Hello fellow pirates, your wealthy pirate here, updating you on the recent launch of the THOREUM Token that promises static rewards from reflection on every transaction made with this token, constant burning tokens AND the possibility to stake the coin to farm even more of it.

The basics are covered roughly in my previous POST. Further detailed information can be found on their website Thoreum.finance.

What Happened In The Last 14 Hours Since The Token Lauch?

Right after opening the exchange to swap the presale token (THOREUMPRE) for the newly created real token (THOREUM) and burning 60% of said created tokens, Thoreum opened up first their Thunder farm where THOREUM can be staked to earn WBNB and an hour later opened all other farms where BNB, BTC, ETH, UNI, DOGE, ADA and more can be staked to earn the platform native token THOREUM at an incredible rate APR-wise.
THOREUM itself can also be used in it's own pool to farm more THOREUM at a rate of 3450% APR, while other tokens give a 300%(WBNB) to 1000%(LINK) APR return.

The Token stands at 10 million market cap right now, having experienced a quick selloff of it's tokens from early buy ins, making paper hands nervous and rushing into a down spiral. At time of writing it consolidates at a price around 0,0055$ with likely tendency to go up. Buying now is even cheaper than at launch, which makes me happy I only invested a couple of bucks as gambling money. A wise pirate doesn't waste all of his fortune in one night 😉

Whoever wishes to try out the THOREUM token and it's high staking APR, please consider using my REFFERAL LINK and help this fellow crypto pirate to earn a buck, with no costs to you, in exchange for the handed information. Also, do your research on it first before investing.

How Do Such High APR's Work?

Only the minority of tokens (1/10) gets to be sold via exchanges like pancake swap while all other tokens that are in circulation (1,330,000,000) will have to be mined through liquidity mining at their farms. It is the farmers reward for providing liquidity. After all token are mined and in circulation, only the option to buy the token remains as there won't be any more tokens minted in the future. To mine the token with such high APR's is only possible now. Here is an overview as to how the tokens were used since launch:

If you want more information on this token and take a look at it's farms head over to Thoreum.finance yourself and take a look arround.

There will be updates in the future on Thoreum and it's development (though not on a daily basis anymore), so stay tuned! Hit that like but to, if you liked this article. Share some coin with your wealthy pirate by using the tipp bar 💰 and consider following my posts if you want more infos on altcoins such as THOREUM.