Passive Token pricePASSIVE
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Total supply
- 888.89K PASSIVE
- Self-reported circulating supply
- 888.89K PASSIVE
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About Passive Token
Passive Token Deployed on 21st November 2021 and developed by the UK based team that created Retire Token, Passive Token is a true source of passive income. It has a unique token economic model designed solely to benefit the long term holder with generous rewards.
Passive token is part of the Retire Token ecosystem. The tokens work together symbiotically to generate rewards and passive income for all eligible holders. Passive Token transactions generate Retire rewards, which in turn leads to more stability within the entire ecosystem.
Passive Token Tokenomics With only 888,888 tokens available, Passive Token is a low supply, high rewards token economic model. It reflects in retire tokens and BUSD stable coins, giving holders more flexibility in how they use their rewards. Holders must hold at least 28 tokens to qualify for the rewards system.
15% of each transaction is taxed and redistributed to all eligible holders in BUSD. 3% of each transaction is taxed and redistributed to all eligible holders in Retire tokens. 2% is taxed and used for project development and marketing.
In addition to the token economic model, Passive Token also employs an anti-whale/anti-bot methodology. The maximum transaction value is limited to 1% of the supply, as is the maximum wallet amount. Coupled with higher tax, these measures contribute to market stability and discourage manipulation.
The total supply is 888,888 tokens and the significance of this number is intentional. In many cultures, the number 8 signifies prosperity and wealth. Similarly, the number 28 is often viewed as a symbol of teamwork towards the goal of prosperity.
The Team The developers of Passive Token bring a wealth of knowledge to the project. They have been involved in several high profile token projects and consist of a multi-discipline global team of developers and investors.
Where to buy Passive token is becoming available on an ever increasing number of platforms. Currently it is listed on Coinsbit, PancakeSwap with more exchanges on the horizon for the future.