Splash Network is a token and decentralized network that adds a unique charitable twist to the DeFi sector. Specifically, a small portion of every transaction fee goes to a charitable wallet address. SPLASH token holders can then vote on the best humanitarian projects to spend the funds on. Notably, the Splash Network is among the first charity-based protocols to enter the Binance Smart Chain ecosystem.

Entering the Market with a Splash

The Splash Network recently concluded its pre-sale after hitting the hardcap ahead of schedule. The event saw participation from a variety of international participants. This momentum carried into the launch of the platform's liquidity pool on PancakeSwap this week.

Liquidity Strategies

The developers behind the Splash Network have integrated some unique strategies to ensure that the project is not shy of liquidity moving forward. For one, the decision to host the platform on PancakeSwap makes sense. The DEX is the largest platform on the BSC. As such, it serves as the primary on-ramp into the BSC ecosystem. SPLASH token holders now have access to this deep liquidity.

Locked Liquidity

The liquidity from the Splash Network's LP is to remain untouched for five years. The developers have locked these funds in an effort to demonstrate their long-term goals for the project. Liquidity locked investments are preferred by many investors because it eliminates the chance of rug-pulls. Sadly, rug-pulls have become a real concern for the DeFi sector in recent months. Splash Network users avoid these issues.

A Different Technical Approach

The Splash Network differs from the competition in a couple of interesting ways. For one, the platform lives on the BSC. The BSC is a fourth-generation blockchain that supports all the latest DeFi features. Many of these features, such as staking are already a core process of the Splash Network. There are financial benefits gained by using the BSC instead of Ethereum.

The BSC is faster and more efficient. The platform can scale better and requires less energy to secure. In comparison, Ethereum DeFi platforms continue to suffer as the blockchain has reached all-time high gas fees. Gas is the cost of executing smart contracts on the Ethereum blockchain. These fees have pushed many investors and developers to new blockchains such as the BSC.

Security First

The Splash Network has already completed its first third-party audits. The well-known security firm, Solidity Finance conducted the tests. The network passed all processes. The developers have chosen to make these available to the public to promote transparency within the community.

Charity Mission

One of the best parts about the Splash Network is its charity pool. The platform takes 2% of every transaction and donates it to charity. Keenly, the more users on the network, the more funds sent to the charity pool. Notably, the pool already features a variety of vetted organizations. Additionally, SPLASH token holders can propose new groups via the voting protocol.

Whales Make a Difference

The developers behind the Splash Network wanted to entice some whales to the platform. They accomplish this task in a variety of ways. For one, they cater to existing whales via their gem features. Gems are projects that demonstrate high ROI potential. There are multiple whale-exclusive groups regarding the best gems within the Splash Network's social media presence. To join these groups you will need to hold a certain amount of SPLASH.

Make Your Own Whales

Rather than pinning all their hopes on a flood of whale investors, the developers have also introduced some tools to help regular investors trade like whales. The Whale School provides investors with a plethora of knowledge and insight into whale trading strategies and practices You will learn vital skills like buy and sell signals, how to avoid a whale dump, and how to determine what platforms are gems.

Mobile Apps on the Way

According to Splash Network's roadmap, the developers have a lot more in store for the community throughout 2021. The launch of the network’s mobile apps is scheduled for Q3. These new features will coincide with the project’s first centralized exchange (CEX) listings. Together these events should help to drive more interest in the project.

The Splash Network System

Splash Network users gain access to passive income via the network's DeFi staking protocol. Staking protocols simplify the profit-earning process for new investors in multiple ways. Staking rewards are more consistent than profits earned from trading for many reasons. Primarily, you don’t need to spend time researching and monitoring the market when your stake and there is far less chance of loss.

Three Core Processes

There are three core processes that occur on every Splash Network transaction. These systems help to keep the project functioning in a profitable and charitable manner. First, 5% of the fees go directly back to the community via staking rewards. This strategy helps to bolster the demand for SPLASH tokens.

Next, a percentage of the fees are sent to the project's liquidity pool. Since this pool is locked for five years, these funds are set to grow alongside the network. This growth in liquidity will help to drive SPLASH values higher as well.

Lastly, 2% of every transaction is sent to the charity pool. All of these processes are automated and require no human interaction to complete. Additionally, your staking rewards are paid out via smart contracts.

A Growing Community

The Splash Network has already seen considerable growth since its pre-sale. The network hosts active social media, telegram, and discord channels to help you get answers to your questions directly from developers. Best of all, the community governance mechanism ensures you can vote on all vital upgrades to the network. The community has the final say on items such as the fee structure, charitable causes, token burns, and the addition of more liquidity pools

The Splash Network Brings Goodwill to the BSC Community

For those seeking a project that does more than just provide economic features, the Splash Network is worth a glance. The protocol offers a secure UX and access to popular DeFi features. These options, combined with its charitable aspects, make it a unique platform within the BSC community.

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