MAKK

MakkMAKK

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Token
On 13,786 watchlists

Status

Market data is untracked

This project is featured as an 'Untracked Listing'

For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)

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MAKK Price Live Data

Makk is a deflationary DeFi token that operates on the Binance Smart Chain. The fundamental principles of Makk are Deflation, Reflection and Automated Liquidity Acquisition to ensure a fair treatment for all investors and holders

Makk operates on a 9% transactional fee from each trade. This fee is distributed in the following way:

Reflection - 3% to proportionally reward existing Makk token holders and incentivise further acquisition of tokens and overall growth. A portion of the reflection also goes permanently to an inaccessible burn wallet, to decrease permanent supply and increase scarcity

Liquidity Pool - 3% this acts to stabilise the value of Makk and prevent whales from selling out crashing the price

Development and Marketing - 3% goes to funding ongoing Makk projects and community engagement and enhancements​

The tokenomics of Makk purposefully act to benefit Makk holders and the project as a whole by locking 3% in the liquidity pool to ensure a stable price and prevent large sell-offs that impact the overall price, yet still rewarding existing token holders for their loyalty and incentivising future growth. Reflection also includes the burn of Makk tokens to a dead wallet as a proportional part of the Reflection to ensure the volumes of Makk in circulation are deflationary, increasing the scarcity and value of Makk.