bons
Friday, March 29, 2024
7bit top banner
You Are Here: Coinworldstory » Coinworldstory Latest Article » CryptoCurrencies » What Is One Pearl? Complete Guide & Review About One Pearl

What Is One Pearl? Complete Guide & Review About One Pearl

by Cws Team
Published: Last Updated on
A+A-
Reset
What Is One Pearl? Complete Guide & Review About One Pearl

What Is One Pearl?

The One Pearl token is a mystery token following an anonymous developer as he reveals clues through Ethereum transactions sent from the developer wallet. This journey has led the community through years of Bitcoin transactions, the mystery of the 21e8 block, and across social media platforms in search of the developer’s identity and the purpose of the token. The Liquidity Pool itself is locked until the year 2140. This assures that the developer will not benefit from retrieving the LP as it will not unlock for 118 years.

One Pearl Storage Key Points

Coin BasicInformation
Coin NameOne Pearl
Short Name (Δ)
Circulating Supply 10,000.11B (Δ)
Max Supply10,000,111,100,999
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Price Live Data

The live One Pearl price today is $3.37e-7 USD with a 24-hour trading volume of $4,698,945 USD. They update to USD price in real-time. This is down 59.18% in the last 24 hours. The current CoinMarketCap ranking is #2850, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,111,100,999 (Δ) coins.

If you would like to know where to buy One Pearl at the current rate, the top cryptocurrency exchange for trading in One Pearl stock is currently Uniswap (V2). You can find others listed on crypto exchanges page.

The Token

The token has a 4% Liquidity Pool tax on both buys and sells, this tax is periodically used to create new LP tokens which are sent to a burn address. The Liquidity Pool itself is locked until the year 2140. This assures that the developer will not benefit from retrieving the LP as it will not unlock for 118 years. The significance of the year 2140 is that it is the presumed last year that Bitcoin will be mined. The community stands with the networking of the token.

One Pearl

The One Pearl token is a mystery token following an anonymous developer as he reveals clues through Ethereum transactions sent from the developer wallet.

Bitcoin Transactions

This journey has led the community through years of Bitcoin transactions, the mystery of the 21e8 block, and across social media platforms in search of the developer’s identity and the purpose of the token. The token has a 4% Liquidity Pool tax on both buys and sells, this tax is periodically used to create new LP tokens which are sent to a burn address.

The Liquidity Pool itself is locked until the year 2140. This assures that the developer will not benefit from retrieving the LP as it will not unlock for 118 years. The significance of the year 2140 is that it is the presumed last year that Bitcoin will be mined. Contract ownership has been transferred to a burn address, and the developer controls less than 4.5% of the token supply.

How is the 4% tax used?

The entire tax is used to create new LP tokens, these tokens are not added to the locked LP, but instead are sent to a burn address.

What does this mean?

It means that these liquidity tokens that are created by the contract from the tax can never be withdrawn. So even when the locked LP unlocks in 118 years, there will still be the tax LP that never unlocks.

What is a liquidity token?

A liquidity token is a fungible ERC 20 token that represents equal parts WETH + One pearl token.

When does the contract create new LP tokens?

Once the contract has acquired a certain threshold of tokens via tax (5,000,055,550.5 One Pearl) it bundles it into the next Uniswap transaction.

At the time of this post 4,270,830 LP tokens have been burned, versus the 5,902,542 LP tokens that were originally locked by the contract developer.

These amounts are additive, so now Liquidity pool contains a total of 10,173,372 LP tokens, meaning our LP has almost doubled in strength in less than 10 days.

To be clear “burning” LP tokens does not destroy them. It simply makes it so they are locked forever and cannot be withdrawn by any party. It is very similar to how the developer transferred ownership to the same dead address, only the “ownership” was burned.

Some of you may be wondering why those numbers look so small in comparison to the total supply. LP tokens are not 1 to 1 with the tokens used to create them, they are only representative of the total amount of tokens contained within the pool.

You may also like

coinworldstory logo

Coinworldstory Provide Crypto Review Including – Blockchain , Bitcoin , DEFI All About NFT &, Gaming , Cloud Mining ,Exchange , ICO, Ai , Crypto News All In One Place 

nexo 300x250

All Right Reserved. Designed and Developed by CWS TEAM 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More