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File: 249 KB, 5000x5000, XMM_HD_ICE.png [View same] [iqdb] [saucenao] [google]

/xmmg/ - Momentum General - Pink levels: 42% Anonymous Wed Sep 9 18:20:16 2020 No.22364123 [Reply] [Original]

>$512,000 market cap
>Total token supply: 72,343,672.40
>6.13% already burned
>Pink levels: 42%
>Recommended action: BUY

What is XMM?

"Momentum is a dynamically deflating token. Most deflationary tokens will be reduced by the same constant percent every transfer. Momentum uses a more dynamic approach to calculating the transfer fee. Two important values are maintained in the token contract: the Short Momentum and the Long Momentum, and token transfers will have an impact on these values. You can think of these values being similar to a moving average of transfer sizes over some history. Transfers that move the Short Momentum closer to the Long Momentum will have a transfer fee of 0.75%. Transfers that move the Short Momentum further away from the Long Momentum will be charged a destabilization fee between 0.75% and ~4%. Both momentum values will update regularly on the home page and can also be queried from callable functions in the smart contract."

Last Update:

"The audit continues as testing is underway. Results may take until next week, so a little more patience will be needed.

Many have been wondering about the website upgrade. Designs are being iterated on over the coming days and once there's a final agreement, development will start. Rough timeline might be up to two weeks or less if things flow quickly.

I also just updated the whitepaper to include a section explaining the weights used for updating the momentum values."

Locked liquidity:

Initially provided Uniswap v2 liquidity (70M / 77M) is locked until 12/21/2021
https://etherscan.io/token/0xb469899812f74ee43bffe2d2022590111da86425#balances
https://etherscan.io/address/0xfdba6feecdf75d2be2595a048141da210b324315#tokentxns

Where to buy:

https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x9a7a4c141a3bcce4a31e42c1192ac6add35069b4

Website:

http://xmmtoken.com

Telegram:

t(dot)me/xmmtoken

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