It’s in the Name!
Parabolic Token has been carefully designed to achieve a single purpose – GOING PARABOLIC! Our super addictive game and tokenomics will benefit the coin and consistently take it to new heights. Our game will be released in November, so don’t miss your chance to get in early!
There are NO team tokens and NO ridiculously high taxes! Every single penny of tax collected gets pumped straight back into the project. Please read through our website to find out more, or join our telegram and ask any questions you may have.
How does it work?
We charge a small 12% tax on each transaction that takes place. We distribute those taxes in the following ways…
3% - Unique Buy Back
Unlike most other coins that simply buy back tokens and send them to a dead wallet, we will buy back the tokens and automatically pair them with multiple liquidity pairs. This will increase the floor price of the coin and generate a higher transaction volume to keep the liquidity pools level. We will pair liquidity in 8 different pairs BNB, BTC, ETH, BUSD, USDC, USDT, DOGE, CAKE.
3% - Deflationary Burn
Most other coins simply burn tokens by sending them to a dead address, we burn our tokens by completely removing them from supply. This constantly decreases the liquidity to market cap ratio and therefore increases the individual price of each token. We fully expect this tokenomic to remove at least 20% of the supply from existence within 24 hours of launch.
3% - Auto-Liquidity
Nothing says a healthy token like having a ton of liquidity! Having a large amount of liquidity increases the stability of coin and reduces the impact of any sells on the chart. Reducing the impact of sells is vital to keeping a chart moving upwards
3% Game development
This percentage of all transactions will be used to fund the development our game. The moment that game is paid for and released, we will update this tokenomic to a 2% reflection that rewards the holders of the coin and a 1% donation to Mental Health Awarness. We expect to update this tokenomic at some point in November
Launching
When does it launch?
Our Presale goes live on the 30th of September 2021 at 22:00 UTC. More details can be found on our presale page.