Creating a Deflationary SLP

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Avatar for SoiledCold
4 years ago

Hey everyone! I'm SoiledCold and I was one of the many people to start buying and creating SLP and I was amazed at how simple and fast it was. While on coingecko I found an ERC20 token, BOMB. It was a deflationary ERC20 token and at the time of writing was worth $0.24.

How does BOMB work?

According to bombtoken.org, "There was originally 1,000,000 Bomb in existence and each time a Bomb is transferred, 1% of the transaction is destroyed."

My idea for a deflationary SLP.

So my token will be called DIP because they both are relating to going down, I know I am a genius. There will be 1 million tokens just like BOMB but unlike BOMB we will airdrop 25% of DIP on Twitter/memo.cash/rbtc, 25% for projects/services like getting DIP on an exchange/making a casino like spice.casa/paying for a website and 50% to hold and burn.

Thank you everyone and please tell me what you think in the comments!

Discord : SoiledCold#0001

Reddit : u/soiledcold5

DIP on memo.cash : https://memo.cash/token/aad2074e528218b47645b80beff458822c3ce712a6f5de07789bf3b632b88dd5

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4 years ago

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