Matador

Matador

MTDR
$0.000000001404

Key Metrics

Price$0.000000001404
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.000000043306
ATH Date5/29/2021, 2:35:14 PM
ATL$0.000000000493
ATL Date10/21/2022, 3:30:32 PM
Circulating SupplyN/A
Total Supply1000T
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is Matador?

Matador Token is a decentralized, community-owned token built on the Binance Smart Chain. It is designed to provide its holders with regular rewards through a distribution of 20% from every transaction made. This distribution is spread proportionally among all holders, meaning that the more tokens you have, the more of the distribution you receive.

In addition to this regular distribution, Matador Token employs a burning mechanism that reduces the total supply of tokens. With each transaction, a portion of the tokens is burned, and there is also a monthly randomized burn as the circulating supply unlocks. This burning mechanism helps to create a deflationary pressure on the token, which can increase its value over time.

Matador Token operates through three simple functions: distribution, LP acquisition, and burn. Each trade is taxed a 30% fee, which is split three ways. First, 20% of the fee is redistributed to all existing holders, providing them with regular rewards for holding the token. Second, 5% of the fee is split 50/50. Half of this amount is sold by the contract into BNB, while the other half of the Matador tokens are paired automatically with BNB and added as a liquidity pair on Pancake Swap. This helps to increase the liquidity of the token, making it easier to buy and sell. Finally, 5% of the fee is sent to the Binance burn address, which further reduces the total supply of tokens.

Matador Token is a rugproof token, which means that it is designed to prevent rug pulls and other forms of fraud that are common in the cryptocurrency world. The development team behind Matador Token has taken steps to ensure that the token is safe and secure, including auditing the contract code and implementing a robust security system.

Overall, Matador Token is an innovative and exciting token that offers its holders regular rewards and a deflationary mechanism that can increase its value over time. It is built on the Binance Smart Chain, which means that it is fast, cheap, and reliable to use. If you are looking for a new investment opportunity in the cryptocurrency world, Matador Token is definitely worth considering.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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