BSCLauncher IDO announcement: Puppy Finance
PUPPY is the first BSC token to re-imagine the concept of frictionless yield generation and deflationary mechanisms.
PUPPY charges an adjustable transaction fee ranging anywhere from 1–10%. The mechanics of the fee goes as follows:
Initial transaction fee will start at 2% and will be increased daily by 0.5%, according to the community vote.
65% of the fee will be re-distributed to existing PUPPY holders instantly and automatically at the time of each transaction. Basically, you hold = you win!
The remaining 35% will be burnt instantly, thereby deflating the total supply at each transaction. Making our token deflactionary and consequently increasing its value!
In the near future there will be a DAO governance contract allowing the adjustability of the fees, which will be decided by PUPPY holders, pushing further the decentralization of the protocol.
PUPPY Tokenomics 🐕
The maximum supply of PUPPY is 1,000,000,000,000 which is continuously burned by 25% of the current fee applied to each transaction.
PUPPY Token Distribution
- Total supply : 1,000,000,000,000 PUPPY
- Seed Investors : 100,000,000,000 PUPPY ( 10%)
Price: 0.0000000007 BNB
- Public Sale* : 650,000,000,000 PUPPY (65%)
Price: 0.0000000009 BNB
- Initial PancakeSwap liquidity : 250,000,000,000 PUPPY (25%)
Price: 0.0000000011 BNB
📅 IDO Date
- April 25th — 12.00 UTC Phase 1
- April 26th — 13.00 UTC Phase 2
- April 26th — 14.00 UTC Pancake listing
❓ How to join the IDO?
In order to participate, you will need to hold at least 350 BSCL to have a guaranteed spot in the upcoming token sale. The higher the tier the higher will be the allocation.
In order to participate, there will be 3 Snapshots 23th, 24th and 25th April at random time.
Make sure to read the article about new SUPER TIERS: https://launcherfinance.medium.com/bsclauncher-super-tiers-db75868e222f