Burning Elephant

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.