FairEclipse is a deflationary token which rewards all holders through reflection of the total tax of 10%. The tax is divided into half - 5% is distributed to all holders and another 5% is added back into liquidity pool. This creates a price floor to cushion against large sells at once.
FairEclipse also aims to have a NFT marketplace for holders to contribute their NFTs. Funds from the sale will be donated to charity. The exact foundation will be decided at a later time when the NFT marketplace is setup.
How Many FEclipse Coins Are There in Circulation?
1 Quadrillion FEclipse was initially minted. 40% was initially burnt. The liquidity pool is dynamic. Everytime a holder sells, 10% will reflect back to all other holders and liquidity pool.
Who Are the Founders of FairEclipse?
Franco is the founder of FairEclipse. He wanted to create a token for the community that rewards long term holders. There are always high risks of many memecoins rugpulling in the first day and he wanted to make sure it does not happen with FairEclipse.