☄️ MoonKids is the first token and it isn’t the regular meme coin you have seen before. A 10% tax is applied on all transactions. 6% is redistributed among holders, the remaining 4% is used to borrow ETH on Venus to dump it for BNB at a low risk ratio. While you trade it you contribute pumping your BNB bags as we keep dumping Ethereums for it. The more people buys or sells $MKIDS, the more ETHs are dumped. On top of the regular reflective mechanism that auto generate APY for holders, the generous Venus APY rewards for lending and borrowing assets will be re-injected into the token, bringing back value and money to the project as well (rather than reinjecting the BNB to build a stronger price floor and making the price harder to move up on the long run).
👉 Technical Details: Instead of adding more liquidity to our own token to create a giant ponzi like most meme coins nowadays, Venus Protocol is being used to borrow ETH at very low margin risk (to avoid risk of liquidation) to buy more BNB, contributing to create constant sell pressure on ETH pairs on BSC. Arbitrage bots will then dispatch this sell pressure to CEX and other chains. The borrowing process is done manually at the moment to allow maximum flexibility. Everything happens on-chain so the Venus strategy wallet can always be seen using venus.finance and manually audited. The process might be automated later if the experiment goes well. The tokenomics are the same as Shiba Inu. We also will send half the supply and 100% of the liquidity to Vitalik’s wallet just like Shiba Inu developers did. If he ever know how to use Binance Smart Chain he could have a look… We anyway will permanently ban his wallet in the token so he can never rug investors like he did with Shiba Inu.
Knowing he have the keys, he will be powerless as the token grows and more and more ETH are getting dumped in profit of BNB. Only him is banned, nobody else can be.
🚀 At launch, only 25% of the supply (100,000,000,000,000,000) can be bought during pre-sale stage and 25% will be listed on Pancakeswap. You can now contribute to increase BNB value while adding sell pressure on ETH by trading $MKIDS.
😈So what are you waiting for? Spread it using the #SellETH hashtag and get some on 👉 Bounce finance now.
Where can I find a litepaper?
You can find one here.
Where can I buy and what's the slippage?
What are the tokenomics?
🚀 At launch, only 25% of the supply (100,000,000,000,000,000) can be bought during pre-sale stage and 25% will be listed on Pancakeswap.
Why the slippage should be 11%?
As a deflationary token we need to keep taxes in our contract for the whole ecosystem to work properly. A 10% tax is applied on all transactions. 6% is redistributed among holders, the remaining 4% is used to borrow ETH on Venus to dump it for BNB at a low risk ratio.
Team and mission
What is our team size?
As for October, 17th we have 25+ active members split into 5 divisions: Graphics team, Marketing team, Developers team, Social media team and General team. All of us are working hard since the launch. We believe in our trusted members and appreciate the amount of tasks we keep doing everyday.