Everything you need to know about CoinShopp’s contract
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As you’ve probably noticed, all blockchain platforms have a contract address. What does that mean, exactly?
CSHOP is inserted inside Binance Smart Chain (BSC), which means that all information about the token, such as name, abbreviation, and total supply is shown within it. That is the way decentralized finance (DeFi) grants transparency to all users.
General info
You can check our contract by clicking on this link. There, you can check all the transactions executed with CSHOP, such as swap through PancakeSwap, general transfers, etc.
CSHOP was developed in the BEP-20 standard, an “enhanced version” of Binance Smart Chain that allows faster and cheaper transactions.
Here are the main characteristics of our token:
● Name: CoinShopp
● Abbreviation: CSHOP
● Decimals: 18
● Total supply: 100.000.000 CSHOP (something around 94 million tokens in circulation)
● Address: 0x7E946EE89A58691f0D21320ec8f684e29B890037
The address above makes sure that you’re using the correct token: do NOT import any other address sent by third parties! It could be a scam.
Rates
Every time you do a transaction through CSHOP, there’s a 10% fee to help maintain our quality services. Here’s how things are divided:
5% Administrative Wallet
2% Developers
1% Burn
1% Holders
1% Liquidity Pool
The first rate is designated for maintenance, marketing, and platform development; the other one is to support our developers.
Every time you do a transaction, 1% of the tokens are burned, which reduces the total volume and helps create scarcity.
All purchases, sales, and transfers will automatically send 1% of the operation’s value between users that meet the rules of the smart contract. Another 1% will be converted to BNB (Binance Coin) to add even more value to the asset.
Conclusion
Smart contracts are here to make sure that you’re protected against scams and other fraudulent schemes. All information regarding our project can be seen with full transparency through BscScan.
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