Global Care Token was created to care for people and the future. It is defined as an NGO token as its purpose is a network of NGO (Non-Governmental Organizations) and NGODs (non-governmental organizations for development).
Key features of Global Care Token
Global Care Token - a network that connects organizations from various fields, national, international and local, supporting their actions. The Global CareToken (GLCare) supports the development and operation of the mission of people through transaction fees, encoded in a smart contract. Currently, the contract uses: static rewards, charity, liquidity pooling and marketing/development. The total current transaction tax is 12%.
The contract includes:
| 1. | static rewards. |
| 2. | charity. |
| 3. | liquidity pooling and marketing. |
Global Care encourages custody by reducing the total supply of tokens over time, while creating increased demand for utility tokens through the development of highly functional and incentive donations, as well as forming partnerships to promote wider adoption.
GLCare holders are currently earning additional utility tokens. Whenever tokens are moved from one wallet to another, 5% percent of the transaction amount is taxed and distributed among each holder. These earned rewards are directly credited to holders' wallets without any setup or additional process. Higher transaction volume increases static rewards for owners and charities.
The owners and team will choose the distribution of donations among the various charities as agreed. The team ensures that charities are transparent and efficient in their work.
More about the dapp on BNB Chain
To reduce excessive volatility, a 1% fee is automatically added to the liquidity pool. Automatic Liquidity is a built-in feature that creates a headroom or price floor to manage volatility and falling prices.
Developers strive for transparency and security of the protocol in its development. The site has a portfolio of contract developers. Developer tokens are locked for a predetermined period of time and will be unlocked, according to the time horizon and milestones, set in the RoadMap.