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How does the redistribution system of PEPUCoin work?
By redistributing 2.5% of transaction fees among all PEPUCoin holders, PEPUCoin's redistribution system incentivizes holding and rewards active participation in the ecosystem.
Dec 15, 2024 at 01:10 pm
How Does the Redistribution System of PEPUCoin Work?
Introduction
PEPUCoin's redistribution system is a unique feature that incentivizes holding and rewards active participation in the PEPU ecosystem. By redistributing a portion of transaction fees among PEPUCoin holders, the system aims to create a sustainable and rewarding environment for the community.
PEPUCoin's Transaction Fee Redistribution
- Transaction Fee: Each PEPUCoin transaction incurs a small transaction fee, which is a standard practice in the blockchain industry and necessary to maintain the network's security and stability.
- Fee Distribution: A portion of the transaction fee, currently set at 2.5%, is automatically redistributed among all PEPUCoin holders.
- Dividend Calculation: The redistributed amount is calculated based on the number of PEPUCoins held by each wallet at the time of the transaction.
Steps for Participating in PEPUCoin Redistribution
- Acquire PEPUCoins: Purchase or acquire PEPUCoins through exchanges or reputable wallets. The redistribution system is available to all PEPUCoin holders.
- Store PEPUCoins in a Compatible Wallet: PEPUCoins can be stored in any ERC-20 compatible wallet, such as MetaMask, Trust Wallet, or hardware wallets like Ledger Nano.
- Hold PEPUCoins: Simply hold your PEPUCoins in the compatible wallet. No additional actions or staking requirements are necessary to participate in the redistribution.
Benefits of PEPUCoin Redistribution System
- Passive Income: Holders can earn a passive income simply by holding PEPUCoins in their wallet. The redistributed transaction fees provide additional rewards for participating in the ecosystem.
- Increased Liquidity: The redistribution system encourages long-term holding, which increases liquidity and market stability for PEPUCoin.
- Community Engagement: The redistribution system rewards those who actively participate in the PEPU ecosystem, fostering community growth and loyalty.
Additional Features
- Burn Mechanism: A portion of the transaction fee, currently set at 1.5%, is burned periodically. This mechanism reduces the overall supply of PEPUCoins, potentially increasing their value over time.
- Decentralization: The redistribution system is fully automated and operates independently, ensuring fairness and transparency in rewards distribution.
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