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        <title>claimpilot.eth</title>
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            <title><![CDATA[Cilistia]]></title>
            <link>https://paragraph.com/@claimpilot/cilistia</link>
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            <pubDate>Sun, 22 Jan 2023 12:09:30 GMT</pubDate>
            <description><![CDATA[For the first time, the concept of “peer-to-peer (P2P) decentralized market” appeared thanks to Cilistia. This cryptocurrency market is a prime example of revenue sharing, which equates to as much as 70%. The main advantage that distinguishes it from a centralized exchange is that the user does not need a 3rd party that performs the role of storage or directly - mediation with the currency. Smart contracts regulate this process to facilitate communication between buyers. When staging a transa...]]></description>
            <content:encoded><![CDATA[<p><strong>For the first time, the concept of “peer-to-peer (P2P) decentralized market” appeared thanks to Cilistia. This cryptocurrency market is a prime example of revenue sharing, which equates to as much as 70%. The main advantage that distinguishes it from a centralized exchange is that the user does not need a 3rd party that performs the role of storage or directly - mediation with the currency. Smart contracts regulate this process to facilitate communication between buyers.</strong></p><p><strong>When staging a transaction, the safety of funds under the secure payment agreement used when concluding sales contracts is ensured until both parties to the procedure declare that the transaction has been completed.</strong></p><p>** **</p><p>At the moment, the most popular type of token is the utility token. It provides access to the company&apos;s services after a specific period of time. For Cilistia, this is $CIL, which performs a number of tasks:</p><ul><li><p>service token of the exchange;</p></li><li><p>pledge;</p></li><li><p>income from staking.</p></li></ul><p>Staking is a specific mechanism that rewards users when they lock their moments. Payment option holders can receive their rewards in both $CIL and ETH.</p><p>** **</p><p>The total amount of $CIL is 5 million. They are divided into the following groups:</p><ul><li><p>20,000 - a strategy for promoting a crypto project;</p></li><li><p>50,000 private sales of Cilistia;</p></li><li><p>50,000 (including ETH) - liquidity;</p></li><li><p>250,000 - partnership and developers of this community;</p></li><li><p>1,000,000 - for investors who are distributed on a linear basis over two years;</p></li><li><p>3,630,000 - staking reward.</p></li></ul><p>The initial position, when only the launch occurs, is 120,000 $CIL.</p><p>The token brings 70% of the income from the exchange when staking, when a participant stakes his tokens, he will receive a percentage for transactions on the market. So Cilistia motivates them to protect the network and get nice bonuses at the same time.</p><p>** **</p><p>The $CIL rate allows sellers to trade 50% of the value of the wagered amount on the market in different currencies. They include: such as ETH, USDC, USDT and WBTC. Any placement of $CIL - attracts people to the market itself. The token can be unlocked and withdrawn - at any convenient time for the user. But it is important to consider that with an existing open transaction within the exchange, withdrawal access is blocked for a week.</p><p>If the seller commits fraudulent manipulations, the wallet address is blacklisted by voting.</p><p>** **</p><p>It is worth noting that there is a minimum price fund in the Cilistia protocol. Its function is to ensure the price of the token is above the designated threshold. Of the income received, 10% goes to the fund. Its action begins activity when the price set in the contract decreases. In the control panel - everyone will be able to independently see the very minimum price.</p><p>** **</p>]]></content:encoded>
            <author>claimpilot@newsletter.paragraph.com (claimpilot.eth)</author>
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