TOKENOMICS |
Automated Liquidity AcquisitionLiquidity 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.
Donation TaxWe 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.
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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.
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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Phobos Protocol
Phobos employs 3 simple functions: Reflection + LP acquisition + Donation. In each trade, the transaction is charged a 15% fee
5% redistributed to all existing holders.
5% added as liquidity on Pancake Swap
5% Donation. 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.
5% redistributed to all existing holders.
5% added as liquidity on Pancake Swap
5% Donation. 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.