Sheesha Finance- Your Stake in the Tokenized World
Sheesha Finance is a community effort to provide liquidity to the tokenized world in exchange for a stake in its future.
Sheesha Finance NFT Created by our Art Ambassador: Vesa Kivinen
Disclaimers and Forward-Looking Statements:
This document may contain “forward-looking statements” with respect to the SHEESHA token and the SHEESHA Liquidity Generation Events, results of operations, plans, objectives, future performance and business. Statements preceded by, followed by or that include words such as “may,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or similar expressions are intended to identify some of the forward-looking statements.
All statements (other than statements of historical fact) included in this document that addresses activities, events, or developments that will or may occur in the future, including the Sheesha Finance Co-operative plans and references to future success and other similar matters are forward-looking statements. These statements are only predictions. Actual events or results may differ materially. These statements are based upon certain assumptions and analyses that the Sheesha Finance Co-operative made based on its perception of historical trends, current conditions, and expected future developments, as well as other factors appropriate in the circumstances.
Whether or not actual results and developments will conform to the Sheesha Finance Co-operative’s expectations and predictions, however, is subject to a number of risks and uncertainties, including the special considerations discussed in this document, general economic, market and business conditions, changes in laws or regulations, including those concerning taxes, made by governmental authorities or regulatory bodies, and other world economic and political developments.
Consequently, all forward-looking statements made in this document are qualified by these cautionary statements, and there can be no assurance that the actual results or developments the Sheesha Finance Co-operative anticipates will be realized or, even if substantially realized, that they will result in the expected consequences to, or have the expected effects on, its operations or the value of the services it offers. Moreover, neither the Sheesha Finance Co-operative nor any other person assumes responsibility for the accuracy or completeness of the forward-looking statements. The Sheesha Finance Co-operative is not under a duty to update any of the forward-looking statements to conform such statements to actual results or to reflect a change in the Sheesha Finance Co-operative’s expectations or predictions.
Lastly, there are risks associated with the use of blockchain token technology for the SHEESHA Liquidity Generation Events, and the purchase of SHEESHA generally. All Purchasers agree that they are aware that this document and related documents cannot disclose all information about all potential risks due to a variety of possible situations.
Issuer…………………. Sheesha Finance
Token Name…………. SHEESHA
Supply………………… 100,000 SHEESHA (ERC20)
100,000 SHEESHA (BNB20)
Structure……………… Total SHEESHA will decrease in the long term as a portion of the tokens will be burnt (retired from circulation).
Activity Description… The creation of liquidity pairs with Ethereum and Binance to stake and swap for other tokens, resulting in market-making trading fees returns, interest over holding and a portfolio of tokenized projects.
Token Utility………….. A membership token in the Sheesha Finance co-operative entitling its holders to specific rights and benefits.
Long Term Goal………. The creation of a decentralized autonomous organization to govern the Co-Operative’s decision and to be the liquidity pair of choice for tokenized projects.
LGE Details…………. LGEs Start Friday 26 March, 2021, and end on April 8, 2021. 15,000 SHEESHA will be provided on both the Binance Smart Chain and the Ethereum Chain.
Sheesha Finance is a project that came about after having witnessed the explosion of Decentralized Finance (DeFi) over the past year. We witnessed what worked and what didn’t from a hands-on approach. With Sheesha Finance, our aim is to solve the problems we encountered in a unique, easy to participate in, community-driven and fair manner.
One of the key failures witnessed was the inability of tokenized projects to get liquidity on secondary markets. They spent an enormous amount of time and money with exchanges, market-makers, marketers so their investors could feel safe that their investments were not stuck in thinly traded tokens. This friction prevented or delayed many from growing amazing, unstoppable companies.
We wanted to fix that with SHEESHA, our native token. Our first goal is to create a strong ETH and BNB liquidity pair, which then allows SHEESHA to pair or be swapped with other tokenized projects, thereby achieving the goal of funding them by making our paired partnership on secondary markets liquid. Traders can then buy their tokens with SHEESHA or convert their tokens to SHEESHA, ETH, BNB and the fiat world. In exchange, they give provide SHEESHA holders in their future by rewarding them with their tokens.
SHEESHA holders get to have a front-row seat to grabbing commercial opportunities from the growth of the industry. More, they can earn interest (SHEESHA), market-making fees, and a balanced portfolio in the ETH or BNB ecosystem (and late, many more). In order to achieve this, we gathered leaders and experts, and the OGs in the space to guide this process. LGE participants are rewarded with a specific interest rewards pool for their support and belief in our project.
The importance of the community can’t be underestimated in our journey. For this reason, as we build Sheesha Finance into a robust enterprise we intend to devolve all decisions making to through a decentralized autonomous organization, of which our team will be a part of to provide sound advice.
We can’t wait to work to taste the different flavors of the tokenized world together.
“We’re crowdfunding a liquid crypto-currency to stake and swap with tokenized projects. This helps them focus on building their businesses and boost innovation in the space. In return, SHEESHA holders get trading fees from market-making activities, interest on their SHEESHA holdings, and the custody of those tokens themselves.”- Saeed Al Darmaki, Sheesha Finance Founder.
About Sheesha Finance
Sheesha Finance is a leading decentralized DeFi Staking Platform allowing for premium cryptocurrency portfolio diversification and rewards. Sheesha Finance rewards investors of any size, from small to large ticket holders, with unlimited DeFi tokens from a diversified portfolio of projects. Sheesha Finance’s easily convertible assets can be freely utilized to maximize rewards and gain exposure to existing and upcoming DeFi projects. With plans to become a member-managed Decentralised Autonomous Organization (DAO), Sheesha Finance is dedicated to upholding full transparency and integrity within the DeFi space.
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