The CedarToken is a frictionless yield generation, hard-coded charity-based token built on the Binance Smart Chain technology.
According to World Vision, global poverty is expected to rise for the first time in 20 years. The Covid-19 pandemic pushed 88 million to 115 million people into EXTREME poverty in 2020, with the total rising to as many as 150 million by 2021.
Poverty plays a major role in deforestation. Many of the world’s rainforests are found in the poorest areas on the planet. Their poverty costs the entire world through the loss of tropical rainforests and wildlife. Without providing for these people, rainforests cannot be saved.
From that standpoint, the CedarToken was created, where investors will be able to grow their portfolio by holding on to the CedarToken while at the same time donating to families in need and help preserving rainforests and wildlife.
While we are helping in saving our planet and helping people in need, we have a plan aiming to protect all of our investments to the maximum extent. Therefore, all of the donations will be decided by all holders of the CedarToken. The voting system gives the investors bigger control over their investment.
A poll with all the options shall be made and the investor will vote on where the next funds shall go next. The option with the highest vote shall receive the next batch of funds.
The ultimate goal of the CedarToken is to be the all-in-one solution and offer a wide array of favors.
Our investors will be rewarded by the price increase of the asset and also by holding on to our tokens, as they will be rewarded from other transactions happening on the blockchain.
Meanwhile, families in need are being brought food and shelter, and at the same time, trees are being planted and helping reduce deforestation.
The CedarToken takes 10% on every transaction that happens on its blockchain technology:
3% Re-injected into the Liquidity Pool
On every transaction, 3% of it will be re-injected into the liquidity pool, leading to an increase in the value of the CedarToken.
3% Re-distributed to the Holders
As a reward for the trust of our holders and supporting our project, we are rewarding ALL holders with 3% of every transaction that happens on the blockchain
2% Saving the World
2% of every transaction will be donated to protect our rainforests, help reduce deforestation and preserve wildlife across the whole wide world.
2% Donated to Families in Need
2% of every transaction will go to a partner charity to giveback to families in need across the third world countries.
CedarToken is all about transparency. In addition to being able to choose to what charities we shall donate to, you should also know where all the tokens are.
- 40% Burned
- 33% Circulating Supply (Supply will be added + burned accordingly - Mixed with a locked wallet with slow release of the tokens)
- 15% Reserved Funding (Used for marketing and promoting our asset)
- 10% Founders and Team
- 2% Advisors