Promise Token
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.
General
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
Symbol: PROMISE Total Supply: 1,000,000,000,000,000 Instantly Burned: 500,000,000,000,000 Digits: 9
Token Allocation
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
Liquidity Pool
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
Liquidity Locking
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.
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