Altruism Protocol was built for SECURITY. Altrucoin is a decentralized finance token built to bring together trustless defi lending, token reflection, charitable donations, and decentralized governance.
Altrucoin is a community-driven, frictionless yield-generating token created on the Binance Smart Chain. It is the first token created as part of The Altruism Protocol, which is a system of decentralized tools and tokens that support holders and charities.
Altrucoin was designed to produce decentralized charitable donations and to provide a safe, appreciating store of value for token holders with strong incentives for long-term investment and a clearly defined use case: trustless defi lending.
Our project combines the established use case of trustless defi lending with the modern tokenomic mechanism of token reflection and a variety of other improvements.
We aim to remove the middlemen (banks) from the lending equation and instead send profits directly to Altrucoin holders and charitable organizations.
Altrucoin has launched in a partially decentralized state. Our roadmap lays out our plan to become fully decentralized.
In our whitepaper, we discuss our transaction fee reduction plan designed to increase general usability.
Primary Use Case
We are actively developing the protocol into a decentralized lending platform.
Unique Smart Contract Code
While we do use of established code libraries and templates, we have also implemented unique code to create a token that matches our needs exactly.
Holders of Altrucoin will be in control of which charities receive donations. This is implemented at launch.
Every protocol wallet is controlled via Gnosis Multisig Safe wallet contracts. This greatly reduces the likelihood of a single rogue user being able to attack or steal protocol funds or liquidity.
Ownership, liquidity, and all protocol wallets are locked Gnosis Multisig Safe contract wallets for added security, details are in our whitepaper.
The project has also been audited and our team is doxxed.
Overall Transaction Fee = 10%
- 50% of that 10% tax is distributed to existing holders (5% of total)
- 50% of that 10% tax is distributed to the multisig protocol wallets broken down as follows (5% of total):
- 40% is distributed to the Liquidity Pool Wallet (2% of total)
- 30% is distributed to the Charity Wallet (1.5% of total)
- 15% is distributed to the Marketing Wallet (.75% of total)
- 15% is distributed to the Development Wallet (.75% of total)
Altrucoin BSC contract :
Altrucoin contact information
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------------------------------------- Note that: 1) A listing needs at least 1000 votes within 10 days to avoid being demoted to the Waiting Room. 2) If a listing reaches 2000 votes within 10 days, it will be tagged as a “Strong Community”. 2000 votes also qualifies the project to become one of our partners. You get 12 months of promotion at the cost of only 1 month! Please get your awesome community to vote. Thanks. 🚀🚀🚀 ------------------------------------- Hello readers, this post was created with our nice and easy submission form. Create your post!