Everything you need to know about CoinShopp’s contract

Feb 27, 2022 | Sem categoria | 0 comments

As you’ve probably noticed, all blockchain platforms have a contract address. What does that mean, exactly?

CSHOP is inserted inside Binance Smart Chain (BSC), which means that all information about the token, such as name, abbreviation, and total supply is shown within it. That is the way decentralized finance (DeFi) grants transparency to all users.

General info

You can check our contract by clicking on this link. There, you can check all the transactions executed with CSHOP, such as swap through PancakeSwap, general transfers, etc.

CSHOP was developed in the BEP-20 standard, an “enhanced version” of Binance Smart Chain that allows faster and cheaper transactions.

contract
Contract

Here are the main characteristics of our token:

● Name: CoinShopp

● Abbreviation: CSHOP

● Decimals: 18

● Total supply: 100.000.000 CSHOP (something around 94 million tokens in circulation)

● Address: 0x7E946EE89A58691f0D21320ec8f684e29B890037

The address above makes sure that you’re using the correct token: do NOT import any other address sent by third parties! It could be a scam.

1*E9 h H7MPmV2 4aEkNi LA
Contract

Rates

Every time you do a transaction through CSHOP, there’s a 10% fee to help maintain our quality services. Here’s how things are divided:

5% Administrative Wallet

2% Developers

1% Burn

1% Holders

1% Liquidity Pool

The first rate is designated for maintenance, marketing, and platform development; the other one is to support our developers.

Every time you do a transaction, 1% of the tokens are burned, which reduces the total volume and helps create scarcity.

All purchases, sales, and transfers will automatically send 1% of the operation’s value between users that meet the rules of the smart contract. Another 1% will be converted to BNB (Binance Coin) to add even more value to the asset.

Contract

Conclusion

Smart contracts are here to make sure that you’re protected against scams and other fraudulent schemes. All information regarding our project can be seen with full transparency through BscScan.

Register now at CoinShopp!

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