Create a Reflection Token
A reflection token allows you to customize the distribution of transaction fee and impose transaction limits.
What is a Reflection Token? Reflection tokens (sometimes called ‘rewards’ tokens’) refer to any crypto-asset that rewards holders by adding new crypto to their wallets.
- Safemoon (SAFEMOON). Safemoon launched just over a year ago and was one of the first reflection tokens in the crypto industry. The project has won over 2.5 million holders with a market cap of $2 billion. Safemoon’s smart contract charges 10% on top of any SAFEMOON transaction, with 5% distributed to investors and 5% going to Safemoon’s liquidity pool.
How to mint a Reflection Token?
Create your reflection token at: ….
Step 1. Connect your wallet
Step 2. Select “Reflection Token” as the token type Optional: You can choose "BabyDoge" or "SafeMoon" as template to mint your own token.
Step 3. Input all the token information and click “Create Token”, here is an example:
(2) You can enter a coupon code to receive discounts if you have one.
(3) You can designate a marketing wallet to fund your campaign. Step 4. Click "Create Token"
Step 5. Confirm the transaction at your MetaMask/Trust Wallet Optional: You can choose "BabyDoge" or "SafeMoon" as template to mint your own token.
Definition of Terms:
"Reflection Fee: Distributed to Holders(%)": The % amount of tokens from every transaction that are distributed to all token holders.
"Transaction fee to add liquidity (%)": The % amount of tokens from every transaction that are distributed to the liquidity pool.
"Burn Fee: Sent to Burn Address (%)": The % amount of tokens from every transaction that will be burned.
"Market Fee: Sent to Marketing Wallet (%)" : The % amount of tokens from every transaction being used for marketing. "Market Wallet Address": Tokens transferred to this address will be used to fund marketing campaign.