Tokenomics

Token Max Supply: 1,000,000,000,000

Initial Supply: 1,000,000,000,000

Max Transaction: 0.5% of token (Anti whale dump)

Max Wallet: 1% of the token (Anti whale)

TAX: Identical for both buys and sells (we do not want to trap you to hold). You will hold it because you love the project and see the potential.

Buy & Sell TAX: 10% Total

2% Marketing

2% Project Development

2% Team Salary

2% AUTO LP

2% Reflection back to holder as native coin*

*Because how the reflection system works, 2% reflected token sent to large holder will crazy high. Until we reach 500 holders, we will keep reflection tax to 1%.

Tax reduction: To reward early holders more and to kickstart project marketing and development, initially the tax will be highest but we will reduced it as MC grows:

At launch: Tax is 10%

1 Million MC: Tax will be 9%

20 Million MC: Tax will be 8%

100 Million MC: Tax will be 7%

500 Million MC: Tax will be 6%

1 Billon MC: Tax will be 5% and this will be fixed perpetually.

Deflationary pressure:

Even our initial and max supply is fixed, CHEEMS X token is deflationary from 3 different sources:

1. Auto LP: It will add new token into the LP contract, providing a indirect deflationary pressure.

2. DEAD wallet: It will continue to receive reflections, creating a deflationary pressure.

3. LPDriver: It will be the last but most powerful deflationary pressure as outlined in "smart contract" section.

So CHEEMS X has a deflationary mechanism that is better than simple Burn Based deflationary models.