PRIZE WALLET: $3,653.24
What is L1S Token?
L1S token “Last 1 Standing” is a deflationary token designed to benefit the investor(s) that hold L1S tokens in their wallet, collecting as many as possible by 1/1/2030. A set 11% trade fee on each transaction is broken down into percentages to be dispersed into: liquidity pool, burned tokens, prize pool wallet, and expenses related to the continuity of the project.
Total Supply: Supply at Creation: 1,000,000,000 tokens
Pre-Sale: 1,000,000 tokens
Initial Marketing Supply: 100,000 tokens
Dev Team: 3% (1% per co-creator)
Owner Wallet: 0x48398603d493f1d6a1de428d95c0d3f3ba43b0d1
Prize Wallet: 0xc9f3f37c7ac6f3a86af5872c8a262ff1cb97e2fc
Dev Wallet: 0xcf406df62739f8e09febbea4beba4ba294fa3f9c
Dev 2 Wallet: 0xbcc142992f90a7e615a003e15681d0e70cce7738
Dev 3 Wallet: 0x7aab10aa957b49c34b2184f0231e9e65941aec98
Pre-sale will begin on 05/26/2021 at 9:00 a.m. EST. A total of 1,000,000 tokens will be sold throughout 10 phases in allocations of 100,000 tokens per phase. The token price will increase after each phase as shown below. 90% of initial funds will be used to provide liquidity on PancakeSwap, while 10% will be stored in the prize pool wallet. After the pre-sale is conducted the token will be listed on PancakeSwap to be traded. If pre-sale completion is not fully met, i.e. 10 phases are not completed, the token holders will have the option to vote to take the project to PancakeSwap prematurely via our telegram channel. https://t.me/L1S_token
200,000,000 tokens will be burned by the dev. team before going to market on PancakeSwap. The burn results in the reduction of the total number of tokens available for circulation, increasing scarcity and demand.
After the initial listing on PancakeSwap, all transactions will be subject to an 11% fee. This fee will be broken down by percentages into the following categories: 6% to provide liquidity, 3% automatically burned to reduced token supply, 1% to fund project related marketing expenses, and 1% will be converted into BUSD and stored away in the Prize Wallet. Corresponding figures for the prize pool and liquidity on the website will also be updated daily.
10% of pre-sale funds and 1% of all other transactions will be allocated to the Prize wallet after being converted into BUSD. This collection of BUSD coins will be sent to L1S holders based on their percentage of tokens owned on 1/1/2030. As the 3% burn rate will reduce the total supply of tokens it is possible for all tokens to be burned before that date in which the last holder would receive the prize pool.
On 1/1/2030 all remaining tokens in the owner wallet will be burned and the Prize Pool will be split among holders equating the same percentage of prize pool to amount of L1S tokens they hold. Example: If someone possess 10% of total tokens held by all holders then they will receive 10% of the prize pool.
The creators of the L1S projects are barred from purchasing tokens and/or being allowed to collect on the prize pool.
At certain milestones, the team will burn tokens which are listed below:
• 50,000,000 tokens at 1k holders
• 50,000,000 tokens at 5k holders
• 50,000,000 tokens at 10k holders
• More burns possible with a majority agreement among dev team or a majority agreement of community vote
An initial amount of 100,000 tokens will be used in promotional areas such as contests for content creation, sharing posts, or other activities. These contests will be conducted through Twitter, Telegram, Reddit, or Instagram. After launch on PancakeSwap an additional 1% of all transactions will be used for marketing purposes as well. These activities can be voted on in the telegram group.
Future of L1S
The future of L1S has many possibilities in store. Since this is a long term holding token we plan to incorporate utility that creates passive income for holders such as farming pools. We also plan to develop an L1S backed decentralized exchange as we grow with benefits for liquidity providers that provide L1S LP tokens.
L1S token was created to show that long-term holding can pay off and is designed to reward the holder or holders that stick around until the very last tokens have been burned. Long term investment can pay off in many areas and this token can teach that. The Last 1 Standing will make money, but we hope that all investors in this project are able to experience a positive return. This project was created by crypto enthusiasts with no intent to perform a rug pull or be viewed as a scam coin. To ensure a rug pull cannot happen liquidity will either be locked away or burned. L1S is and always will be a community involved project. If you as the holder would like to reach out for more information about L1S, that can simply be done by filling out the contact link on our website: www.l1stoken.com
L1S token and the creators are not financial advisors, and any information is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. We believe that investments of any type are high risk and investing in cryptocurrencies or project tokens involve risk of loss.