- RichQuack launches a hyper-deflationary token, QUACK.
- It also comes with automatic liquidity to offer high returns and static rewards to its holders.
- RichQuack’s goal is to make its investors rich.
The inflation tendencies of cryptocurrency and the economic relapse of the world, in general, have resulted in a new form of tokens with deflationary formulas to battle the menace. A new hyper-deflationary token by the name RichQuack is the latest project to ensure holders are adequately rewarded while reducing loss.
RichQuack is a community-based project leveraging hyper-deflationary tokenomics, and automatic liquidity to provide high returns and static rewards to its holders. With over 100,000 and 65,000 community members on Twitter and Telegram respectively, RichQuack’s major goal is to make its investors rich.
Through its community, RichQuack hopes to build a formidable unit of diamond hands (hodlers) that will help grow and thus, ensure its vision is accomplished. To guarantee longevity, the company is also creating other use cases such as offering a Launchpad, alongside an incubator program with financial incentives to facilitate other projects to start their own tokens.
Undoubtedly, the United States is currently amid its highest inflation rate in 30 years. The Federal Reserve Chair Jerome Powell, however, assures that the high inflation is only temporary. Conversely, the cost of goods and services has resulted in many American families and businesses changing their habits.
As a result of the foregoing, RichQuack launched a deflationary token with a built-in 12% transaction fee to bypass the problem of inflation. Out of the 12% transaction fee, 4% Tax will be used to reward holders and feed the blackholes while an 8% Tax will go into self-generating Auto-liquidity.
From the 8% Auto-Liquidity Tax, the liquidity manager will receive 4% off Auto Liquidity generated to Team.Finance and 50% QUACK/BNB (4%) Liquidity generated will be removed. Additionally, manually, daily (24-48h) will be split into; 2% Tax for Marketing and Dev Wallet and 2% Tax QUACKPump 7 Blackhole Wallet.
The QUACK token is listed on these crypto exchanges including Gate.io, Bitmart, PancakeSwap, Digifinex, Hotbit, ZT Global, XT.com Exchange, MEXC, and BKEX.
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