Zummond Protocol

Zummond Protocol

Created using Figma
Created using Figma
The Zummond protocol is an autonomous return and liquidity generation protocol that offers static rewards to its holders while constantly increasing the liquidity pool and decreasing the number of tokens in circulation with each transaction
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Additional Details

About Zummond Protocol

The Zummond Smart Contract attempts to solve this problem by applying progressive tax fees to all transactions (purchases or sales), with 50% of the fee automatically distributed to holders. This means that the amount of tokens in each wallet increases with each transaction, which ultimately eliminates the problems caused by farming rewards described in the Abstract section above.
The other 50% of the fee is being added to the PancakeSwap Liquidity Pool to guarantee stability and steady rise of the price floor of Zummond Token. This way the impermanent loss (IL) is avoided and instead you get rewarded for holding Zummond Tokens.


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