0x440d7faccd228dc8c4c20220391eeb5130fc8751
Shekal deploys 3 functions: Reflection + LP acquisition + Burn In each trade
The transaction is taxed a 10% fee, which is split 2 ways.
5% fee = redistributed to all existing holders
5% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the Shekal tokens are paired with that BNB , added as a liquidity pair on Pancake Swap.
AUTOMATIC BURNS
With the rise of Defi, we have seen a lot of new cryptocurrency developers get stuck with a high APY LP-farming problem, where they are pushed out by other buyers with higher staking rewards. More often than not, inevitably the token suffers from the value bubble and when it pops, so does the token. This is a key factor in the recent popularity of static rewards.
The dig has begun!
This coin has absolutely crazy moon potential.
It's an auto-liquidity reflection token. Rug-pull proof (doxxed dev, liquidity locked).
It hit up to $1M in just eight days,
THATS UP 400K FROM JUST YESTERDAY!!!!!!
Only eight days old, the community has doubled in size and is incredibly friendly and helpful.
It's still super early, and has potential to go up to $500M market cap.
CoinMarketCap and CoinGecko application submitted.
We are community based and PUMPING!
I got my bag. Will you?
Its still super early!!!
Join the adventure to the moon
Website – https://www.shekal.finance/
Telegram - https://t.me/shekalfinance
Discord – https://discord.gg/wT66JxBr
PancakeSwap – https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x440d7faccd228dc8c4c20220391eeb5130fc8751
Chart - https://poocoin.app/tokens/0x440d7faccd228dc8c4c20220391eeb5130fc8751
Our own subreddit - https://reddit.com/r/shekalfinance/
Facebook: https://facebook.com/shekal-finance-109492251277492/
Twitter - https://twitter.com/shekalfinance
BSCScan: - https://bscscan.com/token/0x440d7faccd228dc8c4c20220391eeb5130fc8751
STATIC REWARDS
First off, the reward amount is conditional upon the volume of the token being traded. This mechanic aims to stop some of the downward selling pressure caused by earlier adopters selling their tokens after farming. Second, the reflect mechanism encourages holders to hang onto their tokens to get higher kick-backs which are based on percentages carried out and dependent upon the total tokens held by the owner.