JungleKong Token (KONG)
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Token Name: JungleKong
Token Symbol: KONG
Contract Address:
Chain: Binance Smart Chain (BEP20)
Max Supply: Limited to ~56k
Burn Rate: 95% of transfer tax will be burned automatically
Fee Rate: 5% transfer to treasury wallet
Total Transfer Tax Rate: 5% (set slippage min. 6%)
0.1 KONG/ block
stays for 10 days
afterwards rucing by 9% every 12h!
KONG is Hard capped! In the first 10 days there wont be any emission reduction, afterwards we are going to reduce the emission by 9% every 12h!
Due to Transfer-Tax, Buy-Back, Auto-Burn and Manual Burn, the supply of KONG will be reduced very strong!
By reducing the amount of JunleKong generated per block, we stabilizing the Price. There is an emission reduction, which is reducing the emission by 9% every 12 hours until 0.0/block is reached. The reduction will start after 10 days of emission with 0.1 Kong per Block. This mechanism combined with the transfer tax results in a long-term stable token price.
JunleKong has a 5% transfer tax in each transfer. 95% of it is burned directly and other 5% are 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.