Life Token V2 Tokenomics

Hello everyone,

Welcome to our Medium page, here you can find all the most important official information about upcoming developments in the Life Token project.

We are here to update you on what our revolutionary tokenomics Life Token V2 will have.

Our blockchain developer is working night and day, producing our proud revolutionary contract. We are proud to announce our tokenomics have been approved in the final round of voting by the whole team and the developer, we can finally reveal it to you:

WHEN BUYING LIFE TOKEN (This will never change)

-> Charity = 1%
-> Marketing = 2%
-> Redistribution = 5%
-> LP = 2% (50% is in LTN and 50% is in BNB)
-> Buy Back & Burn — 2%

[OVERALL 12%]

— — — — — —

WHEN SELLING

(Week 1) (33%)

-> Charity = 1%
-> Marketing = 4%
-> Redistribution = 5.75%
-> LP = 19.25%
-> Buy Back & Burn = 3%

Week 2 (29%)

-> Charity = 1%
-> Marketing = 4%
-> Redistribution = 6.5%.
-> LP = 14.5%.
-> Buy Back & Burn = 3%

Week 3 (24%)

-> Charity =1%
-> Marketing = 3%
-> Redistribution = 7.25%.
-> LP = 9.75%
-> Buy Back & Burn = 3%

Week 4 (21%)

-> Charity =1%
-> Marketing = 2%
-> Redistribution = 8%.
-> LP = 7%
-> Buy Back & Burn = 3%

Week 5 (18%)

-> Charity = 1%
-> Marketing = 2%
-> Redistribution = 8.75%.
-> LP = 4.25%
-> Buy Back & Burn = 2%

Week 6 (18%)

-> Charity = 1%
-> Marketing = 2%
-> Redistribution = 9.5%.
-> LP = 3.25%
-> Buy Back & Burn = 2%

Week 7 (18%)

-> Charity = 1%
-> Marketing = 2%
-> Redistribution = 10.25%.
-> LP = 2.75%
-> Buy Back & Burn = 2%

Week 8 (18%)

-> Charity = 1%
-> Marketing = 2%
-> Redistribution = 11%.
-> LP = 2%
-> Buy Back & Burn = 2%

Although the community vote had expressed interest in an incremental system for Market Cap, we were advised by the deveveloper for problems related to code and possible systems to exploit it that were very easy to achieve.

Consequently, we opted for a weekly update system, at the end of which the total redistribution will be 5% in buy back and 11% in sell back. This means that if X user buys and then sells his tokens, 16% of his transaction will be redistributed in BNB to all holders. Also due to the high percentage of LP fees for the first few weeks, we will be able to stabilize very quickly with a much larger LP than we currently have.

Since this re-launch needs to be huge, we realized that doing a simple pre-sale through dxSALE would not be enough. By now, the aforementioned platform is full of rug-pulls and scams. Instead, we decided to do an IDO on a dedicated platform.

We applied for an IFO on both PanCakeSwap and ApeSwap, as well as several tokens that exist only for this, among them Astronaut, who filled 2 days ago a presale of over $500,000 for another project, in just 30 seconds, and without any kind of marketing from the project itself.

In addition, we are considering the possibility of changing DEX.

PanCakeSwap, without any kind of regulation, allows any project to be listed, resulting in a market more like the wild west than anything else. Our choice will probably fall on ApeSwap, one of the new DEX with the biggest growth rates at the moment, with many more features, which would allow us to have several FARMs and staking pools for our users, as well as huge publicity on a platform composed only by serious and experienced projects and investors.