16 March, 2022
Sphere Finance aims to do governance acquisitions using a treasury amassed by investors, for investors. The profits from the investments are then sent to investors as dividends in the form of the $SPHERE token every 30 minutes, 48 times a day. The treasury is amassed through taxes that users agree to pay for buying, selling & transferring their tokens, including the "Dynamic" tax, an additional tax for every % of the LP that you hold and sell on a transactional basis. Later, the project will take the form of an index fund, like an S&P 500 of crypto.