What is LunaDoge
LunaDoge is a DeFi meme token inspired by Dogecoin and reflect.finance. Two functions occur during each trade: static rewards and automatic liquidity pool (""LP"") acquisition via transaction taxes. A 5% tax is applied to every trade for static rewards and a 5% tax is applied to every trade for automatic LP acquisition.
Static rewards are used to solve problems related to impermanent loss. The reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token. Furthermore, the mechanism encourages holders to hold onto their tokens to obtain rewards from every LOGE transaction. The static rewards are proportionally shared over all LOGE holders and dependent on the total tokens held.
Automatic LP acquisition is a function of the contract that is beneficial for holders as the LunaDoge contract applies a 5% tax to every transaction of which half is sold to BNB (the asset paired with LOGE in the liquidity pool) and then the equal share of BNB and LOGE is added to the LP, creating an ever-increasing floor for the liquidity pool. As the liquidity pool increases, the price stability increases as well. The purpose of the automatic LP acquisition is to prevent big price swings when top holders sell or new investors want to enter the tokens without having to worry too much about slippage. The automatic LP acquisition creates a long-term benefit for the token and solves the prior issues related to static rewards, where rewarding holders was only beneficial in the short-term.
LunaDoge vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, LOGE would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of LOGE might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including LOGE.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
