Luna Classic Rise
Litepaper — index
What is Luna Classic Rise?
Why Binance Smart Chain?
What is hyper-Deflationary ?
How LunaCRise provide Hyper Deflationary ?
Burn Calender
Supply distrubition
Tokenomics
What is LunaCrise?
LunaCrise is a community driven based hyper deflationary token in the Binance smart chain network
Why Binance Smart Chain?
To be blunt, Ethereum’s current gas prices are excessive, and the barrier to entry for on-chain operations is only increasing. Binance Smart Chain is now available. By using BSC, we will be able to significantly enhance transaction speed while also lowering transaction fees. Isn’t that ideal.
What is hyper-deflationary ?
As you know, inflation can occur due to the lack of limited supply in central currencies, which reduces the rate of use of that currency for investment purposes. This should be the biggest benefit of crypto money, such as limited supply (like bitcoin). However, limited suppy does not always find a solution to inflation, nor can it find a solution to price volatility.
Hyper deflationary is to ensure that the token or coin does not create inflation by using all the technology and techniques at its disposal.
How LunaCRise Hyper-deflationary ?
1. Auto burn mechanism
A portion of the tax taken in each trade is burnt. This constantly reduces the supply, the reduction of the suppy technically increases the value of the LunaCR token in your hand. The difference of crypto currency from fiat currencies is that it is limited.
LunaCrise burns some of the supply, which it has reserved and locked before launch, with certain calendars. This will have an effect on the reduction of Suppy and price increases, especially when the volume is low (when the auto burn mechanism does not work actively). A total of 20% LunaCR tokens are reserved and locked for event burns.
Burn Calender
20% supply will burn every week in the first 2 months. The reason for it being weekly is that especially our first investors get more opportunities.
1. %2 will burnt 26.12.2022 ( Burnt Already )
2. %2 will burnt 02.01.2023
3. %2 will burnt 09.01.2023
4. %2 will burnt 16.01.2023
5. %2 will burnt 23.01.2023
6. %2 will burnt 30.01.2023
7. %2 will burnt 06.02.2023
8. %2 will burnt 13.02.2023
9. %2 will burnt 20.02.2023
10.%2 will burnt 27.02.2023
SUPPLY DISTRUBUTION
60% pancake swap
10% Team wallet ( Locked )
20% burn event wallet (%2% per wallet )
10% Burnt After Launch
TOKENOMICS
%10 Buy & Sell
%5 burn LunCRise
%2 Rewards LunC
%2 liquidty
%1 Marketing
Little Reminder ….
We have used it for Funds Buyback and Burn that has been accumulated in Marketing Wallet so far.
Also, the LunC rewards Accumulated in Burn Event wallets and Team wallets have been used for Burn & Buyback so far.