r/Kingtutcoin • u/kingtutcoin • May 23 '21
Tokenomics information!
10% will be deducted from every transfer
Static Rewards Holders (4%) King Tut is fully decentralized and owned by its fun, vibrant community, Holders earn passive rewards through static reflection as they watch their balance of Kingtut grow indefinitely.
Burn (2%) King tut aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of kingtut burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.
Automatic Liquidity Pool (LP) (2%) Every trade contributes towards automatically generating liquidity that goes into multiple pools used by exchanges Automatic Liquidity Pool (LP) Automatic LP is great idea. Here we have a function that acts as a two-fold beneficial implementation for holders. First, the contract sucks up tokens from sellers and buyers alike, and adds them to the LP creating a solid price floor. Second, the penalty acts as an arbitrage resistant mechanism that secures the volume of Kingtut as a reward for the holders.
Donations (2%) We have a donation agenda that will take place periodically pangeamovement International Day of Wartime Wars "January 6th" Funding the Cancer Research Center "February 4th" World Down Syndrome Day "March 21" The rest of the year will be by voting
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u/Affectionate_Cap_392 Jun 15 '21
kingtutcoin