LunaLand: What to Expect From this Recent Crypto Advancement

in #blockchain3 years ago

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Introduction

Recently, another coin has been introduced into the crypto market. The blockchain technology, which started with only one coin, Bitcoin, in 2009 to overcome the challenges that centralized financial systems pose, has grown over the years. Aside from the fact that more people are beginning to recognize and utilize the system, more developers are equally working towards making the system more favorable for users.

In recent times, more coins have been developed to offer better trading experiences to adopters. Also, some projects are created to cut across different sectors and tackle the possible oversights of older tokens. Lunaland, like other tokens, has been developed with its features and pros that place it as an added development to the digital market. This article discusses the different features of the coin, revealing how it betters the trading experience for users.

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Features of LunaLand

In addition to the general features of cryptocurrencies, Lunaland has the specific features that make it stand out among other currencies. Some of its features are listed below.

Hyper-Deflation

Hyper-deflation is a major feature of Lunaland. This feature works to directly oppose the inflationary nature of centralized currencies like fiat money. Hyper-deflation is attained by reducing the amount of circulating coin, unlike inflation, where the amount of money in circulation increases. Lunaland uses a process referred to as "burning" to control the coin. The result is an increase in upward price momentum.

The project aims at burning until a targeted one lunar distance in coins is attained. The coins are burned from the initial one trillion supplied to a targeted four hundred million. This is a 99.96% burn rate. It causes the coin supply to reduce and then increases the price momentum.

Burn and Earn

Lunaland has a tremendous return potential, and it is made available to everyone. It employs various mechanisms to reward early holders and adopters. 90% of the coins will be burnt during the weekly burn cycle, and 10% will be allocated to holders. The weekly burn cycle will be announced three hours before the burning. Regular burn cycle,, on the other hand, will reduce supply by 99.96%, that is, from the initial one trillion to four hundred million.

Holders' Bonuses

Another good side to the process of controlled burning is that traders and investors are not penalized through any tax, and it encourages liquidity and trading while offering other rewards to holders.

Promotes Investment

This token is created to encourage trading in that it fosters liquidity by giving bonuses to early adopters and returning at least 50% into the liquidity pools. Also, because there is no tax on transactions and traders are rewarded, this encourages liquidity and offers a good trading experience.

Other features of Lunaland include;

Little entry cost
Low trading cost
High-speed block creation
Lock element

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Conclusion

Lunaland is one of those found that are developed to take the blockchain activities to another level, making trading as convenient as possible and tackling problems even before they arise. Its numerous features reveal that it is solely designed for the convenience of traders and anyone who wishes to join the growing crypto market.

USEFUL LINKS
Website: https://www.lunaland.io/
Telegram: https://t.me/lunalandLLN
Twitter: http://twitter.com/IoLunaland
Facebook: https://www.facebook.com/LunaLand-104535581879219/
Instagram: http://instagram.com/lunaland.io
YouTube: https://www.youtube.com/channel/UCPfFZksXwohPMzE7OyZiKRg
Discord: https://discord.gg/RGM769PB
Reddit: https://www.reddit.com/r/Lunaland/

AUTHOR'S DETAILS
Bitcointalk Username: chuksmy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2635666
Proof of Authentication: https://bitcointalk.org/index.php?topic=5346492.msg57519124#msg57519124
BEP-20 wallet address: 0x6D6Cf199B1Dbf90e0685D00a91eEE8AC8D2375c4

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