Reflection Token
Last updated
Last updated
Reflection Token is a new type of tokens. Lead by SAFEMOON, reflection tokens are trending at the time, for its reflection mechanism and ever-growing liquidity trait.
The features of Reflection token are as follows:
Transaction tax imposed to redistribute yield and generate liquidity
Customize fees taken to reward holders
Customize fees allocated to liquidity pool
Whitelist feature
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Connect your wallet and Click "CREATE NOW"
Fill out the token parameters, just like what is required to create a standard token.
For decimal setting of reflection tokens and its kind, normally the total supply is large (in trillions), therefore it is recommended to set the decimal at 9
For reflections tokens, there is "transaction tax" for every transfer of reflection tokens, therefore creators of such kind tokens are required to set up the % for how the transaction tax is distributed/redistributed.
Transaction tax = holders reward + liquidity generation + Team (Marketing)
The intepretations are as follows:
Transaction fee in % to reward holders: A portion of each transaction volume used to be redistributed to all token holders according to their balances.
Transaction fee in % to liquidity pool: A portion of each transaction volume used to be added to liquidity pool.
Transaction fee in % to team (Optional): A portion of each transaction volume goes to team wallet.
It is not obligatory to have a team distribution, it is optional.
Anti-whale limit is another good feature to protect your individual investors from big whales dumping on the token price, providing a relatively stable price level.
In the Anti-whale limit section, put the max number of tokens for each transfer allowed. A good indictor of such limit is 0.1% of the total supply.
Submit your setting and confirm and your own token is set up good!
Here is a templete:
