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XMM (Momentum)

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J
Joe Donut

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

www.xmmtoken.com/
Token: 0x9a7a4c141a3bcce4a31e42c1192ac6add35069b4

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Max

Status changed to: Live

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abra cadabra

Wow. This looks, by far, more promising than Statera. Heard that their token seems to be in control of swinger; whereas this solves that problem and makes it even better. Definitely getting in on this now.


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ryan_hache

This looks solid. 5% burned already and it's like 8 days old?! I'm in.


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