Jan 7, 2022 | Business
Currently, the everyday financial transactions rely upon a trusted third party to maintain a record of transactions. For example, when you do a bank transaction, the banking system keeps a record & guarantees that the transaction is safe & reliable.
Royal Corgi Index smart contract is open-source, permanent and non-modifiable. While the creators do own a GOLD BOND in excess of 300 ML $ that is secured for the sole purpose of this project, Royal Corgi Index token is strictly a utility token in all jurisdictions and is not and cannot be considered to be a “security” or otherwise regulated token of any kind.
Royal Corgi Index is a decentralized and community driven project and does not have owners, shareholders, promoters, marketers, managers, directors or other figures or entities exerting any form of governance.
Whitepaper, on the Website or within the app is intended only as a basic reference, without any elective or legal meaning of the same terms in a regulated and/or financial environment.
Transaction fees :
Compared to other cryptocurrencies like Bitcoin and Ethereum, Royal Corgi Index transaction fees are only a few cents.
Royal Corgi Index Economic Model: Balancing Scarcity and Access
Royal Corgi Index economic model design requirements:
Simple: Build an intuitive and transparent model
Fair Distribution: Give everyone access to Royal Corgi Index
Scarcity: Create a sense of scarcity to sustain Royal Corgi Index price over time
71% of the supply has been burned and Royal Corgi Index team is committed to burn 10 trillion tokens every month until the total distribution locks at 100 trillion Tokens.
Royal Corgi Index liquidity has been locked for 5 years with Mudra Locker.
Mudra offers exciting products for BSC token investors and allows early Investors to research a newly launched token before investing.
Royal Corgi Index – Token Supply
– Total Max Supply = 1000 Tn ROI
– Burned Supply = 710 Tn ROI
– Circulating Supply = 290 Tn ROI
Royal Corgi Index – Tokenomics
1: Reflections
4.5% is Redistributed to all existing holders
2: LP Acquisition
4% is added to liquidity
3: Growth Fund
1.5% is added to the Royal Corgi Index Ecosystem Growth Fund
Jul 26, 2021 | Business
London, UK, 25 July 2021, ZEXPRWIRE, Charity-focused meme coin honoring Queen Elizabeth’s corgis sets sights on the Ethereum dividend market with an exciting offering on the Fair Token Project.
Crypto lovers looking for passive income opportunities are in for an exciting time. This follows the announcement by Royal Corgi that it would be launching its token in cooperation with the Fair Token Project (FTP) on July 28.
The dog-themed token will trade under the $ROYALC symbol. It is an ERC 20 token honouring Her Majesty The Queen’s beloved royal corgis. Additionally, it has a strong leaning towards charitable causes.
Uniswap Fair Launch
In a departure from tradition, $ROYALC won’t hold a presale. Rather, it will hold a fair launch allowing interested investors equal opportunity to acquire the token. Additionally, it will allocate 100% of its coins to the liquidity pool.
Investors can acquire $ROYALC from Uniswap soon. Since FTP will be deploying the contract, you will draw a passive income in Ethereum (ETH) by Hodling the token. Look out for the ETH contract, pricing, and information regarding its listing on other exchanges from the project’s website Twitter handle and Telegram accounts.
Eying The $40 Billion Ethereum Staking Market
Royal Corgi enters the Defi investments sector at a time when Ethereum Stacking is on the rise. A JP Morgan report projects that the sector will hit the $40 billion mark by 2025 buoyed by the adoption of the Ethereum 2.0 protocol. So the project is setting up to enable its investors to take advantage of the sector’s expected growth.
$ROYALC draws motivation from the need to do something different. Part of the token’s whitepaper states, “It all started because a royal corgi wanted to say [email protected]$k you to protocol. $ROYALC is now tired of the duties his rank requires of him.”
Supporting Charities
It goes on to state, “However $ROYALC doesn’t want to incur the wrath of his queen. That’s why he decided to respect royal protocol by donating part of the funds that his success will bring him to the Firm’s favourite charities.”
The first charities to benefit from $ROYAL’s success are PETA and another one run by the Duke of Sussex. The former fights for the protection and defence of animals while the latter supports the fighters of INVICTUS GAMES.
Why the Fair Token Project?
It is telling that $ROYALC chose the FTP to be its partner. FTP has distinguished itself as the premier platform offering Contracts Against Automated Trading; a system that protects investors from the disadvantages of trading bots.
The platform’s Project Diamond ecosystem of which $ROYALC will be a part is setting records in Ethereum Redistribution. In the last 5 days for instance it has paid over $1 million in dividends to holders of $DIMAND, $CMERGE, and $DogeReloaded.
Investors will benefit from FTP’s anti Bot/Snipe protection. Moreover, the project guarantees them that FTP will code and audit their smart contract. Besides, they can look forward to a year’s lock of liquidity on Unicrypt.
$ROYALC Tokenomics
$ROYAL will mint a total of 1 Quadrillion coins. Since it won’t allocate any to the team, development, and marketing, investors have a rich pot to pick from. The project will levy a tax of 15% on all transactions which it will use to fund its rewards.
It will adopt a three-tier reward system. It will allocate 8% of all transaction charges to ETH stakers as dividends. This is to incentivize them to keep holding the token. An additional 5% of the transaction costs will go to the development team in recognition of their efforts to develop and promote the project. Finally, 2% of that tax will go towards supporting charitable causes.
About Royal Corgi
Seeking information about the project? Check out their website, Twitter handle, and Telegram channel. You can also study their whitepaper for an in-depth understanding of the project.
