Welcome to LasseCash
We are rewarding anarchy, crypto and truth content.
LasseCash is a cryptocurrency with zero fees and 3 second transactions, social media with rewards which is censorship resistant and a NFT platform. All of this is an economy that rewards Anarchy, Crypto and Truth. In blockchain we trust.
Proof of brain rewards
The basic reward system is "proof of brain" blogging, whereas you can earn LASSECASH and LASSECASH POWER for creating blog posts on LasseCash. We have tweaked the parametres of the Scot.Bot. to be better than Hive and better than competing tribes and OUTPOSTs. All text is stored on the Hive blockchain and is theirfore censorship resistant.
The powerdown time is 26 payments every 7 day over 6 months, this is made to incentivize longterm mentality. Furthermore the payout ratio on blog posts are 90% LASSECASH POWER and 10% LASSECASH, this is another huge difference from Hive, other tribes and other OUTPOSTs.
Diesel pool rewards
If you provide liquidity for the SWAP.HIVE:LASSECASH pool, you will earn Diesel pool rewards. We aim at providing high rewards on our pool, in a stabile and responsible way.
Diesel pool rewards are paid out every day, depending on how much liquidity you provide to the SWAP.HIVE/LASSECASH pool. The share procentage you have of the total liquidity will decide the share of the daily liquidity rewards.
There is a bonus applied for long term liquidity providers. You get 1% extra per day you hold the liquidity in the contract, up till 30 days. If you hold longer then 30 days, you will get 30% extra rewards each day. In other words, when you provide liquidity long term, you get more rewards.
NFT platform (Works, but work in progress, for more info watch this: https://www.lassecash.com/@lasseehlers/a-few-important-notes-about-the-lassecash-nft-platform-it-still-work-in-progress )
LasseCash also enables you to mint your own NFTs. We prefer NFTs that contain or relate to anarchy, crypto and/or truth content, but other themes are also welcomed. You have to apply to be whitelisted and we usually respond fast. There are terms in place, if you violate those terms you can be blacklisted with no refund. We aim at providing the best NFT platform in the whole cryptocurrency market.
A NFT on LasseCash can be an image, an audio file or a video file. This is quite unique, most other NFT platforms dont provide all three options at the same time.
The first edition costs 1000 LASSECASH and each additional edition costs 100 LASSECASH. There is a 1% fee for trading NFTs on LasseCash. NFTs minted on LasseCash can also be sold on Openhive.
Inflation in LasseCash is decided by Lasse Ehlers, as the leader of the OUTPOST. He aim at only changing the inflation ones a year, but if nessesary it can be done at all times. Changes will always be announced in a post on the blockchain, so there is always full transparency, as there has been since the beginning of this product.
Max 51 million tokens ever.
We are keeping the 20 million LASSECASH for the first 10 years and 20 million LASSECASH forever thereafter, it has been like that since the beginning. Since the inflation is lower then 2 million per year until now, we are considering a BIGPAYDAY maybe at the 10 years mark for the top 100 or top 1000 LASSECASH POWER holders, for the remaining inflation up till 20 million, this is just an idea, which is subject to change. Even we have probably one of the lowest inflations and a low hardcap at 51 million, there are plenty of room to be creative in the future.
Lasse Ehlers as leader of LasseCash
Even though LasseCash has been build by Hive Engine and Lasse Ehlers only is a symbolic figure, then Lasse Ehlers is naturally the leader of the LasseCash OUTPOST and will be the one to resolve any potential dispute or drama, since he will always have the biggest stake.
What happens if Lasse Ehlers dies prematurely?
The system-state could be airdroped on to a new OUTPOST, with a new leader and a new name, but the same token distribution and system-state. Its up to the community to find a new leader fit for running a new OUTPOST with a new name and airdroped system-state over to that new OUTPOST.
LasseCash is GREEN ENERGY
All LasseCash services runs on very little resources and very little power consumption, the energy consumption for extreme numbers of capacity is similar to one modern households yearly consumption. In comparison is Bitcoin's energy consumption roughly equivalent to the annual energy draw of small countries like Malaysia or Sweden. In other words LasseCash is prepared for a green future since day 1.
Expect no profit of the work of others. Invest and use at your own risk.