Topic: [ANN] - APE-X TOKEN - page 2. (Read 175 times)

The crypto sphere is an animal kingdom filled with apes, cats, dogs, penguins, etc., all wanting a piece of the pie. As apes, our mission is to be at the top of that animal kingdom — we want that thiccccc slice. In the words of Daft Punk, apes are simply harder, better, faster, stronger. We ARE the kings of the jungle — can I get an ooooh ahhhh? Accordingly, the APE-X token and DAO aim to be the greatest meme token/community to ever exist. Key to claiming this throne is our community




APE-X protocol fees are reflected to:

 1. Provide passive yield to all holders on every transaction 💸

 2. Cause deflation - supply is always being burned 🔥

 3. Auto-generate liquidity  🌊



Total Supply: 10T

Burnt Supply: 51.31%

Liquidity: ~5.17T APE-X/2280 AVAX

Market CAP: ~$13.5M

Fees: 4% of every transaction goes to APE-X holders proportionally

5% of every transaction goes to liquidity


Current:

Meme Token TAM: ~$43B

APE-X SAM: ~$2.3B

APE-X SOM: ~$250M

Expected with LM Mining:

APE-X SAM: ~$20B (predicted by BSC TVL growth in last cycle)

APE-X SOM: ~$2B



LIQUIDITY GENERATION
5% on all transactions is compiled in the token contract. Once 1B APE-X has been collected in the token contract, automatically half of this will be sold to AVAX. The remaining half of APE-X and the recently acquired AVAX will be paired together and added to the liquidity pool.

FRICTIONLESS YIELD
4% of all transactions will be automatically distributed to existing holders of APE-X proportionally. The more APE-X you hold the more rewards you will get from this 4%. No need to stake, no need to waste gas, simply hold and reap the benefits!

DEFLATIONARY
50% of the total supply will be burnt at conception, thus creating the burn address as the largest holder. 50% of the 4% distributed to token holders will be sent to the burn address, further reducing supply!