Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ELTAX] ELONSTAX Token: Let's raise funds for Elon's tax bill
by
XAEA-12
on 22/12/2021, 19:33:38 UTC
What is the main mechanism to execute the whole process and how will it works, you should explain it on the thread.
 May I know the real mechanism of it.

The tokenomics is quite simple and efficient:
 - a 3% fee is applied to each Buy and Sell transaction which is instantly and automatically distributed to Elon Musk's BSC address; 3% of the entire Token supply has also been allocated to Elon;
 - as already mentioned above, the token holders will also proportionally get a 3% reflection reward from each token Buy and Sell transaction.


The process for purchasing the tokens is via PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0xd76edc8f949d18adef9092272bb36fdcad03dfdf