Martian Token ($MARTIAN)

Martian Token

Token Name	Martian Swap
Token Symbol	$MARTIAN
Contract	0xca167F0a8eb9F91B31D40134ce1Cc3b8bAF4d72f
Chain	BEP20
Max Supply	unlimited with deflationary measures (auto burn, LP locking)
Initial Mint	250,000 (to seed liquidity pools + marketing)
Purchase	Link

Transfer Tax

Total Transfer Tax	5% transfer tax on each transfer as follows:
Burn Rate	1% 2% of each transfer will be automatically burnt
Liquidity Rate	4% 3% of each transfer will be automatically added to the LP pools

Emission Rate

Tokens/Block	50 $MARTIAN/Block
Daily Token Supply	1,440,000/$MARTIAN/Day
Dev Team	9.09% - to ensure essential growth of the project

Why No Cap?

There's currently no hard cap on the supply of MARTIAN, making it an inflationary token.

Community members often point to this as a cause for concern, and while the dev team certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future.

MARTIAN's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

How is MARTIAN Supply Is Reduced Without A Hard Cap?

1. Reducing Block Emission

By reducing the amount of MARTIAN generated per block, we slow the inflation. For the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

2. Transfer Tax

MARTIAN now has a 5% transfer tax in each transfer. 1% is burned directly and the rest 4% is added to MARTIAN-BNB liquidity pool and locked. This deflationary mechanism will help us to reduce the circulating supply of MARTIAN which will release sell peruse a lot.