LamboToken(LAM)

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LAM Token

Basic Information:

• Token Name: Lambo Token
• Token Symbol: LAM
• Contract Address: Release during fair launch
• Chain: Binance Smart Chain (BEP20)
• Max Supply: Unlimited

Transfer Tax (Passive Burning Mechanism):

• 1.5% of transferred LAM will be burnt automatically

Emission Rate (Automatic Emission Reduction):

• Starting Emission: 1 LAM per block
• Lowest Emission: 0.05 LAM per block
• Reduction of emission rates per time period: 15%
• Time period duration:
  for (t=0,t≥0, t++,) return {12h x 1.30**t}
  where t is the time period

Anti Whale (Once farming begins):

• Transfer more than 0.5% of the total supply will be rejected.
• Prevents whales from purchasing large amount of token in a single transaction.

Developer’s Token:

• 80% of all developer LAMs token will be burnt.
• 10% will be used for distribution of Airdrops (till completed) and giveaways
• 6% will be allocated for marketing efforts
• 4% will be kept as backup for additional marketing cost, lottery or giveaway.