This is your chance to be part of a crypto launch at the beginning. Check out Ride Defi Token.
Seattle, Washington Sep 19, 2021 (Issuewire.com) – Ride is a New DeFi token preparing to launch. It is created for all as an asset with a 5% reflection built in for holders. Overall Ride has a 10% transaction fee when sold to encourage holding but when Ride is sold 5% will be distributed to holders, 3% goes to liquidity and 2% will be a true burn to the burn wallet. Ride will be your Digital Transportation!
Ride is truly a smart contract system on the Ethereum Blockchain. Our DeFi Token contract has been written and reviewed by three developers. It has been enhanced for speed and efficiency. It has been checked for security and vulnerability issues passing with 0 issues[MythX Audit]. We have enhanced functions in our contract so it can be updated when Uniswap and other Exchanges update, this way we are not left behind on unsupported systems. We will always be functioning efficiently. It is the most advanced and latest in smart contracting.
The tokenomics can be summarized into 3 fundamentals: Reflection, Liquidity Pool Acquisition and a True Burn.
5% fee is redistributed to all existing holders
3% fee is split 50/50 half of which is sold by the contract into ETH, while the other half of the RIDE tokens are paired automatically with the previously mentioned ETH and added as a liquidity pair on Uniswap.
2% is distributed to our Burn wallet, which is a true burn. Our Burn wallet will not be able to receive reflections. This means the full reflections go to the holders and the burn wallet can not reduce the percentage of reflections going to the holders.
Ride DeFi Tokens are an asset and can be purchased internationally but not only that we will be developing an ecosystem for the usage of Ride. We will build a solid foundation with a feature-rich Ride Marketplace. One of our main features in the marketplace will be an optional use escrow system for safe transactions. Also, we plan on developing mobile apps in several fields such as games, charity tools, and more. All based on the usage of the Ride DeFi Token, built with integrity.
Source :RIDE Defi
This article was originally published by IssueWire. Read the original article here.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Boston New Times journalist was involved in the writing and production of this article.