SantaCoin cryptocurrency is a fork of EvergrowCoin that rewards its users with $BUSD, a cryptocurrency that is pegged one-to-one with the US dollar, as opposed to other cryptocurrencies. Due to the significance of this single feature, SantaCoin is considered to be the most promising cryptocurrency among all others.
SantaCoin's anti-Whale system
discourages whales by limiting the amount of money that can be sold to a maximum of 0.2 percent of the circulating supply of the cryptocurrency. Holders of Santacoin will be rewarded in Binance Pegged BUSD, which is a first in the history of cryptocurrency and the first time in the world.
We wanted SANTA to be entertaining and simple to use. It is just too complex for many people to trade in the respective meme coins while using Bitcoin, Bitcoin Cash, and Bitcoin Gold.
We wanted everyone to get involved and forget about the technical aspects of the project altogether. As a result, we eliminate all of the time-consuming trade procedures and give you with a dependable storage option.
What is Santa Coin ($SANTA) and how does it work?
SANTA Coin is the only meme that has any sort of practical application. It was built on top of the Cardano blockchain, which ensures that it is secure and resistant to fluctuations in the market. Our blockchain is accessible to everyone because to its one-of-a-kind code, which is based on block template principles.
It is the social aim of Santacoin, a cryptocurrency with the goal of spreading holiday cheer throughout the Blockchain community. Aiming to embody the Christmas spirit of giving, the project urges its users to be empathetic, loving, and generous towards one another.
In exchange for Santa coin, its holders receive Evergrow dollar (BUSD), a stable cryptocurrency that is pegged one-to-one with the United States dollar.
The mission of SANTA Coin is to make blockchain technology more relatable to the general public. Blockchain technology is complex, and as a result, it can be difficult to describe without seeming like you're speaking a foreign language.
SANTA is one of the most popular meme coins in the world. The community has its own culture, including unique terminology, internet memes, digital art, and other artifacts. The coin's mascot is a bearded man with a red suit called SANTA, who gives money to the people who have been naughty or nice. The coin's origin story is based on Santa Claus, with "Santa Claus" being an acronym for "a Semi-Anonymous Network To Assist Newcomers And Tie Things Together."
The community promotes itself as an alternative to traditional cryptocurrencies that are focused on technology rather than fun. People can participate in the community by developing new features for SANTA or creating works of art related to the coin. Most people participate in the community by buying SANTA and tipping other people online.
The coin's slogan is "Fun Comes First".
It is the first coin written with the Counterparty platform, and it was designed to be different. The main goal of SANTA team is to create a simple and understandable cryptocurrency, where there are no pre-mined coins, no confusing blockchain or hard forks.
The Benefits of the Santa Coin
Investors' incentives are worth 8 percent, while liquidity charges are worth 2 percent. 3 percent BuyBack Plus Burning is included in the price. Promotional Portfolio accounts for one percent of total portfolio. Holding incentives are awarded in BUSD, rather than Santa Tokens, as previously stated. This is a significant shift. As a result, the longer you keep your BUSD, the more and more BUSD you receive. It is possible to sell a total of 0.2 percent of the coin. Owners of Santacoin will be rewarded in Blockchain PeggedBUSD, which will be the first of its kind in the history of cryptocurrencies. Santa Coin will be used in the upcoming Play-to-Earn Sports Santa application and the upcoming Santa F1 strategy game to provide a new framework for electronic possession and participation.On a technical level, PancakeSwap receives a 2 percent commission on every transaction that results in liquidity. Our smart contract deposits 2 percent of every buy/sell transaction as $Santa Coin and $BNB into a liquidity pool, which is then used to fund other transactions.
Reflexions on the BUSD
BUSD is a Binance token that is tied to the United States Dollar (USD). It's contentious, and it's had its ups and downs when it first came out.
It does not appear to be going away any time soon, maybe as a result of its unique structure, which allows holders to collect automatic BUSD incentives simply by hanging onto their $Santa Coin.
What is the process for purchasing SANTA on Trust wallet?
Make sure you have "BNB Smart Chain Coins" in your Wallet; if you don't, you'll need to convert "BNB" into "BNB Smart Chain Coins" first. (If you don't have any, you can use MoonPay, Coinbase, or another similar service.) Alternatively, you can purchase first in XLM, then convert to BNB and deposit to your wallet.
More Information :
Telegram : @ershad90009675
Bitcointalk Profil profile : https://bitcointalk.org/index.php?action=profile;u=3398352
BSC Wallet adress : 0x2616CcDF37B179fe5E65EF16a57c04922168cB64
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