Enjoy the Benefit of an Auto-Deflationary & Auto-Liquidity Coin on the Binance Smart Chain

SLAVICOIN was originally launched as 100xElon by Ken the Crypto. It aims to build an ecosystem helping investors feel safe about investing in crypto projects by showing transparency as well as educating new investors. It is an Auto-Deflationary & Auto-Liquidity coin on the Binance smart chain. SLAVICOIN partners with Professional Athletes and Big Influencers.

A glimpse of a Deflationary coin

In the context of Bitcoin, deflation tends to refer to the cryptocurrency's maximum supply. There will only ever be 21 million Bitcoins mined — and at this point, no new coins will be created, and no more block rewards will be given.

What is the Binance smart chain?

Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. The aim of the platform is to enable developers to build decentralized applications (DApps) and help users manage their digital assets cross-chain with low latency and large capacity. Binance Smart Chain provides safety and security with its Validators and Proof of Stake Authority (PoSA) system consensus. With PoSA, Binance Smart Chain can offer lower fees and shorter block times.

The smart contract

● 3.5% sent to burn address

● 2% to liquidity (to get listed on places like Whitebit)

● 1.5% to dev and marketing wallet (to pay Solidity Developers, TikTok influencers, and other project needs without fundraises)

● No minting

The dev's transparency as to where the fees are being distributed is a green flag for me. In full honesty, the swap fees are a bit of a turn-off but it's a good start for the coin. And since there will be no minting, the coin's circulation will remain intact and its value has a lot of potential to skyrocket to the moon.

Market Details

Total Supply: 935,048,218,036,074.62875 100x
Holders: 7,822 addresses
Transfers: 47,269

Profile Summary

Contract: 0x4cc20a024324b6c487f50ba448999ae29f8f6022
Decimals: 18

Redistribution

A key change from popular projects is there is no redistribution of tokens. Redistribution does not actually reward holders in the way that most other tokens promote. By sending small amounts of tokens to wallet holders, the redistribution actually gives more "Selling Power" to holders.
This is why the 100x token burns 3.5% of transactions. In this way, holders are rewarded by a constant increase in token worth as the circulating supply decreases. Redistribution only is beneficial to the top 20 or so wallets and does not help community growth in the long term.

Liquidity pool

A liquidity pool is a collection of funds locked in a smart contract. Liquidity pools are used to facilitate decentralized trading, lending, and many more functions we'll explore later. Liquidity pools are the backbone of many decentralized exchanges (DEX), such as Uniswap.

At first, I thought, this must be another one of those meme coins, but then I saw what potential this coin could bring to the crypto community. Currently trading at around $2.5M mcap, and reached an ATH Market Cap of $5M, this is a great opportunity to set your hopes up and invest in this new alt-coin.

Detailed Information:

Website: https://www.slavicoin.io/
Telegram: https://t.me/SLAVICOIN_eng
Twitter: https://twitter.com/slavicoin

Author :

Bitcointalk Username: Crypto rev Thing
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2371318
BSC Wallet: 0x5638F1491a30433E2FA1513011E8903A4495b0d4

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