We are really excited to announce the fair launch of Eagle Fly Protocol Token ( $EGL ). Our in-house developed token following all of the OpenZeppelin secure standards that rewards holders directly to their wallets and increases the liquidity pool via creating new tokens for them and truly burns part of the trading activity. This means low slippage, less than 0.5%, and a liquidity pool forever with 100% rug free.
Tokens: 250,000,000 $EGL
- First burn with 50% of Total Supply
- 40% of tokens are in PancakeSwap’s Liquidity Pool for the community.
- 5% Sent to the development wallet.
- 5% Sent to the marketing wallet.
We don’t believe that sending supply to VB or sending tokens to 0x000dead is a true burn instead of this we truly destroy supply. Instead of this our contract is a “ERC20Burnable” token. This means that anyone can destroy supply from his wallet. For example, anyone can just buy 1 Million of tokens and burn them.
Initially to demonstrate how it works we burned half of the supply in one transaction:
As you can see now in BSCScan the total supply of the token has been reduced to 125 M:
NOTE: At the moment we write this post, the supply is less than 125 Million because of burns produced by trading. This number can fluctuate by inflation mechanisms and trading activity.
Our development wallet is a single holder like anyone. We sent 5% of the supply to the development wallet. This wallet will be used by the development team to deploy new features, contracts, tools and pay production costs for the future Dapp of EagleFly Protocol.
In the future when the project gains traction and the Dapp starts to be active this wallet will be used to pay developers salaries and providers costs.
Maybe this is the most interesting wallet. The marketing wallet will be used to pay marketing costs with influencers, ads platforms, giveaways and some others.
Again, in the future when the project gains traction and the platform is live this wallet will be used to pay influencers, ads platform, marketing providers or other business providers.
We are really excited to the launch of our project and we would like to welcome all of our new holders and friends that will make this project huge.
Stay tuned at: https://eaglefly.finance/