🪙Tokenomics
$LUNANAS is a BEP20 token which serves as a Luna Classic vehicle to provide rewards to holders through reflections of Luna Classic based transaction volume.
$LUNANAS is a highly deflationary low supply token with 2% off all transactions buying a burning the supply. The supply is 1 Million with no minting function.
Base Fees of 10% on buys and 10 % on sells are charged on every swap (buy, sell, transfer) and are critical to sustain the integrity of the rewards system that lies at the heart of $LUNANAS. Collected fees serve as capital to support the rewards and deflationary system.
It’s important to note that majority of these fees cycle back to users in various forms. The tokenomics is designed to benefit holders that hold tokens for a long time. By incentivizing investors to hold tokens, we can create a healthy chart and a steady stream of rewards which will in turn encourage new investors to join the community.
The buy trading fees can be broken down as follows:
5% Luna Classic Rewards: This transaction volume directly funds a reward pool that is redistributed back to holders in the form of Luna Classic.
2% Treasury Fund: The Treasury Fund is used to fund marketing, future development of the ecosystem and team related costs.
2% $LUNANAS Buyback and Burn: $LUNANAS automatically completes buybacks and auto sends to a burn address.
1% Lunape DAO Buyback and Burn: Our Dao Token will automatically complete buybacks and auto send to a burn address.
The sell trading fees can be broken down as follows:
5% Luna Classic Rewards: This transaction volume directly funds a reward pool that is redistributed back to holders in the form of LUNAPES.
2% Treasury Fund: The Treasury Fund is used to fund marketing, future development of the ecosystem and team related costs.
2% $LUNANAS Buyback and Burn: $LUNANAS automatically completes buybacks and auto sends to a burn address.
1% Lunape DAO (Lunape Original) Buyback and Burn: Our Dao Token will automatically complete buybacks and auto send to a burn address.
Last updated
