The BLVT token is our BEP-20 deflationary token on Binance smart chain (BSC). BSC has started to become one of the most widely used blockchains for decentralised finance (Defi). Because of this deflationary nature of the token, the stability of our token is increased and steady growth in value of each token is guaranteed.
A max supply of 3 billion tokens was initially created and we decided to use the already proven functional structure with Burn in each trade. This contract structure has been proven to work well both to reduce potential dumps but also to be sufficiently rewarding to holders. A 12% tax will be applied to all buy & sell action of the BLVT token which will be distributed as outlined below.
This buy back accumulation of our token is used to protect the price in heavy sell off periods where deemed fit by the developers of this token.
1% BV -Vest
To support the liquidity in the vesting pool, 1% tax from all buy and sell transaction is moved to vesting pool.
3 % Development
This tax is to support and develop our products and continue to offer our holders and investors with developments, products and services in the future.
All buy-sell transactions get charged another 2% fee for marketing which helps Blocvault to grow our community.
3% HOLDR Rewards
As similar to dividends in the stock market a 3% fee charged on all buy-sell transactions allows the reward balance to accumulate and gets distributed to all HOLDRs.
2% Automatic Liquidity
As the liquidity pool for Blocvault grows, so does its liquidity and its hedge against price fluctuations. Equipped with a 2% transaction fee on all buy-sell transactions, the pool for Blocvault can always keep growing.