Anti Whales
Last updated
Last updated
Along with the auto-generating liquidity protocol, we have added an Anti-Whale feature.
We have seen many SafeMoon holders suffered the big dumps from the whales. For eg: NCAT price dropped 4 times in just hours because a whale dumped and took nearly 500 BNB from the pool (and SAFEMOON case was 1771 BNB), the images below are one of the dumps.
So transactions (sell/buy and wallet transfer) that trade more than 0.01% of the total supply will be rejected. This will protect price movement as well.
This feature prevents pump-dump-exit whales because they can destroy the project.
Furthermore, whales who make a transfer (between 2 wallets) that is larger than 0.01% of the total supply will be charged for 2 BNB. These 2 BNBs go straight to the BNB reward pool in the Earn BNB feature.
Disruptive Transfer If whales want to make a transfer (between 2 wallets) that is larger than 0.01% of the total supply, they can use the Disruptive Transfer feature: the transfer will be charged for 2 BNB (taxed 10%.)