REFLECTIONS DONE RIGHT
Most reflection tokens forget the point of reflections is to give reflections; it's not to get listed on CEXs and have huge volumes that generate ZERO reflections; at FatCat we understand this.
We are going to bring things back to basics only listing on DEXs and creating an ever-growing volume floor to keep reflections purrrring.
Join us on this experimental reflection project, we think its going to be a blast, and our destination is the moooon or Elons mars colony
TOKENOMICS, LOW BUY/SELL 1.9% TAX!!
Part of our tax will go to users, and the other part will be used to fund the Fatcat Treasury. The treasury will invest in DeFi, and the rewards of these investments will be used to wash trade FatCat and create a price difference on 2 DEXs; this price difference will incentivise users to wash-trade in the opposite direction to close the price difference and make a small profit. Essentially doubling the volume we created with treasury funds. to consider is even if no one trades Fatcat token, the treasury will continue to trade FatCat forever with the ever-growing Defi returns, creating stable reflections forever....
Reflections are a powerful concept that short-sighted individuals have misused. Over the years, I have invested in many meme coins & shit coins that are frankly giving reflections a lousy name. Reflections to a burn address is such a powerful concept done correctly with outside buy pressure like the DeFi treasury system we devised, it could create the purrrfect storm, given enough time. With the system we have devised over time, the Defi fund will grow, as such, the amount it buys every day to start creating volume will also increase, and the total supply will shrink over time. So if you have constant buy pressure and shrinking supply, that should mean higher prices over time. Of course, nothing in life is for sure, but I believe this will work hence why I built this, and I humbly hope you all will join me on this adventure.
For now no fancy website, just the idea.
FatCat Manifesto, believe what we believe, and we will all win together.
We want to build a system that relies not on new buyers coming in to keep token prices rising but on a self-sufficient system
that continuously creates reflections regardless of new buyers/sellers also; it will be hyper deflationary.
Current Reflection Token Problems:
1) Most reflection/tokenimic shit coins rely on new users to pay out old users, which is basically how Ponzi schemes work, especially with high tax tokens like +10% per transaction, which means a trader needs a +20% move to break even, which is CRAZY. Hence nobody trades, and the shitcoin dies when the new user flow slows down and reflections become nonexistent.
2) Reflection tokens make the mistake of trying to get listed on major exchanges (CEXs) that don't support the reflection tax model.
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