描述
Cooter King Token is a Binance Smart Chain, Community-Driven, Meme-Based Deflationary
Token that seeks to facilitate conservation of wildlife while providing its users with a reliable
crypto-token that enables them to earn through staking/holding rewards. Some of the key features
of Cooter King Token include
Staking/Reflections
Cooter King Token platform allows users to earn through staking rewards only. These rewards are
also known as reflections. For every transaction, 5 percent of the transaction fee is re-distributed
to current token holders. The longer the tokens are held, the more tokens are earned. This earning
model protects the platform from oversupply of tokens, which leads to token devaluation.
Token Burn
Token burn is another approach Cooter King Token employs to regulate the supply of tokens in the market. At launch, about 80 percent of the tokens will be manually burned. After that,1 percent of each transaction fee will be sent to a dead wallet for burning. Token burning and staking rewards are two key strategies used by Cooter King Token to manage devaluation. Liquidity Pool At launch, 10 quadrillion tokens will be minted, and 8 quadrillion tokens will be burned. These figures have been carefully structured to hamper traders from rug pull caused by removed liquidity. 2 percent of every transaction fee will be automatically added to the liquidity pool. Increasing the liquidity pool will push the price value of the token higher which will prevent price slippages and protect the market from transaction delays. (Please see ?Token use case? for more liquidity details] Wildlife Support Cooter King Token recognizes the significance of the environment and wildlife in the global ecosystem.
