## What Is Moonshot (MOONSHOT)?

Moonshot is a deflationary, self-regenerating automatic liquidity providing protocol that pays out static rewards to holders. As our burn address is in the list of holders, the total supply of moonshot is forever decreasing.

4% of each transaction is distributed amongst Moonshot holders. This increases the incentive to hold the tokens in the wallets. When nobody is selling, the price could moon rocket. WallStreetBets won the fight against hedge funds. Just by buying and holding, as the key to success. Every single Moonshot holder has an incentive to spread the use of Moonshot as much as possible. As more transactions take place in the network, the net-worth of every individual increases as well.

6% of each transaction is automatically locked to the liquidity pool. This contributes to lower volatility and a continuously increasing price floor.

Moonshot is the native utility token that is used for:

* MoonBoxes (a platform for initial NFT offerings)
* MoonSea (an upcoming NFT marketplace)


## How Many MOONSHOT Coins Are There in Circulation?

MOONSHOT Protocol launched March 29, 2021 with 1 quadrillion MOONSHOT tokens created at genesis. The launch was celebrated with burning 30% of the total supply and the circulating supply is forever decreasing as a small part of the transacted amount is burned at every transfer.


## Related Pages:

Learn more about MoonBoxes[here](https://moonboxes.io/).

Learn more about Moonshot Token [here](https://project-moonshot.io/).

Follow our latest news [here](https://twitter.com/RS25Moonshot).


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