ESB Finance whitepaper

Overview

At ESB Finance we provide high quality investment opportunities especially targeted towards insitutional investors and high net-worth individuals who want to take advantage of the evergrowing world that’s DeFi.

By staking $ESB on our platform into one of our three investment pools, you will be ablée to earn passive income on your cryptocurrencies.

Tokenomics

• ESB Token will go by $ESB
• Initial supply of $ESB will be 1,000,000
• The MAX supply of $ESB will be 100,000,000

APY

The APY earned will vary on two factors:

• The pool that you chose;
• The amount of money you decided to put into said pool.

There are going to be three pools:

• A high risk- reward pool, with an APY of around 80,000%*
• A medium risk pool, with an APY of around 780%*
• A low risk pool, with an APY of around 10%*

Treasury and Team fees have already been deducted

Fees/ Taxes

The amount of fees taken depends on the pool, in fact

• We won’t take any fee on the low risk pool
• We will take a 6 % fee on the profits made in the medium pool
• We will take a 6 % fee on the profits of the high risk- reward pool

Treasury

We will put 5 % of the profits of every pool into our Treasury. In 2023, as seen on our roadmap, we will launch ESB DAO, wich will give $ESB holders the possibility to vote on the projects and the investments funded with the treasury. Until then, the Treasury will be managed by the ESB team.

The team

The fees that we make will be used for

• Marketing- creating new strategies and growing our customer’s number
• Paying the infrastructure needed to run ESB Finance (servers, domain costs, employees, fees on our side, lawyers, …)
• Growing our team