ELEPHANT has an initial supply of 999,999,999 tokens. The token supply will be reduced by 90% from launch. Burning 5% of the supply everyday (50,000,000 tokens). After all burning is done the supply that remains equals approx. 100,000,000 tokens. ELEPHANT has a auto-burning mechanism that will burn tokens as they are bought and sold. ELEPHANT has also it’s own rebase system that makes it desirable to hold. There’s also a community wallet that will receive taxes from trades. Community will have the power to decide where those funds will be used for.
TOKENOMICS
4% Treasury
Treasury which funds Marketing & Development.
4% Liquidity
Tax is returned to the liquidity ensuring ELEPHANT’s increasing collateral value.
4% Burn
Auto burning mechanism is here to keep the Supply in control and tokens value desirable.
3% FROM SELL
This is for the community to decide. Competitions, buybacks and whatever community desires. Votes will decide where this will be used.
Foundation
Learnin to Fly
Preparing for Moonshot
Jorney to the Moon
