October 18, 2021

Coin Noble

Crypto Blog

What is LifeLine (LLT) | What is LifeLine token | What is LLT token

On this article, we’ll talk about details about the LifeLine mission and LLT token

LifeLine (LLT) constructed on Binance Smartchain  is a charity-oriented token for serving to youngsters’s hospitals and foundations with most cancers care, 5% of the provision is reserved for donations. 

Our Mission

Most cancers is a tragedy below any circumstances, however when it occurs to our youngsters the ache turns into unimaginable. The second that analysis is made, dad and mom and medical doctors start a determined race towards the clock with no approach of figuring out what the end result can be.

That’s the place LifeLine is available in. In an ideal world, you wouldn’t must deal with something aside from your youngster, however we at LLT comprehend it’s not that easy. In accordance with a 2019 examine, 2 out of three households expertise important monetary hardship with a view to present applicable care, which might embrace the price of touring to better-funded medical amenities.

Our mission is to make use of cryptocurrency as a strong new strategy to purchase and distribute donations the place they’re wanted most. We are able to envision a world the place each youngster is ready to obtain innovative, life-saving therapies with out the present financial repercussions. Now could be the time to start out making that dream a actuality.

LifeLine Token’s Options and Tokenomics

Charity-oriented token for a life-saving trigger. 10% of the preliminary token provide has been reserved. 5% can be invested into financing the mission (advertising, alternate listings, and different bills). The opposite 5% belongs to the charity pockets, which can be used for donations to youngsters’s hospitals for most cancers care.

As soon as the market cap hits $500,000 USD, donations will start. On the first Monday of each month, we’ll promote 10% of the tokens within the donation pockets, and donate the proceeds to a youngsters’s hospital for most cancers care. The primary donation will go to Alex’s Lemonade Stand Basis for Childhood Most cancers. Because the market cap grows over time, these 10% month-to-month donations will enhance.

The way it Works?

2% of the transaction charge can be burned, whereas the opposite 2% can be redistributed to all holders proportionately, primarily based on what number of $LLT tokens are in every pockets. This makes $LLT a deflationary and stakable token, benefiting traders and the charity pockets.

LP liquidity tokens to be burned after including it to PancakeSwap.

Each transaction has a four% charge.

Earn passive earnings only for holding $LLT tokens in your pockets.

No pockets can promote greater than 1% of $LLT’s complete circulating provide at a time. This was engineered to stop huge dumps and additional reinforce the soundness of the token.

Often Requested Questions

Is that this a rug pull / can this be rug pulled?

Briefly, it’s not a rug pull, and it can’t be rug pulled.

Once you add tokens after which add liquidity to these tokens, you obtain one thing referred to as an LP-Token, or Liquidity Supplier token, in alternate. This lets you take away the liquidity at any time, which is how rug pulls occur. With out the LP-tokens, you may’t take away the liquidity, which implies you may’t rug pull. The LLT staff despatched our LP-Tokens to a useless deal with to allow them to’t be accessed or recovered. This can be a methodology referred to as “burning liquidity”, and it helps guarantee the security and stability of a mission like ours.

Do you intend on $LLT getting used for quite a lot of functions, or will your principal focus keep on supporting charities?

Now we have thrilling plans for the long run, however we’re doing issues one step at a time to ensure we don’t sacrifice high quality for selection. We promise to maintain the group updated after we are able to make our first steps down a brand new path.

Regarding the massive pockets (Charity Pockets), what are you able to do to assist folks belief that it may’t be rug pulled? Will there be a lock in place?

Completely. We all know that there’s plenty of concern round this subject, and understandably so. Right now, you may verify the Charity Pockets transactions on BSC Scan, and as we transfer ahead we’ll make all donations as public as attainable so you may verify 100% of the cash we’ve raised goes to the chosen charities. We’re searching for a third-party pockets service supplier to handle the Charity Pockets by solely permitting month-to-month withdrawals of 10% or much less of the entire token quantity. Up to now all of the websites providing these providers appear sketchy, however we welcome you to achieve out with any concepts.

Are you able to inform us about how LLT plans to construction its token burns? We observed that 5% of the entire provide was burned in someday. Is that sustainable?

It completely is sustainable. To place it merely, LLT has a 2% burn on each transaction. We simply went via 5% of the provision as a result of we had such an unimaginable first day. To enter slightly extra depth, we began out LLT with a big amount of low-cost tokens. We felt like this was the best choice to make sure issues like accessibility to a variety of traders, however it additionally comes with its personal challenges. Once we balanced the professionals and cons, we determined that a 2% burn per transaction is a possible strategy to slowly lower token provide and enhance token worth over time. In observe, that is just like how Bitcoin has developed throughout its time in the marketplace. We estimate that our provide can be someplace round 100,000 tokens in six years. However as a result of LLT will be bought in portions as small as zero.00000001, even that received’t be a problem.

What units Lifeline other than different charity tokens?

We see a lot of different charity tokens who donate to animal shelters or environmental foundations, that are all crucial causes, however LifeLine is right here to alter the lives of youngsters with most cancers. To us, the distinction doesn’t should be defined past that

How and The place to Purchase LifeLine (LLT)?

LLT is now reside on the Binance mainnet. The token deal with for LLT is 0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2. Be cautious to not buy some other token with a wise contract totally different from this one (as this may be simply faked). We strongly advise to be vigilant and keep secure all through the launch. Don’t let the thrill get the most effective of you.

Simply make certain you have got sufficient BNB in your pockets to cowl the transaction charges.

Web site www.lifelinetoken.com

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