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About

Apresentação
Introdução
Informações gerais
Propósito
Informação técnica
Distribução e redistribuição
Taxas
Mecanismo
Governança
Restrições
Avisos
Riscos
Equipe

Delos DeFi white paper
Version 2.4

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Index

Presentation

Introduction

General information

Purpose

technical information

Distribution and Redistribution

Fees

Of the Technical Mechanism

governance

Restrictions

Notices

Scratchs

Development Team

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2021 © Delos DeFi. All rights reserved.

 

Presentation

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This document (“White Paper”) is for informational purposes only. We suggest reading it in a quiet, calm and careful place, in order to fully understand the functioning of the DELOS DEFI ecosystem. All references made to the "Developer" in this White Paper must be understood as references to the company responsible for conducting the project related to the DELOS DEFI token, holder of all development rights and obligations of the DELOS DEFI Project, currently under constitution, whose capital will be held by the individuals indicated below this White Paper.

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​ Before completing any purchase of DELOS DEFI tokens, prospective buyers should research the cryptoactive market, carefully assess the risks and uncertainties inherent in this market, and ensure that they understand all of the information contained in this document. If after careful reading you still have any questions, or would like any further clarification, you can contact the Developer at [contact@delosdefi.com].

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​ This Whitepaper includes information and forecasts obtained from internal research, reports and studies conducted by the Developer about the market and industry, as well as external sources such as market research conducted by third parties and publicly available information. The information referred to in this Whitepaper was obtained from sources believed to be reliable, but there can be no guarantee as to its accuracy or completeness. Developer makes no representations as to the accuracy of the information contained in this Whitepaper and shall not be obligated to provide any updates.

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Introduction  

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Blockchain technology is one of the most promising that exists today, ranging from the creation and commercialization of cryptocurrencies to the use of smart contracts.  

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It is no coincidence that in recent years the cryptoactive market has been attracting considerable interest, manifesting itself in innovative solutions for electronic payments and digital storage of values, as it has a decentralized, secure, fast and low (or none) operating format ) cost of transactions.

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The cryptocurrency market has already surpassed the market capture of around 11 trillion reais, still a long way from the current financial market, but impacting numbers from a market that is growing and is always being updated, as fast as technology asks for.

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However, unnecessary uncertainties, generated above all by the financial impact of its inherent volatility, end up having a negative impact on the attractiveness of the cryptocurrency market.

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In order to face this, which proves to be one of the main inconveniences in investing in cryptoactives, the DELOS DEFI token brought an intrinsic system that seeks to stabilize its volatility.

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The DELOS DEFI token is a unique cryptoactive on the market, conceived based on the efforts and experience of a group of investors and supporters of various projects in the crypto world, both on Binance Smart Chain (BSC) and on other platforms.

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​ General information

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The cryptographic universe is based on blockchain technology, which began to be conceived in the 1990s and was finally employed in 2009, with the creation of Bitcoin. In a context in which, until then, all financial transactions depended on centralized validation by a bank or state entity, Bitcoin presented a disruptive alternative, in which the system users themselves validate transactions through an encryption process.

Excluding the need for a central regulator and ensuring speed and privacy for your validators and community. With the growth of Bitcoin, new currencies started to emerge using different technologies, means and cryptographic validations. But, all with the same purpose of decentralization, security and privacy.

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In this universe, highlights for Ethereum and Binance.

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ETH (Ethereum) pioneered smart contracts and caused a revolution in the cryptographic world with its cryptoassets, self-enforcing, immutable and very high security contracts.

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BNB (Binance) which today is the largest exchange in financial volume according to Coin Market Cap. It came with BSC (Binance Smart Chain) to try to create something that Ethereum still pursues: the democratization of network fees.

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With contracts just as secure, but with much lower rates due to a different form of validation.

While ETH needs PoW validators, BNB uses PoS, a faster, cheaper and more democratic system.

 

What unites all the major currencies, and in this context, Delos Defi is born, is the philosophy of always remaining decentralized, without bureaucracy, democratic and a safe form of business.

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With just over 11 months of life, Binance Smart Chain was the network and technology chosen by us, as we inserted ourselves in a still emerging environment that is part of the already trillion, but still fledgling, crypto universe.

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​​ Purpose

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​ As it is a market without internal regulation, where each exchange controls its order book.

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Unlike the traditional market where all brokers allocate value to B3 (in the case of Brazil) or NASDAQ, DOW JONES (in the US).

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​ Panic control systems like traditional market "auctions" do not exist either.

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​ Thus, the extremely high volatility of the cryptoasset market is a problem for its application.

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​ The effects of inflation, although applicable differently, is also an evil that haunts the cryptographic universe.

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​ Some mining engines, proof checks and other tools generate extra coins on the market. Having the same effect as the already dreaded inflation of traditional markets.

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​ That said, DELOS DEFI embodies mechanisms to reduce inflationary effects and increase liquidity (see item below), making the currency more stable, secure and attractive.

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​​ technical information

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​ Token name: DELOS DEFI
Token Symbol: DELOS
Decimals: 18
TOTAL SUPLY: 300,000,000.000

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Delos Defi was generated in the smart contract number:

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0x747fd09ae18ba055978b5da7a5cef572171c847c (the “smart contract”) and operating in the Binance ecosystem.

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With its maximum limit of 300 billion tokens, the DELOS token is acquired on any platform that has token conversion systems for the BEP-20 (Binance smart chain) network or on decentralized DEX's that exchange in any other token within the network .

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With their BNB pair, Binance token, the buyer (“holder”) will leave their BNB stored on Pancakeswap (or other platforms in the future) and will receive the equivalent in DELOS.

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For sale, the process is reversed.

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The transaction fees are 7%, both buying and selling, will be explained below.

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There is also the secondary DELOS token exchange market, the so-called P2P.

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DELOS Token has some mechanisms to improve the health of the token and reduce inflationary effects, they are: ​

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  • Burn: Part of the Delos Defi token transactions are withdrawn from circulation and forwarded to a specific wallet. The purpose of this mechanism is to increase token scarcity and reduce the inflationary effect.

  • Anti-rug pull: The initial Liquidity acquired in the pre-sale process was locked* for 5 years on the DXSale platform, with the objective that even developers cannot withdraw the coins from the market, it is also locked** for a period of 18 months the DEV's private wallet so that even if someone decides to leave the project, they won't sell their coins.

  • Anti-whale: Smart Contract does not allow transactions that cause more than a 10% difference in token liquidity, so purchases that can cause large variation are avoided to avoid large fluctuations in the value of the Delos token.

  • Proof-Of-Stake: Delos DeFi token purchases and sales use the Proof of Stake consensus mechanism, which uses the number of tokens submitted by users as the central criterion to determine which one will be the verifier for each transaction. It is a criterion that prioritizes users who have the most significant participation in the token ecosystem and avoids the high energy consumption associated with transfers. This mechanism emerged as an alternative to Proof-of-Work, a mechanism originated in blockchain networks, which creates competition between validators, concentrating the validation power in the hands of users with more powerful computers and generating a much higher energy consumption.

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* https://dxsale.app/app/v2_9/dxlockviewid=2565&add=0&type=lpdefi&chain=BSC (Locked Liquidity)

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** https://dxsale.app/app/v2_9/dxlockviewid=0&add=0x748D45ffeF4974D6161e0536f1524A3B7457c5d4&type=tokenlock&chain=BSC  (Dev. wallet locked)

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​ Distribution and Redistribution

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300,000,000.000 Delos Defi tokens were generated, where 18,666.666,620 were made available for Dx Sale to organize the sale.

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Of these, DX Sale is an administration fee with 1 BNB paid in advance plus 2% of Tokens sold + 2% of BNB collected.

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Pre-sale values were 133,333,333 DELOS per BNB.

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Initial Liquidity was 8,711,111,024, where launch values were 88,888,888 DELOS per BNB.

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At the time, BNB cost, on average, about $490 each.

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Thus, the average release at the time was:

  • Pre-sale: 0.000003 Dollars per delos sold.

  • Launch: 0.0000045 Dollars the launch.

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More pre-sale details:

https://dxsale.app/app/v2_9/defipresale?saleID=2565&chain=BSC

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Once the pre-sales process is completed, each transaction has a fixed rate of 7% on purchases and 7% on sales.

Being transferred to the holder 93% of the net value in Delos (when buying) or in another token (when selling).

Overview:

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  • 4% returns to all holders of the currency (Holders) in the form of BUSD (Stable coin paired in US Dollar following a 1:1 ratio).

  • 2% for a specific wallet to withdraw DELOS tokens from permanent circulation.

  • 1% to increase token liquidity.

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** These values do not include management fees for trading platforms.

 

Fees

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The project has some own and public portfolios with the intention of accumulating the BUSD rates, for exclusive destinations, they are:

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  • Development portfolio with 2.3333% of the total token suply: 7,000,000,000, address: 
    0xfaeb4a eb339c09a372d0ddcff34e0b4312640f8c

  • Marketing portfolio with 1.25% of the total supply of tokens (3,750,000,000), as per address:
    0xf689f8638e0c7f111ced21b7707e62447b822439

  • Developer team portfolio, locked for 18 months, with 1.5% of the total suply (4,500,000,000).

  • Token issue control card, used to enter liquidity pools, varied stakes, exchanges, periodic burnouts and payment of employees who accept Delos. With 30% of the total suply (90,000,000.000); this portfolio does not receive BUSD and will be controlled by the market in the modalities mentioned above.
    Address:
      0x4f4602549250006afbca0f2157c47e877b365aac

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This issue will follow the following rule:

  • Until we have 100b of tokens in circulation and 200b of burned tokens.

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Currently, a total of 150 billion circulation tokens (50%) have been withdrawn.

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With that, the portfolio above serves to control the entry of the other 50 billion in the burning and the rest in circulation as demand.

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This mechanism was designed with the intention of not throwing all tokens in a single way on the market, having no more control over new issues. By controlling its issuance, we will also control the inflation generated and its volatility.

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https://dxsale.app/app/v2_9/dxlockview?id=0&add=0x748D45ffeF4974D6161e0536f1524A3B7457c5d4&type=tokenlock&chain=BSC

(Dev. wallet locked)

 

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Of the Technical Mechanism

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With the development of the business, assets acquired, services sold and sectors reached by the Delos Defi team, it is expected that, in addition to eliminating intermediaries for transactions, it will return value to the token holders (holders).

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In this way, the token will go through some return steps that take into account the maturity of the business over time. Always respecting the proportion of 50% for the token, 40% for the project, 4% for the governance board and 6% for the developers. The steps are:

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  • Market repurchases of currency;

  • Allocation of organic liquidity with the purchase of the DELOS/BNB pair;

  • Resource allocation in pools and/or stakes for coining these values by holders.

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Marketplace with NFT's linked to services, assets and enterprises where each NFT will correspond in rarity and percentage to a part of the business income. Below is an example of an NFT linked to agricultural machinery:

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  1. It will then be subdivided into 1000 (one thousand) NFT's of different rarities:

  • 600 and each will be entitled to 0.02% of the profit generated by the machinery. (12% in total);

  • Another 300 and each entitled to 0.05% (15% in total);

  • Another 70 and each entitled to 0.1% (7%);

  • Another 30 and each one giving the right to 0.5% of the business (15%);

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In this example 1% was allocated to the artist.

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The example above is only intended to explain the mechanism of the fourth phase of the project, it does not correspond to values or rates when they will be launched.

 

governance

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Delos Defi has the governance support of a board called “Defensores Delos”.

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The criteria for joining the board were provided for in pre-sales through the acquisition and holding in custody of the amount of 400,000,000 Delos.

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Being removed from it in case of sale.

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The council serves to help give direction to the project, votes and shares in its paths. Let's see:

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1. What the board can do:

  • Suggest paths to the developer.

  • Vote on directions given by the developer.

  • Request an audit of any move by the developer.

  • Suggest campaigns.

 

2. What the board cannot do:

  • Disrespecting smaller investors.

  • Taking prejudiced attitudes of race, sexual orientation, purchasing power or any other incident, other advisors, developers or investors.

  • Require privileged information considered secret by the developer.

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3. What the board is entitled to:

  • 4% of direct business profit (in addition to holders' profits).

  • Priority access to all public information.

  • Exclusive discounts on future NFT's.

  • Right to vote and suggest project directions in meetings.

  • Exclusive sweepstakes on hit goals.

 

4. What the board must do:

  • Keep 400,000,000 million tokens to a minimum (values can be updated).

  • Defend Delos Defi publicly.

  • Keep the information passed confidential.

 

5. Vacancies:

  • Initially, there will be between 20 and 50 councilors, with the passage of time more vacancies will be opened.

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The aim is to transform Delos into a community- and peer-governed token, thus bringing the Defi environment in its truest form.

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Restrictions

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The Delos Defi token is being created in Binance's blockchain Smart chain, which has a highly decentralized structure, supported by servers located in several countries, and not tied to any specific jurisdiction.

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Delos Defi tokens must not be purchased by individuals or legal entities resident or domiciled in countries or jurisdictions that occasionally restrict the purchase and sale of tokens or require prior registration with government authorities or other formalities for issuing tokens.

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Investors wishing to purchase Delos Defi tokens should inform themselves about the rules that apply to them. When performing the transaction, they implicitly declare that they have performed this verification and that there are no restrictions applicable to the transaction. Such restrictions may be periodically reviewed, depending on the evolution of laws and regulations relating to tokens, as well as those relating to network infrastructure operators, always considering current conditions.

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Notices

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Despite the mechanisms described above, there is no guarantee that the amounts used in the acquisition of the Delos Defi token will be returned, nor that it will be appreciated in the secondary market.

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The Delos Defi token does not grant its holder any promise, title, right to participate or partnership, privilege, prerogative, preference or other right per se enforceable​​ or convertibles, in relation to the share capital of the Developer or the company that will carry out Delos Defi's services and undertakings, nor does it grant voting rights or any other political rights relating to the administration or management of business by the Developer or by the company that will conduct the services and enterprises. The possible and uncertain return that a Delos Defi token holder may have as a result of reselling the Delos Defi token in the secondary market does not result from the efforts of the Developer or third parties, but rather from the supply-demand relationship freely established by the market.

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The Delos defi token is a cryptocurrency like any other and does not represent an investment in a for-profit joint venture.

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Developer may, at its sole discretion and without prior notice, transfer and assign development rights and obligations relating to the Delos Defi token in favor of another company directly or indirectly controlled by Developer or Developer's partners, regardless of the jurisdiction in which the assignee has been incorporated.

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This White Paper may be updated from time to time following the instructions of the strategic roadmap developer, although the developer has no commitment in this regard. All updated versions of this White Paper will be available at: www.delosdefi.com.

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This document is not investment advice.

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Despite the targeted effort in research and reporting by the developer, the absolute truth of the document is not guaranteed. Each investor is responsible for their own research.

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Although the developer undertakes to strive to generate income and profit, it is not mandatory.

Be wary of, beware of, any individual or organization that promises you any guarantee of profit.

Every investment has risks and it is your responsibility to manage them.

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If you do not have the knowledge or ability to do so, it is recommended to look for a qualified professional.

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Scratchs

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The Blockchain technology itself presents risks inherent to its structure, which is still under development. After all, it is a very recent innovation with an abrupt and growing expansion, endowed with unprecedented reach. Therefore, it is essential to carefully analyze the risks associated with any transaction based on blockchain technology, such as acquiring cryptoassets and seeking professional help and advice.

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When purchasing, owning, using and transacting with the Delos Defi token, you are subject to risks, which you must fully assume, exempting the Developer and its partners, administrators, employees and representatives from any and all liability for losses and damages arising therefrom. , for example:

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  • Risk assessment of the purchase of Token Delos by persons without the ability to do so.

  • Risk of loss of access to tokens due to loss of secret words, password, private key(s), escrow, or buyer error.

  • Risks associated with Binance and Pancake Swap protocol.

  • Risk of third-party attacks during validation.

  • Risk of hacker attacks and security weaknesses.

  • Risks associated with the market.

  • Risks associated with regulation.

  • Fiscal risks.

  • Risk of lack of interest in the Delos Defi token.

  • Technological risks.

  • Discontinuity risk.

  • Forecast risk.

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These were some of the main risks raised, there may be others, for any details about them, get in touch with the developer through their official networks.

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Development Team

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We have a prepared team that will spare no effort to make this project a solid token, capable of changing the view of tokenization in the Brazilian market. Seeking more and more to work hard for equity appreciation.

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Click here and meet our team!

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For more information and real-time news follow our social networks. 

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