The Official Unofficial Cryptocurrency of Mars
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Launched in October of 2021, Phobos was created with the idea of combining space travel and cryptocurrency. Phobos is the official unofficial crypto of planet Mars. Phobos is decentralized and on a mission to bring crypto to space.
Address 0x389eE645657A4C47cD4Bef89673f9A65332c767f |
Automated Liquidity Acquisition |
Donation Tax |
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Liquidity is a crucial element in any trading environment. As a solution, Liquidity can be taken as a function of the smart contract using market activity from all swaps and transfers. For this to happen a 5% fee from the swap and transfers are added to the liquidity pool.
Token ReflectionWe wanted to get away from the BS of traditional mining. We want our token holders to be rewarded for simply doing nothing but holding our token. The reflection rate is set at 5%. The volume of market activity will directly impact the quantity of token reflection based upon the percentage of tokens held by the user relative to the overall supply.
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We have setup a 5% tax on every transaction to be automictically added to the donation address. Our goal is to donate to varies nonprofits in the Planetary exploration space.
Fun Token BurnsWe will be hosting numerous space travel burns. These will be taking place as events, which at sometimes can be voted on by the community as to what planet / moon we should visit next. As a test, our first burn was to Phobos, we burned 48,340,000 coins. Phobos is 48,340,000 miles away from Earth.
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"I'd like to die on Mars, just not on impact"
Elon Musk
Ecosystem
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Phobos is decentralized and owned by its fun, space community. We want to build Phobos into a diverse community, with a do-good mission of helping bring Crypto to space.
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For every transaction in the Phobos network a 5% fee is distributed to existing holders. That means you earn more Phobos just by holding it in your wallet. Watch your Phobos grow every transaction!
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