Grow Token Introduction
Preface
Not so long ago, the Binance Smart Chain (BSC) was free of rugs and new projects had serious potential to become the next Uniswap. Those days are over now, asmore and more rugs have come into play. The hard-working communities (like Wine and TRI) lose money, and more importantly they lose faith. The more serious projects lack liquidity and are, for that reason, not attractive to large buyers. Grow Token will make a difference in the current DeFi space.
What is Grow Token
Grow Token is a community-driven project which has a deflationary mechanism caused by a 1.5% Tax on each transaction. A part of the Tax will be added to the liquidity (as shown below). The Tax breakdown will be adjustable by a vote. BSC needs an independent community token which is able to execute the wishes of the community. Therefore, Grow Token will develop a DAO so the community can vote on the future developments of Grow..
Tax breakdown
- 0.5% of the GROW added to liquidity
- 0.5% sold for BNB and added to liquidity;
- 0.5% for the dev (Burn/Sell)
Tokenomics
Total supply 100,000
Initial Supply: 95,000 (used for pancakeswap.finance liquidity)
Marketing Tokens: 5,000
There will not be any form of presale. The initial liquidity all comes from the dev. The LP tokens therefore will be burned.
Proof of burn
Binance Transaction Hash (Txhash) Details | BscScan
Future developments
Future developments will be in the hands of the community. Below are some possible actions for the first few weeks. Also, a website will be built (at first a placeholder). A more detailed timeline will be developed over the upcoming days. Our goal is to notover-promise, but instead to over-deliver.
- Developing a voting system which will work as a DAO
- GROW NFT farming
- Other community proposals
Socials:
Medium: www.growtoken.medium.com
Twitter: https://twitter.com/GrowToken3
Telegram: https://t.me/GrowBSC
Website: to be announced
Pancakeswap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x154e5bb50d480f8f6b09cee77de1f9e836c72fac
Let’s Grow Together
