The Nebula Protocol is a community driven, fairly launched DeFi Token
The Nebula Protocol is a community driven, fairly launched DeFi Token
Reflection: A buy, sell or transfer incurs a fee charge of 2% and the entire portion of this is re-allocated to every holder (“the yield”). The rebase mechanism works like an airdrop, but it’s not because it does not require you to “collect” it — quite literally, it just appears as an increase in your balance. The reward amount is conditioned upon the proportion of your holdings to the total supply and volume of the token being traded.
LP Acquisition: On top of the previous point, each buy/sell/transfer goes through an “automatic liquidity generation” event, an acquisition of 6%. This makes passive yield farming sustainable and constantly raises the token price floor. Here’s a simple explanation of the last point: the mechanism harvests the BNB and $SNBL, converts them to a liquidity pool token, and permanently locks it into the contract. Once in the contract, the LP token can never be moved due to SNBL’s contract ownership has been renounced, making the acquired liquidity a permanently locked feature of the contract. This entire process ends on a sell transaction with the tokens being harvested on every buy and any transfer transaction.
Burn: It’s the black hole in the space that forever takes 2% of fees on every transaction. Based on the past records, 2600–1000 tokens were burned daily subjected to the daily transaction volume. This allows the supply to decrease with more trading volume, introducing more scarcity and buying pressure into the ecosystem.
Static Reward — Holders earn passive rewards through static reflection as they watch their balance of SNBL grow indefinitely.
Deflationary — Contract verified and published on Binance Smart Chain
The Nebula Protocol is a community driven, fair launched DeFi Token. Three simple functions occur during each trade on SNBL : Reflection, LP Acquisition, & Burn.
SNBL on Hotbit
For more information about NEBULA PROTOCOL, click the link below
Website: https://nebulaprotocol.org/
Whitepaper: https://nebulaprotocol.gitbook.io/nebulaprotocol/
Reddit: https://www.facebook.com/nebulasnbl/
Twitter: https://twitter.com/safe_nebula
Telegram: https://t.me/safenebula
AUTHOR
Bitcointalk Username: Charis Kyriakou
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=3198830
Telegram Username: https://t.me/CharisKyriakou
BSC Wallet Address: 0x934F2dD8cDa17DE96108d011B9e134575EfBF6a7
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