The financial system adopted by many countries in the world today allows banks to be able to issue unlimited amounts of money. This means that banks can manipulate the supply of their money. Of course, this can cause many problems, such as inflation and other problems. Therefore, cryptocurrency was launched to be an alternative financial solution to the traditional financial system. Cryptocurrencies with blockchain technology do not allow manipulation, people can see how much supply of a token and the supply is fixed, meaning it will not increase, and can only be burned. This is what makes cryptocurrencies better than fiat currencies.
What is LunaLand?
LunaLand is a peer-to-peer digital currency launched to protect people from real-world inflation and infinite money printing. LunaLand is a hyper-deflationary token which means that when the target is reached, the supply will be drastically reduced. In this way, LunaLand can increase the rarity and value of tokens. Because as is known, the current traditional financial system allows printing money continuously, which will have an impact on inflation or other problems. Whereas deflationary is the opposite, it is a mechanism in cryptocurrencies that allows the total supply of tokens to decrease every time a token transfer happens. In this way, the rarity of the tokens will increase which will make the value of the tokens increase. This is the mechanism adopted by the LunaLand token, but slightly different, the LunaLand token adopts the hyper-deflationary mechanism, which means that the total supply of LunaLand tokens will be reduced significantly. LunaLand plans to burn 400M coins from the initial pool of 1 Trillion coins. With this, LunaLand can create upward price momentum.
LunaLand token holders will get a reward for the token they hold, the more LunaLand tokens they hold, the bigger the reward they get. And LunaLand will not tax to encourage users to hold tokens longer.
What features does LunaLand provide?
LunaLand aims to be a peer-to-peer digital currency that will protect people from real-world inflation as the world goes on a money printing spree. LunaLand adopts a hyper-deflationary mechanism that will drastically reduce the total supply once the target is reached. In this way, LunaLand can increase the value of the token and create upward price momentum.
The following are the features provided by LunaLand:
- Hold LunaLand for rewards: LunaLand allows holders to get rewards for every LunaLand token they hold. The more LunaLand tokens the holder holds, the greater the reward they will get.
- Burn tokens manually: LunaLand allows burning 99.96% from 1 trillion to 400 million coins. In this way, it allows LunaLand to create upward price momentum which will benefit early holders.
- Encourages trading for holders: LunaLand has a mechanism that will put 50% back into liquidity pools and will not impose tax trading.
How does the LunaLand interface look like?
The interface of LunaLand is user-friendly with dominant and responsive black and white colors. Here the development explains what LunaLand is and the features it offers. The developer also includes whitepapers, contracts, and audit reports, so users who want to know more about the token, mission, and security of the code from LunaLand can read the documents provided by the developer. Not to forget, the developer includes a link to be able to buy LunaLand tokens, so users can find out where to buy LunaLand tokens and avoid scammers.
In Conclusion
LunaLand is a digital currency launched to become a token that protects against real-world inflation. Launched on the BINANCE BEP-20 platform, LunaLand adopts a hyper-deflationary mechanism that will drastically reduce the total supply, LunaLand plans to reduce 99.96% from the initial pool of 1 Trillion coins. In this way, the rarity of LunaLand can increase which will cause the value of the LunaLand token to increase. Not only that, LunaLand is a token that will provide rewards for holders. The longer and more holders hold LunaLand tokens, the greater the rewards they will get.
Connect
WEB: https://www.lunaland.io/
TWITTER: https://twitter.com/IoLunaland
TELEGRAM: https://t.me/joinchat/mVqqBg8cTpA5N2Zk
Writer
Telegram: @topico88
BTT Username: Toplistico.com
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2676688
