Launched on 23/03/2021 on the Binance Smart Chain, $LEM is a deflationary token with automatic, frictionless yield farming. A 5% tax is applied to every transaction: 3% is locked forever in LEM/BNB liquidity and is 2% distributed to holders proportionate to their holdings.
Frictionless Yield Farming
No need to create liquidity and to provide your keys! LEM tokens remain in holder’s wallets and they receive the 2% tax distribution without paying gas fees. This means no risk of impermanent loss when compared to traditional yield farming, and no risk of losing funds to malicious smart-contracts. This system rewards long term holders and penalizes speculators.
Hyper-Deflationary and Ever-Rising Price Floor
55% of the supply was burned (=sent to the dead address) at launch. This also receives an allocation of the 2% tax mentioned above, the protocol effectively burns LEM tokens automatically, with an exponential increase over time. In addition the 3% liquidity tax is locked forever, essentially burning those tokens as well. These two features create hyper-deflationary pressures and an ever rising price floor for LEM.
Ownership of the contract renounced - 100% decentralized
Similar to Bitcoin, the dev is anonymous and gifted LEM to the community who is now fully in charge. The key differences are mentioned above, additionally all supply was minted at launch. No more interactions with the contract are possible - ownership was transferred to the burn address, thus eliminating any malicious manipulation through the LEM contract itself.
Use-Cases & Future Developments
Starting as meme coin with a full story telling website (available on v2 soon), LEM plans to develop:
- NFT Farming & Marketplace
- Games
- Mechanisms for $LEM to Support Real-World Charities
LEMUR [LEM] es una token basado en Binance Coin blockchain. El precio actual de un LEMUR [LEM] is 0 €. LEMUR se lista en 0 exchanges con un total de 0 mercados activos. El volumen en 24h de [LEM] es 0 €, mientras la capitalización de mercado de LEMUR de 0 € que la coloca en la posición 'no rank' entre todas las criptomonedas. Puedes encontrar más información sobre LEMUR [LEM] en lemur.finance
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Estado desarrollo | On-going development |
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Código abierto | Yes |
Tipo de prueba | Not mineable |
Algoritmo | None |
Lanzamiento |
23 March 2021
over 3 years ago |
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sitio web | lemur.finance |
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Wallet | Coins Mobile App |
Código fuente | github.com |
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Asset type | Token |
Contract Address |
Explorers (1) | bscscan.com |
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Etiqueta |
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reddit.com |