Hi friends, this time I will provide information about a very interesting project for you to know about a new cryptocurrency called LongMoon. Before going to the discussion, I think we all agree that blockchain technology still needs efforts to encourage adoption so that it continues to grow and continue to develop in the future. So for that, let's see a brief review of the LongMoon project below.
Long Moon is a hyper-deflationary token, which rewards investors for holding tokens, while also incorporating the Buyback approach currently present in the stock market.LongMoon is the first cryptocurrency ever to include automatic Buyback. If a stock has low value and the potential to perform better in the future, companies will often announce a buyback of the stock in the open market, Once companies announce the buyback, investors gain more confidence to purchase and hold. Additionally - the demand increases which ultimately will drive the price up. At LongMoon, we chose to apply the Buyback concept to cryptocurrency, and make our token more attractive to hold. 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.
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!
WHAT’S SO GREAT ABOUT THAT?
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).
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 https://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%. Click ‘Select a currency’ & enter the contract address. Set your slippage to 13%
Long Moon Tokenomics
TAX BREAKDOWN
- 2% rewards to holders
- 3% marketing tax
- 6% Buy-Back tax
- Slippage: 13%
LONGMOONLOCK + 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.
This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:
- 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
- Username: Bidadari_surga
- Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1011291
- BSC Wallet Address: 0xBd706dD25c38c5502DbB2B254bFA6bbD54b8F8d3