Network: BNB Chain (BSC)
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What is FLINCH ?
WHAT IS FLINCH T
Flinch (FLN) ”Flinch” Flinch is a community reward token built on the Binance Smart Chain. Flinch utilises game theory to bring an element of fun to trading whilst aiming to reduce some of the risks associated with new tokens. Its stability will be supported by a community of investors who understand and appreciate the tokens unique properties as they each aim to sell at their own ideal time. There is no minimum or maximum investement, and you can buy and sell at any point during the project so it is never too late to join. But don’t too soon!
The biggest problem for new tokens are wild fluctuations and a lack of stability. What if a new token could alleviate these and still offer the potential for maximum rewards?
We believe that we can achieve this using Flinch token’s unique reducing sales tax structure and token rewards program. It incentivises investors to hold longer by rewarding them with lower fees and greater dividends. Dividens are paid as Binance pegged BUSD.
Flinch token’s mechanism functions by leveraging a higher sales tax at the start of the project that diminishes over time allowing investors to choose their own ideal time to sell. On top of this a percentage of the purchase tax and sales tax for all transactions will be distributed amongst all current holders. Selling will commence from day 0 at a 50% sales tax rate, reducing 2% every 24 hours until on day 25 finally reaching 0%.
Flinch Sales tax will reduce every day at 7pm UTC.
Flinch has a static 8% purchase tax for each trade that will be split to help support the project: (40% will be added to the liquidity pool, 40% to the marketing and buy back wallet and 20% to be distributed amongst all investors currently holding Flinch tokens). Before the sales tax reduces to 0% it will be divided into the following denominations to further support the project: (40% added to the liquidity pool, 30% to marketing and buy back wallet, 20% to be distributed to investors and 10% to charity)
FLINCH ( FLN ) price today is $0.000000000002428. FLN price is down 0 % in the last 24 hours.
FLINCH has no news for the moment !
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