The #RichQuack project is a decentralized launchpad platform that seeks to provide a novel aspect to the field of #cryptocurrency . It aspires to establish itself as a project that is both entertaining and substantial, offering a diverse range of functionalities and an extensive ecosystem.

The #QUACK cryptocurrency has a hyper-deflationary mechanism that is purposefully engineered to create dividends and static rewards for its holders. This is achieved by the implementation of an automated yield farming method.

The RichQuack platform implements a transaction fee of 12%, which is allocated as follows: 4% is delivered to token holders, 4% is allocated to auto liquidity, 2% is directed towards the Quack PUMP and Burn Wallet, and the remaining 2% is allocated for marketing and the development wallet.

The project operates on a community-driven model, with all updates being overseen by project volunteers.

What is the nature and purpose of RichQuack?

RichQuack is a project that has been developed with the primary objective of facilitating automated liquidity. This is achieved by implementing a mechanism that allows for the generation of payments and static benefits for those who hold the QUACK token, the native cryptocurrency of the RichQuack community.

The primary objective of this platform is to establish a community-oriented environment wherein individuals who possess the cryptocurrency may generate earnings via the act of keeping it.

The platform known as RichQuack also provides a Launchpad, which serves as a venue for teams to initiate a project or enroll in a forthcoming launch event.

The application further has presale voting, staking on the Quack Pool, which offers an Annual Percentage Yield (APY) of 15.40% and requires an Entry Fee of 2.5%. Furthermore, it offers a "START" functionality that enables individuals to begin fundraising for their innovative projects, invite acquaintances, and bring their creative endeavors to fruition.

What is the mechanism behind its functioning?

RichQuack, sometimes referred to as the QUACK token, encompasses a native cryptocurrency that incorporates a transaction charge of 12%. This cost is divided into various allocations, with 4% designated for holder incentives, another 4% for Auto Liquidity, 2% for the Quack PUMP & Burn wallet, and a further 2% for the Marketing and Dev wallet.

Additionally, the ecosystem benefits consist of a 3% allocation, with 1% being held in the Deployer Wallet and the remaining 2% being locked in the Team's holdings.The allocation of financial resources for the purposes of airdrop and staking rewards.

Moreover, there exists a financial reserve known as the "money bin" which remains inaccessible for a period of five years. This reserve, referred to as the "Liquidity Locked on Team," is subject to certain restrictions that prevent immediate access or utilization.The primary objective of finance is to provide the security and protection of loyal orders.

The Pool IDO participation for the guaranteed allocation model is organized into nine levels, determined on the quantity of QUACK tokens that users have placed on RichQuack.

In addition to the aforementioned attributes, RichQuack incorporates an anti-whale mechanism that restricts any individual wallet from possessing a quantity exceeding 1% of the total token supply. The sales are further limited to a quantity that is less than 1% of the whole supply.

RichQuak is now engaged in the development of a metaverse platform. Additionally, they have successfully created a platform that enables users to engage in staking activities on a launchpad platform. Notably, this staking opportunity offers a fixed Annual Percentage Rate (APR) of 28% for those who choose to stake their assets for a duration of 90 days.

This implies that individuals are need to secure their QUACK cryptocurrency within the site for a duration of 90 days, refraining from making any withdrawals in order to obtain the maximum annual percentage rate (APR).

The allocation of pool presale participation for the Guaranteed Allocation model is distributed across seven tiers, which are determined by the quantity of QUACK that each individual wagers.

The annual percentage rate (APR) for a lock-in period of 14 days is 8%, whilst opting to lock your QUACK tokens for a duration of 30 days yields an APR of 13%. It should be noted that upon staking their coin, users are required to complete the registration process for Initial DEX Offerings (IDOs).

Regarding the RichQuack metaverse, participants have the opportunity to relax, socialize, engage in recreational activities, and generate income. It is important to note that this metaverse is being developed inside the framework of Vimpto Worlds.

The Quack Launch platform is an equitable and decentralized launch ecosystem that operates across several chains. Its primary objective is to facilitate the development and realization of cutting-edge products by assisting teams in their endeavors.

The fixed annual percentage rate (APR) of 28% is applicable when the user chooses to freeze their QUACK tokens for a period of 90 days while participating in the Launchpad staking program.

The inclusion of the Quack Pool, boasting an annual percentage yield (APY) of 15.40% and an associated entry fee of 2.5%,

The transaction fee is set at 12%, with 4% allocated towards holder rewards, 4% towards Auto Liquidity, 2% for the Quack PUMP & Burn wallet, and 2% for the Marketing and Dev wallet.