Hello Bancor DAO Community!
From our family here at Sheesha Finance to yours, we hope you had a fantastic holiday season full of festivity and good cheer!
Recently, we have been in discussion about our Sheesha token being listed on the Bancor DEX and we wanted to extend some information your way on who we are, what we do, and why we believe that this proposal would be mutually beneficial. Who knows, we may even convert a few of you into becoming Sheeshans yourselves!
What is Sheesha Finance?
Sheesha Finance offers a decentralized staking platform that provides solutions for crypto portfolio diversification and rewards across the DeFi, GameFi, NFT and Metaverse space, allowing token holders to have early access to some of the highest potential projects in the crypto industry.
We have partnered up with and are working closely with some of the largest venture capital firms focused on specific niche areas and locations to further expand our network’s global reach and pool experience and resources. Sheesha Finance has access to analysts and researchers with years of experience in the project sourcing and incubation business and we work closely with our strategic partners and specialize in leveraging our massive global network and expertise in the start-up investments/VC incubation process to ensure that we source the most promising and highest impact teams, projects and entrepreneurs from around the world in their early stages of business development.
The highest returns on investment are enjoyed by those who invest in high growth projects early and we have a very successful track record investing in and working with highly successful projects such as Splinterlands, Aimedis, Bad Days and MELD. By sourcing these projects in their early stages and providing the investments and resources needed, we gain unique access to early private token sales and seed rounds where we are able to purchase the project’s tokens before they are accessible to the public for fractions of the public sale price. These private seed rounds have traditionally been unavailable to retail investors until Sheesha Finance, and that is one of the biggest drivers behind our success.
Our users stake their Sheesha tokens on our platform and in doing so, we allocate the funds that we have special privileged early access to and pass them on to our community, enabling average crypto users to have special VC firm type early access to tokens before they are launched to the public. This provides our users with the unique ability to enjoy far higher returns on their staking investment than other options that exist within the DeFi space.
How Our Token Listing Benefits Bancor
Our Sheesha token (SHEESHA) has enjoyed great success in terms of adoption and value growth this year. We recently performed a capital raise for our launch on the Polygon network and demand for Sheesha on the Matic network was oversubscribed by 38%. Our liquidity pool currently stands at 1 million dollars, an increase from the 100k it stood at launch. Between the Binance Smart Chain network and Ethereum network we currently have over 5000 users staking tokens since our launch in April of 2021 and our aggressive marketing campaign and global network reach is resulting in a healthy rise in the demand for our tokens. Sheesha Finance is aggressively expanding the business and we expect 2022 to be a very big year for us in terms of both internal growth and user adoption. By listing the Sheesha tokens we are confident that it will drive users to the Bancor platform as demand for the Sheesha tokens continues to grow.
We sincerely appreciate your time and consideration; we hope to see Sheesha tokens available on the Bancor DEX soon.
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