MultiversX Tracker is Live!

Rival tokens with linked tokenomics.

Etherum Reddit

More / Etherum Reddit 224 Views

I created two rival tokens and launched them for 4,000,000 gas ($1500). I consider this a YOLO. DayManToken and NightManToken are rival tokens that have identical properties that mirror each other. People can mint new tokens from either contract by depositing ETH up until the total combined supply of both tokens reaches 10,000,000. The supply starts at zero, meaning that I had to buy in with the same price. Whenever a transaction is made on one token, 1% of the transaction is burned as a troll toll, and the corresponding amount of ETH is sent to the other tokens contract. This increases the relative value of the token with the most diamond hands behind it. The burning of tokens opens up a minting opportunity, but the cost of minting new tokens is proportional to the total amount of burned tokens. Here is the code that makes it work. The code is also verified on etherscan. The gas fee of minting new tokens is ~85,000 gas and there is no troll toll taken when you exchange your tokens back for ETH.

submitted by /u/cstein123
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments