What is LifeLine (LLT) | What is LifeLine token | What is LLT token
On this article, we’ll talk about details about the LifeLine undertaking and LLT token
LifeLine (LLT) constructed on Binance Smartchain is a charity-oriented token for serving to kids’s hospitals and foundations with most cancers care, 5% of the provision is reserved for donations.
Most cancers is a tragedy beneath any circumstances, however when it occurs to our kids the ache turns into unimaginable. The second that prognosis is made, dad and mom and docs start a determined race in opposition to the clock with no approach of understanding what the result might be.
That’s the place LifeLine is available in. In an ideal world, you wouldn’t should concentrate on something apart from your youngster, however we at LLT understand it’s not that easy. In response to a 2019 examine, 2 out of three households expertise important monetary hardship to be able to present applicable care, which might embody the price of touring to better-funded medical services.
Our mission is to make use of cryptocurrency as a strong new option to purchase and distribute donations the place they’re wanted most. We are able to envision a world the place each youngster is ready to obtain leading edge, life-saving remedies with out the present financial repercussions. Now’s the time to begin making that dream a actuality.
LifeLine Token’s Options and Tokenomics
Charity-oriented token for a life-saving trigger. 10% of the preliminary token provide has been reserved. 5% might be invested into financing the undertaking (advertising and marketing, alternate listings, and different bills). The opposite 5% belongs to the charity pockets, which might be used for donations to kids’s hospitals for most cancers care.
As soon as the market cap hits $500,000 USD, donations will start. On the first Monday of each month, we are going to promote 10% of the tokens within the donation pockets, and donate the proceeds to a kids’s hospital for most cancers care. The primary donation will go to Alex’s Lemonade Stand Basis for Childhood Most cancers. Because the market cap grows over time, these 10% month-to-month donations will improve.
The way it Works?
2% of the transaction price might be burned, whereas the opposite 2% might be redistributed to all holders proportionately, primarily based on what number of $LLT tokens are in every pockets. This makes $LLT a deflationary and stakable token, benefiting buyers and the charity pockets.
LP liquidity tokens to be burned after including it to PancakeSwap.
Each transaction has a four% price.
Earn passive earnings only for holding $LLT tokens in your pockets.
No pockets can promote greater than 1% of $LLT’s complete circulating provide at a time. This was engineered to stop large dumps and additional reinforce the soundness of the token.
Steadily Requested Questions
Is that this a rug pull / can this be rug pulled?
Briefly, it isn’t a rug pull, and it can’t be rug pulled.
While you add tokens after which add liquidity to these tokens, you obtain one thing known as an LP-Token, or Liquidity Supplier token, in alternate. This lets you take away the liquidity at any time, which is how rug pulls occur. With out the LP-tokens, you may’t take away the liquidity, which implies you may’t rug pull. The LLT workforce despatched our LP-Tokens to a useless tackle to allow them to’t be accessed or recovered. It is a technique known as “burning liquidity”, and it helps guarantee the protection and stability of a undertaking like ours.
Do you propose on $LLT getting used for a wide range of functions, or will your major focus keep on supporting charities?
Now we have thrilling plans for the longer term, however we’re doing issues one step at a time to ensure we don’t sacrifice high quality for selection. We promise to maintain the group updated once we are able to make our first steps down a brand new path.
Regarding the giant pockets (Charity Pockets), what are you able to do to assist folks belief that it will probably’t be rug pulled? Will there be a lock in place?
Completely. We all know that there’s quite a lot of concern round this subject, and understandably so. Right now, you may test the Charity Pockets transactions on BSC Scan, and as we transfer ahead we are going to make all donations as public as doable so you may affirm 100% of the cash we’ve raised goes to the chosen charities. We’re on the lookout for a third-party pockets service supplier to handle the Charity Pockets by solely permitting month-to-month withdrawals of 10% or much less of the entire token quantity. Up to now all of the websites providing these companies appear sketchy, however we welcome you to succeed in out with any concepts.
Are you able to inform us about how LLT plans to construction its token burns? We seen that 5% of the entire provide was burned in at some point. Is that sustainable?
It completely is sustainable. To place it merely, LLT has a 2% burn on each transaction. We simply went by 5% of the provision as a result of we had such an unimaginable first day. To enter just a little extra depth, we began out LLT with a big amount of low-cost tokens. We felt like this was the most suitable choice to make sure issues like accessibility to a variety of buyers, but it surely additionally comes with its personal challenges. After we balanced the professionals and cons, we determined that a 2% burn per transaction is a possible option to slowly lower token provide and improve token worth over time. In apply, that is just like how Bitcoin has developed throughout its time available on the market. We estimate that our provide might be someplace round 100,000 tokens in six years. However as a result of LLT may be bought in portions as small as zero.00000001, even that gained’t be a problem.
What units Lifeline other than different charity tokens?
We see a lot of different charity tokens who donate to animal shelters or environmental foundations, that are all crucial causes, however LifeLine is right here to vary the lives of youngsters with most cancers. To us, the distinction doesn’t should be defined past that
How and The place to Purchase LifeLine (LLT)?
LLT is now stay on the Binance mainnet. The token tackle for LLT is 0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2. Be cautious to not buy some other token with a wise contract totally different from this one (as this may be simply faked). We strongly advise to be vigilant and keep secure all through the launch. Don’t let the thrill get the most effective of you.
Simply ensure you may have sufficient BNB in your pockets to cowl the transaction charges.
Web site www.lifelinetoken.com