FROG of WAR
The FROGS Token (FROGS) is a revolutionary ERC20 token built on the Flare Network, designed to incentivize holders and provide sustainable growth through a unique fee structure. The white paper outlines the design, features, and functionalities of the FROGS Token, including its transfer fees, holder distribution, and transaction limits.
FROGS Token White Paper
(FROGS) is a revolutionary ERC20 token built on the Flare Network, designed to incentivize holders and provide sustainable growth through a unique fee structure. This white paper outlines the design, features, and functionalities of the FROGS Token, including its transfer fees, holder distribution, and transaction limits.
Token Overview
- Name: Frog of War
- Symbol: FROGS
- Decimals: 18
- Initial Supply: 77,777,777,777 FROGS
- Total Supply: Fixed at initial supply
- Contract Address: 0x4f2b8518ebf12637302b396d19cddeae2e9e2eed
Key Features
- Transfer Fees: Each transaction incurs a 7% fee, distributed as follows:
- 1% Burn Fee: Permanently removes tokens from circulation.
- 1% Future Distribution Fee: Allocated to a future distribution wallet for NFT holder rewards.
- 2% Liquidity Fee: Directed to a liquidity wallet to enhance market liquidity.
- 3% Holder Distribution Fee: Distributed among all FROGS holders for every buy, sell or transfer.
- Buying Limit: Each transfer is subject to a maximum limit of 750,000,000 FROGS to prevent market manipulation and ensure fair distribution.
- Automatic Fee Distribution: The holder distribution fee is automatically calculated and added to each holder's balance during transactions, promoting long-term holding and reducing sell pressure.
Contract Details
Minting
The initial supply of 77,777,777,777 FROGS was minted to the deployer's address upon contract creation. No further tokens can be minted, ensuring a fixed supply.
Transfer Fees and Distribution
Each transaction (transfer and transferFrom) is subject to a 7% fee:
- Burn Fee: 1% of the transaction amount is sent to the burn wallet, reducing the total supply and increasing scarcity.
- Future Distribution Fee: 1% is sent to the future distribution wallet to be distributed to future NFT holders.
- Liquidity Fee: 2% is sent to the liquidity wallet to support the token’s market liquidity.
- Holder Distribution Fee: 3% is distributed among all token holders, proportional to their holdings for every buy, sell and transfer of FROGS.
Buying Limit
A modifier, checkBuyingLimit, ensures that no single transaction exceeds 750,000,000 FROGS. This limit applies only to individual transactions and does not consider the holder's total wallet balance.
Benefits
- Incentivized Holding: Holders are rewarded automatically with each transaction, promoting long-term holding.
- Deflationary Mechanism: The burn fee permanently reduces the total supply, increasing the value of remaining tokens.
- Sustainable Growth: The future distribution and liquidity fees ensure the project's sustainability and market stability.
Conclusion
The FROGS Token is designed to create a thriving ecosystem on the Flare Network by incentivizing holders and maintaining a deflationary supply. Through its innovative fee structure and transaction limits, FROGS aims to provide long-term value and sustainability for its community.
