LUNC Meme Token (LMT)
About: LUNC Meme Token (LMT) is a meme token built on the Terra Luna Classic Chain. Unlike typical meme tokens, which often lack utility, LMT aims to become the leading memecoin on the Terra Classic Chain. It will contribute to the ecosystem by burning Luna Classic chain tokens and integrating with the LUNC Warriors Project NFTs and tokens (LUNW, LWM). Additionally, LMT seeks to bring joy and engagement to the community.
Token Supply: The total supply of LMT is capped at 1 trillion tokens, with no additional minting ever. The distribution of these tokens will be outlined in our Tokenomics.
Development Reasons: As meme tokens gain popularity, we aim to transform this trend into a burning season for Terra Luna Classic ecosystem tokens. LMT will burn LUNW and LWM on a weekly basis to increase their value, positioning itself as the best meme token ever.
Airdrop: We will conduct an airdrop for NFT holders, new NFT minters, and other giveaways and competitions. 2% of our total token supply is reserved for these airdrops.
Staking NFT Rewards: LUNC Warriors NFT holders will be eligible for staking rewards, with 5% of the total LMT supply allocated for this purpose. By staking their NFTs, holders can earn LMT tokens as a passive income.
Circulating Supply: 80% of the LMT supply will be released into circulation, with the remaining 20% reserved for specific purposes outlined in our plan.
Team Tokens: 3% of the total supply is allocated to the team, with these tokens locked for one year post-launch. During this time, the team cannot access or sell these tokens.
Tax: A 4% tax will be applied to buy, sell, and liquidity withdrawal transactions. Of this, 2% will be used to buy back and burn LUNW tokens weekly, 1% will be allocated to LWM burns, and 1% will be sent to the team.
Farming: 5% of the supply will be allocated for farming LMT on Terraport. Users can provide liquidity and farm LMT by staking their LP tokens.
Staking: An additional 5% of the supply will be reserved for staking rewards on our platform, where users can stake their LMT and LWM tokens.
