[Forwarded from Forever]
SQUID GAME PROTOCOL LITE PAPER
An innovative and revolutionary trading & gaming smartcontract in one.
All custom coded by our dev
@SquidGameProtocolDevContestants who participate will win guaranteed prizes in BUSD
every round according to the multiplier they win, but don't sell
or you will be eliminated from the Game.
Squid Game Protocol was designed out of inspiration for the popular Tv Show Squid Game.
Our incentive is to revolutionize the way people trade and add a competitive aspect to the trading
we are used to today.
Automatic adding of multiplier, Automatic Gaming Platform Rewards Collection,
Manual Burn, Automatic Development Funding, Automatic distribution of rewards For the round Winner.
Squid Game Protocol will be fair launching with an anti-whale mechanism to ensure the best
possible scenario to make the launch fair for everyone.
The anti-whale mechanism works as follows
- Max buy of total supply is 0.1%
- Every wallet that buys will have a cooldown of 10sec before the token can be bought again.
Squid Game Protocol — Tax Breakdown
10% tax on every buy and transfer.
⦁ 6% distributed to the BUSD pot automatically.
⦁ 4 % Team/Burn/Marketing/Future Developments
- On a Sell there is a 15% tax
10% as above
5% sell tax will be used for rewards competitions and marketing.
Selling in the round will result in you getting eliminated from the game which means you will get
no rewards
SQUID GAME PROTOCOL TOKENOMICS
45,600,000,000,000 Supply
100% goes into Liquidity locked in with 3 BNB so assure a very low starting price to make
sure everyone will have a chance to be very early.
Liquidity will be locked for 456 years
Busd Pot TOKENOMICS
100% of the 6% tax will be sent to the prize pot forever.
50% of the pot goes to the next round of the game
45% gets split between all holders according to their amount of tickets/multiplier.
5% goes to the last buyer.
These variables can be changed so community voting will be a big part at a later stage.
The pot will continually fill the more users join.
A custom build Dashboard will be available on launch showing everyone the exact Multiplier
and amount they will receive in BUSD and others check this list below.
We will be using a Gnosis Multisig Safe to make sure multiple people need to sign in order to
move any of the tokens generated by the contract.
Squid Game Protocol, allows for 3 layers of earning :
⦁ Holding allows for earning via the custom multiplier code to ensure a forever flow of busd income
⦁ Playing one round only will also be a strategy people will use with the multiplier when you and how much will indicate
the share one gets from the BUSD pot.
⦁ Last buyer reward, being the last buyer of the round will net you an astounding 5% of the pot in busd
Playing/Trading SquidGamePro will be beneficial in a couple of ways.
When the fairlaunch begins the first contestant/buyer will have a multiplier
attached of 0.1x, the next contestant will get 0.2x increasing the buy and
reward ratio. This will continue until the end of the round.
for safty of bots there is a small twist buys will add 5 sec to the round.
as an auction function even if you have calculated the round end and you buy in the last secong there will be added 5 sec with in thous 5 seconds someone els can then have the opportunity to snatch the end round prize.
The last buy in the round wins 5% of the BUSD pot guaranteed and directly sent
to his or her wallet.
all holder that are not the winner of the will be able to claim there tokens trough the interface on our website.
even if the person haven’t claimed for a while there price stack will increase over time and still be hold with in the contract with no extra fluctuation on the price of the token when pulled in the wallet.