Deflationary is a mechanism where the supply of a token will decrease with each transaction. This mechanism is the ante-thesis of the unlimited supply of tokens because in this way the price of a token can be controlled or remain stable and even increase because the supply that continues to decrease will make the scarcity of tokens increase. Therefore, now many tokens have adopted this mechanism because a solution like this is considered more reasonable and profitable for the holders.
What is KeyFund?
KeyFund is an autonomous yield token that adopts a deflationary mechanism. Having KeyFund tokens allows users to get rewards from the tokens they hold which are sent directly to their wallets. These rewards are obtained from 1% of the tax charged for each transaction. Because as is known, usually people now stake LP tokens to get passive income every day. However, the problem is that the price of the tokens is unstable, which causes the impermanent loss of staking LP tokens. Therefore, a deflationary mechanism with static rewards is a solution for this, because usually deflationary tokens do not have an impermanent loss, on the contrary, users can have the opportunity to experience higher token prices and rewards for the tokens they hold.
KeyFund has an innovative mechanism to maintain the base price of the token. 2% of each transaction will be allocated to liquidity automatically. In this way, the liquidity of the KeyFund will be maintained and the price of the KeyFund token will remain stable or even increase.
What features does KeyFund provide?
KeyFund aims to become a deflationary token that will provide static rewards to its holders. The plan is that 1% of the tax from each transaction will be distributed to the user's wallet automatically in a fair and transparent manner. And to maintain the base price of the token, 2% of the tax will be allocated to the liquidity pool and 1% will be burned.
Following are the features provided by KeyFund:
- Automated liquidity pool: Allows 2% of the tax from each transaction to be locked forever in liquidity. This is intended to keep the underlying price of the KeyFund stable or even increasing in the future.
- Transaction fees: Tax mechanism that allows KeyFund to continue to operate better. KeyFund employs 3 simple functions: Reflection + LP acquisition + Burn-In each trade + Dev Fee, and the total tax on this transaction is 5%.
- Automatic burning: Allows 1% of the tax from each transaction to be sent automatically to the dead address. This process will be carried out in a transparent and traceable manner.
How does the KeyFund interface look like?
The interface of KeyFund is quite user-friendly with a modern and clean look. Here users can find various information related to KeyFund, such as what KeyFund is and the features it offers. Here the developer also explains the pre-sale of KeyFund and how to participate in this token sale program. So that users who are interested in buying KeyFund tokens at the beginning, can immediately read the information provided and participate in the program. Users can also see the roadmap of KeyFund, from initial development to listing on the exchange.
What are the details of KeyFund Token?
KeyFund Token was launched on the basis of BINANCE BEP-20 and will serve as a utility token. KeyFund adopts a deflationary mechanism, which means that the supply of these tokens will continue to decrease with each transaction. KeyFund imposes a 5% tax for each transaction, which is then allocated to users, liquidity pools, marketing, and dead addresses. KeyFund can be used for various purposes such as to get passive income, investment, or for transactions. And if users are interested in owning KeyFund tokens then they can buy these tokens through the token sale program.
In Conclusion
KeyFund is an autonomous yield token that adopts a deflationary token mechanism that will provide static rewards to users. By only holding KeyFund tokens, users will get 1% of the tax from each transaction that will be sent to the user's wallet without fees. And to maintain the base price of the token, KeyFund will allocate 2% of the tax from each transaction to the liquidity pool and 1% will be sent to the dead wallet, then the remaining 1% will be allocated for development. In this way, the team is confident that the price of KeyFund tokens will remain stable and even increase in the future.
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