💰Tokenomics
Token Name: Komonomimi Coin
Token ticker: $MIMI
Quick breakdown of the Tokenomics:
Initial supply: 1,000,000,000,000,000
Initial burn: 300,000,000,000,000
Fee per transaction:
2% reflection
5.5% auto liquidity
2.5% toward the marketing/development budget
Tokenomics In Depth
$Mimi is a deflationary token, tokens are burnt gradually every transaction, increasing the value and scarcity. Every transaction sends reflections to holders automatically, earning 2% of the fees just for holding $Mimi. The fees are a flat 10% on each swap. A breakdown of the Fee's are below.
5.5% Liquidity
Liquidity provides stabilization for the coin. More liquidity means more volume for large traders and exchanges can safely join us.
2.5% Development & Marketing
The Kemonomimi Team highly values our development and marketing. As the project becomes more progressed, The Team will require further marketing for an even wider adoption. Development and marketing both will increase the coin's growth.
2% Reflection
As a reward for holding $Mimi, reflections have been enabled to generate passive income to our valuable holders. Reflections will convert into a P2E reward wallet once the NFT game is released or will be removed if required for a major exchange listing.
Contract
The contract includes minor flexibility for adding and excluding addresses from fees, as well as enabling them to possess more than 2% of the total supply. This will be beneficial in allowing larger purchases to store more tokens than a regular holder such as exchange wallets. Forward thinking from a long-term point of view gives the project more room to grow. The team has reserved 2% of the total supply for future exchange listings. The marketing wallet's reflections will be utilized for community contests or to expand the project further.
Liquidity and marketing fees are linked, and the contract will swap tokens accumulated by the fee for BNB and add them to the liquidity pool together with the remaining tokens. Half of the BNB swapped will automatically get transferred to the marketing wallet for growth, artists, advertisements.
The contract also allows for liquidity fee modification from 0% to 19%, making room to increase or decrease liquidity and marketing fee, all modifications will be announced publicly first. We have added limitations to our fee control for the safety, and security of investors.
One example where the modification of fees could be applied is during Coin Market Cap or Coin Gecko listings. Countless tokens fall victim to sniper bots that buy and sell for a quick profit, we consider our project to be a long-term driven project so the holders and community will benefit from those who are trying to turn a quick profit.
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