Leancoin

Leancoin (LEAN), previously known as Lean Management Token (LEAN), will be minted on the Solana blockchain with an initial supply of 10,000,000,000 $LEAN. Various total supply sizes for Leancoin were considered in the range of 10 billion to 1 trillion $LEAN. The team decided on a level of 10,000,000,000 $LEAN. A larger supply in the cryptocurrency market is advantageous as it allows for more liquidity and potential for growth. Information regarding the conversion ratio of Lean Management Token to Leancoin will be released this week. 18% of the initial supply of Leancoin (1,800,000,000 $LEAN) will automatically be burned upon contract creation, in order to regulate the % maximum supply with Lean Management Token. Furthermore, the Leancoin burning wallet will be larger than the Lean Management Token and more tokens will be deposited in this wallet after the swap process. So the max supply for $LEAN after launching the smart contract will be at the level of 8,200,000,000 $LEAN. About the chosen blockchain, Solana is a leading blockchain platform that offers fast and efficient transactions, making it an essential player in the NFT market. Our partner - Project S - will also be available on Solana, further strengthening its position in the industry. In addition to the official announcement, we would like to inform our community that a contract audit will be commissioned to an external auditing organization. This is to ensure the security and transparency of the Leancoin contract and provide peace of mind to our users.

Leancoin (LEAN) announces the initial supply and the name of new blockchain

Leancoin

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