BSC News

Rich Quack Deflationary Token: Facts and Myths

Here’s what you need to know about the anti-inflation BNB Chain token Rich Quack (QUACK).

The "Rich Quack" Deflationary Token

The RichQuack project has kicked off on the BNB Chain (BSC) network. It has announced its anti-inflationary role in the financial market to provide investors an opportunity to safeguard their assets against the falling economy.

With a fantastic community of over 245,000 Twitter followers and a telegram community of 65k, RichQuack has delineated its goals with its primary aim to make sure its investors are wealthy.

They are a community of people working diligently together to provide token holders with the opportunity to make money just by owning the currency. The firm also offers a launchpad and an incubation program that includes cash incentives to assist other ventures in getting their coins off the ground.

Source

RichQuack sidesteps the issue of inflation and currency depreciation by releasing an anti-inflation token that has a service charge of 12% already built into it and distributes it in the following manner:

  • 4% Tax To Reward Holders and Feed the Blackhole.
  • A tax of 8% on Auto-Generated Cash Flow

Fun Fact: Over 50% of all $QUACK is stuck in a black hole never to be seen again. @RichQuack #NEWS #crypto #CryptoNews #Cryptocurrencies #DeFihttps://t.co/khm17zBdJq

— BSC News (@BSCNews) July 28, 2022



From the 8% Auto-Liquidity Tax, the Liquidity Manager will:

  • Lock 50% of Auto Liquidity Generated to Team Finance (4%)
  • Remove 50% QUACK/BNB (4%) Liquidity Generated

Manually, between once every twenty-four and forty-eight hours, and then dividing it into:

  • 2% Tax for Marketing & Dev Wallet
  • 2% Tax for QUACKPump & Blackhole Wallet

With a strong structure and a supportive community behind the project, this deflationary token has more to expect.

What Is RichQuack:

RichQuack is a community-driven project which was founded to give the best returns for the community effort of its investors. The platform's utility includes a decentralized multi-chain launchpad, raffles, and lotteries for holders of the QUACK token.

The platform's QUACK token is hyper-deflationary and rewards long-term holders with a portion of the transaction tax and early access to IDOs.

Where to find RichQuack:

Website | Twitter | Telegram | Discord

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