KEYFUND - Automatic Liquidity Pool (LP)

aray80 (0)(1)in #keyfundfinance • 3 years ago

INTRODUCTION

Cryptocurrencies have the potential to be the largest digital asset for investment. because it is easy to use, secure, and allows to reduce high transaction costs. It is a maxim in financial markets that has proven to be a lifter of interruptions in financial transactions around the world. Utilizing blockchain technology, cryptocurrencies have managed to create a decentralized, transparent and inaccessible accountable system

WHAT IS KEYFUND?

Auto LP is KeyFund's secret sauce. Meet the best Autonomous Yield Tokens ready to innovate and eager to break the barriers of the crypto industry with a unique deflation mechanism. Tokens with maximum supply, permanent liquidity lockout, and burning on every transaction.

Automatic Liquidity Pool (LP)

Auto LP is KeyFund's secret sauce. Here we have a function that acts as a doubly useful implementation for the holder. First, the contract sucks the tokens out of the seller and the buyer, and adds them to the LP creating a solid price floor.

Second, the penalty acts as an arbitrage-resistance mechanism that secures the KeyFund volume as a reward to its holder. In theory, the added LP creates the stability of the provided LP by adding a tax to the overall liquidity of the token, thereby increasing the overall LP of the token and supporting the underlying price of the token. This is different from other reflection token burn functions which only benefit in the short term from a given supply reduction.

As LP KeyFund tokens increase, price stability reflects this functionality by benefiting from a solid price base and cushioning for holders. The goal here is to prevent a bigger drop when the whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there wasn't an auto LP function.

KeyFund Mission

Its mission is to develop a peer-to-peer pure digital currency and store of value that will be recognized as a cryptocurrency leader in terms of adoption, use and value of the KeyFund project. Create a new digital currency that is in the top 10 cryptocurrencies and is backed by real-world use not only as a store of value but also as a medium of exchange. The KeyFund project is an open-source Blockchain project built on the Binance Smart Chain, KEYFUND Token is dedicated to connecting talented professionals and members of their target community.

TOKENOMICS

KEYFUND is programmed to reward holders while increasing in both liquidity and value. It does this by applying a 5% tax on transactions.