Description
The iLayer token will be the first project on the iLayer ecosystem and will have a 5% Buy-back tax on each transaction which will be locked in the contract and be used to allow buy-back of some of the tokens whenever a sell occurs.
The iLayer team specifically chose the buy-back concept and not the BNB rewards or autonomous token yield for the iLayer token because we believe it will be the most beneficial to the community and will allow long term growth. With the massive taxes being paid into iLayer by the ecosystem, 21% by phase 3, one can image how large the iLayer buy-back power will become, unlike other buy-back tokens who have a limited amount being generated for their buy-back wallet.
On top of the 5% buy-back, there will also be a 4% tax of every transaction which will be redistributed to every holder, thereby increasing every holders wallet without staking.
A 2% tax will also apply for the marketing wallet which will allow the team to continue an ongoing and sustained marketing campaign.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, iLayer has established itself as a formidable player. It is currently ranked #7,704 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in iLayer as a viable digital asset.
Buy & Sell Taxes
When trading iLayer, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for iLayer is 0.04%, while the sell tax is 0.00%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of iLayer consist of a total supply of 100,000,000,000,000,000 tokens, out of which 102,140,638,502,743 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your iLayer tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade iLayer, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in iLayer with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
