0% Tax on buys and sells. Yes, you heard correctly, No Tax!
0% Tax, 100% Gains.
Luna Red Classic rewards his dedicated holders with reflections in the native $LRC token.
Luna Red Classic has a revolutionary burn mechanism it burns directly from the tokens in the liquidity pool.
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.
Presale: 23 MAY
Launch: 30 JUNE
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!
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 $LRC raises the price floor. Contrary to many mining or staking projects that burn tokens from what they hold outside liquidity, which has no impact on price, our project burns directly from liquidity which results in a raised price. We burn these coins by sending them out of existence; they are not sent to burn wallet of any kind.
Luna Red Classic
Symbol$LRC
BSC
Total Supply100,000,000
Launch website
Setup Social Media
Luna Red Classic Whitepaper
Marketing Plan Rollout
Audit
Finalize the Presale
Launch Luna Red Classic
1000 Holders
Logo on Web3 Wallets and Pancake Swap
Listing on CoinGecko
Listing on CoinMarketCap
Listing on BlockFolio
5000 Holders
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Luna Red Classic is an airdrop platform & protocol where up-and-coming projects will be promoted to our community and potential investors.
By airdropping tokens to our followers it allows their user base to increase with diamond hand holders.
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.
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.
