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Sheep Token Launches Game-Changing Rug Pull Recognition Tool to their Rapidly Growing Community

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Sheep Token Launches Game-Changing Rug Pull Recognition Tool to their Rapidly Growing Community

The decentralized finance (DeFi) market has lost a staggering $113 million as of July 2021. Sheep Token’s Rug-Pull Recognition Tool can detect and ascertain the legitimacy of a crypto project and identify real tokens from scams to protect investors from such losses.

There is no doubt that cryptocurrency has opened new windows of opportunities to all categories of people around the world, from developers to investors/traders of all levels. Today, anyone can make a decent income from anywhere around the world by just trading on newly released coins. They jump in early, ride on the hype to the top, and cash out with some tidy profits.

Unfortunately, the crypto world has been plagued with financial fraud, and more so the DeFi sector. Research has shown that while the overall crypto industry is seeing a reduction in fraud and theft, the DeFi sector is experiencing a surge in fraudulent projects. That is, many projects may be having clear and legitimate goals and objectives. However, a significant number of them are scam projects that target early investors and pull away with all the investments without a trace. You’re highly likely to come across stories online of people sharing how they lost money on such projects.

How does a rug pull work?

The common characteristics of rug pulls are the involvement of malicious owners. However, not all rug pulls are the same. The two types of rug-pulls you’re likely to come across are Liquidity scams and technical manipulation.

In liquidity scams, a rug pull launches a new token, attaches a liquidity pool to it, and presents it for people to start buying the token. Once a good number of people invest in the project by purchasing the newly minted token after they have been promised good returns. The scammers then pull the liquidity pool and run off with the money, leaving the holders with worthless tokens.

Technical manipulation, on the other hand, involves the project developers exploiting the “approve” function of ERC20 tokens. These are the standard tokens used to create and issue smart contracts on the Ethereum blockchain. The token issuers can manipulate this feature to restrict holders from spending the token. A user swapping their token on a DEX is simply approving the smart contract to spend the token. However, a malicious developer will modify the “approve” feature to prevent users from spending their cryptocurrency except for buying the token. The user will proceed to buy the token thinking they can easily sell, convert, or spend in other ways. But shock on them, these options are only available for developers.

Sheep Token’s Rug Pull Detection Tool

Sheep Token has now introduced Rug Pull Detection Tool– a powerful fraud detection tool to help new DeFi investors know whether they are entering a legitimate project or not. The rug pull tool does mainly three things:

  • Analyzes burn addresses to detect retrievable burns: As earlier stated, retrievable burn is one of the ways fraudulent DeFi developers use to defraud investors
  • Assesses the top 5 holders: The tool then measures the top 5 holders and determines the ones that are contracts.  
  • Checks timelock: The tool finally checks timelocks for the liquidity pool to inform you how long your money will stay with them before you can access it.

The whole approach is to ensure you enter into a project you’re familiar with so that you can make an informed decision on your investment goals.

How it works

You simply input Liquidity Pool (LP) contract and click search.

A link to a token LP contract is usually found after displaying the details of the pool on a decentralized exchange (DEX). Clicking the link will take you to BscScan where the pool contract will be displayed on the top.

The tool scans the contracts to detect potential scams to warn you of those projects whose main goal is to steal your money. The tool is designed to catch the most notorious and invisible rug pulls roaming the DeFi projects on the Ethereum network, and ensure that you invest your money only on legit projects.

The Upcoming NFT Marketplace

The art industry is beginning to open up to the digital world, and Sheep Token is not being left behind in the booming industry. The platform plans to launch an exclusive art-based non-fungible token (NFT) marketplace to enable both established and upcoming artists/creators to connect with collectors in a secure blockchain network.

As you may be aware, NFTs as digital assets have existed for years. However, it’s the blockchain and cryptocurrency that have opened NFTs to the world. Sheep Token’s NFTs Marketplace will allow stakeholders to buy and sell art with a unique identity while allowing buyers to own these unique pieces of artwork.

What is Sheep Token?

Sheep Token (SHEEP) is a DeFi protocol that aims to build a strong community of DeFi enthusiasts, giving SHEEP holders numerous opportunities to enjoy the benefits of the growing DeFi space. The generous rewards offered by Sheep Token include the 6% of every transaction being split instantly among token holders and the burn wallet. The approach is meant to reduce supply and reward holders. To increase the value of the token to the benefit of the community of token holders, the Sheep Token protocol burns 3% of every transaction forever and redistributes the remaining 3% to token holders as a reward. The frictionless, yield generating, community-owned token allows holders to earn interests just by holding Sheep Token. The project has been running weekly lotteries with a charitable goal. What’s more? Every giveaway contributes to charity to help those in need. More importantly, Sheep Token is completely safe as it has taken security measures into design and operations, including doxxed developers with live AMA, renounced token contract, audited by Techrate, and has its liquidity locked for 1 year to allow you to buy or sell instantly.  

Final thoughts

The need to curb DeFi scams is long overdue. With the power of community, Sheep Token will bring sanity into the world of DeFi by helping investors identify and recognize scam projects that have dented the image of the industry for many years. The project is already doing a great job in rewarding its SHEEP holders and giving back to the community by supporting projects working to help the underprivileged. As it also plans to launch its NFTs marketplace, Sheep Token is a project to watch as DeFi moves to consolidate its strength in the crypto space.

BUSINESS

Brandmydispo Makes Custom Printed Mylar Bags Fast & Easy

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Brandmydispo Makes Custom Printed Mylar Bags Fast & Easy

At brandmydispo, we sell a wide range of pre-made Mylar bags and accessories, which are always in stock and ready to ship worldwide.

We are also capable of producing Custom Mylar bags to your specifications, regardless of size, color, shape, or thickness.

Mylar bags are increasingly being used as a high-quality and attractive alternative packaging for all types of products. They are lightweight, very strong, and resistant to damage, and effortlessly convey a high-quality image to the customer, instantly adding value to your product.

Once you become aware of Mylar packaging in the everyday world, you will be amazed at the number of products that are packaged inside. Just a few examples include foods and beverages such as potato chips, biltong, chasels, biscuits and biscuits, cooked candies, tea, coffee, juices, energy drinks and protein powders, cosmetic products such as shampoo, conditioner, moisturizer, hair gels, and waxes, electronics, vitamins and supplements, pet food, clothing and accessories, incense and automatic components. This list is (almost) endless.

Brandmydispo has produced custom packaging for many different companies, from small startups to established multinational companies. The minimum order for custom Mylar bags is between 10,000 and 20,000, depending on the size of the bag. We can make bags in any color, shape, size, or specification. Below are some examples of the bags we can produce.

Some features of the bags shown that customers looking for custom packaging may want to consider include:

Size – bags shown range in size from just 8cm x 5.5cm, to 48cm x 61cm, although we can produce bags in almost any size

Design – we can print designs to your exact specifications on the bag. From a color print on one side to a multi-color print on both sides. We also supply plain bags in any color or size, unprinted, if required

Color – a wide range of different colors are available in both the background color of the bag and the printed design. One of the sides, or a small panel, can be transparent to display the content

Gauge – bags of varying thickness can be produced based on customer needs

Technologies – choose between matte or glossy finish

Grip-seal, smooth or child-resistant opening – One of the unique features of Mylar bags is that they can be heat sealed. Grab seals also offer a useful opening mechanism for products that must be accessed frequently. We can also produce bags with child-resistant opening mechanisms, for medicines and pharmaceuticals.

Teardrop category – tear notches allow easy opening without the need for scissors. They also work packaging as evidence of tampering, clearly showing if the container has been opened

Hang hole/hangtag – allow product hanging for easy access and attractive consumer sale

Handle – larger bags or those that can be reused often feature a cutout handle

Gusseted – Gusseted bags allow the bag to stand up when filled, attracting the eye in a retail setting. Very popular with coffee makers

pouring opening – used for beverage and baby food/beverage packaging. Allows straight consumption of the bag

Whatever your packaging needs, Brandmydispo has the experience and knowledge to offer advice and suggestions that will ensure that your product is displayed beautifully and professionally, at the right price for you.

If you have any questions or are looking for an appointment, please do not hesitate to contact us. The information we need to give you an estimate is the number of bags required, the dimensions and thickness of the bag, the type of opening, and the number of different colors in the design.

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BUSINESS

Coles Australia store Locations Guide

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Coles Australia store Locations Guide

 We all need to have information about coles store near us. We always require coles and to have a visit coles store. But sometimes we dont know how to go because we dont have their phone numbers to ask them for a branch location. Suppose you are looking for pieces of information about  Coles near me in Sydney. The branch locator is for you to have all your required information about all coles stores on one platform for your convenience. You can find all the branch’s locations and contact numbers at one click located in Sydney. You can save time.

Here you have all the information about coles stores located in Sydney:

Branch Location of Coles in Sydney

 Sometimes we have to visit the Coles stores in-branch Sydney. If you dont have a branch, how can you go? It will take you more time than you have an exact branch location.

` If you go and ask for branch addresses from others, it will take your time, and may they guide you wrong that increases the length of your journey. The branch locater has all the coles store branch location that will guide you right. So you can go and reduce the chances of wasting your crucial time and energy. You can compare all the branch’s locations and choose that is more near to you and visit. In this way, you will save time and reduce the chances of being more expensive. You can see and do what you want because you do not need to stop anywhere when you have the exact location. And reach at desition without any delay.

Contact numbers

you may need of contact number of coles stores located near to you. You may have to visit, but you don’t know how to find contact numbers. You can have all the coles stores branch numbers with exact location. You can take the number of any coles store branch from the official site of The Branch locator. And visit your nearest branch without any delay and waste of time. Because when you have contact numbers, the half task is done.

 Easy way to find information:

sometimes you need some information when you start seeing it. Many platforms ask you to sign up or register with them to get access to the required information. But with the branch locator, you are not required to do the same. You visit our official site. Everything that you need is available at any time waste.

Conclusion:

In short, as a citizen of Sydney, we need and have queries or have to visit with the coles store branches. Sometimes required a visit but did not have a branch location or contact numbers. The branch locator has all the coles store branches in the list that are located in Sydney.

In simple words, you can have all the information like coles stores branch name, branch location., and working hours on one platform. It will save your time and energy. It is simple to visit The branch locator official site for all the information regarding the coles store branches located in Sydney.

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BUSINESS

TradeFX Review – Is it Scam or Legit?

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TradeFX Review - Is it Scam or Legit?

Are you looking for an honest review on a well-known review site, TradeFX? If so, you are at the right site because we have arranged a complete and honest TradeFX review in this article. Go through this article completely to get the best answer to your answers.

Are you looking for a site where you can find the best reviews about different forex brokers and FX sites? If yes, then TradeFX is perfect for you because you will get every information you should know about forex trading as a beginner, especially in South Africa. 

So, let’s dig into the topic to know more about TradeFX:   

Introduction to TradeFX

FX trading in South Africa is turning out to be incredibly well known, opening the entryway for tricksters and temporary agents to exploit weak brokers. TradeFX is a non-inclination Forex Broker survey site in South Africa zeroed in on compensating reasonable exchanging. 

They audit dealers dependent on severe models that matter most to brokers. As per them, they have made a stage to instruct and prevent individuals from getting scammed. 

Problems of Review Websites 

There are many sites on the internet that are made to facilitate people by reviewing different things. That is how people know the quality of the item is before buying it or before using it. But now, many of the review sites are writing reviews that are paid by the company on which they are writing. So, it has become challenging for people to find the best site that gives honest reviews. 

TradeFX as a Review Website

TradeFX is one of those few websites that work for people indeed by providing them with genuine and honest reviews. TradeFX is a branch and a brand name of TFX Online (Pty) Ltd (Registration No. 2021/713904/07). Registration is given here and on their website as well so that you can check whether the site is working legally or not. Well, you don’t need to bother about it because we had done it before and got that TradeFX is an entirely legit source of information in the form of reviews.

Vision of TradeFX

According to the creators of this helpful website, they have created this kind of website to help new people with their experience. They have years of experience in foreign exchange, crypto, general finance, and business. They want new people to be as much aware as they should help themselves in the above fields. 

Forex trading is on the top of the list when we talk about the main topics that TradeFX covers to help people. According to them, if you are a forex trader, this website is perfect for you because professional and experienced traders created it. They also value feedbacks of their users. 

The Bottom Line

As stated above, if you are a trader, especially a forex trader, this site is perfect for you. But suppose you are not a trader. Are you a writer who can write on different topics like foreign exchange, crypto, general finance, and business? In that case, you can write for TradeFX. For that, you have to go to their website and then the “Contact Us” page. 

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