In this article, we’ll discuss information about the Island Coin project and ISLE token
Island Coin is a community-based, deflationary coin built on custom code with community redistributions and recurring burn events. When you join the island coin community, you’re adopting a lifestyle. $ISLE has a host of new features that will enable it to weather current market corrections and deliver significant growth.
First and foremost is SAND, a community-first redistribution mechanism that awards holders. SAND captures and pools together 5% of every $ISLE transaction. Whenever the pool reaches a predetermined amount, the SAND redistributes to all holders with over 100M $ISLE with one wallet earning 25% of the pool, 50% going to 100 wallets and the rest of eligible wallets splitting 25%. In true island fashion, we also burn 5% of tokens. Instead of automatically burning, we will burn in weekly intervals on Friday.
Introducing SAND
SAND is a community-first redistribution mechanic that awards hodlers. The event will trigger every time the pool reaches 40 Trillion $ISLE.
Disbursement:
To be eligible for SAND, your wallet must contain at least 100 Million $ISLE at the time the event starts.
Yep:
Nope:
Max Coin Supply: 690 Trillion
Coin Type: 5% Deflationary
Max Transaction Cap: 0.50% of Max Supply
ISLE token is now live on the Ethereum mainnet. The token address for ISLE is 0x1681bcB589b3cFCF0c0616B0cE9b19b240643dc1. 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 ETH in your wallet to cover the transaction fees.
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)…
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 Uniswap 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 $ETH to your new Metamask wallet from your existing wallet
Next step
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap ISLE token
Contract: 0x1681bcB589b3cFCF0c0616B0cE9b19b240643dc1
Set your slippage to 35% and enter the amount of $ETH you would like to swap for $ISLE.
Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap
Find more information ISLE
☞ Website ☞ Explorer ☞ Explorer 2 ☞ 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.
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