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Why did put the anti whale mechanism? Don't you think people should have the right to transact as much as they wish?
what benefits will bring it to it?
Definitely there are freedom of transaction, but in case you didn't know, there are people using bot to manipulate transaction and the average legitimate user ends up getting hurt, this is the reason to have a control and some limitations. Please do more research on this to get more understanding why such is needed. Same reasons banks has limitation on transactions in case of fraud. |
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Token buyback and burn will come as part of the marketing fee, this will be community driven by way of consensus to determine the details of token buyback and burn. Due to limited supply of the token it's impractical to include a constant burning in the protocol, instead the team and community will drive the burning event. MLOKY is a second token within LunaChow ecosystem and you can see the whitepaper on our website https://lunachow.com. LunaChow ecosystem currently has 2 tokens - LUCHOW & MLOKY, and we have NFT Marketplace live, more features is under development that'll create more use case for both tokens in our ecosystem. So your community will need to actively vote to determine the amount of the token burned instead of having an assurance that certain amount of token gained from fixed percentage of fee is gping to buyback and burn? What'll happen if your community vote the entire marketing budget to be used for buyback? This will never happen as the token buyback & burn is an occasional events that'll be announced in the community by the team on the amount schedule for burn etc, The community can vote yes or no and also gives opinion. We have done similar community consensus many times in the past, as you may know, MLOKY is not our first token, so we got a hang of this already. We have a limited token already, doing a fixed burn is impractical as there'll be a point where token burn will be too excessive or too expensive, so occasional burn is very practical. And focusing on burn alone is not really the most important feature of a token, it's just there mostly as an additional feature and that can be triggered manually occasionally. So the burning program is not exactly "community driven" as team dictate when and how much is burned, your community can only gives a yes and a no, but nothing exactly specific? And yes, I am well aware that this is not your first token, as you've repeatedly said --kinda hard to not notice, after the second time you informed us-- but that is exactly where the concern stemmed from, because, one, the other project is not exacatly... popular, and now --two-- you said that you have enough experience on the similar consensus --namely community driven burning-- while your previous project only have one burning and that happened on the eariest phase of the project and was planned from an even longer time, so I highly doubt that the burning is te result of your community-driven decision. And yes, I am also aware that you ave another buyback-and-burn feature on that token, but I an also see that there are no toher burning happened since, given the total amount sent to the burning address is the exact amount of the initial burn --99.9% of the total supply.  First, you are mentioning LUCHOW which has a different initial burn structure from the MLOKY, not sure how you draw the conclusion of similarity here, second you have no idea of everything about LUCHOW, as this token is on 7 blockchain, about 15 DEXs and CEXs total and some minor burn is happening on other blockchain, and that token has no team allocation, It has a token buyback solely funded by the team. Liquidity provision and marketing has been solely team funded, since there's no token allocation like other project do. Please always read and research before you draw conclusion. Also, this post is about MLOKY and how it's structured, not sure what the issue is about burning a token that's already low supply, and you're referring to the community saying to use all marketing fee to buy back and burn. I think you are choosing an aspect of a this token and decided to create a FUD with it. This would be the last time I'll entertain your post as it's becoming clear that you're trying to create a FUD. The team is there to guide the community in the decision of the token buyback and burn, so as to prevent a disastrous and irrational decision that can arise due to human nature from time to time. Community driven is based on some consensus and feedback on the direction. For the most part the team work in the direction of as the community suggests in as much as the path seems beneficial to the ecosystem. Community can drive in various ways, regarding the burn, they could call for the burn event in which the team will allocate certain amount to be burned, and sometimes they could involved in how much token is burned. So this is a dynamic situation and there's no one size or fixed set on stone here. The goal is not to completely burn 100 million token, the goal is to create a burning an occasional burning event that can reduce the amount in circulating supply and this can be called by the community via consensus. |
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Token buyback and burn will come as part of the marketing fee, this will be community driven by way of consensus to determine the details of token buyback and burn. Due to limited supply of the token it's impractical to include a constant burning in the protocol, instead the team and community will drive the burning event. MLOKY is a second token within LunaChow ecosystem and you can see the whitepaper on our website https://lunachow.com. LunaChow ecosystem currently has 2 tokens - LUCHOW & MLOKY, and we have NFT Marketplace live, more features is under development that'll create more use case for both tokens in our ecosystem. So your community will need to actively vote to determine the amount of the token burned instead of having an assurance that certain amount of token gained from fixed percentage of fee is gping to buyback and burn? What'll happen if your community vote the entire marketing budget to be used for buyback? This will never happen as the token buyback & burn is an occasional events that'll be announced in the community by the team on the amount schedule for burn etc, The community can vote yes or no and also gives opinion. We have done similar community consensus many times in the past, as you may know, MLOKY is not our first token, so we got a hang of this already. We have a limited token already, doing a fixed burn is impractical as there'll be a point where token burn will be too excessive or too expensive, so occasional burn is very practical. And focusing on burn alone is not really the most important feature of a token, it's just there mostly as an additional feature and that can be triggered manually occasionally. |
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Token buyback and burn will come as part of the marketing fee, this will be community driven by way of consensus to determine the details of token buyback and burn. Due to limited supply of the token it's impractical to include a constant burning in the protocol, instead the team and community will drive the burning event. MLOKY is a second token within LunaChow ecosystem and you can see the whitepaper on our website https://lunachow.com. LunaChow ecosystem currently has 2 tokens - LUCHOW & MLOKY, and we have NFT Marketplace live, more features is under development that'll create more use case for both tokens in our ecosystem. |
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MLOKY A deflationary token with a revolutionary reward system and auto liquidity generating protocol launched on Binance Smart Chain. Earn an endless passive income by holding MLOKY in your wallet. Rewards will be paid in BUSD (Binance pegged USD) & LUCHOW token.
Features Reflection: $BUSD & $LUCHOW Reflections: Earn Binance pegged USD ($BUSD), and $LUCHOW rewards by holding your MLOKY token - 6% of every transaction is redistributed automatically to your wallet.Auto liquidity: Our smart contract allocates 2% of every transaction as MLOKY and BNB into the locked liquidity pool which increases the total available liquidity and ends up resulting in price stability.Marketing: 3% of the transaction tax is allocated to marketing. This will help to consistently create more awareness of the LunaChow ecosystem.Charity for kids: 1% of the transaction tax is allocated to the LunaChow charity program. The program ensures constant reach out to the most vulnerable in our society, the kids who need our help.Deflationary: There will be occasional LUCHOW & MLOKY token buyback and burn which limits the circulating supply of all tokens in our ecosystem.Anti-whale mechanism: Our Anti-Whale mechanism ensures that no single transaction exceeds 1% of the total supply.
Connect with Us
Tokenomics Presale 50% Liquidity 37.5%% Marketing 12.5%%
join us
MLOKY Fair Launch - Feb 1, 2022 |
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LUNACHOW LunaChow is the first cryptocurrency built not only for the masses but by the masses. With an unprecedented burn schedule, the LunaChow model empowers users with the ability to easily transact in the network's native token while also benefiting holders over the long term.
By partnering with existing industry payment providers, LunaChow's global applicability and true fair launch make it the perfect cryptocurrency for the future. Energy-efficient, fairly launched, and governed exclusively by the community, LunaChow helps to usher in a new era of cryptocurrency fairness and adoption!
The first decentralized ERC-20 token with an aggressive burn structure. It is 100% community-driven. LunaChow token will serve as a powerful payment tool for global citizens. LunaChows core values of transparency, collaboration, and commitment deliver unprecedented integrity to the growing Dogecoin family.
Connect with Us
Tokenomics
LunaChow's tokenomic structure stands as one of the most defining elements of the project. As previously mentioned, other projects utilize an aggressive burn schedule that seeks to benefit the stakeholders. However, these incentive structures often fail to account for the long-term implications of their methodologies, resulting in unforeseen circumstances later down the road. The LunaChow team carefully experimented with potential incentive models before arriving at a surprising conclusion the inevitable amount of tokens burned factors ultimately into how the market forward prices the token's value.
The reality of this situation deserves careful consideration. The value of a token burn accrues in the token market price more rapidly than the burn itself occurs. This process occurs due to rational human action and incentive users understand that a future burn will increase the value of their tokens are preset future point and, as that point approaches, the price reflects this burn. Subsequently, the token price falls slightly after the burn due to the price discovery associated with the expected price impact of the burn versus the actual price impact. The results of this analysis surprised the entire team: burn now, not later.
LunaChow serves as the first member of the Dogecoin family to undertake extensive analysis of the existing burn structures on the market today. Our results led us to establish a revolutionary burn schedule: 99.9% of LunaChow tokens undertake a unique burn approach upon project launch. The results of this intense burn schedule allow the value of the initial burn to inject an elevated value to token holders immediately. Rather than spreading the burn mechanism over a longer period, forcing users to deal with esoteric forward pricing mechanisms and a high likelihood of market uncertainty, LunaChow delivers the latent value of a burn schedule to our users all at once.
Roadmaps The LunaChow roadmap outlines where we started, where we stand, and where we plan to go as a community. The ultimate direction of the LunaChow platform rests firmly in the hands of the community the existing roadmap serves as an initial guide for early features and protocol development. After completing the fourth and final phase of the roadmap, subsequent developments must go through the formal community governance and consensus process. The existing roadmap is as follows:
Phase I
o LunaChow MainNet Launch
o Website Release
o Whitepaper Release
o 99.9% Token Burn Event
Phase II
CoinMarketCap listing
CoinGecko listing
Social Media Marketing Campaign
Charity Drive Launch
Phase III
Third-Party Smart Contract Audit
Website Redesign
Merchandise Store Launch
Unified Multimodal Wallet (Stage I)
Phase IV
Exchange App Development (Stage I)
Partnership with Payment Systems Provider
Global Multimedia Marketing Campaign |
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LunaChow staking is now live on Latoken exchange. You can receive up to 61% when you stake your LUCHOW on Latoken. LunaChow is DeFi token on Ethereum network. It's the the only token with the most aggressive burn structure. 99.9% burned. Burn baby Burn!!! Listed on CoinGecko https://lunachow.comTG: @LuChow |
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Luchow investors have received over 600% ROI since launch. Soon it will reach the moon. Invest it while its price is low. You will thank yourself later. For more info: www.lunachow.com |
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The newly released token LunaChow is up by about 400% since we launch. LunaChow is decentralized token on Ethereum network. Token is also available on BSC via Bridge network. Check out website : https://www.lunachow.comTelegram: https://t.me/LuChow |
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