and transferring money to contacts are all possible with Life swallets.

Life Staking :

LIFE token holders may make passive income by staking their tokens on the website’s best-in-class staking platform, as well as through services like providing liquidity to partner DEXs and, in the future, Life’s own DEX.

The platform offers 30%, 35%, 39% APR for 1 month, 6 month, and 12 month terms. Compare that to any bank account interest rate (offering for next two years). Minimum amount required for staking is 10,000 and there is no maximum limit.

Ability to see rewards and cash them out hourly. Lock up timer to see exactly when your funds are free to move, users can stake multiple lock up periods. At the end of the appropriate staking period, you will be able to withdraw your initial staked token amount as well as your earned incentives.

MetaMask, Trust Wallet, or Ledger are examples of software or hardware wallets that are interoperable with ERC20 tokens where you can store Life Tokens. You’ll need a certain quantity of ETH in your wallet to cover gas costs. A gas price will be charged for every contact with the smart contract. For users to take advantage of lower fees, the BSC network is a very good choice, in which you will need a small amount of BNB for transactions.

Note:

The smart contract does not enable you to quit the staking time before it expires. Only at the conclusion of the staking period can you reclaim your staked tokens. Your staking rewards, on the other hand, can be collected at any moment.

Don’t panic, if you don’t see your staked tokens in your hardware or software wallets because they are only available on the interface of the LIFE Staking platform.

Debit Card:

Life provides the same ease of use as custodial payment systems like PayPal, but with the added benefit of giving the user full control over their assets. The team is currently in discussions with MasterCard to provide their users with a card that will cover all of their crypto transactions and are looking forward to having a talk with Visa.

Road Map Of Life Crypto:

2022 Q1

– Launch Life Staking Platform 1.0

– Complete website design overhaul

– Full-fledged marketing campaign

– Tier-1 exchange push

– Pursue bridge to L2 for optimized staking functionality

2022 Q2 & Q3

– Life app launch on iOS & Android app stores

– Multi-network wallet with Username functionality

– Continued expansion to top crypto exchanges

– Retail partnership business development focus