Heter Iska Coin is a BEP20 token on Binance Chain. The income model of HeterIska Coin depends on major four parameters on early launch. In each transfer, 3% is awarded to all liquidity pool (LP) token holders. Prelaunch, we set and locked three different wallets, first with the 0.5 of all tokens is sent to the project evolution fund, the second is set to charity wallet with 5% for global charity and scholarships, the final one is antiwhale wallet against price manipulation with 7% of all tokens, Vast amount buyers pay an additional 10% cut, which is transferred into this wallet. In time all the amount of fees will decrease to the lowest possible.
To get to know the terms and meaning to make a shared income
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Hold to earn: Each Currency creates an economy in time and long term holders gain in time in most cases. Our aim is to be a global currency for our community.
AntiWhale Movement Actions: We described a maximum transfer amount for each transaction to prevent anti Whale movements. By this way we hope to support our holders to avoid price speculation called pump and dump..
Hold to farm liquidity: Inspired by the way the reflection fee works, we set out to devise a way to incorporate the same type of hold-to-earn mechanics as a way to reward LP token holders. This is accomplished very simply by accumulating the 2 % liquidity fees from every transfer in the token contract and sending them to the liquidity pool on every buy and sell. The amount of tokens awarded to LP token holders is 3 % of every buy and sell, as long as there are sufficient tokens in the contract to pay the reward. On the release, 25% of the supply is initially sent to the contract to provide these rewards, and it is sustained by the liquidity fee on every transfer until the contract is depleted and the liquidity fee can be reduced to 0%.
Project evolution: The project evolution fund is 0.4% fee on every transfer. Being a community based project, holders will have the opportunity to help decide what utilities and features are developed and where marketing funds are spent.
Contract ownership/fee reduction: Our aim is to eventually become a fee-less token for maximum usability and transferability. The first fee to be reduced will be the liquidity fee. As liquidity grows and becomes more decentralized, this can be gradually reduced until there is no fee. In order to accomplish this, contract ownership must be retained. The ability to change these fees has been programmed in a way where the developer can never raise fees, only lower them, to prevent any risk of abuse.
Charity Wallet: As HeterIska Coin depends on our values, we aim that every member of our community in need can benefit our common wealth. We dream to be our digital monet world wide to bring wealth to our society.