On this article, we’ll focus on details about the LifeLine undertaking and LLT token
LifeLine (LLT) constructed on Binance Smartchain is a charity-oriented token for serving to youngsters’s hospitals and foundations with most cancers care, 5% of the provision is reserved for donations.
Most cancers is a tragedy underneath any circumstances, however when it occurs to our kids the ache turns into unimaginable. The second that prognosis is made, mother and father and docs start a determined race towards the clock with no method of realizing what the end result shall be.
That’s the place LifeLine is available in. In an ideal world, you wouldn’t must give attention to something apart from your youngster, however we at LLT realize it’s not that straightforward. Based on a 2019 examine, 2 out of three households expertise vital monetary hardship so as to present applicable care, which may embrace the price of touring to better-funded medical services.
Our mission is to make use of cryptocurrency as a strong new technique 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 innovative, life-saving therapies with out the present financial repercussions. Now’s the time to start out 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% shall be invested into financing the undertaking (advertising, trade listings, and different bills). The opposite 5% belongs to the charity pockets, which shall be used for donations to youngsters’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 youngsters’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 payment shall be burned, whereas the opposite 2% shall be redistributed to all holders proportionately, based mostly on what number of $LLT tokens are in every pockets. This makes $LLT a deflationary and stakable token, benefiting traders and the charity pockets.
LP liquidity tokens to be burned after including it to PancakeSwap.
Each transaction has a four% payment.
Earn passive revenue 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 forestall huge dumps and additional reinforce the steadiness of the token.
Ceaselessly Requested Questions
Is that this a rug pull / can this be rug pulled?
In brief, 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 referred to as an LP-Token, or Liquidity Supplier token, in trade. 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 suggests you may’t rug pull. The LLT group despatched our LP-Tokens to a lifeless tackle to allow them to’t be accessed or recovered. It is a technique referred to as “burning liquidity”, and it helps guarantee the protection and stability of a undertaking like ours.
Do you intend on $LLT getting used for a wide range of functions, or will your foremost focus keep on supporting charities?
We’ve got thrilling plans for the long run, 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 individuals belief that it will probably’t be rug pulled? Will there be a lock in place?
Completely. We all know that there’s a number of concern round this matter, and understandably so. At the moment, you may examine 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 whole token quantity. Up to now all of the websites providing these providers 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 whole provide was burned in someday. Is that sustainable?
It completely is sustainable. To place it merely, LLT has a 2% burn on each transaction. We simply went by way of 5% of the provision as a result of we had such an unimaginable first day. To enter a bit extra depth, we began out LLT with a big amount of low-cost tokens. We felt like this was the best choice to make sure issues like accessibility to a variety of traders, nevertheless it additionally comes with its personal challenges. After we balanced the professionals and cons, we determined that a 2% burn per transaction is a possible technique 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 shall be someplace round 100,000 tokens in six years. However as a result of LLT will be offered in portions as small as zero.00000001, even that gained’t be a difficulty.
What units Lifeline other than different charity tokens?
We see numerous different charity tokens who donate to animal shelters or environmental foundations, that are all essential causes, however LifeLine is right here to alter the lives of kids 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 dwell 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 perfect of you.
Simply make sure you may have sufficient BNB in your pockets to cowl the transaction charges.
Web site www.lifelinetoken.com