Smile World Token

What is Smile World Token?

Smile World Token is a deflationary, static yield farming, automatic liquidity generating token on the Binance Smart Chain. This means that the supply of Smile World Token will shrink over time, you can farm more tokens simply by holding Smile World Token in your wallet, and there will always be a liquid market for Smile World Token.

How does Smile World Token work on LP?

Smile World Token works by taking a 10% fee on every transaction. That fee is broken up into 2 parts. Reflection – 50% of the fee (5% of the transaction) is distributed to every wallet that holds Smile World Token on a percentage basis. The more Smile World Token you hold the more you will receive! LP Generation – 25% of the fee (2.5% of the transaction) collected in Smile World Token is sold into BNB. That BNB is married up with the remaining 25% of Smile World Token and deposited back into the Dodoex liquidity pool. These two functions work together to reward holders and punish whales. Wait! Won’t the sell order from the LP generation create downward pressure on the price? Mathematically yes it does, realistically however that pressure is minimal. It takes a large amount of volume to push the price in one direction or another. If you consider the fact that the sell order being placed is only 2.5% of the overall transaction, quickly will you understand that the small sell order is negligible relative to the overall volume. Furthermore the LP generation function acts as a fantastic risk mitigation tool as it helps to keep the market liquid, the liquidity pool balanced, and therefore the price stable.

How to buy Smile World Token?


Whitepaper

Overview

Smile World Token works by taking a 0.001 BNB fee on every transaction. That fee is broken up into 2 parts. Reflection – 50% of the fee (5% of the transaction) is distributed to every wallet that holds Smile World Token on a percentage basis. The more Smile World Token you hold the more you will receive! LP Generation – 25% of the fee (2.5% of the transaction) collected in Smile World Token is sold into BNB. That BNB is married up with the remaining 25% of Smile World Token and deposited back into the Dodoex liquidity pool. These two functions work together to reward holders and punish whales.

Wait! Won’t the sell order from the LP generation create downward pressure on the price? Mathematically yes it does, realistically however that pressure is minimal. It takes a large amount of volume to push the price in one direction or another. If you consider the fact that the sell order being placed is only 2.5% of the overall transaction, quickly will you understand that the small sell order is negligible relative to the overall volume. Furthermore the LP generation function acts as a fantastic risk mitigation tool as it helps to keep the market liquid, the liquidity pool balanced, and therefore the price stable.


Tokenomics

Token Name: Smile World Token
Symbol: SWT
Max. Supply: 899,000,000,000
Decimal: 8
Contract Address: 0x6e6c1984dfa2091fd2eaf4e9cd603c82a04fdbae


Pre-Sale
Soft Cap: 50 BNB
Hard Cap: 150 BNB
Pre-Sale Price
1 BNB = 499,994.642350 SWT
1 SWT = 0.000002 BNB


Smile World Token Community:

Telegram: https://t.me/smileworldtoken
Facebook: https://www.facebook.com/groups/smileworldtoken
Twitter: https://twitter.com/smileworldtoken

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