Hello everyone, see you again GeloraJ. This time I want to give a review about a very good project, SANTA COIN. Just follow my review below:
Cryptocurrency platforms are currently a trend that is often talked about. In cryptocurrency, many innovations have emerged such as Decentralized Finance (DeFi), Non-fungible token (NFT), and memecoin. memecoin is known to many people because Elon Musk really likes the Dogecoin (DOGE) token. This led to many memecoins being launched such as Safemoon, Shiba Inu (SHIB).
There is a platform that is being abused on the internet right now, namely Santa Coin. With the advent of SantaCoin, many other coin memes have tried to follow in SantaCoin's footsteps. Currently, Santa Coin is arguably the newest Farming Token that can generate BUSD for its owner. Thus, it is a new level of DeFi token and token strategy that will change the gaming platform. On this platform, all trades can be made through Santa Coin which can be deducted from fees and will be useful for funding solutions such as automated trading and manual trading and for increasing profits on trading market exchanges.
Therefore, these modern features, will be combined with the developers and very influential of the platform in the crypto space, which will advance the Santa Coin platform and will propel it for improvement and development in the long term.
SANTA Coin is the only memecoin that has very practical applications for just about anything. It is launched within the Cardano blockchain network, which will ensure its security and resistance to fluctuations in the trading market.
The social cause of Santacoin, a cryptocurrency platform whose goal is to spread holiday cheer throughout the Blockchain community. Aiming to give cryptocurrency users a Christmas spirit, this project has a mission for users to empathize, love and be generous with one another.
SANTA Coin's mission is to provide a platform with blockchain technology to connect directly with the community and general users. Blockchain technology is a very complex modern technology, and as a result, it is difficult to explain without seeing it or putting it into it as if you were speaking a foreign language.
Currently, Santa has launched in the crypto industry. The purpose of this platform is to increase the income for those who shake hands with BUSD — basically, if you HODL Santa Coin tokens, you will get USD rewards from the santacoin platform.
How it works
Alright, let's go straight to the most interesting discussion so you can learn: how to get BUSD just by having SANTA tokens? The process is very easy. Just as you are familiar with Binance Pegged BNB, you may also be familiar with the concepts of “reflection token” and “stable coin.” Santa Coin is basically, the name on the platform.
It is a reflection token, as the name suggests. However, unlike other cryptocurrencies that have been launched in the past, Santa Coin can only provide a reflection of the value of Bitcoin. This reflection value will not grant the user any privileges in the scheme, which is very much against what Santa Coin says.
As long as you own SANTA, you can earn additional monthly BUSD income which is equivalent to the percentage of BUSD supply already owned by SANTA token holders. This means that 10 percent of the circulating SANTA is held by individuals, then 10 percent of the BUSD supply will be obtained by SANTA token holders.
Why you should invest in SantaCoin
Have an Anti-Whale system: This is a good and clear strategy so as not to let the whales play at token prices. There will be no sales of more than 0.125 percent of the supply because the platform has a contract structure that Pope does not have. So, if you buy 94.443 percent of the supply, you only have 1.957 percent of the supply.
Buyback: Santa Coin is a digital currency with a payment system that has been developed and will be managed independently with Santa Coin Limited, a Santa Coin subsidiary that can be owned and operated. The function of this feature is to protect Buyback funds and Guest funds at the same time to ensure you get advanced user services. The best part is that Team will repurchase your Guest Reserves for a 3 percent fee.
Liquid asset collection: To advance users by holding SCC, Santa Coin has launched a token based reward feature, and will be on hand to help create Pancake Swap compliant trades. When you log in to invest in Santa Coin, you will be rewarded for contributing to the liquidity of the trading market.
Santa Coin has unique features like 8% redistribution to BUSD. This means that 8% of all buying and selling activities will be automatically redistributed to all token holders. This means that owners do not need to claim their rewards as BUSD as the rewards will be automatically sent to their wallet according to their Santa Coin hosting. In short, users will be able to earn a steady income through BUSD.
Another important feature is the 3% repurchase backup strategy. Here, the tokens collected from this fund are converted into BNB, locked and stored in Santa Coin Contracts. Note, however, that this project has two different back-end schemes: Moonshot Buyback where large purchases are sent periodically and produce a large green candle on the chart and AutoBoost Buyback where small purchases occur to prevent premature sellers. It all creates the right heat and ensures that the price for each token will go up every time a return is activated.
Next is 2% of automated liquidity. The team explains that 2% of all transactions (via Santa Coin) are sent to PancakeSwap for cash. Here, smart project contracts put 3% on all purchases/sales like SANTA and BNB in revenue. At the same time, 1% of all activities are allocated to drive projects in the ecosystem and reward active communities.
Finally, it has a whaling machine. Here, an additional 1% payment is applied to all sales. The move aims to limit swing trading and reduce whale exploitation. In addition, the smart contract will also ensure that no sales of more than 0.2% of the outstanding assets will be recorded and executed simultaneously.
With the dedicated Santa Coin app, users will be able to see how many BUSD indicators they already have. Although rewards are still distributed automatically, Santa Coin will still allow owners to claim BUSD and receive rewards directly.
Santa Coin is building an ecosystem around the racing game SANTA F1. Reports say the Santa F1 racing game is working and will create a new paradigm for digital identity and gaming. Thanks to the blockchain, SANTA NFT will allow players to enjoy the game ecosystem to benefit when skills are rewarded with real value rewards. In detail, Santa F1's in-game assets can have them all, sold and sold by players. At the same time, it can also be used in the game itself — to empower players to play their best.
The santa coin was introduced in November 2021 which is a meme coin which has the sole purpose of making a difference from other competitors in the crypto field which quickly systematically develops the strong online community it has in its first week and with this will be sure that the ecosystem is committed and going in a way that they used in just the first week to develop their own online community.
However, Santa ecosystem also has a core utility goal which is their forthcoming system which will be featured in an ecosystem where users play to earn in their Santa Racing Game and Santa F1 racing game creating a new paradigm for digital purpose. possession and play.
Again, in the ecosystem, non-exchangeable collectible tokens allow players to participate in the game to get the game ecosystem, where skills are rewarded with real value rewards and with this feature shows how unique the Santa ecosystem is and different from other competitors in the world. blockchain or in the global market in general.
HOW TRADERS CAN BUY SANTA COIN
To buy Santa coins is very easy whose ecosystem has made it easier and low cost in purchasing and that is the reason why they have to launch ecosystem on Binance Smart Chain network for an easy way to access or get coins which are also listed on Pancake swap and with Santa coin, contract traders smart can buy it in their trust wallet by pasting the smart contract in Pancake Swap or rather which is very easy to do without being connected to the internet and if you find it difficult to get a smart contract you can visit the telegram group at https://t.me/santa_coin whose admin work tirelessly to implement measures that will promote the growth of the ecosystem and through there all your doubts will be clarified.
ROADMAP
FOR MORE INFORMATION:
WEBSITE | https://santacoin.io/
TWITTER | https://twitter.com/Santa_Coins
TELEGRAM | https://t.me/santacoinbounty
AUTHOR
USERNAME | GeloraJ
BITCOINTALK PROFILE LINK | https://bitcointalk.org/index.php?action=profile;u=2607830
WALLET ADDRESS | 0x527d231C51a39d2aea7428bDC372b0471Ea0C44e