Introducing $WOOF: A Slightly Stronger Deflationary Frictionless Yield Meme Token
The latest in doge-related meme coin technology, $WOOF, has arrived!
$WOOF is an adorable, yet powerful, even slightly stronger, meme token. It applies a 3% tax on all transactions. 2% of each transaction is distributed to all $WOOF holders for being good boiz and coofing correctly. The other 1% is burned.
What does that mean, in layman terms? Well it means one thing, and one thing only: as $WOOFs become scarcer, your percentage of the supply increases. This causes the price to go up, while your supply increases. This is similar to yield farming, but hard-coded into each transaction, think of it like a tax. On every transaction of $WOOF, two percent is removed from the balance and distributed evenly to all holders of $WOOF. The more you hold the higher the percentage you get.
Excited yet?
Here’s a short breakdown of the tokenomics of $WOOF:
$WOOF has a max supply of 1,000,000:
- 25% to stealth presale
- 15% for daily lottery (random good boi address is chosen and sent free $WOOF)
- 20% allocated for marketing, development, graphic design
- 20% to Uniswap liquidity
- 20% allocated for community fund (meme contests/shilling contests/burn)
Why $WOOF?
Liquidity will be locked upon listing, preventing a rug pull, and making sure this magic carpet ride to Mars doesn’t crash and burn like the last Tesla rocket-ship. Meme contest will be live directly after launch. Memes must be tweeted and then posted in the $WOOF telegram chat for review.
Join us!
https://t.me/CoronaPuppers
