Pre-Defined Wallets

We have defined categories of the wallets in the Contract and Every Category has different rules, Here we will list each and every Category. These wallets are meant for the purpose of an allocation from the Genesis Wallet, So once tokens are allocated, the purpose of its allocation can not be tempered.

Yes, You have read that correctly, Its purpose can not be tempered, You will understand that once you go through this entire document.

Please go through this list since our Token’s entire economy is unique because of these applicable rules only.

Category of the Wallets

1) Genesis Wallet:

This is the Wallet, which will be the owner of the Contract of SCOLT tokens. All Tokens will be first minted into this wallet before any kind of distribution. In other words, it's thewomb of SCOLT tokens.

2) Director’s Wallet:

These wallets are those kinds of wallets that are for the directors of the Safe Coliseum community. They will be practically the Director and President of the Coliseum Community.

3) Governance Wallet:

The use of this wallet is for the allocation of the tokens which are being stacked for Governance related expenses. It will be utilized when the community is in need to cover Governance related expenses.

4) Marketing Wallet:

This wallet has been allocated to cover the Marketing expenses, Whenever the Safe Coliseum community needs funds for Marketing, it will re-raise funds by selling these tokens on DEXs, which will be adding token liquidity into the market. Along with the allocation, this wallet will also be having Contributions from all of the Transactions.

5) Liquidity Wallets:

The Community will store all the allocation of the Liquidity into this wallet, in other words, all DEX contracts will be made from this wallet and DEX will be provided with Liquidity from this wallet only.

6) Pool & Airdrop:

We have decided that for a certain period, SCOLT tokens will be available for Stake hold purposes, Investors will be rewarded with SCOLT tokens’ APY. And All ETH and BNB holders will be having the benefits of an Airdrop, along with our few Marketing arrangements. All allocated tokens will be available in this wallet.

7) Future Team:

We know that already there are a lot of people joining this community, and soon as they join and work for the community, they must be rewarded for the same, and those rewards will be provided to them from this wallet.

8) Initial Offering Wallets:

In the initial period of the tokens, the Community will be having multiple token sales, and an allocation to those token sales will be stored in this wallet.

9) Development:

Any project will indeed require constant development, infrastructure upgrade, and security checks, none of the above is and was never free of cost. Those costs will be covered by this allocated wallet.

10) Unsold:

This wallet has been created purposely, and any amount of tokens that are not sold into the Public Offering will be stored here and will be burned on a later part from the total supply of the tokens.

11) General:

This is a type of wallet that is for any SCOLT Token Holder, This is not an allocation. However, whoever is holding SCOLT tokens and not following any of the above categories will be defined as General Wallet.

12) DEX Pair Wallet

This is a wallet type that is practically a functionality, which will be used by the contract when Liquidity is being provided to the DEX, without the approval of this pair into the Contract, SCOLT tokens will not accessible to purchase or sell. This means, Only the Liquidity wallet can do that and not even the Director's wallet can do that. if anybody other than Liquidity wallet will try to create SCOLT's pair on any DEX, the Contract's coding will deny that.

This functionality has been written and created for controlling the dump situation of SCOLT tokens.