POODL is a unique crypto project that utilizes the BEP-20 deflationary token model. This decentralized finance platform is entirely community-driven and offers a self-liquidity generating system, burning mechanisms, and redistribution incentives for its token holders. The innovative principle of the project is underpinned by its tripartite reward system, where every transaction involving POODL tokens results in benefits for the entire community.
Deflationary Model and Community Empowerment
The POODL project is designed around a deflationary token model, which means that the total supply of tokens decreases over time. This is achieved by burning 1% of every transaction permanently, making POODL tokens increasingly scarce. This strategy aims to increase the value of the remaining tokens and provide a strong motivation for token holders, thus encouraging long-term retention and investment in the platform.
Redistribution of Tokens to Holders
As part of the community-driven approach, POODL redistributes 1% of every transaction to its token holders. This incentivizes the holding and usage of POODL tokens by rewarding active participants in the ecosystem. The redistribution mechanism creates a passive income system for the community, fostering a sense of ownership and participation in the project’s growth.
Self-LP Generating Mechanism
The POODL platform also utilizes a self-liquidity generating mechanism, where 1% of every transaction is permanently added to the locked Liquidity Pool (LP). This constant addition to the locked LP increases the platform's stability and trustworthiness, as it ensures the sustainability of the liquidity necessary for the transactions within the platform. This feature, combined with the token burn and redistribution incentives, makes POODL a robust and attractive investment platform for crypto enthusiasts.
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