SHEESHA FINANCE

What is Crypto Currency

Before diving into what sheesha finance is we need to talk about some basic core terms . so let’s start with what crypto currency is

cryptocurrency is a digital or virtual currency that is protected by encryption, making counterfeiting and double-spending practically impossible. Many cryptocurrencies are built on blockchain technology, which is a distributed ledger enforced by a distributed network of computers. Cryptocurrencies are distinguished by the fact that they are not issued by any central authority, making them potentially impervious to government intervention or manipulation.

WHAT IS DEFI

Imagine going to a bank to make a deposit and it takes you hours to queue and also fill lot of forms before the deposit can be done (What is it was an emergency ) well we have lived in a centralized system for long have to do things with the aid of “Middle Men/Bodies” but with the aid of a decentralized finance system (Defi) this hassle is coming to an end. Now this leads me to the topic What is Defi

Decentralized finance (also known as DeFi) is a blockchain-based style of finance that relies on smart contracts on blockchains like Ethereum rather than central financial intermediaries like brokerages, exchanges, or banks to deliver traditional financial instruments. DeFi platforms let people to lend or borrow money from others, trade cryptocurrencies, insure themselves against risks, and earn money in savings accounts. DeFi employs a layered architecture and highly composable construction components. Several DeFi programs promise high interest rates, however they come with a huge risk. and a good example of a leading Project in the world of Defi is Sheesha Finance so let’s talk a little about Sheesha Finance

What is Sheesha Finance

Sheesha Finance is a decentralized mutual fund that offers high crypto portfolio diversification and rewards through a single platform.
Sheesha Finance is dedicated to provide the most comprehensive DeFi solution in the cryptocurrency world. By staking their $SHEESHA tokens on the Sheesha Finance platform, investors will be able to receive value from a diverse range of high-profile projects with ease.

Participating in a liquidity generating event, such as Sheesha Finance, is a simple process. Anyone can participate in this event by donating ETH/BNB and receiving a piece of the Liquidity Provision (LP) tokens in return. These tokens can and should be staked for a variety of reasons.

Sheesha Finance has been in development for several months, and they are nearing their LGEs. The LGEs will run for 2 and allow people to contribute ETH/BNB in return for LP tokens. The LGEs ensure that there is enough liquidity on Uniswap/PancakeSwap when needed.‌

15,000 tokens on both the Ethereum Blockchain and Binance Smart Chain (or 15% of the total supply) are dedicated to the LGEs. This allows for the determination of the base price of Sheesha Finance native tokens as the LGEs once the LGEs are complete.