What is CreamPYE (PYE) | What is CreamPYE token

In this article, we’ll discuss information about the CreamPYE project and PYE token

What is CreamPYE?

A common misconception developers have is the ability to balance what it will take to build a self sustainable ecosystem for a token project to survive long term while generating enough resources to process what it takes to reach its full potential while becoming respected as a leader in their space. CreamPYE is built to balance all aspects of its protocol and achieve sustainable long term growth through development of our road map with strategically developed tokenomics and the right team in place from day one.

Static Rewards

Static Rewards allow the ability for all holders of PYE to participate on the upside of earning while they allow the project to develop and reach its potential. Each holder is rewarded based on their percentage of tokens held and proportionate to the transactions executed.

Manual Burns

Manual Burns allow for true mitigation of possible offsets later in the development of the project. This really benefits the holders of PYE and allows the project to process burns as we achieve initiatives on our roadmap. All burns are transparent and are available for all to see and we will announce our strategy as we continue to develop at each phase of the CreamPYE project.

Automatic Liquidity Pool (LP)

Automatic Liquidity staking is the one of the most valuable functions of the CreamPYE protocol. As transactions happen on both the buy or sell side we are able to take a percentage of the tokens and stake them as liquidity for the exchange of PYE tokens. This will mitigate many issues other tokens experience such as price fluctuations, whales selling and causing excessive price drops and provide for confidence in the long term viability of the project as there will continue to be a foundation for the exchange pairs of PYE.

Fee Structure

CreamPYE processes with a 10% fee on every transaction. That fee is allocated as follows:

Existing PYE Holders – 50% of the fee (5% of the transaction) is distributed to every wallet that holds CreamPYE on a percentage basis. The more CreamPYE you hold the more you will receive!

Liquidity Pool Generation – 24.5% of the fee (2.45% of the transaction) collected in CreamPYE is sold into BNB. That BNB is married up with the remaining 24.5% of CreamPYE and deposited back into the PancakeSwap liquidity pool.

Charity Donation Transparency – .1% of all transactions are sent to a charity wallet for future donations to impact communities around the world!

The idea is to build a committed community who are in it for the long haul. PYE stability grows with automatic liquidity generation on every transaction. This allows prices to have the least amount of slippage, less attractive to bots playing the arbitrage game and builds confidence in the long term viability of our communities project.

Transparency

We believe our supporters and users are our most valuable asset. We are open to any and all creative ideas and concepts to add to our road map. We want everyone to have a voice and feel like part of the team! We will add the best ideas to the voting protocol and let the community decide.

Growth Driven

The CreamPYE protocol was created with growth in mind along with a focus on long term sustainability. The project plans to develop best in class tech for each of the platforms in the CreamPYE eco-system providing many future catalysts for holders to look forward to.

Community Focused

We are 100% Community obsessed! We strive to build a best in class community with active members who are part of the evolution of CreamPYE. Join our movement and help donate to charities in communities worldwide! Together we can help stop world hunger and make sure everyone has access to healthy resources.

PYESwap CEXDEX

CreamPYE will develop and launch PYESwap CEXDEX exchange and offer a best in class experience for users and developers. With the added touch of Marketplace Mining on PYESwap, users will have the ability to earn PYE Rewards each month for engaging with the exchange.

Marketplace Mining

Marketplace Mining is a function which will allow users who adopt the tech CreamPYE develops to earn rewards for their engagement. 50 Trillion PYE will be set aside for Marketplace mining which will be distributed over a four year period after each platform is released. Everyone will have a chance to participate.

PYE NFT Marketplace

Development of a full featured NFT Marketplace where engagement and experience will be the focus for all users. Providing creators and buyers more utility than what currently exists today for NFT’s. Current beta names we have secured the .com addresses for are PYESlice, PYEPiece and PYEShare. The community will vote on the final name and proposed names will be accepted prior to voting. Marketplace Mining will also be available to the buyers and sellers of the platform giving engaged users ability to earn PYE Rewards.

Tokenomics

CreamPYE was built with the idea of creating long term value while giving back to communities worldwide. We want to foster development in the culinary industry by providing donations to institutions who develop jobs for the food industry.

1,000,000,000,000,000 Total minted PYE tokens
Fair Launch – 300 Trillion Team Tokens Burned before launch
Marketplace Mining Rewards – 100 Trillion Retained in Rewards Wallet for future deployment to PYE Platform users. Rewards will be distributed over a five year timeframe.
PancakeSwap Initial Pool – 600 Trillion staked with liquidity on PanCakeSwap DEX exchange.

Current Transaction Fees

5% of transactions will be distributed to all holders of PYE based upon percentage of holdings
4.9% of transactions will be put automatically into Liquidity Pool Generation where 60% will be extracted and go through our Charity Burn process weekly.
0.1% of transactions will go into a dedicated charity wallet ( 0xE243141F4dA244784174E1AD92642CC415C69071) to be distributed to our exclusive partner charity only.

Charity Burn

Of the extracted BNB:

60% – Donated to Charity (Charities will be presented and voted upon by the PYE Community)
20% – Marketing
20% – Business and Operating Fund

Of the Extracted PYE Tokens:

60% – Burned Tokens
40% – Community Giveaways

How and Where to Buy PYE token?

PYE token is now live on the Binance mainnet. The token address for PYE is 0xaad87f47cdea777faf87e7602e91e3a6afbe4d57. 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.

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 PYE token

Contract: 0xaad87f47cdea777faf87e7602e91e3a6afbe4d57

The top exchange for trading in PYE token is currently PancakeSwap (V2), ProBit Exchange, and PancakeSwap

Find more information PYE

☞ Website ☞ Explorer ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Social Channel 4 ☞ 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.

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#blockchain #bitcoin #pye #creampye

What is CreamPYE (PYE) | What is CreamPYE token | What is PYE token