Rum Token

Basic Information

• Token Name: Rum Token

• Token Symbol: RUM

• Contract Address: TBA

• Chain: Binance Smart Chain (BEP20)

• Max Supply: 50, 000

  • Initial Liquidity Provision: 500 (1%), price $15

  • Reward for Farming & Referral & Airdrop: 49,500 (99%)

• Farming start countdown: https://bscscan.com/block/countdown/8021000​

The initial liquidity will be broken down and immediately used for the buyback of RUM after the farming launched.

Transfer Tax

• Automatic Burn: 5% of transfer amount will be burned immediately.

Emission Rate

• Initial Emission Rate: 0.1 RUM/ block

• Minimum Emission Rate: 0.05 RUM/ block

• Reduction Interval: 12 hrs

• Reduction Rate: 20%

• 1.5% to the dev team to ensure essential growth of the project

We don't expect Emission Rate to drop too fast. Continued block rewards will encourage liquidity provision.

How RUM Supply Is Reduced?

1. Reducing Block Emission

By automatically reducing the amount of RUM generated per block, we achieved real deflation. But we don't want to do this too frequently, too fast, we still need to incentivize people to provide liquidity.

2. Transfer Tax Passive Burning

RUM now has a 5% transfer tax in each transfer and the tax will be burned automatically. This deflationary mechanism will help us to reduce the circulating supply of RUM which will release sell peruse a lot.

3. Upgraded Buyback Mechanism

We set up the Buyback fund through deposit fees. But different from other projects, we will not choose to complete all the buyback at the beginning of the project, which is not conducive to the maintenance of the price. We develop a detailed guideline to help us determine the number of buybacks per time.