Web-site - https://linktr.ee/elephant_money
https://linktr.ee/elephant_money
Information :
The platform was created by Bankteller lead developer and founder of Bankroll. The project implements a global economic mechanism based on the bDollar, BNB and Bitcoin protocol. You can even say that it is created as a digital cooperative, in which 10 percent of the contributions are paid to the holders.
Now let's look at its tokenomics, which attracts many users.
So, ELEPHANT token holders will receive passive rewards simply by holding the token in their wallets, since each transaction (purchase, sale and transfer) has a 10% commission; 5%, which are evenly distributed among all token holders, 5% is added to the liquidity of the locked token.
In addition, the ELEPHANT token is also used as a partial redemption collateral for the TRUNK coin, which is mined by Binance USD (BUSD) collateral.
The initial supply volume will be one quadrillion SLON tokens, the distribution will be as follows: 49% go to the cemetery (incineration address with automatic balancing mechanism), 1% for marketing and development, 25% for contractual liquidity, and 25% for liquidity for community.
A unique feature of ELEPHANT compared to other platforms is that these devices usually set their burn address as another token holder that passively grows more and more over time. While this may sound good in theory, the real effect is that the burned-out address ends up eating up all the rewards from the rest of the token holders.
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