#LongMoon #LMoon #RELEASETHEKRAKEN #Crypto and #Bitcoin
Introduction
LongMoon token holders benefit through static rewards and also through the automatic Buy-Back process built into the contract.
When the Buy-Back function is turned on, the contract automatically buys back and burns tokens after every sell.
WHAT IS LONG MOON
LongMoonOwn is a Dapp we are building that allows developers to temporarily renounce ownership of their contract by handing it over to the community. Many new projects make the HUGE mistake of renouncing ownership of their contract to gain the communities trust. This can severely limit the growth of the project in the future because most exchanges require some minor tweaks in the contract to list.
With LongMoonOwn, the community can vote to hand the contract back to you to make the necessary adjustments! This is the perfect solution because it allows the developers to earn the communities trust without permanently renouncing the contract.
LongMoonLock
LongMoonLock is another Dapp we are building that is used to run pre sales and lock liquidity pools. We see major problems with the way BSCLauncher currently works and have big plans to greatly improve the process. LongMoonSale and LongMoonLock will be much better for the health of the projects that use us instead of DX… Stay tuned for more info on this!
LongMoon Problem
Current problem with the Defi industry: Many new projects make the HUGE mistake of renouncing ownership of their contract to gain the communities trust. This can severely limit the growth of the project in the future because most exchanges require some minor tweaks in the contract to list.
LongMoon Our Solution
Meet LongMoonOwn LongMoonOwn is a Dapp we are building that allows developers to temporarily renounce ownership of their contract by handing it over to the community. With LongMoonOwn, the community can vote to hand the contract back to you to make the necessary adjustments! This is the perfect solution because it allows the developers to earn the communities trust without permanently renouncing the contract
How It Works?
• LongMoon collects a 6% buyback tax on each transaction, which is stored inside the contract. Whenever a sell occurs, a fraction of the buyback amount is used to automatically purchase tokens from the liquidity pool.
• Those tokens are immediately burned after purchase.
Why invest in LongMoon?
LongMoon token holders benefit through static rewards and also through the automatic Buy-Back process built into the contract.
When the Buy-Back function is turned on, the contract automatically buys back and burns tokens after every sell.
How to Buy LongMoon
DOWNLOAD TRUSTWALLET
Simply visit TRUSTWALLET.COM & download the application.
The app is secure and widely used in the DeFi market. Remember to never share your seed phrase!
FUND YOUR WALLET
Purchase BNB or BSC (Binance Smart Chain) to fund your wallet.
These coins are used in the Binance Smart Chain.
ENABLE TRUST BROWSER
(iPhones only)
Visit WWW.PANCAKESWAP.FINANCE on your mobile browser.
Click connect on the top right corner of the page. Click WalletConnect, and select Trust Wallet. This will open up the app. Confirm on Trust Wallet and head back to your mobile browser.
SWAP FOR LONGMOON
Select exchange from the dropdown menu on the left. Click ’Select a currency’ & enter the contract address (posted at the top of our website). Set your slippage to 13%.
LongMoon There are 3 advantages:
Increase in Value ○ After the tokens from the Liquidity pool are bought, the new BNB amount is added to the pool and the amount of the tokens are reduced, which results in an increase in price.
- Free BNB ○ Once those tokens are burnt, it is like adding free BNB to the pool as there are no tokens to sell in the future.
- Trust & Reliability ○ Investors can be relentlessly hesitant and often get spooked by a bearish market. ○ Because of the automatic buyback, investors will never see more than 2 sells in a row (98% of the time)
Bonus Holder Advantages
● 2% rewards redistributed on every transaction
● Join a trusted network of investors, who are confident in the BuyBack contract, and understand the potential for growth in implementing this concept.
● Once the investors see that the code works and the contract automatically buys after every sell, they will feel more confident to invest and hold.
Longmoolock - Longmoon Sale
• LongMoonLock and LongMoonSale are additional Dapps we are building to run pre sales and lock liquidity pools.
• We see major problems with the way DXlocker and DXSale currently work and have big plans to greatly improve these processes.
• LongMoonLock and LongMoonSale will be much better for the health of the projects that use us instead of DX…
• Further Development will Be Shared Accordingly
Long Moon Tokenomics
LongMoon token holders are not only rewarded through static rewards but also through true automatic burns every trade from within the liquidity pool.
Total liquidity: $26,570.56
Daily volume: $17.63
Pooled WBNB: 40.15
Pooled LMoon: 1,665,137,755,113.18
Total tx: 22
Holders: 37
Diluted Market Cap: $7,978,486.83
TAX BreakDown
➔ 2%: rewards to holders
➔ 3%: marketing tax
➔ 6%: Buy-Back tax
➔ Slippage: 13%
To conclude:
LongMoonLock is another Dapp we are building that is used to run pre sales and lock liquidity pools. We see major problems with the way BSCLauncher currently works and have big plans to greatly improve the process. LongMoonSale and LongMoonLock will be much better for the health of the projects that use us instead of DX… Stay tuned for more info on this!
Useful links to the project
- Website: https://longmoon.net/
- WhitePaper: https://longmoon.net/wp-content/uploads/2021/07/LongMoonWhitePaper.pdf
- Buy Loong Moon: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xf1f218577640ca398718bd6b41dce468adb82a1a
- Facebook: https://www.facebook.com/LongMoonMain
- Twitter: https://twitter.com/LMoonMain
Author
- Bitcointalk Unsername: DuitMoney
- Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3193786;sa=summary
- Telegram Unsername: @Duitmoneyyy
- BEP-20 Address: 0x9b33623c5683675E7f3f3188D881E8df77a28235
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