Quickly understand 👇👇
Binance's first phase of HOLDER airdrop benefits-----Banana Gun (BANANA) project introduction
I. Project background and positioning
🚀Positioning: Banana Gun is one of the most famous trading robots on Telegram, designed to provide trading tools for on-chain tokens, especially sniping newly launched tokens or issued tokens.
🎯Vision: Banana Gun hopes to create a sustainable ecosystem project through its economic model, so that robot users become token holders, and token holders also become robot users, forming a virtuous circle. 🔄
II. Main functions
🔧Quick purchase: Users can use Banana Gun to quickly buy newly launched tokens, especially for sniping operations at the opening.
🚀Trading service: In addition to quick purchase, Banana Gun also provides the function of manually buying and selling cryptocurrencies, covering the entire process from registration, purchase to sale.
💰Security: Banana Gun provides an additional layer of security by privately executing Ethereum transactions set by users, reducing costs and risks for users in a high gas fee environment.
🛡️Anti-fraud mechanism: Banana Gun has a Rug Pull (fraud) defense function, which can cancel transactions when it detects that the transaction may be sandwiched, protecting users from sandwich attacks. 🛡️🚫
III. Token Economics ※※
💰Token Name: BANANA
🍌Initial Total Supply: 10,000,000 $BANANA
Token Distribution:
Pre-sale: 20% (2,000,000 $BANANA), for early sales to specific investors.
💸Liquidity Pool: 3% (300,000 $BANANA), for providing liquidity support for market buying and selling.
💧Airdrop: 1.2% (120,000 $BANANA), distributed free of charge to specific target groups as a marketing tool.
🎁Team reserve: 10% (1,000,000 $BANANA), half of which will be released linearly after 2 years of lock-up, and the other half will be released linearly after 8 years of lock-up.
🔒Treasury: 65.8% (6,580,000 $BANANA), most of which are locked and will be gradually released in the future to reward Bot use.
🏦Taxes and distribution: 4% tax is charged for buying and selling transactions, of which 2% is allocated to token holders as rewards, 1% is allocated to the team as incentives, and 1% is allocated to the treasury. 💰
In addition, many people purchased KYC before the megadrop, resulting in losses in the earnings of real users. We must firmly say NO to cheating methods!👊
Current price: 70U/piece