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Taco Token ($TACO)
Token Details:
- Ticker: TACO
- Token address: 0x9066e87Bac891409D690cfEfA41379b34af06391
- Chain: Binance Smart Chain (BEP-20)
- Supply: Unlimited
Emission Rate:
- 1 TACO/block;
- 28,800 TACO/day; and
- 9.09% will be sent to the developer’s address for marketing, developer's payout, and to fund future partnership & development (we inherited this model from Goose Finance).
Deflationary Mechanics:
- 5% burn fee will be charged when you staked in the pool.
Burn Mechanism:
- 80% of the deposit fees will be used to buyback TACOs and all the TACOs purchased will be burned immediately.
- 10% of the deposit fees will be sent to the developer’s address as payouts;
- 10% will be held in escrow for Taco Finance, for future projects; and emergency funds.
- The current burning operation is done manually to stabilize the TACO price. The frequency of the burn is not fixed, as it depends on when there are massive dumps happen.
Last modified 2yr ago