Day trading is not for everyone. It requires a commitment and constant effort to succeed. The practice of staking is very popular among crypto-lovers who like to purchase coins and store them in their wallets.

Many different uses of blockchain technology are now possible. This review will discuss one such project. With the goal of becoming a secure asset-backed with (ETH), Finance was created.

The project’s team has recently launched its own token on the market. We will be following the development of this initiative closely.

Table of contents

• How do you define shortage.finance?
  • RTG token
  • Locking liquidity is a waste of time.
  • The holding mechanism
  • Concerning the floor price
• How do you get started with Shortage.Finance?
  • How to create a wallet
  • Your wallet funding
  • Trading & holding
• More about the team
• Final thoughts

How do you define shortage.finance?

A new initiative called Shortage.Finance targets crypto enthusiasts who value long-term trades over short-term speculation. In order to do so, the project’s development team is working on the realization of a safe asset-backed by Ethereum.

The following summarizes its major features:

RTG token

Only a few short days ago, RTG token officially appeared on V2. The coin’s starting price was $0.00002545. At the time of writing the coin had reached $0.00042801, a gain of +1,581% within a matter days.

Of course, as the project’s owners remind us, one should not see Shortage.Finance as a short-term type of investment. It is normal to speculate on new coins, but the long-term market trends will be more stable.

RTG currently has 2 Bln coins in total, and its liquidity remains unaltered for ever.

Locking liquidity is a waste of time.

Many crypto projects launched by untrustworthy developers are not all. Readers may have been familiar with the rug pull phenomenon. There have been instances in the past when new coins entered the market to collect funds but then disappeared quickly leaving investors without any money.

Blockchain industry project managers are working hard to improve investor protection. It is because of this that we are increasingly seeing cases in which project owners have taken their crypto liquidity and locked it away.

The holding mechanism

RTG transactions are subject to a 10% transaction fee. This is in addition to the redistribution of token owners. Keep in mind, tokenomics uses a 50/50 system of burning. This means that half the liquidity has been burned and half remains available for exchange and distribution.

The fee paid is only 50% and is not sent to holders. Half of it is burned.

Concerning the floor price

Every RTG token that is purchased on the exchange market will be instantly replaced with Ethereum at the current exchange rate. A portion of the transaction, as per the 50/50 method previously described is sent to an ETH burn wallet.

From a mathematical perspective, therefore, the amount of ETH that is in the system will always be more than sufficient to offset the selling liquidity. The system has the goal of increasing RTG prices after every transaction.

This means that the RTG network is supported by a steadily increasing non-withdrawable supply of ETH.

How do you get started with Shortage.Finance?

Anybody can join the project community by using all available channels, including Telegram (NYSE:), Twitter (NYSE:), and Reddit. Below are the steps required to start Shortage.

An easy way to make a wallet

A number of online P2P and exchange networks offer the option to open a cryptocurrency wallet. This is the most important prerogative that anyone can have in order to participate in the project.

Your wallet funding

There are cryptocurrency exchanges that offer the opportunity to purchase ETH. Traders need to put ETH in their wallets.

Trading & holding

Uniswap makes it possible to sell or buy RTG online. Anyone can increase the amount of RTG they have by holding RTG according to the above mechanism.

More about the team

Shortage.Finance’s founding team exists, but it actually has no control over the project. Developers have made an ingenious move to lock away liquidity and smart contract ownership at a dead address.

Final thoughts

RTG was holding 20 token holders as of the date this post was published. To bring a secure-backed token on the market, the whole system depends on its self-backing algorithm and the use of ETH. Projects like Shortage can be a valuable resource for crypto-lovers who may experience frustration in a volatile market.

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