Reading time 5
Lunatics Token
Lunatics is a group of like-minded people seeking to limit the availability of Luna Classic.
Hyper deflationary Lunatics Token, built on the Binance smart chain, is designed to destroy the cryptocurrency industry.
Its main goal is to create a reliable environment in which investors can invest their money. The project team intends to restore trust in the crypto industry by providing consumers with a safe place to store their money.
After a huge success on BNB Smart Chain (BSC), Lunatics Token (LunaT) is ready to launch on the Ethereum Chain. The pre-sale will begin on March 12, 2023 at 5 p.m. GMT.
Metaverse Partnership – Exodus: Our Universe
Lunatics Token collaborates with Exodus: Our Universe, a new and exciting metaverse, to create an entire island known as the Island of Lunatics. On this island there will be a city with an area of 4 square kilometers and 4,900 plots to choose from for living and construction.
Investors will have the opportunity to rent retail space in the city or on the beach to open their own shops, bars, discos and much more.
This partnership will provide investors and users of Lunatics Token with an unprecedented experience in the metaverse.
Benefits
Lunatics Token provides many services and incentives for its investors. The project has already created a decentralized exchange (DEX) and a crypto wallet, and in the future it is planned to create a lending/loan protocol, lottery, stacking, NFT and many other DeFi utilities.
The Lunatics Banking banking system will also offer debit/credit cards, as well as a lending/loan mechanism, bridging the gap between cryptocurrencies and fiat.
The project has passed an audit, full boxing and KYC certification, it is registered on CoinMarketCap and CoinGecko.
Lunatics Token is a potential addition to cryptocurrencies and the metaverse, having more than 100 thousand subscribers on social networks, a confirmed presence on various platforms, as well as a specialized clothing store LuniShop and a social media platform LuniSpace.
Tokenomics
LunaticsToken’s tokenomics includes the burning of 10 billion at launch, 20% private sale with a period of vesting, 35% of pre-sale tokens, 20% of liquidity and 15% of future development and centralized exchange (CEX).
The initial circulating supply of tokens is 90 billion. There is also a 1% limit on the maximum wallet and transactions to prevent excessive power over the coin for any one party.
In addition, when transferring Lunatics tokens from one wallet to another, no transfer tax is charged, which provides investors with flexibility.
LunaticsToken has carefully developed its tokenomics to meet its goal of reducing the Luna Classic offering. Each transaction on the Binance Smart Chain is taxed at the rate of 8%, of which 1% is added to liquidity, 1% is burned to strengthen the deflationary aspect, 2% is allocated for marketing, and 3% is used as a reward for Luna Classic holders.
In addition, 1% of the Treasury/delegation tax is paid under the contract/burning.
As the popularity of Lunatics Token grows, tokenomics will encourage holders to remain committed to burning Luna Classic and contribute to the growth of the Lunatics community.
Transparency and Security
When it comes to investors, LunaticsToken puts transparency and security above all else. The team has taken huge measures to ensure various levels of security, including the use of multi-signature for contract ownership, marketing and wallet burning.
In addition, the company’s employees were fully exposed and passed the KYC verification procedure, which gives investors’ confidence that they are working with reliable people.
Contract Checker also conducted an audit of the project contract, and additional audits are planned in the future. LunaticsToken hopes to build community trust and give investors peace of mind by prioritizing these security procedures.
Why Binance Smart Chain
Since Binance holds most of the Luna Classic stock and gas fees are low, the Binance smart chain seems like an obvious place to start this journey. The developer of the contract, Cracovia, encodes the contract and takes care of the security of the community, tokens for future development and exchange have been blocked.
About the Project – Lunatics Token
LunaticsToken aims to create a community of like-minded people seeking to reduce the Luna Classic offer. The initiative is based on mutual trust and respect, and holders receive a reward in the form of Luna Classic until the offer runs out.
The team strives to restore trust in the cryptosphere by creating a safe and transparent investment environment.
In addition, potential investors and cryptocurrency enthusiasts interested in Lunatics Token can visit the official website of the project or look at their social platforms for more information.