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LunaDoge is a DeFi meme token inspired by Dogecoin and reflect.finance. It incorporates two key functions during every trade: a 5% tax for static rewards and a 5% tax for automatic liquidity pool acquisition. This system aims to enhance liquidity and price stability while encouraging holders to retain their tokens for long-term benefits.
In LunaDoge, static rewards involve a 5% transaction tax that is distributed among all LOGE holders based on trading volume. This mechanism helps mitigate impermanent loss issues and reduces sell pressure, encouraging users to hold their tokens to earn proportional rewards from every transaction.
Automatic liquidity pool acquisition stabilizes prices and prevents drastic price changes by applying a 5% transaction tax. This tax splits into BNB and LOGE and enhances the liquidity pool progressively. This setup helps larger holders or new investors trade without worrying about slippage, offering long-term price and liquidity stability.
LunaDoge combines elements from Dogecoin and reflect.finance, prioritizing long-term benefits through static rewards and automatic LP acquisition. By distributing transaction fees and enhancing the liquidity pool, it reduces sell pressure and promotes price stability, making it a resilient choice in the Dog-Themed and heco-ecosystem markets.
LunaDoge addresses impermanent loss through static rewards, distributing transaction taxes among holders based on token volume. This approach reduces the impact of market fluctuations and incentivizes hodling, offering a more stable investment strategy within the DeFi and yield farming landscape.
If you encounter issues with LunaDoge transactions, ensure that you're using a supported wallet and that your transaction aligns with the token's trade tax structure. Double-check slippage settings, as the 5% tax for rewards and liquidity affects trade execution. For further assistance, consult LunaDoge's community forums or support channels.
Community-driven DeFi meme token focused on social impact initiatives.
LunaDoge is a decentralized finance (DeFi) project that seeks to blend the engaging and viral nature of meme coins with robust economic models designed to benefit token holders and promote stability. Operating predominantly on the Binance Smart Chain, LunaDoge stands out by implementing a dual-tax mechanism in its tokenomics to achieve this. This mechanism redistributes a portion of transaction fees as rewards to holders, thus providing a passive income stream that increases with transaction activity, bolstering loyalty and long-term holding. Additionally, part of the tax leads to automatic liquidity generation, addressing liquidity challenges by converting taxed amounts into BNB, which are then teamed with remaining tokens to reinforce the liquidity pool. As a result, LunaDoge aims to mitigate common DeFi issues like impermanent loss and sell pressure, contributing to price steadiness and encouraging investor trust. The project's initiation with one quadrillion tokens highlights its origins as a meme coin, drawing enthusiasts from the 'Doge' culture prevalent in cryptocurrency, yet its focus remains on creating positive real-world impact through charity and community engagement. T...
LunaDoge is a decentralized finance (DeFi) project that seeks to blend the engaging and viral nature of meme coins with robust economic models designed to benefit token holders and promote stability. Operating predominantly on the Binance Smart Chain, LunaDoge stands out by implementing a dual-tax mechanism in its tokenomics to achieve this. This mechanism redistributes a portion of transaction fees as rewards to holders, thus providing a passive income stream that increases with transaction activity, bolstering loyalty and long-term holding. Additionally, part of the tax leads to automatic liquidity generation, addressing liquidity challenges by converting taxed amounts into BNB, which are then teamed with remaining tokens to reinforce the liquidity pool. As a result, LunaDoge aims to mitigate common DeFi issues like impermanent loss and sell pressure, contributing to price steadiness and encouraging investor trust. The project's initiation with one quadrillion tokens highlights its origins as a meme coin, drawing enthusiasts from the 'Doge' culture prevalent in cryptocurrency, yet its focus remains on creating positive real-world impact through charity and community engagement. The roadmap carefully outlines ambitions for expanding the ecosystem by integrating decentralized applications and NFTs, underlining LunaDoge's dedication to enriching the user experience and fortifying its community-focused mission. While currently, trading activity is low, as reflected in the available market data, LunaDoge encourages potential investors and participants to explore its long-term vision to better understand the value proposition presented by its blend of philanthropy, community, and DeFi innovation.
