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Visit MoonShot platforms!
MoonBoxes.io - a NFT launchpad for content creators/Artists
MoonSea.io - is a NFT marketplace
What is Moonshot? Moonshot is a frictionless yield and liquidity generation smart contract which applies a 10% fee to each transaction, be that a buy, sell, or transfer from wallet to wallet. This transaction fee is split into two portions which serve separate functions. 40% of this fee (4% of the total transaction value) is redistributed to wallets holding Moonshot tokens. The number of Moonshot tokens that each wallet receives is directly proportional to the percentage of the total Moonshot balance that is held in that wallet. This means that Moonshot holders do not need to do anything other than hold Moonshot tokens in their wallets to receive Moonshot token rewards. It is worth noting that the burn address (0x000000000000000000000000000000000000dead) also receives a portion of this fee due to it being technically a "wallet". This further reduces the circulating supply of Moonshot tokens. Thus making Moonshot a deflationary token which is designed to increase in scarcity and so in value over time. The remaining 60% of this transaction fee (6% of the total transaction value) is added to the Pancake Swap liquidity pool. The liquidity added to the Liquidity Pool promotes price stability by adding 6% of every transaction to the overall liquidity of the token, increasing the overall liquidity of the token supply and acting to support the price floor of the token. This mechanism acts to minimize price impact when large numbers of tokens are sold together.