According to the project, its token is not suitable for trading or short-term investing. This factor is mainly due to its target to add more value as time goes by, incentivizing its holders to store the currency. It also assures users that there is no team to claim any portion of the supply or change the dynamics of how the token and its smart contract works. Anyone can confirm on etherscan.io that the team has transferred the ownership of the smart contract and 100% liquidity to the dead address. This fact further proves that the team has zero control over the project. Moreover, it has no allocation of the token’s supply to marketing strategies, depending on the community to take up the task. Shortage believes that every holder can take a step to spreading the word about the token through social media, paid campaigns, and sharing to relatives or friends, among others.Understanding RTG TokenomicsThe first unique thing to understand about the RTG token is that there will be no official presale. The project has a great focus on liquidity and burning the token during its existence in the industry. The whole concept surrounds reducing its supply while increasing its Ethereum backing. RTG is an ERC-20 token with a total supply of 2 billion tokens. On December 27, the coin earned a listing on Uniswap V2, which will be the main exchange where you can acquire the coin. 50% of the total supply will go to liquidity locking, meant to remain locked forever. The other half will be burned to increase the scarcity of the token in the market. Any transactions involving the RTG/ETH pair will incur a transaction fee of 10% from the total; that is from any purchase, sale, or transfer of the token. If you are a holder of the token, you can expect a share from 50% of all transaction fees; the rest will go to the burning address. Holders do not have to go through a hassle claiming the rewards they earn from holding the token. All you need to do is get a wallet compatible with the pair, fund it, and acquire the tokens you wish. Make sure to set your slippage at 12% to complete all your orders efficiently.Increasing the Value Holders GetCurrently, 50% of RTG's total supply is already in the burn address, a move that many existing projects are employing to reduce the supply of their tokens. The basic law of supply and demand states that with reduced supply, demand increases. In the same way, projects wish to derive the most from the same concept by removing them from the circulating supply.Additionally, when anyone buys or sells RTG on Uniswap V2, part of every transaction fee goes to burning. Also, ETH will replace the RTG tokens, increasing the backing of the Shortage tokens. As such, the backing will always be more than enough to cover the total circulation supply available for sale. As a result, the price floor increases after every RTG transaction.Lastly, part of the Ethereum backing in the pool will not be withdrawable to ensure a constant boost after every transaction. In the long run, the fruits of this objective will be visible in making RTG a long-term investment option for its holders. Twitter: https://twitter.com/Shortagfinance?s=20Telegram: https://t.me/shortagechatReddit: https://www.reddit.com/r/shortagefinance/

This press release was originally published on this site

You May Also Like

Bety Casino Raises the Stakes: New VIP Program Delivers Exclusive Crypto Gaming Benefits for High-Value Players

Bety, the innovative crypto casino and sportsbook platform, unveiled the core pillars…

EthBet Poker: Pioneering Decentralized Poker and Crypto Gaming

 Introduction:EthBet Poker heralds a groundbreaking era in the world of online poker…

Sonorus and Linea Forge Strategic Partnership: The Future of Music on Blockchain

In a move that signals a significant leap forward forWeb3, Sonorus, a…

Novafms Trading Center Launches AI-Powered Data Insight Platform to Transform Financial Intelligence

Novafms Trading Center, a global financial technology platform, has launched its latest…

USD/CAD Holds Losses Below 1.4100 Ahead of US CPI Data

The USD/CAD pair has seen a notable depreciation in recent trading sessions,…

The Future of Cryptocurrency: How Market Trends Are Shaping 2025

New York, NY / Globe PR Wire /The cryptocurrency industry is evolving…

Key Elements of a Book Press Release: A Complete Guide

 Table Of Contents: Example of a Book Press Release: Effective Strategies…

Bitex Wealth Rises to Top 3 Auto-Trading Platforms Among German Crypto Users

In a market saturated with promises but short on performance, one platform…

Bandit Network launches “Minter SBT” in collaboration with Unstoppable Domain

Bandit Network, an NFT Aggregator platform, and Unstoppable Domains, a Web3 domain…

Aldisyn Investments Launches AURIX AI 4.0 Led by Fernando Ríos

Aldisyn Investments, a global leader in AI-driven financial technology, announced the official…