Santa Coin

Disember 05, 2021

Santa Coin is a project that aims to develop a series of services and products that allow its users to receive gifts in the form of BUSD,

The cryptocurrency industry is booming - almost anyone can attest to it. In this regard, new innovations are emerging such as set aside funds (DeFi), no longer misleading tokens (NFT), and memecoin.

In particular, memecoin is famous for Elon Musk's love of Dogecoin (DOGE). This led to the emergence of other memecoins such as Safemoon, Shiba Inu (SHIB), and many others.

Because of that, Santa Coin, another meme coin, is also trying to keep up with the competition. Currently, Santa Coin is said to be the latest plant production token that gives a BUSD award to its owner. In addition, it introduces a new level of DeFi tokenomics and a game -changing token distribution strategy. Here, all purchases/sales through Santa Coin can be tax deductible and used to fund advanced solutions such as automated purchases and manual purchases as well as to increase revenue on the exchange. Therefore, these elements, combined with experienced developers and influencers in the crypto space, will strengthen Santa Coin and drive it to long-term growth and development.

Currently, Santa is entering the crypto industry. This aims to reward those who will shake hands with BUSD - which means, if you use HODL Santa Coin, you will receive a USD gift.

On November 4, SANTA paid more than $ 1.7 million to token executives in the first 6 days - to view live prize distribution statistics, visit https://app.santacoin.cash/ .
Santa Coin has unique features such as an 8% redistribution to BUSD. This means that 8% of all trading activity will be automatically redistributed to all token holders. That is, owners do not need to claim their gift as BUSD because the gift will be automatically sent to their wallet according to their Santa Coin hosting. In short, users will be able to earn a steady income through BUSD.

How does it work

Let's get straight to the part you want to know: how can I get BUSD through holding SANTA? The flow is quite simple. If you are familiar with Binance Pegged BNB, then most likely you are also familiar with the idea of "reflection tokens" or "stable coins". Santa Coin is basically what it's called.

This is a sign of reflection. However, unlike others that have come before, Santa Coin provides more than just Bitcoin’s reflective value. Reflective values do not allow for any additional benefits in the program as promised by Santa Coin (described below).

As long as you hold SANTA, you will earn an amount of BUSD proportional to the percentage of the total supply of BUSD owned by SANTA holders. This means that if 10% of the outstanding SANTA is held by people, then 10% of the total supply of BUSD will also be obtained by all these holders.

Another important feature is the 3%repurchase reserve strategy. Here, the tokens collected from these funds are converted into BNB, locked and stored in the Santa Coin Contract. Note, however, that the project has two different back-end schemes: Moonshot Buyback where large purchases are sent periodically and generate a large green candle on the chart and AutoBoost Buyback where small purchases occur to prevent premature sellers. Everything creates the right heat and ensures that the price for each token will go up each time a return is activated.

The next is 2% of automatic liquidity. The team explains that 2% of all transactions (via Santa Coin) are sent to PancakeSwap for cash. Here, smart project contracts put 3% on all purchases / sales such as SANTA and BNB in revenue. At the same time, 1% of all activities are allocated to encouraging projects in the ecosystem and rewarding active communities.
Finally, he has a whaling machine. Here, a 1% surcharge is applied to all sales. The move aims to limit the swing trade and reduce whale exploitation. In addition, smart contracts will also ensure that no sale of more than 0.2% of the outstanding assets will be recorded and performed simultaneously.
In addition, with the special Santa Coin app, users will be able to see how many BUSD indicators they already have. Although prizes are still distributed automatically, Santa Coin will still allow the owner to claim BUSD and receive the prize directly.

By using carefully designed Santa Coin tokenomics, it is possible to support market fluctuations sooner or later. The team stated that at launch, 5% of the total token shipments were burned, another 1% was purchased at BuyBack, another 42% was reserved for pre-sales and liquidity at PancakeSwap, and the remaining 8% would be saved and donated. team and marketing.
In addition, PancakeSwap funds will be locked in throughout the year - that is, the initial payment cannot be withdrawn from trades even by the group. Looking back, this will convince investors that they can quickly sell what they hold for the desired profit.

In addition, Santa Coin is building an ecosystem around the SANTA F1 racing game. Reports say the Santa F1 racing game is working and will create a new paradigm for digital identity and gaming. Thanks to the blockchain, SANTA NFT will allow players to enjoy the gaming ecosystem to gain an advantage when skills are rewarded with real value prizes. In detail, the assets in the game Santa F1 can have everything, sold and sold by the player. At the same time, this can also be used in the game itself - to empower players to play their best.

In the last 24 hours, SANTA has grown 390% and currently has an estimated market value of $ 48 million, according to data from Coinecko. The same token called Evergrow Coin peaked at more than 1.2 billion market trades in 30 days. As Christmas approaches, Santa Coin can become a parabola as more gifts are distributed to owners.
You can follow Santa's social media project: