Whalecoin (WHALE)

As shown on our website, our token is a Token 2022 tax token with a 7% tax on every buy, sell and transfer, which is split up in the following ways:

55% distributed to holders in SOL
5% burnt
40% to dev

This will ensure constant deflationary pressure towards the token whilst also rewarding holders with their share of transaction fees, meaning that SOL can be earnt without even having to sell the token. The distribution is automated and takes place in 15 minute intervals.

Overtime, we plan to use some of our developer fees to accumulate other tax tokens on RevShare and send these to the distribution wallet, which we call our ‘treasury’. Our goal is to have over 1% of every promising project which rewards holders with $SOL (including the $REVS token itself), making Whalecoin essentially an index of quality projects on the platform. This also means that the distribution will continue endlessly even without volume on the Whalecoin token itself, and provides a self sustaining ecosystem. It should also be noted that tokens in the distribution wallet ‘treasury’ are permanently locked, meaning we cannot sell or withdraw them at any point apart from the automatic distributions with the SOL they generate.