LOBSTER Token: LB
Token name: Lobster Token.
Token symbol: LB.
Total supply: 1,000,000 always and forever, with no token minting functions.
Transfer tax: for each transfer / buy / sell, there is a tax of 15%, so setting slippage to 18% ~ 20% is recommended for successful buying or selling.
- 3% goes to liquidity with LP tokens burnt.
- 6% used for USDT dividends.
- 6% goes to treasury for development and community growth.
Automatic USDT dividend: periodically, the system will distribute USDT dividends to LB holders with at least 10,000 LB.
- 1.20% presale for launch pad, 0.05 USDT / LB, totaling 10,000 USDT.
- 2.50% for liquidity.
- 3.20% treasury reserved for selling only after LB price goes above 0.5 USDT. The sales revenue will be used to buy back BUTTER at both HECO and BSC. 50% of the buy-back BUTTER will be burned immediately and 50% sent to NFT reward pool. If price never reaches 0.5 USDT, the treasury will be kept in the code wallet protected vault with no selling.
- 4.5% airdrop to the same BSC address of all HECO board members for free based on weighted parameter of board duration and board holdings.
- 5.5% for project development. Only permitted to be sold when price goes above 0.5 USDT. Otherwise, no selling.
Price protection mechanism: if LB price drops to below 0.05 USDT, we will buy back up to 250,000 LB (total presale + total board airdrop) and add them to treasury reserved.
Bonus: after 1 month of launching, LB holders with at least 10,000 LB will get an airdrop NFT gift in BSC - Red Lobster.
Liquidity lockup time: 30 days. After the lockup time, all LB obtained from our removed LP will all be burned immediately. User contributed LPs will not be affected.
Launch pad rules:
- 1.Whitelist Round: top 10 winners and 5 lucky winners will be whitelisted, each with 100 USDT quota. Top 5 HECO board members's BSC addresses (same address) with most staked BUTTER by the time before the launching starts will also be whitelisted. Total quota is 2,000 USDT.
- 2.Early Whale Round: each address can participate 100 ~ 500 USDT. Total quota is 6,000 USDT.
- 3.Early Bird Round: each address can participate at most 100 USDT. Total quota is 2,000 USDT.
- 4.25% of LB unlocked immediately after the launching, then each week 25%.