EverMoon Unveils Tax and Distribution Mechanism for Enhanced Community Benefits
EverMoon, a crypto project built on the Ethereum blockchain, is proud to announce its mission of establishing the most influential community in the Web3 space. EverMoon envisions a future where individuals from diverse backgrounds can come together, connect, and unleash their creativity in a collaborative and learning-driven atmosphere. With its unique tokenomics and a commitment to community engagement, EverMoon aims to break down barriers and create opportunities for all to access the exciting world of blockchain technology.
Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development
EverMoon aims to create an environment where individuals from diverse backgrounds can connect, collaborate, and unleash their creativity. EverMoon strives to foster a supportive atmosphere that encourages continuous learning, collaboration, and personal growth. Every member of the EverMoon community is valued, and their contributions are instrumental in shaping the collective wisdom of the community.
By enabling inclusivity and promoting the democratization of blockchain, EverMoon seeks to revolutionize the way communities interact and thrive in the Web3 space.
Tokenomics
The heart of the EverMoon ecosystem lies in its native token, $EVERMOON. Designed with a focus on sustainability and rewarding contributions, the tokenomics of EverMoon align with the values and goals of the community. The team is committed to creating a thriving and dynamic economy where members’ participation and contributions are recognized and incentivized.
The tokenomics of EverMoon are as follows:
Total Supply: 1,000,000,000 $EVERMOON
With every transaction, whether it’s a buy or sell, a 5% tax is imposed, and the funds are allocated to various aspects of the EverMoon ecosystem.
Read More About Fintech Interview: Global Fintech Interview with Michael Rangel, Founder and CEO at Novo
The tax and distribution breakdown is as follows:
1% BUYBACKS: One percent of each transaction will be used to buyback $EVERMOON tokens, highlighting the team’s long-term vision for the project. This strategy aims to support the growth and value appreciation of the token.
- 1% MARKETING: One percent of each transaction will be allocated to marketing efforts, ensuring the project receives the visibility and exposure it deserves. This investment will enhance all marketing activities and create awareness among potential investors and enthusiasts.
- 1% DEFLATIONARY: One percent of each transaction will be automatically burned, effectively reducing the EverMoon token supply forever. This deflationary mechanism contributes to the scarcity of $EVERMOON tokens and potentially increases their value over time.
- 1% LIQUIDITY PROVISION: One percent of each transaction will be added to the liquidity pool, ensuring the stability and liquidity of the $EVERMOON token. This strategy enhances trading efficiency and provides a solid foundation for the token’s market presence.
- 1% REDISTRIBUTION MECHANISM: One percent of each transaction will be reflected back to holders, promoting long-term engagement and loyalty within the EverMoon community. This redistribution mechanism rewards holders and encourages them to continue supporting the project.
To further incentivize holders, EverMoon has introduced the Diamond Hand Tax. This tax applies a 5% charge on all transfers, including buys and sells. The allocations from this tax mirror those of the buy and sell taxes, creating additional tokenomics and encouraging holders to maintain their positions.
EverMoon welcomes both experienced blockchain enthusiasts and newcomers to the Web3 world to join its growing community. By cultivating a space where ideas flourish, connections thrive, and innovation knows no bounds, EverMoon offers an opportunity to shape the future of Web3. Whether you are a creator, developer, innovator, or simply someone passionate about blockchain technology, EverMoon provides a platform for collaboration, learning, and personal growth.
Browse The Complete Interview About Fintech : Global Fintech Interview with Sankaet Pathak, CEO at Synapse
[To share your insights with us, please write to sghosh@martechseries.com]
