SANTA is a meme coin
About Santa Coin
Currently, Santa Coin is said to be the latest crop production token that rewards BUSD for its owners. In addition, it introduces a new level of DeFi tokenomics and a token distribution strategy that changes the game. Here, all purchases/sales via Santa Coin are tax-deductible and are used to fund advanced solutions such as automated purchases and manual purchases as well as to increase revenue on exchanges.
Therefore, these elements, combined with experienced developers and influencers in the crypto space, will solidify Santa Coin and push it to long-term growth and development.
Currently, Santa is entering the crypto industry. It aims to reward those who will shake hands with BUSD — which means, if you use the HODL Santa Coin, you will receive USD prizes.
As of Nov. 4, SANTA paid more than $ 1.7 million to token executives in its first 6 days — to see live prize distribution statistics, visit https://app.santacoin.cash/.
Santa Coin has unique features such as 8% redistribution to BUSD. This means that 8% of all buying and selling activity will be automatically redistributed to all token holders. That is, owners do not have to claim their prizes as BUSD because they will be automatically delivered to their wallets according to their Santa Coin hosting. In short, users will be able to earn a steady income through BUSD.
Another notable feature is its 3% buy-back reserve strategy. Here, the tokens collected from these funds are converted into BNB, locked and stored in a Santa Coin Contract. However, note, the project has two different back-end schemes: Moonshot Buyback where large purchases are shipped periodically and produces a large green candle in the chart and AutoBoost Buyback where small purchases occur to discourage premature sellers. Everything creates the right heat and ensures that the price for each token will go up whenever the return is activated.
Next is 2% of automatic liquidity. The team explains that 2% of all transactions (via Santa Coin) are sent to PancakeSwap for cash. Here, a smart project contract puts 3% on all purchases / sales like SANTA and BNB in revenue. At the same time, 1% of all activity is allocated to fueling projects in the ecosystem and rewarding the active community.
Finally, it has a whale-fighting machine. Here, an additional 1% payment is applied to all sales. The move is aimed at curbing swing trade and reducing whale exploitation. Apart from this, the smart contract will also ensure that no sales of more than 0.2% of the circulating assets will be recorded and done simultaneously.
TOKENOMICS
TOTAL SUPPLY: 1,000,000,000,000,000
TOTAL BURN: 520,353,388,146,943
Team & Marketing Token: 84,000,000,000,000
PRESALE PRICE: 1 BNB = 975,000,000,000
INITIAL MARKETCAP: $240K
Roadmap
Conclusion
SANTA is a meme coin. It was introduced on November 2021, and quickly developed its own strong online community within the first week. Thanks to its structure, SANTA differs substantially from other meme coins. You get rewards in BUSD as long as you are holding SANTA.
For more information please follow link the below:
WEBSITE: https://santacoin.io/
LITEPAPER: https://santacoin.io/wp-content/uploads/2021/11/SantaCoin-Litepaper-5.pdf
MEDIUM: https://medium.com/@santa.coin
TWITTER: https://twitter.com/Santa_Coins
TELEGRAM: https://t.me/santa_coin
Author: cold_murchete
Profile bitcointalk: https://bitcointalk.org/index.php?action=profile
Usdt address: 0x21176939a87A48cFDfA07147159F2097d5917f3a