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loge LunaDoge #
0.00 USD 0.00% 0.00
DAY RANGE
Circulating supply 0
Total supply 1,000T
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loge Price

Current Price 0.00 USD
Price Change 24H 0.00 USD
Price Change 24H 0.00%
Price Change 7D 0.00%
Price Change 14D 0.00%
Price Change 30D 0.00%
Price Change 60D 0.00%
Price Change 1Y 0.00%
Market Cap Change 24H 0
Market Cap Change 24H 0.00%
All time high (ATH) 0.00 USD
ATH Change -100.00%
ATH Date 2021, May 31

loge Markets

PancakeSwap (v2)
0XB99172949554E6C10C28C880EC0306D2A9D5C753/WBNB
Last price: 0.00 USD
Last price: 0.00 WBNB
Spread: 0.61%
24H Volume:
7.1 USD

* Anomaly - Trading price is an outlier against the average

** Inactive - No trades in the last 3 hours

LunaDoge

LunaDoge is a DeFi meme token inspired by Dogecoin and reflect.finance. Two functions occur during each trade: static rewards and automatic liquidity pool (""LP"") acquisition via transaction taxes. A 5% tax is applied to every trade for static rewards and a 5% tax is applied to every trade for automatic LP acquisition.

Static rewards are used to solve problems related to impermanent loss. The reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token. Furthermore, the mechanism encourages holders to hold onto their tokens to obtain rewards from every LOGE transaction. The static rewards are proportionally shared over all LOGE holders and dependent on the total tokens held.

Automatic LP acquisition is a function of the contract that is beneficial for holders as the LunaDoge contract applies a 5% tax to every transaction of which half is sold to BNB (the asset paired with LOGE in the liquidity pool) and then the equal share of BNB and LOGE is added to the LP, creating an ever-increasing floor for the liquidity pool. As the liquidity pool increases, the price stability increases as well. The purpose of the automatic LP acquisition is to prevent big price swings when top holders sell or new investors want to enter the tokens without having to worry too much about slippage. The automatic LP acquisition creates a long-term benefit for the token and solves the prior issues related to static rewards, where rewarding holders was only beneficial in the short-term.

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