Pig Finance, commonly referred to as PIG, is a unique high-yield frictionless farming token in the cryptocurrency market. PIG integrates a sustainable approach to farming by implementing a 5% tax on every transaction. They further strengthen their robust system by stealth launching and seeding 100% of PIG supply as liquidity.
About Pig Finance
PIG is an innovative cryptocurrency project that focuses on providing easy farming opportunities without the need for pairing assets for liquidity or facing the risks of impermanent losses. With every transaction, PIG imposes a 5% tax. This tax is further divided as 3% locked in liquidity, and the remaining 2% is distributed among PIG holders proportional to their holdings. This approach ensures a continuous circulation and distribution of wealth within the system.
Stealth Launched
PIG takes pride in its unique launch model. Instead of opting for a presale or allocation to team members, PIG was stealth launched. This means that 100% of PIG supply was seeded as liquidity from the start, and no allocation was made to any team members. The ownership of the contract has been transferred to the burn address, which makes PIG 100% community-led.
Hyperdeflation
At launch, 50% of the total PIG supply was sent to the Black Hole. This tactic is expected to cause exponential hyperdeflation as this massive Black Hole will absorb a significant amount of the 2% tax distribution. This will, in turn, reduce the supply and increase the scarcity value of the PIG tokens in circulation.
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