May 8th, 2021 — PepeMoon ($PEPE) – PepeMoon has the potential to be one of the biggest tokens on the Binance Smart Chain. Its vision is to make the cryptocurrency as democratic as it gets and build its own ecosystem.
PepeMoon is a community-driven, fair-launched DeFi token. It aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Every trade contributes towards automatically generating liquidity locked inside PancakeSwap LP. Holders earn passive rewards through static reflection as they watch their balance of PepeMoon grow indefinitely. The company focuses on three simple functions during each trade: reflection, LP acquisition, and burn.
Static Rewards on PepeMoon are basically paid instantly on every transaction that is facilitated within where the proceedings of the generated fees from our deflationary system are split evenly depending on your stake of tokens you hold.This system rewards early $PEPE holders and ensures their smooth sailing to Wealth.
Due to PepeMoon committing 25% of the total supply to be sent on a burner address the staking proceedings by holding PepeMoon are automatically burned as the burner address will keep growing its initial stake ensuring that PepeMoon remains deflationary.
Automatic LP is one of the perks of PepeMoon. Here we have a function that acts as a two-fold beneficial system for holders. First, the contract yields tokens from Sellers and Buyers alike, and adds them to the LP creating a solid price floor. Second, the penalty acts as an arbitrage resistant mechanism that secures the volume of PepeMoon as a reward for the holders. In theory, the added LP creates a stability in price. As the PepeMoon token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for holders. The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there was no automatic LP function.
PepeMoon employs 3 simple functions: Redistribution + LP acquisition + Burn In each trade, the transaction is taxed a 8% fee, which is split 3 ways.
- 4% fee = Redistributed to all existing holders for Auto Staking.
- 2% fee = Burned by the Staking proceedings of the Burner Address making PepeMoon deflationary.
- 2% fee = Auto Staking Yield Governance Fund that ensures that the tokens are sold gradually and put on PancakeSwap to add Liquidity in BNB pair.
Pepemoon NFT marketplace:
The Pepemoon NFT marketplace will encourage users to buy and sell NFTs using Pepemoon by giving them incentives such as exclusive NFTs which can only be bought with Pepemoon.
We will work on exclusive contracts with well-known artists and designers to only use Pepemoon in order to sell their art.
Pepemoon payments terminal:
Any merchant can accept Pepemoon (and other cryptos) by using our payments gateway, they can choose to either liquidate or hold the Pepemoon they receive, (if liquidated, it will be funded by our cash reserves and we might hold the Pepemoon as reserves, rebalancing of USD cash reserves and Pepemoon will take place in small pieces to counter sell pressure if any)
50% of all profits of the NFT marketplace and Pepemoon Payments gateway will be fully invested in Pepemoon buybacks and burned to 100% at the end of each every month. (A fully detailed report will be released along with the burned tokens txid)
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