**What is COVDR Token (COVDR)**

COVDR is an acronym for COVID RECOVERY.
COVDR Token is a reflection token on the Binance Smart Chain that enable it holders to earn passive income as a reward for simply holding.
Holders of COVDR token will also earn passive income in form of monthly interest of up to 8.3% in BUSD.

COVDR Token is backed by an Advanced Trading Algorithm, a Non-Custodial Trading Bot designed for the Futures Market.
COVDR Token will serve as a subscription currency for our non-custodial trading bot, a partnership project with Xchangerate.io.

**COVDR Token Utility in Brief:**

* 10% Tax Redistribution among holders.
* Hold and Earn Reward system with a monthly interest of up to 8.3% in BUSD
* Subscription currency for non-custodial trading bot.

**How Many COVDR Tokens are there in Circulation?**

The total supply of COVDR is 500 billion. 3% is allocated to the team and is vested with pinksale for one year. 28% will be released for presale and the raised liquidity will be locked with pinksale for a period of 12months. With this, holders can be rest assured they will always be able to trade their COVDR Tokens. 100 billion COVDR tokens will be burn in 2022 as stated and scheduled in our road map.

**Who Are the Founders of COVDR Token?**

Although it is not unusual to see anonymous teams/founders whose projects have done really well and stood the test of time such as Chef Nomi and 0xMaki who forked Sushiswap off from Uniswap, the anonymous Ryoshi of Shiba Inu, and even the Pseudo "Satoshi Nakamoto" behind the greatest invention of modern civilization "BITCOIN".

COVDR Token is a project founded and owned by COVREY SERVICES LIMITED, An Assest Management firm Incorporated in the UK (England and Wales) with set of dedicated team members spread across Australia, UK and Africa.

**What Makes COVDR Token Unique?**

COVDR is currently the first token providing multiple income stream for its holders and community.
COVDR employs a unique reflection mechanism that reward holders, and limit whales power. Every buy transaction carries a 5% fee of which 3% is allocated to holders, 1% to Liquidity and remaining 1% to Marketing. Sell transactions attract a 10% fee of which 7% is redistributed to holders, 2% to Liquidity and 1% to Marketing.
Our smart contract will automatically redistribute rewards to holders immediately a buy/sell transaction is consumated. There is no minimum token balance required of any holder to claim reward. 

Holders can earn passive income in form of monthly interest of up to 8.3% for simply holding their tokens.
Holders will receive interest in BUSD.

According to the Whitepaper, the COVDR project will venture into the Gaming-verse and NFT's in nearest future.

**How is the COVDR Network Secured??**

According to the Whitepaper, COVDR is a Bep-20 token based on the Binance Smart Chain, a proof-of-stake consensus mechanism.
COVDR token is independently audited by Tech Audit, ensuring it fulfills all necessary security requirements.
COVDR has secured a KYC Badge with Pinksale and Coinsnipper. 
COVDR has also secured a listing spot with Hotbit, Coinsbit and Azbit even before launching.

**Where can i Buy and Trade COVDR Token?**

COVDR token will launch on 11/03/2022
Presale will hold on 08/03/2022, investors will be able to participate in a public presale on Pinksale.finance.
COVDR token will be available for trading on Pancakeswap, Hotbit, Coinsbit and Azbit immediately after launch.

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