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No Tax

0% Tax on buys and sells. Yes, you heard correctly, No Tax!
0% Tax, 100% Gains.

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Reflections

Luna Red Classic rewards his dedicated holders with reflections in the native $LRC token.

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Burn Mechanism

Luna Red Classic has a revolutionary burn mechanism it burns directly from the tokens in the liquidity pool.

what is Luna Red Classic

A brand new reflection protocol on the Binance Smart Chain

Luna Red Classic $LRC is a brand new reflection protocol on the Binance Smart Chain. This contract will have unique features and will be the first of its kind to introduce reflections to holders with absolutely ZERO taxes and being deflationary.

Pre-Sale and Launch

Presale: 23 MAY

Launch: 30 JUNE

Protocol

$LRC

The Luna Red Classic Protocol is based on a token with passive yield mechanics that do not stem from transfer taxes.

Instead, the passive yields come from supply expansion from new buy orders (which represent organic demand for the token). As a Luna Red Classic holder, you passively earn more tokens for every new buy order placed for $LRC. Your rewards are instantly "delivered" into your wallet after each new buy.

There is never any tax when buying or transferring between wallets!

contract

Unique contract

The contract will have a unique triggerable community torch. This burn function can be called by anyone from the community. Once a community member lights the torch, the contract automatically burns 1% (% is flexible & can be adjusted accordingly to the chart) of the total liquidity pool. The member that calls this function will be rewarded 1% of the amount that is burnt. The frequency of which this function can be called will be flexible and will change up on the conditions of the chart and the amount of the total supply.

Burning the supply of $LRC raises the price floor. Contrary to many mining or staking projects that burn tokens from what they hold outside liquidity, which has no impact on price, our project burns directly from liquidity which results in a raised price. We burn these coins by sending them out of existence; they are not sent to burn wallet of any kind.






TOKENOMICS ARE FAIR AND SIMPLE

Token Details

  • Token name

    Luna Red Classic

    Symbol

    $LRC

  • Network

    BSC

    Total Supply

    100,000,000

Forecast

Future Roadmap

PHASE 1

Launch website

Setup Social Media

Luna Red Classic Whitepaper

Marketing Plan Rollout

Audit

Finalize the Presale

Launch Luna Red Classic

1000 Holders

PHASE 2

Logo on Web3 Wallets and Pancake Swap

Listing on CoinGecko

Listing on CoinMarketCap

Listing on BlockFolio

5000 Holders

PHASE 3

Launch Luna Red Classic

Expand Development team

Luna Red Classic new Bridges, Matic, Ada and More

Certik Audit

7000 Holders

CEX listings: Hotbit, Whitebit Bitmart

Knowledgebase

Frequently Asked Questions

How do we create 'reflections'with 0% Tax?

The $LRC Protocol attempts to solve the challenges by creating a token with passive yield mechanics that do not stem from transfer taxes. Instead, the passive yields come from supply expansion from new buy orders (which represent organic demand for the token). As a Luna Red Classic holder, you passively earn more tokens for every new buy order placed for Luna Red Classic. Your rewards are instantly “delivered” into your wallet after each new buy . There is never any tax when buying or transferring between wallets.

Why is 0% Tax better than tax?

1. Tokens with transfer taxes discourage trading activity and especially alienate users who trade with size (no one likes paying extra fees, on top of existing gas fees)

2. The effective yields holders receive are negligible unless there is massive trading volume.

How much will the refections and burns be?

The LRC formula used to calculate the global expansion amount is: Global expansion amount = Buy amount * 10%

For LRC, let’s say the total supply is 10M and you hold 50,000 $LRC tokens. There are 5M tokens in LP, so effective total supply for calculation is actually 5M. You currently hold 1% of the effective total supply. (LP does not receive reflections, so those tokens are removed from total supply calculation).

The next buyer purchases 100,000 $LRC tokens. This would lead to a global supply expansion of 10% of 100,000 $LRC or 10,000 $LRC, and you would receive an additional 100 $LRC (1% of 10,000).

Your rewards are instantly “delivered” into your wallet after each new buy.

Are there anti bot abuse mechanisms?

1. Max 2% transfer and token holding limit — to ensure a fairer distribution, wallets with 2% or more of the supply cannot buy more $LRC.

2. 2 minutes transfer cooldown that resets after each buy. This means users cannot buy a large amount of tokens and instantly sell your yield ($LRC is flash loan resistant). However, you are able to continuously buy without transferring.

What is CRYPTEN?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

What is CRYPTO Token?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

What is the price of the CRYPTO Token?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

Why do you accept only Ether (ETH)?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

What is CRYPTEN?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

What is CRYPTO Token?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

What is the price of the CRYPTO Token?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

Why do you accept only Ether (ETH)?

CRYPTO is a utility token based on the ERC20 standard. All transactions on the CRYPTEN platform will be carried out in CRYPTO. TheCRYPTO token will be freely tradable on major exchanges and is fully compatible with Ethereum wallets.

USECASE

Luna Red Classic

WHAT IS Luna Red Classic?

Luna Red Classic is an airdrop platform & protocol where up-and-coming projects will be promoted to our community and potential investors.

WHY IS Luna Red Classic GOOD FOR ME?

By airdropping tokens to our followers it allows their user base to increase with diamond hand holders.

WHY SHOULD PROJECTS BE EXCITED FOR Luna Red Classic?

Projects that use our Luna Red Classic service will get a massive promotional boost and therefore new investors.

By using our platform new projects will gain legitimacy; vital for projects that have had no past experience in the Crypto space.

Projects get to use our own Luna Red Classic Token Redistribution Protocol.

WHY SHOULD THE COMMUNITY BE EXCITED FOR Luna Red Classic?

Only quality projects will be considered by the team. The team will complete their own audit process to determine whether a project is worthy of Luna Red Classic.

Besides getting airdrops from up-and-coming tokens, our loyal $LRC holders will also benefit from privileges like whitelist spots and custom NFTs. Holders/members will also feel safer on our platform as we will make sure to only call out safe projects.

The team will have funds in place to acquire tokens which the community feel are worthy of Luna Red Classic - these will undergo our own strenuous audit process in order to be considered for Luna Red Classic.

PARNETSHIP