The BLASTAR Redistribution Algorithm
BLASTAR is a meme token that leverages the Pulsechain platform to provide faster transactions and rewards for holders. It introduces a purchase and sell tax of 5% to raise funds for project development and marketing. A portion of these taxes is redistributed to the community to ensure token sustainability and generate more value. The redistribution algorithm is designed to efficiently distribute taxes based on individuals’ pool holding amounts, with higher rewards for those who own more $BLAST. Holders can claim dividends in real-time, which are in the form of $PLS tokens.
Transparent and Secure
The BLASTAR team has implemented an in-house algorithm and a verified smart contract for transparency and security. Over 85% of the sell taxes are compensated to token holders, demonstrating the team’s commitment to rewarding their faith. The project’s token distribution formula ensures tokens belong to actual individuals, preventing malicious ownership.
BLASTAR’s Decentralized Governance Structure
BLASTAR follows a team-led and community-oriented model, making decisions together with the input of community members. They aim to become a completely decentralized system in the future and are actively working towards restructuring the tax system and increasing community involvement. Token holders will have the opportunity to vote on tax fees and become integral parts of the project.
Achievements and Roadmap
BLASTAR has gained recognition through interviews and shows, such as Corey Costa Crypto Coins and The Verse. They have distributed over $550k in dividends to token holders and are currently the fastest-growing project on Pulsechain. The team plans to launch a fiat onramp/offramp system for Pulsechain and undertake various technical and developmental projects.
Hot Take: BLASTAR Revolutionizes Token Redistribution and Governance
With its efficient redistribution algorithm and community-oriented governance structure, BLASTAR is making significant strides in the crypto space. By rewarding token holders and offering opportunities for passive income, the project aims to create a sustainable ecosystem. Through its innovative approach and commitment to transparency, BLASTAR is revolutionizing the way taxes and tokens are redistributed in the industry. With impressive achievements and an ambitious roadmap ahead, BLASTAR is poised to make a lasting impact in the world of crypto.
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