PanKUKU protocol allows taxes to be charged on every transaction executed in the ecosystem which in return distributed among the holders . Apart from this the platform also adopt burning system where tokens are burned forever , hence reducing the total supply of token .To stabilize and manage the economy of PanKUKU ecosystem the team had adopted buyback model which allow them to buy back . These adopted techniques will enable manage the price action , improving the volume and allowing users enjoy stable rewards on their investments.
PanKUKU will be offering a broad spectrum DeFi platform incorporated with NFT market which will make $KUKU highly invested and utilized .With $KUKU token , users should stake , provide liquidity by adding other pairs of token and earn reasonable rewards in the platform . Amongst the products offered by PanKUKU ecosystem includes KUKU Swap , NFT Marketplace , Farms , lottery , Pools . The project will be offering Crypto wallet service (KUKU) wallet in future , Launchpad , Lottery , Workship, Kuku Play and many more . This is why i believe the project PanKUKU deserves to be given good attention . It will offer a broad DeFi products . Some DeFi ecosystem are only limited to payment of rewards but PanKUKU vision is greater than that. PanKUKU will stand out among any other existing DeFi platform .
How Do Deflationary Tokens Work?
As already mentioned, deflation in the crypto-verse means the burning of tokens from circulation. The confusion comes in how the tokens get burned.
There are two types of burning mechanisms: buyback and burn, and transaction burning. The buyback is a self-explanatory mechanism as it involves the platform buying back tokens from holders or markets and locking them at an inaccessible address; A platform can use its share of profits to execute this process.
Meanwhile, transaction burning is a mechanism where a platform employs a smart contract that automatically burns part of the transaction fee.
KUKU is a hyper-deflationary reward token. KUKU is the first Suriname Token operating on Binance Smart Chain (BSC) based on the BEP20 protocol. It is part of the Pankuku project which may seem inspired by pancake swaps, but it has a better plan for the future, and will soon become the largest decentralized exchange (DEX) in the market with its broader product offering.
panKUKU aspires to be the largest and most secure decentralized crypto exchange. It will help crypto enthusiasts and beginners to buy, sell and trade cryptocurrencies with ease on a reliable exchange platform. The exchange platform is easy to use, and easy to understand and it will have various popular cryptocurrencies listed on it, so you don’t have to wander here and there you will get everything in the panKUKU ecosystem.
How is it Different?
PanKUKU is a revolutionary DEX project and there are many reasons that differentiate it from other DEX’s. The first major reason is that there will be no minting of new tokens. The project also features a superb Burn System (automated & manual), anti-whale function, and automated Reward system.
This DEX project is also on its way to building a robust ecosystem with expansive functions, products, and a utility token to make transactions on Webshop. PanKUKU is keeping most of the process transparent and automated, it is necessary in this elusive world while keeping the holders in profit.
As we mentioned above there is a tax system, and it will always push the price up by burning. Along with this, we will also contribute and fund our charity foundation. As per the official website, 5% tax will be applicable on all transfer and sale deeds. From this 5%, 1 % will be distributed to each i.e. team, holders, liquidity providers, charity and burn.
PanKUKU is building a sustainable crypto eco-system by providing and ensuring trust, dedication, and quality. The project aims to provide a structural socio-economic environment in Suriname and the region through a legitimate payment and donation system. While doing all this, the project is also contributing to crypto awareness and pushing the boundaries of cryptocurrencies as an in-store and online payment option.
- Twitter: https://twitter.com/pankukuofficial
- Telegram group: https://t.me/pankuku
- Instagram: https://www.instagram.com/pankuku_official/
- Facebook: https://www.facebook.com/pankuku/
- Linkedin: https://www.linkedin.com/company/pankuku
- Reddit: https://www.reddit.com/r/pankuku_official/
- Discord: https://discord.gg/ucGSzSp4C3
- Medium: https://medium.com/@pankuku
- YouTube: https://www.youtube.com/channel/UCWgyzUllqx2XuAPXy_t6xXw
- Github: https://github.com/Prosolsu
- Learn more about PanKuku: https://pankuku.net/
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