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First, you need to talk about what is the main mission of the project. The main goal set for the HoldFela decentralized project is the creation of a token with a yield generation protocol.FELA is a high-yield frictionless BEP-20 token. The FELA Token path is subject to changes, as it is community driven and audited. And the community can bring other ideas, projects, milestones. There is a 10% tax on every transaction:
5% is locked in liquidity
4% is distributed to holders proportional to the amount of FELA held
1% will be burnt
Total FELA token Supply: 100,000,000,000,000,000 FELA
Holders: 2,633 addresses
Here are some important facts you should know about the FELA token:
Decentralized: FELA is fully decentralized, there is no main owner of the token. All decisions are made in the communities favor.
Automatic LP: Every trade contributes toward automatically generating liquidity locked inside PanakeSwap LP.
Rewards: FELA rewards its holders with 4% tax on each transaction to punish weak hands.
Burn Rate: Each transaction triggers a burn rate of 1%, which decreases the supply of FELA overtime.
RFI Static Rewards: Holders earn passive rewards through static reflection as they watch their balance of FELA grow indefinitely.
Further Development: FELA is planned to advance further into the crypto space by releasing innovative products which will ensure the sustainability of the token.
By the way, a few words about development. HoldFela is a project designed for several years ahead, so it is important to familiarize yourself with its roadmap now in order to understand the scope of the project.
In total, there are 7 stages of the HoldFela project implementation for 2021. At the moment, the first two have already been implemented, so it is worth mentioning what has already been done:
website design creation and launching
building the website in compatibility with desktop and mobile
tokenomics explained
litepaper
Please visit the official website of the project for the upcoming changes to the DeFi token. The roadmap will subsequently be updated and supplemented with relevant information.
In order to stay up to date with the latest events, be sure to visit the social networks and media of the project:
Twitter | Telegram
Company - HoldFela
Website - https://holdfela.xyz
Email - project@holdfela.xyz
Contact Info:
Name: HoldFela
Email: Send Email
Organization: HoldFela
Website: https://holdfela.xyz
Release ID: 89022471
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