Frequently Asked Questions
Last updated
Last updated
Q: Is this just another Fair Launch Mining Protocol?
A: While TORUS has similarities to Mining Protocols like TitanX, Hyper & Hydra, TORUS is a new innovation on the Fair Launch token distribution model. Typically, when participating in Mining protocols, it is either profitable to Mine the native token to grow your portfolio or you are in a negative ROI situation and must sit and wait for the price to recover. Here is how: TORUS Tokens are earned from the TORUS Pool in addition to the typical tokens Mined by other protocols (Tokens are Created up front in TORUS), which both Stakers and Creators can enter. when the ROI of Creating goes lower than Staking or negative, users can take the tokens they have Created & Earned and Stake them to continue to grow their Token Portfolio. This provides the lowest risk Environment ever seen in the TitanX Ecosystem for users, while providing an opportunity for users to Earn an ROI and grow their portfolio. Q: Can TORUS have a protocol like DragonX build on top of it which harms the profitability for Stakers?
Simple answer: No, the system protects itself from systems like this being built on top of TORUS, harming the ROI of users. More sophisticated answer: You could not build a on Torus, it would cannibalize itself due to the way the system operates. Because TORUS cannot be staked for longer than 88 days, the Protocol would have to continuously pay 5% every 88 days in TitanX or ETH, which would require selling down their existing position to do so in addition to giving up some of its Stake to utilize for a Buy & Burn for this tokens benefit. Because the 5% is based off of current tokens you get for Creating with 100 power, that fee would always be going up tremendously. Especially if a) is expensive and b) It is more profitable to Create instead of Stake.