JUNGLE Token (JUNGLE)

Basic Information

• Token Name: JUNGLE Token

• Token Symbol: JUNGLE

• Contract Address: 0x5afFcD905fBDc00Cbee9c8D78BBbD256b0344d3b

• Chain: Binance Smart Chain (BEP20)

• Max Supply: Limited

Transfer Tax

• Burn Rate: 90% of transfer tax will be burned immediately

• Fee Rate: 10% transfer to treasury wallet

• Total Transfer Tax Rate: 5% (set slippage min. 6%)

Emission Rate

• 1 JUNGLE / block

• ~ 12.318 JUNGLE on the first day (4x 5% emission reductions per day)

Max Supply of JUNGLE: ~156000

JUNGLE is Hard capped! (After 23 days, 546h less than 0,01 JUNGLE per Block are minted!)

Supply CAN'T ever be higher than ~156000Tokens! (reached after 60 days)

Due to Transfer-Tax, Buy-Back, Auto-Burn and Manual Burn, the supply of JUNGLE will be reduced very strong!

JungleSwap's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

How JungleSwap Supply Is Reduced?

1. Reducing Block Emission

By reducing the amount of JungleSwap generated per block, we slow the inflation. There is an emission reduction, which is reducing the emission by 5% every 6 hours until 0.0/block is reached. This mechanism combined with the transfer tax results in a long-term stable token price.

2. Transfer Tax

JungleSwap now has a 5% transfer tax in each transfer. 4.5 % is burned directly and the rest 0.5% is sent to the treasury wallet. This deflationary mechanism will help us to reduce the circulating supply of JUNGLE which will reduce the sell pressure a lot.