๐New Contract
Pending Update... โณ The tokenomics of $HILO are set to undergo significant improvements with the introduction of a new ERC20 token contract. This transition aims to enhance the user experience, provide greater flexibility, and open new opportunities for growth and collaboration. The old contract was renounced and had transaction taxes, but the new contract will feature a 0% tax on all transactions,. The new Token will be bridgable, ensuring a smooth transition for users from the old to the new contract.
Benefits of the New Contract
0% Taxes
The new $HILO contract will have 0% taxes, allowing traders, holders, and users to purchase and trade the token freely without incurring any transaction fees. This is a significant improvement from the old contract, which had high taxes that discouraged trading and holding.
Flexibility
The new contract provides greater flexibility, enabling the team to maneuver and make necessary adjustments to align with updates to our dApp and scalability requirements. This adaptability is crucial for keeping up with technological advancements and user needs.
Exchanges and CEX Listings
By removing taxes and updating the contract, $HILO will become more attractive to top tier centralized exchanges and other trading platforms. We have already engaged in discussions with various exchanges, and the new tax-free structure will facilitate listings and broader market exposure.
Collaborations and Longevity
The introduction of the new tokenomics will open doors for collaborations and scalability with holders and users. The absence of transaction taxes will make $HILO more appealing for partnerships, fostering a community that supports long-term growth and innovation.
Sponsorships and Partnerships
A taxless token and improved tokenomics will allow $HILO to merge forces with new products, agencies, and partners for marketing and scalability purposes. This will enhance our ability to form strategic alliances and increase our reach within the cryptocurrency ecosystem.
Multi-Chain Functionality
After the new contract is launched, users and holders will be able to bridge $HILO across multiple chains, benefiting from the functionalities and advantages of different blockchain networks. This multi-chain capability will increase the token's utility and accessibility.
Staking and Higher Rewards
With the new contract, reduced fees and lower gas costs will lead to a better staking experience and higher rewards for users. This will incentivize more holders to stake their tokens and receive a share of the revenue from the dApp.
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