In this article, we’ll discuss information about the Global Adversity project and GAP token
Global Adversity Project (GAP) is a yield-generating charitable cryptocurrency that runs on the Binance Smart Network. It rewards holders by providing them ‘interest’ on their investment through the contract transaction tax, offering an incentive for investors to hold, rather then participating in day-trading events.
Furthermore, investors will be supporting a Global Charitable Cause, one that seeks to help those who may struggle with a disability, whether it be mental, physical or intellectual based.
8% Transaction Tax
Through the contract tokenomics, we charge an 8% transaction tax on all transactions, whether they be sells, buys or transfers.
4% Reflected to Hodl’ers
4% of the transaction tax is reflected back to the holders, rewarding those investors who hold their GAP rather then sell.
4% To Liquidity Pool
The other 4% of the transaction tax is sent to the LP, which helps ensure a more stable price as we continue to grow.
Charity Wallet – 1Q
Our Charity Wallet started with 1Q worth of tokens in it. At certain intervals, the tokens earned through contract tokenomics will be sold, which is what will allow us to make the donations.
Marketing Wallet – 1Q
Our Marketing Wallet started with 1Q worth of tokens in it. At certain intervals, the tokens earned through contract tokenomics will be sold, which gives us a steady source of income for marketing.
Individuals with disabilities are some of the most marginalized people in the world. Through the GAP Token, we want to begin to make a difference, globally, for as many of these individuals as we can.
Global Adversity Project (GAP) features a static redistribution of tokens amongst its holders. Every transaction, whether it be a buy, sell or transfer, is charged a tax of 8%. 4% of this tax is then redistributed amongst all holders based on a sliding scale. Larger wallets receive a bigger share of the tokens versus smaller ones, simply because of the number of tokens that they hold.
In the beginning days of the token, this plays a key role due to the high sell volume that transpires as early investors take out early profits. As a result, those early investors who hold see a large increase to their total tokens due to the static redistribution.
LP (Liquidity Pool) growth is an important part of any token that is launched. The higher the percentage of LP vs Marketcap means less price volatility when someone conducts large sells or buys. A token backed with only 1% LP is going to have frequent price swings (up or down) compared with a token that is backed by 10% LP.
Because of this, the other half of the 8% transaction tax will be going to the burned Liquidity Pool. That means that on every transaction, whether it be a transfer, buy or sell, 4% of that total is going to be deposited into the Liquidity Pool, to help its growth and ensure a steady price point for all investors
Initial Supply: 100,000,000,000,000,000
Initial Burn: 40,000,000,000,000,000
GAP Fund: 1,000,000,000,000,000
Marketing Wallet: 1,000,000,000,000,000
Team Allocation: 2,250,000,000,000,000
Fair Launch Supply: 55,750,000,000,000,000
GAP token is now live on the Binance mainnet. The token address for GAP is 0x62613f4b4f7600c7c0f16c97aefc29c8a2ca524f. 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.
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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)…
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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
Transfer $BNB to your new Metamask wallet from your existing wallet
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap GAP token
The top exchange for trading in GAP token is currently Pancakeswap v2
Find more information GAP
🔺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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