What is Little Fish Moon Token (LTFM) | What is LTFM token

In this article, we’ll discuss information about the Little Fish Moon Token project and LTFM token

We dislike inflation so we created a system that can fight it. Many people in the world have been affected by inflation and we aim to create an ecosystem that saves people from the negative effect of holding FIAT currency and being under central bank’s control.

• We are DeFi community. Our smart contract offers rewards for holding. Buy and hold Little Fish to enjoy its frictionless yields!
• Each transaction incurs a tax fee, which is then redistributed to the holders!
• The amount of tokens in your wallet will increase, while the total supply will decrease!

We have created a full economic ecosystem:

• Our own community currency: Little Fish Moon Token
• Our own community NFT marketplace for content creators
• Our own community retail marketplace connecting product creators and retail stores with our Fish community
• Our own token swap: FishSwap
• Our own community Fish Game App

We are much more than a token. We aim to create our own economy!

**Our Inception **

We believe all should have basic human needs fulfilled. We have dedicated an air wallet to support our community! 5% of the Total Supply will be donated to the first country with 5,000 members to help provide vaccines for those who cannot afford Covid 19 protection

**Initial Budget Allocation  **

• 50% Of Total Supply Was Burned at Inception
• 20% Of Tokens Allocated for a Fair Launch Public Sale
• 15% of Total Supply Allocated for Marketing and Development
• 10% Of Total Supply Allocated for Airdrop to Support Communities in Need
• 5% Locked into Liquidity

We are a DeFi Protocol and we have 3 basic functions:

• Deflationary Tax: The Deflationary Tax is a Little Fish Moon Token protocol that charges each transaction 10%.

• HODLer Rewards: HODLer Rewards are created and distributed to holders whenever a transaction is completed. The HODLer Reward is ½ of the Deflationary Tax (5% of each transaction).

• Automatic Liquidity Creator (ALC): The other ½ of the Deflationary Tax (5% of each transaction) is sent to our Automatic Liquidity Creator (ALC) helping our economy by stabilizing our price as we grow.

**Deflationary Tax and How It Supports Deflation  **

We now know that there is a 10% tax on transactions. ½ of that tax, equaling to 5% of each transaction is sent to holders. But what most people don’t know is since 51% of the total supply has already been sent to the burn wallet (the burn wallet is considered a holder in our protocol); roughly 51% percent of the 5% HODLer reward is actually burned. That means roughly 2.5% of each transaction is burned and that percentage will continue to increase as the burn wallet grows over time. This will cause an exponential decrease in the Total Supply, causing demand to grow. This is how we solve inflation!

**Deflationary Tax and How it Supports Holders  **

The Deflationary Tax aims to reduce some of the early pressure placed on the project, which is usually caused by early investors who take profit early. Also, the HODLer Reward tool will reward ½ of the Deflationary Tax (5% of each transaction) back to our community. The amount a holder will earn will depend on their wallet’s holdings ratio to the Total Supply. This system encourages the Little Fish Moon community to hold onto their tokens, since they will earn tokens each time someone transacts.

**Deflationary Tax and How it Supports Price Stability  **

1/2 of the of the Deflationary Tax (5% of each transaction) is sent to our Automatic Liquidity Creator (ALC) helping our economy by stabilizing our price as we grow but especially in the short term. This tool continuously creates liquidity which supports our economy and keeps a stable token price.

As the Little Fish Moon Token LP increases, the Little Fish Moon community will benefit by a stronger price bottom and support for holders. The objective here is to prevent the price dips when early investors decide to sell their tokens.

We are structured for a long-term economy!

Future Roadmap

Our vision is to create a completely community driven Tokenomy! Our long-term roadmap is constantly being updated.

• Little Fish Moon NFT Marketplace – A marketplace for content creators to list their content for sale. Of course, Little Fish Moon Token will be the only currency accepted!

• Little Fish Moon Online Shop – This is LTFM’s official shop. We will only accept Little Fish Moon Tokens. This shop will sell Little Fish Moon branded products. We are also creating a marketplace where product creators can apply to become vendors and sell their products on LFTM’s product exchange. We are hoping to attract a couple of Fishing supply vendors! For the love of the Fish!

• FishSwap - A tool to swap between LTFM tokens and other cryptocurrencies.

• FishWorld – FishWorld is an LTFM game with in-app purchases. LTFM will be the only currency accepted.

• FishMoon – This is a special program that we will announce once our team is prepared to present the final details.

Our team is comprised of early investors, committed to creating a self-sustaining and transparent economy! We are committed to fulfilling our roadmap, growing the project, and creating utility with our token!

How and Where to Buy LTFM token?

LTFM token is now live on the Binance mainnet. The token address for LTFM is 0x473eb9bd02ad444d7e686fab384afc476cc337b8. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough BNB in your wallet to cover the transaction fees.

Join To Get BNB (Binance Coin)! ☞ CLICK HERE

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Transfer $BNB to your new Metamask wallet from your existing wallet

Next step

Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap LTFM token

Contract: 0x473eb9bd02ad444d7e686fab384afc476cc337b8

Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap

The top exchange for trading in LTFM token is currently Pancakeswap v2

Find more information LTFM

☞ Website ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!

☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐

Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!

#blockchain #bitcoin #ltfm #little fish moon token