What is Vanilla Network?
The vanilla network is a deflationary ERC-20 token with decentralized finance driven by blockchain technology. It uses blockchain technology with a vision to produce the first community-driven betting and staking platform in which the house no longer wins. The vanilla network offers a vanilla product that is complicated behind the scenes but simplistic and easy to understand for the users. Every transaction performed on the network incurs a 5% burn fee which helps in the reduction of supply and combats inflation.
How is Vanilla Network different from others?
The Defi and blockchain theory is available on multiple platforms. However, majority platforms believe that generating a token with scarce supply and anti-inflationary nature produces an
immediate return on investment. The vanilla network has proved that it isn’t true.
Fundamental economics relies on two things — Demand and Supply.
The vanilla network differs from others as its main focus is on generating demand. They plan to release betting dApps that will appeal to all kinds of users, therefore, generating consumer demand. The community fund is being funded and replenished by wins and losses in the betting dApps. It is much like the ‘house’ of a casino. However, the funds belong to the community members and not the owners. The platform will be fully automated, and there will be zero rakes.
Keep checking this space for more information about the Vanilla Network!!
Visit https://vanilla.network/ to know more!
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