Margueritas ($28M🐞) on Pulsechain
- Token Name: 28 Margueritas
- Ticker: $28M🐞
- Network: Pulsechain
- Purpose: Meme coin for the people, by the people, embodying the ethos of decentralized finance.
Tokenomics:
- Total Supply: 28,000,000 tokens
- The total supply of $28M🐞 tokens is fixed at 28 million.
- Initial Burn
- 33% of the total supply (9,240,000 tokens) burned at launch.
- This initial burn reduces the circulating supply and adds value to existing tokens.
- Tax Mechanism: 0% Tax
- No tax is applied on transactions, making it a tax-free token.
- Users can transact without worrying about fees, encouraging more participation.
- Liquidity:
- Utilizes burnt liquidity:
- A portion of tokens is added to the liquidity pool, and those tokens are burned.
- This mechanism contributes to the deflationary nature of the coin.
- Liquidity is locked, ensuring stability and security of the protocol.
Key Features:
- Deflationary:
- With the initial burn and burnt liquidity mechanism, $28M🐞 is deflationary.
- Reduced supply over time can potentially increase the value of each token.
- Decentralized Finance (DeFi):
- The token embodies the ethos of decentralized finance, promoting accessibility and inclusivity.
- Users can participate in the ecosystem without intermediaries or centralized control.
- Community-driven:
- As a meme coin, "for the people, by the people," $28M🐞 encourages community involvement.
- Decisions about the coin's development can be made through community governance.
- Transparency:
- All transactions and operations are on the Pulsechain blockchain, ensuring transparency.
- Users can verify the total supply, burns, and liquidity status on-chain.
This tokenomics model aims to create a vibrant and engaging ecosystem around $28M🐞, where users can participate in a decentralized, deflationary, and tax-free environment.