Description
Luder Protocol is a token with a decentralized and automated lottery dynamics within the contract itself. This implementation is carried out on the Binance Smart Chain network following the BEP-20 standard.
The token contract charges a tax for each purchase (6%) or sale (9%) transaction on the DEX, then it swaps to BNB and sends a corresponding percentage to a subcontract that is responsible for accumulating the lottery prizes, when the accumulated amount in this subcontract equals or exceeds 0.3 BNB, the token contract executes the lottery function and chooses an address, randomly, of a $LUDER token holder who has the minimum amount of tokens to participate in the lottery (100,000 $LUDER) and sends the funds accumulated in the lottery subcontract to them.
The Luder Protocol lottery system uses Chainlink's VRF v2 technology to randomly select the winners of the automated lottery.
Chainlink's VRF technology allows for the generation of randomness within a smart contract, in this case to ensure that the results of the lottery are unpredictable and fair. This means that Luder Protocol participants can be sure that they have the same chance of winning.
In addition, by using Chainlink's VRF technology, Luder Protocol takes measures to ensure the transparency and reliability of the lottery system. All results and randomness seeds are verifiable and stored in public variables within the token contract, which means that anyone can verify the randomness of the results at any time.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Luder Protocol has established itself as a formidable player. It is currently ranked #707 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Luder Protocol as a viable digital asset.
Buy & Sell Taxes
When trading Luder Protocol, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for Luder Protocol is 0.06%, 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 Luder Protocol consist of a total supply of 100,000,000 tokens, out of which 47,060,492 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 Luder Protocol 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 Luder Protocol, 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 Luder Protocol 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.
