Lion $LION

Lion Token is an innovative, decentralized project that encourages spontaneous community building. Developed on the Huobi Eco Chain, Binance Smart Chain, and GateChain, Lion Token is setting its sights on creating a new standard in the crypto industry. With its unique deflationary mechanism and fair distribution methods, it offers potential advantages for users worldwide.

Lion Token's Deflationary Nature

The total supply of LION Token is capped at 20 billion. In a unique approach to controlling the supply, every transaction leads to the automatic destruction of one-thousandth of the transaction amount. This deflationary mechanism ensures a steady decrease in the total supply, which may lead to an increase in the token's value over time.

Distribution of Lion Tokens

A significant portion of the Lion Tokens, 5 billion to be precise, were sent to the LION/HT liquidity pool on the Huobi Eco Chain Heco. This allows for global users to exchange their holdings fairly and justly. An additional 0.5 billion tokens have been released on the Binance Smart Chain BSC, with 50 million placed in the LION/BNB liquidity pool for user redemption at a unified time, and another 50 million airdropped to Twitter/Telegram community users. 4.9 billion pieces have been allocated to the mining pool for global users to mine.

Future Plans for Lion Token

Lion Token remains ambitious in its future goals. The remaining 10 billion tokens will be released on the GateChain and on any main chain that is recognized and chosen by the community in the future. This plan represents Lion Token's commitment to community participation and its willingness to adapt to new technologies and platforms.