What is 21 Million Finance?
The stability of 21Million is strengthened by a dynamic exchange relationship with the underlying cryptocurrencies in the community portfolio. This strategy gives $21M (21 Million Token) a solid foundation and gives users confidence that its value is growing.
In a world of uncertainty and loss of value, 21Million offers a well-designed and flexible way to preserve value in the digital currency space.
What makes 21 Million Finance so unique?
1. Community Porfolio
The Community Portfolio hedges the $21M token with a 1:1 ratio of its assets, strengthening the $21M price over the long term.
2. Proof of Funds
All wallets from the Community Portfolio are publicly viewable on the blockchain and are securely stored on hardware or MultiSig wallets.
3. Portfolio Swap
After a successful build-up phase of the Portfolio, there is an option for each $21M holder to swap $21M for various cryptocurrencies from the Portfolio.
4. Hybrid Burning Mechanism
All tokens swapped on the Portfolio Swap will be completely burned, and therefore permanently removed from the market.
5. Buyback & Burn
In addition to the unique Burning Mechanism, 2% of the trading volume goes into the Buyback & Burn program each month.
6. Historical low supply
With the low supply of 21,000,000 tokens and the fast moving burn, the number of $21M in circulation will rapidly reduce.
Hybrid Burning explained
Hybrid Burning is an innovative and unique way to strongly drive the shortage of supply of 21Million tokens.
In addition to traditional burning, which is integrated via buying and selling fees, 21Million also gives you the option to burn tokens independently.
How it works:
Every 21Million token that you exchange directly via 21Million’s portfolio swap for a cryptocurrency of your choice from the community portfolio is burned at 100%.
Community Portfolio
Each purchase and sale of 21Million tokens incurs transaction fees, which are used proportionately (3% of every Buy/Sell) to continuously grow the community portfolio and increase the existing cover ratio.
The community portfolio of 21Million represents the basis of the liquidity pool for the portfolio swap.
21 Million Finance Tokenomics
8% Buy Tax, 8% Sell Tax
3% for the Community Portfolio
2% for Buyback&Burn
2% for Marketing
1% for the Liquidity Pool (LP)
This means, each time someone buys $21M or sells $21M, the Community Portfolio becomes bigger, the Token price rises because the circulating supply reduces trough the burning mechanism and the Liquidity Pool becomes bigger. A perfectly used mechanism to ensure that 21 Million will grow continuously.
Token Distribution
50% were sold in the Presale, 10% went into the Community Portfolio with a 1 Year locking, 10% and 5% were added as CEX LP and DEX LP, the Team received 10% with a 5% vesting monthly, later there are also Airdrops planned so 21Million reserves 2% for future Airdrops, 5% went into Marketing and 8% for the future Development of the 21Million Ecosystem and Server Infrastructure.
21 Million Finance Roadmap
Future goals are as important as the Token features itself, 21 Million Finance has a vision and a roadmap with very important milestones.
It is splitted in 3 phases, most of the things in phase 1 are already done which means that 21 Million Finance is slowly moving on to phase 2 and into the publishing of the Voting dApp and the $21M Portfolio Swap which are exciting features and might push the price up again!
Conclusion
As the Binance Smart Chain is evolving again in the current bullrun we are excited to see what will happen with the 21 Million Finance Chart once their new Features (Voting dApp & Portfolio Swap) are published!
Connect with 21 Million Finance
Twitter Account: twitter.com/21MillionToken
Telegram: t.me/Token21Million
21 Million Finance Contract Address on BSC:
0x0d07873cacd5f40f47fb19b2c1115b7e1a9db4bf
Disclaimer
No Financial Advice. Please always do your own research. We are not responsible for any losses.
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