Promise Tokens are used to invest in our idea of changing online gambling and casinos to a decentralized web3 method. You can stake your Promise Tokens and increase your holdings through the app.
Promise Token is a BEP-20 based token which is considered as shares of Promise Company. We are building a brand with the Promise Company and investors can benefit from our development and innovations. Also, Promise investors can take advantage of our staking app and increase their Promise Tokens.
PROMISE – Tokenomics
Total Supply: 1,000,000,000,000,000
Instantly Burned: 500,000,000,000,000
Instantly Burned: 500,000,000,000,000 | (50%)
Available For Staking: 425,000,000,000,000 | (42.5%)
Team Wallet: 50,000,000,000,000 | (5%)
Marketing: 25,000,000,000,000 | (2.5%)
Token Shortage: Burning
Simultaneously with the launch of the Promise project, 50% of the total supply was burned, leading to a permanent shortage of tokens and a greater value of a Promise token. Besides, every swap made with Promise Tokens, 2% of the amount will be sent to a dead address. This leads to a shortage that goes permanently for every swap made.
Dead Address: 0x000000000000000000000000000000000000dead
The Promise project cannot run without liquidity. Because without liquidity, buyers of Promise tokens can't sell again and the purpose behind the project would be lost. To prevent a rug pull, liquidity was already invested at the launch of the project.
In addition, 2% of the total 4% fee is charged for each transaction, which is directly transferred to the liquidity pool BNB/PROMISE LP tokens. Thus, the price floor is permanently increased and the circulating supply is reduced.
-> Increase of the Promise Token
To ensure that Promise Tokens is unassailable, we "burn" these tokens on a regular basis, permanently locking liquidity. The burns are completely transparent, are recorded on the blockchain, and are carried out on a regular basis.
-> This liquidity will be available forever and cannot be reversed. Thus, security for the Promise Tokens is guaranteed.