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 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 analysis is made, mother and father and docs start a determined race in opposition to the clock with no approach of realizing what the result will likely be.
That’s the place LifeLine is available in. In an ideal world, you wouldn’t need to deal with something apart from your youngster, however we at LLT comprehend it’s not that easy. In keeping with a 2019 research, 2 out of three households expertise important monetary hardship so as to present applicable care, which might embody the price of touring to better-funded medical amenities.
Our mission is to make use of cryptocurrency as a robust new technique to purchase and distribute donations the place they’re wanted most. We will envision a world the place each youngster is ready to obtain innovative, 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% will likely be invested into financing the undertaking (advertising, alternate listings, and different bills). The opposite 5% belongs to the charity pockets, which will likely 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’ll 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 charge will likely be burned, whereas the opposite 2% will likely 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 buyers and the charity pockets.
LP liquidity tokens to be burned after including it to PancakeSwap.
Each transaction has a four% charge.
Earn passive revenue only for holding $LLT tokens in your pockets.
No pockets can promote greater than 1% of $LLT’s whole circulating provide at a time. This was engineered to forestall 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.
If 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 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 suggests you may’t rug pull. The LLT staff despatched our LP-Tokens to a useless deal with to allow them to’t be accessed or recovered. This can be a technique referred to as “burning liquidity”, and it helps guarantee the security and stability of a undertaking like ours.
Do you intend on $LLT getting used for quite a lot of functions, or will your predominant focus keep on supporting charities?
Now we have 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 neighborhood updated once we are able to make our first steps down a brand new path.
Regarding the massive 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 numerous concern round this matter, and understandably so. Presently, you may examine the Charity Pockets transactions on BSC Scan, and as we transfer ahead we’ll make all donations as public as potential so you may affirm 100% of the cash we’ve raised goes to the chosen charities. We’re searching for a third-party pockets service supplier to handle the Charity Pockets solely permitting month-to-month withdrawals of 10% or much less of the whole token quantity. To this point 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 observed 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 via 5% of the provision as a result of we had such an unbelievable 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 buyers, nevertheless it additionally comes with its personal challenges. Once 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 follow, that is just like how Bitcoin has developed throughout its time available on the market. We estimate that our provide will likely be someplace round 100,000 tokens in six years. However as a result of LLT could 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 number of 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 have to be defined past that
How and The place to Purchase LifeLine (LLT)?
LLT is now dwell on the Binance mainnet. The token deal with for LLT is 0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2. Be cautious to not buy another 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 very best of you.
Simply be certain you may have sufficient BNB in your pockets to cowl the transaction charges.
Web site www.lifelinetoken.com
I’m a leading crypto author with over 10 years experience in the industry. I have been featured in numerous publications and am a regular speaker at major crypto events. I’m also the founder of Crypto Academy, which is dedicated to providing education on all things crypto.