Token Features

a real beauty resides in it when it comes to the Financials

It is essential that everybody understands that what are the features of this token, since cryptocurrency is not the only HOT discussion anymore in many corners of the world, there are more factors to them, which are more important to understand because if one can not understand the features of the technology, it turns out to be dangerous and poisonous for an individual's finances.

On this page, you will understand what are the features of the SCOLT tokens and how it is different than other tokens in the market.

1) Audit and Certifications:

Nowadays, since cyberattacks have evolved, if an Investor is Investing in such a contract that is not Audited for potential hack or theft, many people can lose their funds, or many projects can go to the trash.

That's why The Safe Coliseum team has decided to get SCOLT's Contract to be Audited by a third party and get it certified as well with possible changes as well.

2) Contribution Fees:

Subject to the exceptions, anybody or any wallet that makes an Outgoing Transaction will be Contributing towards the economy of the Tokens, Here, you will learn where and how it is being contributed. However, for a Normal Token Holder Wallet, the Contribution Fee is set to 2% of the outgoing transactions. Please note that if Token Holder Wallet will not be having enough Contribution Fees to be deducted after the set amount of transaction, OR it has only a partial amount left then in that case pending Contribution Fees will be deducted from the Transaction and the receiver will get fewer tokens.

EG. 1: User A has a balance of 11k SCOLT tokens and sending 10k SCOLT to User B then USER B should get 10k tokens, however, an additional contribution fee of 200 SCOLT tokens will be deducted from User A's Wallet.

EG 2: User A has a balance of 10k SCOLT tokens and sending 9990 SCOLT tokens to User B, then 10 SCOLT will be deducted from User A and 190 SCOLT will be deducted from User B's Wallet

the entire contribution can be tracked via respective blockchain entries

3) Anti-Whale Policy:

In the Cryptocurrency world, it is very common that whales to get involved, and when they get involved, they can literally control the market which turns out at some point very dangerous for the economy of a token. Obviously, it is impossible in a Decentralized world to stop Whales from entering the Economy but we have come up with a solution that they can be controlled up to some extent.

Q: Who will be considered a Whale?

Ans: Any wallet that holds 1% of the Total existing Total Supply will be considered a Whale.

Q: What's the Whale Policy?

Ans: Any Wallet considered to be a whale will have a contribution of 5% of every outgoing transaction of the transaction amount.

4) Anti-Dump Policy:

This word itself describes its meaning it. Yes, it controls the Dumping of SCOLT tokens into a Decentralised world. our Anti-Dump policy makes our tokens unique because it is pre-defined into our contract itself. and will be there always, which can not be altered or changed at a later time frame. Below are the baseline principles of that.

i) All Normal Users are restricted to selling up to 2000 SCOLT tokens every 24 hours on DEXs

ii) All Whale Users are restricted to selling up to 5000 SCOLT tokens every 24 hours on DEXs

iii) For the continuous 6 days of selling, any user will be restricted to selling for 72 hours on DEXs.

5) Eternal Stimulus:

Whoever holds SCOLT tokens will be provided with the stimulus for eternity. that is very well and pre-written into the contract. Now, you must be curious, about how. Well. here is how

From every normal user's outgoing transaction, the contract deducts the contribution fee of 2% and from every whale user's outgoing transaction, it deducts 5% of the contribution fees of the transaction amount, out of these, 43% is being distributed towards all token holders from a normal user's outgoing transaction's contribution and 40% from the whale user's outgoing transaction's contribution.

Please note that all Contribution's distribution will be stored in 1 particular contract address and as soon as it hits a hundred thousand, it will be credited into the token holder's wallet

6) Credible Scrapping:

What's the fun and how does the economy run perfectly if everything is constantly growing or increasing. That's why we are scrapping tokens into a credible amount. We hereby reveal that every contribution is having scrapping, which is also called burning of the supply.

from the contribution of the Normal user's Outgoing Transaction, 25% will be burned

And from the contribution of the whale user's Outgoing Transaction, 20% will be burned

So, technically, every transaction will be shorting the supply.

7) Perpetual Stashing:

Now, Since the running of an Economy requires certain expenses and maintenance. those expenses are considered as Marketing and Development, as much as the crypto market grows, charges for the 3rd party and other people involved with the marketing of any cryptocurrency. and as much as Data storages increases, security expenses are taking new highs, Our Economy certainly requires some constant spending, for which we need constant stashing. but we can not just pull it off, we will require to stash it perpetually.

For that from every Contribution of the Normal user we stash 25% for Marketing and 7% for the development, from whales, we stash 30% for marketing and 10% for the Development

8) Extraneous Structured Stimulus:

Since the beginning of the project, we have been telling and informing that SCOLT or COLISEUM project is not only about a platform or a token, it has more to it. Till the time Platform is not online, the team here involved with Safe Coliseum is also investing and creating new salable content for the open market, we do not want to limit ourselves to blockchain and decentralized industry only.

From the Profit of Briffon Productions Pvt. Ltd. and Coliseum Productions OÜ, 70% will be given back to the SCOLT token holders, by adding values into DEX pairs and in return whatever SCOLT tokens community will receive will be distributed amongst Token Holders.

Remember, we learned about Briffon Productions Pvt. Ltd. and Coliseum Productions OÜ into the Introductions?