We didn't invent the hourglass contract - we just made it better.
675K TRX in contract; just went live 2/3/21.Explainer video: https://youtu.be/NJHaYm7Nm6UCRYSTAL ELEPHANT TOKEN (CETO): https://crystalelephant.netA dividend-producing hourglass contract that promotes a culture of savings and longevity. The token increases and decreases in value algorithmically with every purchase or sale, producing dividends for tokenholders through each transaction fee. One level of referral. Penalties for early withdrawal before 30 days.
Profitability through patience.
How It Works: The basic structure for the Crystal Elephant Token (CETO) contract comes from a clone of the well-vetted and audited P3D open-source contract - also known as an hourglass contract - with modifications made to incentivize longevity. Tokenholder is encouraged to hold tokens for 30 days+ or suffer a sliding scale of penalties for early withdrawal. Penalties are added to the transaction fee and distributed to other tokenholders.
Process: Exchange Tron (TRX) for tokens that rise or fall algorithmically with every sale. Ten percent of funds from every transaction - deposited, withdrawn, or transferred - are taxed and proportionally distributed to all tokenholders as dividends. Penalties as high as 75% will be assessed for those who withdraw before 30 days.
Withdrawals of principal are as follows:sell between 0-9 days (0-864,000 seconds),
lose 75% of its valuesell between 10-19 days (864,001-1,728,000 seconds),
lose 50% of its valuesell between 20-29 days (1,728,001-2,592,000 seconds),
lose 25% of its valuesell on or after 30 days, you receive 100% of your principal value
Contract: https://tronscan.org/#/contract/TLqB1kuXuKeKzeGkvrZjpLA6Kz6pN2LHj5Code: https://github.com/ceto-code/ceto-contractLess than 13 TRX/CETO now - it is still EARLY.
Aggressive roadmap to support our community of savers planned for the next 90 days to maximize your value.
Contact
social@crystalelephant.net for bounty program information
RIDE THE ELEPHANTTwitter
https://twitter.com/cetokenDiscord
https://discord.gg/Jxg8GzZ3kqTelegram
https://t.me/cetokenYouTube
https://www.youtube.com/channel/UCNRN6hw26z6TGWiZpAk5XXQ
“Strength. Wisdom. Loyalty. Be the Elephant in the Room.”
