Introducing PoorRug, the first proof of burn deflationary Memecoin
Many of you may be familiar with the PoorFag ($FAG) memecoin, known as $FAG. It was created as a copy of $BONK with 2% transfer fee for every transaction, and a staking pool to collect the transfer fees, to exit the pool there is a 5% unstaking fee also going to the staking pool.
$FAG gained a decent amount of attention on Twitter. Unfortunately, the developer of the project (Telegram: @bestetherdapps aka Joe Blow) decided to sell his stake, and claimed he did this without warning in order to not cause a panic sell. Obviously this was not well received by the community and a massive price drop followed, therefore we have decided to create another project that would be 1:1 token swap for $FAG token.
Why another project? There is already an established community around the $FAG token, it makes sense bring them over to PoorFag.
What is PoorRug?
We serve to be the ultimate memecoin and home for all those who get rugpulled and scammed. With no dev premine, this is the ultimate community coin. We have a lot of future plans currently in development for Poor.
NFTs will be created for those who stake ETH/Poor tokens and will be created with a community owned treasury which will hold a number of crypto assets.
The token itself will also be deflationary. Each transfer of $Poor will involve a 3% fee. 1% will go to the ETH/Poor liquidity pool, 1% will go to the treasury and 1% will be burnt.
Tokeneconomics
The total supply of $Poor is 791,210. 491,210 is migrated from $FAG, 270,000 is liquidity farmed and 30,000 is reserved for marketing and development.
Learn more at www.PoorRug.com
Etherscan: https://etherscan.io/token/0x9d24b60d5eefe710348cc59173b166a256cbffcd
Join us on telegram: t.me/PoorRug
Twitter.com/PoorRugOfficial