Tokenomics

NO ICO , NO PRESALE , FAIR LAUNCH !

Information

• Token Name: Caramel

• Token Symbol: MEL

• Contract Address: 0x7D5bc7796fD62a9A27421198fc3c349B96cDD9Dc

• Chain: Binance Smart Chain (BEP20)

• Max Supply: Unlimited

• Reward per block Start: 10 MEL.

Transfer Tax

• Burn Rate: 2% of transfer tax will be burned immediately

• Total Transfer Tax Rate: 2% of every transfer

Transfer Tax Exchange

• Automatic Liquidity Rate: 0.03% of transfer tax will be added to the LP pool and locked.

• Total Transfer Tax Rate: 0.03% of every trade

Emission Rate

• Emission Distribution: Initial Farm/Pools get 9 MEL rewards per block. In addition, we may make adjustments to suit reality, to ensure a stable and increasing MEL price.

• 10 CARAMEL/ block

• 259.200 MEL/ day

Fees and BuyBack Burning

Caramel Finance collects a 5% deposit fee to periodically:

• 5% deposit fee will be charged at staking.

• 80% of the deposit fee will be used to BuyBack and burn Caramel.

• 20% of the deposit fee will be used as a dev & emergency fund.

Why Caramel Has No Hard Cap?

There's currently no hard cap on the supply of Caramel, making it a deflationary token.

Community members often point to this as a cause for concern, and while the dev team certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future.

Caramel primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

DEV WALLET: 0x06441a9094b6573311133FBA29A76AB515d0967C