We said we were bringing something completely unique, and here it is…
As the LEPRACOIN token and project progresses, the needs of holders, and the movement of the coin demand something more fluid in terms of tokenomics. The transaction fee is 8% and this will not change, but each cycle will have different tokenomics in how that fee is distributed, designed for maximum growth potential. Each cycle lasts for 1 week initially to keep pace with our fast initial growth, increasing to monthly cycles after that.
This type of tax cycling has not been done before so we are bringing something really unique with the cycles. Why be stand in one place, when you can be dynamic?
Here’s the breakdown of the cycles:
☘️ Growth cycle — prioritising liquidity generation to establish a solid baseline for future growth:
🔥 1% burn
🔥 3% yield
🔥 4% liquidity
☘️ Rewards cycle — this cycle will use the growth achieved in the previous phases to reward holders:
🔥 1% burn
🔥 6% yield
🔥 1% liquidity
☘️ Charity cycle — this cycle is where we give back our growth to those who need it most. A 4% of each transaction will be sent to a charity wallet for donations (charity partnerships TBA):
🔥 1% burn
🔥 2% yield
🔥 1% liquidity
🔥 4% charity
☘️ Ar aghaidh agus suas cairde ☘️
