At microcosm, want to help further technological advances in disaster prevention and help develop sustainable habitats in inhospitable environments. The aim to help fund innovation to achieve those goals.
Microcosm is a deflationary DeFi token that takes a 9% tax from each buy and sell.
This tax acts to benefit the project as a whole by putting 2% in the liquidity pool for a stable price floor, 2% proportionally reflected to all holders of Microcosm in Ethereum and 5% added to a house wallet to ensure that the project is able to succeed in the long term.
The main purpose of the tax is to incentivise large token holders from buying and selling quickly and damaging the price. This almost always effects the small token holders and we want a fair coin for all.
The main focus of a presale and launch is to create a level playing field for all involved.
The presale will be hosted on the Pinksale platform with a soft/hard cap of 60/100 BNB respectively and a maximum contribution of 5 BNB, 90% of the liquidity from the PreSale will be added to the PancakeSwap liquidity pool and locked for 6 month lo initially but this will be relocked every 6 months.
We purposefully chose to not hold separate large dev token wallets that could easily manipulate the price or rug pull, so people can have confidence in the project going forward.
Part of the core logic of the Microcosm contract is an automatic liquidity pool algorithm. 2% of each buy and sell is accumulated and then added to the PancakeSwap liquidity pool. One of the core aims is to reduce the price impact when larger wallets decide to sell their tokens at any point in time.
Having this algorithm in place, in theory, helps reduce the large price fluctuations that can be seen in other tokens. In short, the tokens and BNB added to the liquidity pool creates stability and an increased price floor.
Due to the nature of 2% of each transaction being passed on to Microcosm holders this has the side effect of causing the token to be deflationary. The largest “holder” is a dead wallet where the largest portion of the initial supply is burned. Since this wallet is not excluded from reflections, a proportion is added to the burn wallet thus decreasing the circulating supply slowly over time.
The tokens in the dead wallet are completely inaccessible and are effectively burned. A benefit to Microcosm holders is that lowering the circulating supply, when demand is high enough, can increase the price of the token over time. Deflation of the circulating supply happens at a safe rate and in short promotes growth.
The increase of natural disasters; wildfires, flooding and earthquakes are devastating on a biblical scale. Our goal is to support innovative companies that are designing sustainable technologies to help in not only disaster relief but provided early warnings to those who will be most affected and reduce loss of life.
The other side of the coin shows us a new opportunity. With recent developments of SpaceX, Blue Origin and Virgin Galactic; space travel is no longer a distance dream. The rejuvination of the space race has raised the awareness for the ability to live off-world. We are looking for companies that are designing sustainable ecosystems to support life off-world and in usually inhospitable environments.
0x80B2e996d6E09B26831f3087126b3908512d1B3C
Details to be released
Details to be released
In order to ensure safety for investors, we have removed all “honeypot” functions. This means there will be no way to pause buys or sells, increase the tax price, increase the liquidity % or remove liquidity altogether. We feel this should be the fairest opportunity for all the investors to make money. All tokens that were not were not transferred through Pinksale either by PreSale or the liquidity pool will be burned.