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Über PooCoin (POOCOIN)
PooCoin is charting and portfolio management Decentralized App (DApp) on the Binance Smart Chain. Binance Smart Chain, developed by Binance cryptocurrency exchange, is a smart contract-enabled blockchain. It supports simple, efficient, and cost-effective digital asset creation. Founded in 2021, PooCoin serves to improve on the services of existing decentralized exchanges. As a charting service, it provides a variety of convenient tools to traders on Binance Smart Chain.
What is the PooCoin Token?
The PooCoin token (POOCOIN) is a Binance Smart Chain-based token characterized by an incredibly high transaction fee of 8% incurred on every transaction. 4% of this fee is redistributed to PooCoin holders, and the other 4% is burned forever.
This circular model is designed to incentivize investors to hold on to POOCOIN in expectation of extended gains from the redistributed transaction fees. The initial supply of POOCOIN is 10 million tokens. PooCoin users cannot trade more than 100,000 tokens on a single transaction to ensure price stability and deflationary status.
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