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What are the tokenomics of $RAINBOW?
$RAINBOW utilizes a special protocol for each of its 7 colors, which is integrated into the tokenomics of the smart contract.
Red: Burn
The red protocol involves burning a portion of each transaction permanently to the dead address.
Orange: Buyback
The orange protocol implements a buyback mechanism that collects BNB within the contract and automatically buys back tokens after every sell.
Yellow: Reflection
The yellow protocol enables autonomous reflection, where a portion of each transaction is distributed back to all holders based on their percentage of total supply owned.
Green: Charity
The green protocol allocates a portion of each transaction for donating to community-voted charities, supporting various areas of need such as animal welfare, poverty, ecosystem preservation, and healthcare.
Blue: Liquidity
The blue protocol focuses on automatically growing the liquidity pool to enhance the token's long-term value retention.
Indigo: Development
The indigo protocol reserves a portion of each transaction to cover business and marketing expenses for the development team.
Violet: Giveaway
The violet protocol includes an automatic built-in giveaway system that rewards a random transaction recipient with a certain amount of tokens.
What is the utility of $RAINBOW?
$RAINBOW aims to develop a decentralized platform service called Bifrost, which enables users to launch their own tokens securely. Bifrost offers a range of features, including a clean user interface, flexible and modifiable sales, public and private presales with whitelisting capabilities, low and fair fees, compatibility with any token for liquidity launching, an active customer support team, and accommodation for modern tokenomics.
Answers
What are the tokenomics of $RAINBOW?
$RAINBOW utilizes 7 colors, assigning each of them a unique protocol integrated into the tokenomics of the smart contract.
What is the utility of $RAINBOW?
RAINBOW aims to develop Bifrost, a decentralized platform service that enables users to safely launch their own tokens. It seeks to enhance existing solutions, with a specific emphasis on reducing fees.
Bifrost features:* User-friendly interface* Customizable sales options* Public and private presales with whitelisting capabilities* Low and fair fees* Compatibility with any token for liquidity launching* Dedicated customer support team* Accommodates modern tokenomics
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