POFY Coin: DeFi Protocol for the Magic Cat on Binance Smart Chain
POFY is an auto-staking coin on the Binance Smart Chain that redistributes 3% of each transaction amongst all POFY hodlers proportionally. Watch your balance rise by the minute without even lifting your finger. 5% of each transaction is also automatically injected into the liquidity pool, giving POFY protocol the fuel for continuous bullish momentum and raising the price floor.
POFY Coin ($POFY) was created in July 2021 with the goal of being one of the biggest decentralized deflationary reflection coins on Binance Smart Chain that offers innovative products.
While developing innovative products around POFY Coin, the mission also involves bringing popular cryptocurrency concepts to the mainstream. Unlike older and comparable projects, POFY introduces to the investors the next-gen concepts such as POFY Social Trading, POFY Swap, and more.
POFY Coin ($POFY) is launching at Pancakeswap on July 4th. 2021
POFY has been created with a total supply of 1 Quadrillion. POFY is an auto-staking coin on the Binance Smart Chain that redistributes 3% of each transaction amongst all POFY hodlers proportionally. Watch your balance rise by the minute without even lifting your finger. 5% of each transaction is also automatically injected into the liquidity pool, giving POFY protocol the fuel for continuous bullish momentum and raising the price floor. A maximum buy per transaction of 1% of total supply protects against volatile price shocks and works as an anti-whale mechanism stopping whales and bots sniping large percentage of supply. 55% of the total supply (550 Trillion) has also been burned to the dead pool initially.
TOKENOMICS:
TOTAL SUPPLY:
1,000,000,000,000,000(1 Quadrillion)
INITIAL BURN:
550,000,000,000,000(550 Trillion)
EVERY DAY 1 TRILLION POFY GETS BURNED FOR THE FIRST 100 DAYS
AUTO LIQUIDITY:
Each transaction injects 5% into BNB/POFY liquidity pool
5% of each transaction is automatically injected into the liquidity pool, giving POFY protocol the fuel for continuous bullish momentum and raising the price floor.
REDISTRIBUTION:
Each transaction triggers 3% redistribution to all hodlers
3% of each transaction is redistributed amongst all POFY hodlers proportionally. Watch your balance rise by the minute without even lifting your finger.
ANTI-WHALE:
Max buy’s 1% of total supply protecting against volatility
A maximum buy per transaction of 1% of total supply protects against volatile price shocks and works as an anti-whale mechanism stopping whales and bots sniping large percentage of supply.
TOKEN DISTRIBUTION:
LINEAR AUTO LIQUIDITY:
Sustainable automated increase in liquidity — Keeping the price floor to steadily grow
POFY Coin’s liquidity injections are aggressive — with 5% of each transactions being locked into an ever growing liquidity pool. As liquidity grows — circulating supply falls, causing the price floor to rise keeping the continuation for bullish momentum.
REDISTRIBUTION:
Sustainable automated gains. Sit comfy and enjoy the ride to the moon
3% of each transaction is redistributed amongst all hodlers proportionally. POFY’s redistribution mechanics are built for sustainable gains. Watch your balance rise by the minute without even lifting a paw.
BURN & LOCK
Locked liquidity at Unicrypt
100-Day Burn Policy (100 Days = 100T Burn)
All liquidity tokens will be locked for 1 year at Unicrypt after the launch. All LP tokens will be burned when the Market Cap reaches 10M USD. In addition to the liquidity lock, POFY has a 100-day burn policy. 100T Burn Supply reserved and will be locked at Unicrypt. 1T of the supply will be burned everyday. (100 Days = 100T Burn)
POFY BURN MECHANICS:
Initial Burn & 100-Day Burn Policy:
55% of the total supply (550 Trillion $POFY) already burned to the dead pool.
In addition to the initial burn, 10% of the total supply (100 Trillion $POFY) will be burned during the first 100 days. Everyday, 1 Trillion $POFY will be burned to develop a sustainable price floor for continuous bullish momentum.
All 100 Trillion burn reserve of $POFY also locked at Unicrypt.
POFY Burn principles accomplish a number of key goals:
- Reduces day-to-day volatility of the $POFY Coin’s value.
- Provide a mechanism to award $POFY hodlers simply by having $POFY in their wallet.
- Creates financial conditions for exponential growth over time.
- Prevents mistreatment of funds through liquidity locking.
- Ensures increased usage of the $POFY Coin.
POFY ECOSYSTEM & PRODUCTS:
POFY AUTO-STAKING COIN:
POFY is an auto-staking coin on the Binance Smart Chain. 3% of each transaction is redistributed amongst all POFY hodlers proportionally. Watch your balance rise by the minute without even lifting your finger. This is a unique mechanism to award POFY holders simply by having POFY in their wallet. 5% of each transaction is also automatically injected into the liquidity pool, giving POFY protocol the fuel for continuous bullish momentum and raising of the price floor. Obviously, a token that serves no purpose but to raise funds will not sustain market value over time no matter how good the tokenomics are. That is why POFY is hard at work developing a comprehensive, forward-thinking roadmap around POFY Coin.
POFY DEX SWAP:
POFY SWAP is a decentralized exchange (DEX) where users can swap any BEP20 token for another one. It is powered by PancakeSwap, the largest and safest DEX in the Binance Ecosystem and acts as the foundation on which POFY will develop functionality for POFY investors. POFY Swap is currently under development and is being planned to launch in Q4, 2021.
POFY SOCIAL TRADE:
POFY Coin will power branded digital tokens unique to online presence in social media, allowing influencers and content creators to own, control and coordinate the value of themselves across social media platforms. Any content creator will have a chance to create their own economic value based on BSC ecosystem. We call the platform of these branded tokens “Social Trade” and utilize the Binance Smart Chain to mint each digital token under the BEP20 standard. POFY Social Trade platform will then connect content creators, influencers and investors to buy and sell these digital tokens.
ROADMAP:
TEAM’S NOTE: We have made a fair launch and there are no team tokens. Luckily, no manipulation, no whales, no ICO, no presale. Just the sound of a growing community.
OFFICIAL WEBSITE:https://www.pofy.net/
TELEGRAM:https://t.me/PofyCoin
TWITTER:https://twitter.com/PofyCoin
