Know the Difference Between General Cryptocurrency and SLAVICOIN
In the crypto world, 100x is a deflationary token built on the Binance Smart Chain. The coin features 7% transaction fees split between burn functions, automatic liquidity pool generation, and a development wallet. This article will discuss the benefits of this system, as well as foreshadow coming developments for the platform.
Team of Wizards
Led by public owner Ken “The Crypto”, and a team of crypto wizards who’ve mooned several projects this year alone.
Tokenomics that Work
1.5% marketing and development wallet, 2% auto-generating liquidity, and 3.5% burn to increase rarity on each transaction.
Perfect Timing
Launched amid the alt-coin bull run, 100x is attracting major investors who have made fortunes investing in precious gems.
Not a Safemoon Fork
SLAVICOIN's liquidity protocol sends all of the generated funds directly to the contract pool where no dev wallet can access. No SafeMoon forks here.
Values
The community is still evolving but at the time of this writing, SLAVICOIN values certain traits uncommon in DeFi.
● Transparency
● Sustainability
● Education
● Supporting other Communities
● And Shilling. They really value shilling
But in all seriousness, the SLAVICOIN community has organically grown to a group of people who value the longevity of projects. Coming together on Live Streams with Ken has given the entire team a unique perspective into how cryptocurrencies are built, sold, and operated. What other community has held under a 10M market cap for a week just because it was better for the long-term growth of the project? I can't name one.
What is liquidity?
The liquidity pool function was taken from the successful project Safemoon. In order to create more liquidity in the PancakeSwap pairing, the automatic liquidity function taxes buyers and sellers 2% each transaction. 50% of this transaction is used to buy BNB. The most common use of this staked deposit is by the project to provide liquidity for other users who want to trade the token. This is called liquidity mining.
Things To Take Note
If you're currently holding ELO right now, take note of these dates:
● April 6, 12:00 PM Pacific Time is the final date you can hold ELO to be eligible for the swap. All ELO purchased after this time CANNOT BE SWAPPED.
● From April 7, 12:00 AM Pacific Time to April 11, 12:00 AM Pacific Time, you will need to MANUALLY SWAP on this website. After this period you can no longer swap ELO for 100X.
● On April 11, 12:00 AM Pacific Time, 100X will be available to be purchased on PancakeSwap.
Considering that they are currently in the altcoin season, 100x Coins growth may surprise you in the coming weeks.
As you can see, Like every other investor out there who relies on altcoins for short-term profits, there is always room for skepticism especially if a coin's developers are unknown to the investor. As for SLAVICOIN, I see less chance of Ken the Crypto to do a rug pull. With a growing community and a non-anonymous developer, it might be seen with great potential in this coin along the coming weeks.
For more information about slavicoin
Website : https://www.slavicoin.io/
Whitepaper : https://f9154fc8-8fe1-42f9-b216-fd7f4df8548e.filesusr.com/ugd/b11093_aaf3008bedac4674a74494d155b0388d.pdf
Twitter : https://twitter.com/SlaviCoin
Facebook : https://www.facebook.com/slaviofficial
Telegram : https://t.me/slavicoin
Instagram : https://www.instagram.com/slavi_coin?r=nametag
Author
Forum Username: oscarclows
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1769225