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EverLit

EverLit

$LIT Biggest Buyback Deflationary token on BSC. Reflections in $BUSD.

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everlit.io
Is a
Organization
Organization
Product
Product
Company
Company
Cryptocurrency
Cryptocurrency

Company attributes

CEO
‌
Tom Gormaz

Other attributes

Company Operating Status
Active
Medium URL
medium.com/@everlittoken

EverLIT ($LIT) is the biggest buyback deflationary token on BSC. 8% of all transactions will be converted to BNB and used for BuyBacks. Tokens Bought from BuyBack will be burnt permanently.

8% $LIT is collected from every transaction and converted to BNB, which is stored in the smart contract and is non transferable, can only be used for buyback function. When the buyback function is triggered, the desired amount of BNB will be used to buyback $LIT tokens from pancakeswap and transfer those tokens to burn address. This will result in an instant price spike and all $LIT holders can benefit from regular buybacks by simply holding $LIT tokens in their wallet.

In addition to the buyback feature, our contract also has a reflection function rewarding $LIT holders 2% reward in BUSD from all live exchange transactions.

$LIT tokenomics are designed to ensure the floor price of the token will continue to increase as supply of $LIT decreases.

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Further Resources

Title
Author
Link
Type
Date

Introduction to EverLit Token, Pre-sale Event and Launch.

Everlittoken

https://medium.com/@everlittoken/introduction-to-everlit-token-pre-sale-event-and-launch-6fb755a568e4

Web

March 4, 2022

References

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