UFO TOKEN

THE GAME CHANGER

UFO IS A NEW COMMUNITY-DRIVEN, DIGITAL ASSET BASED ON BINANCE SMART CHAIN, WITH A VERY PROMISING NEAR FUTURE !

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UFO TOKEN ?

A HYPER-DEFLATIONARY TOKEN WITH MASSIVE REFLECTIONS AND REWARDS THAT DELIVERS UNPRECEDENTED VALUE BACK TO IT’S COMMUNITY.

What is a deflationary token?

What does it mean when a token is deflationary?

A deflationary token is a type of cryptocurrency token that is designed to decrease in supply over time, which theoretically should lead to an increase in value. This is achieved by implementing a deflationary mechanism in the token's smart contract, which automatically reduces the token supply with each transaction or at set intervals.

One popular deflationary mechanism is a token burn, which involves sending a certain percentage of tokens to an unspendable address or "burning" them. This reduces the total token supply and increases the scarcity of the remaining tokens, which may lead to an increase in value. Another deflationary mechanism is transaction fees that are burned or sent to a charity wallet instead of being collected by the network validators.

Deflationary tokens are typically used as a store of value or investment, rather than as a means of crypto business wallet or utility token. However, it's important to note that while deflationary tokens may have the potential to increase in value, they also carry a higher risk due to their volatile nature and the lack of underlying assets or revenue-generating activities to support their value.

Crypto Deflationary Mechanisms

There are several deflationary mechanisms that can be implemented in a cryptocurrency's smart contract to reduce the token supply over time. Here are some of the most common ones:

  1. Token Burn: A token burn involves destroying a certain percentage of tokens by sending them to an unspendable address or a "black hole" wallet that cannot be accessed by anyone. This reduces the total token supply and increases the scarcity of the remaining tokens, which may lead to an increase in value.

  2. Buybacks and Burns: Some projects may choose to use some of their profits to buy back and burn their own tokens, which reduces the total supply and increases the value of the remaining tokens. This can also help to increase investor confidence in the project and its token.

  3. Transaction Fee Burning: Instead of collecting transaction fees for validating transactions on the blockchain, a portion of the fees can be burned or sent to a Aviator. This reduces the total supply of tokens and creates a deflationary effect.

  4. Proof of Burn: Proof of Burn is a consensus mechanism in which miners or validators must prove that they have burned a certain amount of tokens in order to participate in the network. This not only reduces the token supply but also helps to prevent spam and increase network security.

  5. Time-Based Decay: Some tokens may be designed to decay or lose value over time. For example, the value of some stablecoins may be designed to gradually decrease over time to incentivize users to redeem them for the underlying asset.

It's important to note that while deflationary mechanisms can help to increase the value of a token, they also carry risks and should be carefully evaluated before investing.

Deflationary token meaning

A deflationary token is a type of cryptocurrency that is designed to decrease in supply over time, ultimately leading to an increase in its value. This is achieved through the implementation of a tokenomics mechanism that includes features such as burning or locking up a percentage of tokens with each transaction, decreasing the total supply of the token.

The deflationary token model seeks to address the issue of inflation that can affect traditional fiat currencies and some cryptocurrencies. Inflation occurs when the supply of money or currency in circulation increases, leading to a decrease in its value. In contrast, deflationary tokens seek to increase their value by decreasing the total supply of tokens in circulation over time.

Deflationary tokens are popular among investors and traders looking for potentially high returns on investment, as the decreasing supply can drive up demand and prices. However, they can also be risky investments, as their value can be highly volatile and subject to market fluctuations. It is important to conduct thorough research and analysis before investing in any cryptocurrency, including deflationary tokens.

The top deflationary cryptocurrencies

Deflationary cryptocurrencies are those that have a fixed or decreasing supply, which means that the number of coins in circulation will gradually decrease over time. This can make them attractive to investors who believe that scarcity will drive up the value of the cryptocurrency in the long term. Here are some of the top deflationary cryptocurrencies:

  1. Bitcoin (BTC): Bitcoin has a fixed maximum supply of 21 million coins, and the supply is gradually decreasing as new coins are mined. This means that the inflation rate is decreasing over time, making Crypto Mining a deflationary currency.

  2. Ethereum (ETH): Ethereum does not have a fixed maximum supply like Bitcoin, but it does have a supply limit that is currently set at 18 million new coins per year. This means that the inflation rate of Ethereum is decreasing over time, which could make it a deflationary currency in the future.

  3. Binance Coin (BNB): Binance Coin is the native cryptocurrency of the Binance exchange, and it has a deflationary mechanism built into its design. Every quarter, Binance will use 20% of its profits to buy back and burn BNB coins, which reduces the total supply and increases the value of the remaining coins.

  4. Ripple (XRP): Ripple has a fixed maximum supply of 100 billion coins, and the company has pledged to hold 50 billion coins in escrow to control the supply. This means that the supply of XRP is decreasing over time, which could make it a deflationary currency.

  5. Cardano (ADA): Cardano has a fixed maximum supply of 45 billion coins, and the supply is gradually decreasing over time as new coins are minted. This means that the inflation rate is decreasing over time, making Cardano a deflationary currency.

It's important to note that while these cryptocurrencies have deflationary characteristics, their value is still subject to market fluctuations and other factors. As with any investment, it's important to do your own research and make informed decisions based on your own risk tolerance and financial goals.

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ufo pROTOCOL

UFO TOKEN EMPLOYS THREE SIMPLE FUNCTIONS : REFLECTION + BURN + LIQUIDITY POOL. IN EACH TRADE, THE TRANSACTION IS CHARGED A 15% FEE,WHICH IS SPLIT IN THREE WAYS.
PASSIVE REWARDS – 5% OF EACH TRANSACTION IS REDISTRIBUTED TO ALL EXISTING HOLDERS.
LIQUIDITY POOL – 5% OF EACH TRANSACTION WILL BE ADDED AUTOMATICALLY TO THE LP.
BURN – 5% OF EACH TRANSACTION WILL AUTOMATICALLY BE BURNED.

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STARPAPER (Temporary Whitepaper)

VERIFIED CONTRACT

OUR SMART CONTRACT IS VERIFIED WITH BSC SCAN AND THE SOURCE CODE IS PUBLIC. CONTRACT ADDRESS : 0xe44fc298cd819e90fbbea7f99013bf08ad54dc62

EASY TO BUY

UFO TOKEN IS AVAILABLE ON PANCAKE AND WILL BE LISTED IN ALL MAJOR EXHANGE SOON.

Listed on:

THE BIG BANG

THE “BIG BANG” THAT GAVE BIRTH TO OUR UFO “UNIVERSE” WAS TRIGGERED BY A GROUP OF SPACE RESEARCHERS AND AERONAUTICS STUDENTS.THEIR AIM IS TO PROMOTE AND RAISE AWARENESS ABOUT SPACE SCIENCES AND EXTRATERRESTRIAL LIFE RESEARCH.BEING CRYPTO ENTHUSIASTS AT THE SAME TIME,THEY HAD THE INITIAL IDEA OF CREATING A CRYPTOCURRENCY THAT WILL HELP TO FUND SOME VERY AMBITIOUS PROJECTS. NOW HAVING THE RIGHT cryptocurrency exchange, THEY UNITED FORCES WITH A TEAM OF PROGRAMMERS,ENGINEERS,DEVS,ETC. AT THE END,AFTER HAVE BEEN THOUGHT OUT CAREFULLY IN ORDER FOR EVERYONE TO BENEFIT,THEY DESIGNED THIS AMAZING PROJECT THAT AIMS TO REVOLUTIONIZE THE ENTIRE DIGITAL WORLD.

INTERSTELLAR

UFO AIM IS TO MAKE THE DEFI ECOSYSTEM A BETTER PLACE,BY BUILDING A PLATFORM THAT IS GOING TO MAKE IT WAY MORE SIMPLE,FAST AND SECURE TO TRADE TOKENS AND NFT’S ACROSS DIFFERENT BLOCKCHAINS.

SUPERNOVA

– IN OUR NFT MARKETPLACE, YOU WILL BE ABLE TO CREATE,USE, BUY OR SELL NFT’S AT EASE. A SINGLE CLICK MINTING AND VERY LOW FEES. SET A PRICE AND START EARNING,THE AUCTION WILL COME NEXT. UFO HOLDERS WILL EARN 1% IN REFLECTIONS AFTER EACH TRANSACTION.

– WITH OUR UNIQUE LIMITED-EDITION NFT COLLECTION, YOU WILL BE ABLE TO OWN AN ULTRA-RARE PIECE OF ART THAT INCREASES INDEFINITELY IN VALUE.THEY WILL ALSO UNLOCK SPECIAL ABILITIES THROUGHOUT THE UFO ECOSYSTEM.

GALACTICA

AN INFINITE ECOSYSTEM CONSISTING OF PLAY-TO-EARN GAMES, BREEDABLE IN-GAME NFT’S AND VIRTUAL LANDS THAT WILL CONTINUOUSLY REQUIRE UFO TOKENS.

COMING SOON

LAUNCH

– WEBSITE LAUNCH ✅

– PRESALE ✅

– DEPLOY CONTRACT AND LAUNCH ON PANCAKESWAP ✅

– SMART CONTRACT AUDIT ✅

– POOCOIN ADS ✅

– 1ST STAGE OF MARKETING CAMPAIGN ✅

OUTER SPACE

– WHITEPAPER 1.0 ✅

– FIRST INFLUENCER COLLABORATIONS ✅

– 2ND STAGE OF MARKETING CAMPAIGN ✅

– 5000 HOLDERS ✅

– 10M MARKET CAP ✅

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MILKY WAY

– CEX LISTINGS

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– “INTERSTELLAR” BETA RELEASE

– 50.000 HOLDERS

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– “SUPERNOVA” BETA RELEASE

INTERGALAXY

– HUGE MARKETING CAMPAIGN

– INTERSTELLAR LAUNCH

– 100.000 HOLDERS

– 500M MARKETCAP

– MAJOR EXCHANGES LISTINGS

– GALACTICA LAUNCH

– SUPERNOVA LAUNCH

 

NFT MARKETPLACE AND UFO SWAP DROP


FAQ:

WHAT IS THE BURN FEE?

EACH TRANSACTION A CERTAIN PERCENTAGE OF IT IS BURNED.

WHAT IS THE TRANSACTION TAX?

EACH TRANSACTION A CERTAIN PERCENTAGE OF IT IS TRANSFERRED TO THE TAX RECEIVING ADDRESS.

WHAT IS THE HOLDER REDISTRIBUTION?

EACH TRANSACTION A CERTAIN PERCENTAGE OF IT IS REDISTRIBUTED TO ALL HOLDERS PROPORTIONAL TO THE TOKENS THEY HOLD.


OUR TEAM

Andrew Gano

Marketing coordinator

Giselle Blair

Business Analyst

Rachel Venkataraman

Development Intern