In Brief:
- Freemoon developed a smart contract function and plans to lock in liquidity for 4 years
- All Freemoon assets are locked and allocated automatically.
- The company combines both Ethereum and bitcoin in their system.
Freemoon, a deflationary token protocol ecosystem, developed a smart contract function and plans to lock in liquidity for 4 years.
According to the announcement, smart contracts will become an integral part of the Freemoon financial ecosystem. It will be able to automate the distribution of funds among participants.Â
FREEMOON token guarantees reliability. The founders locked the entire liquidity pool for 4 years. All Freemoon assets are locked and allocated automatically. The automatic protocol’s every transaction sees a 5% LP growth. From the total gathered the system distributes 5% among token holders.
According to the whitepaper, the plan is to purchase their token through exchanges. The purchase will then proceed to burn them. Freemoon generated one quadrillion coins and burned 50% during the swap.
Freemoon Swap
Freemoon combines both Binance and Ethereum in their system to make an easy exchange of coins between different blockchains. Users do not have to add coins to separate wallets from exchanging currencies from Ethereum blockchain and Binance. The users have to log into the swap platform. In addition, users can add a liquidity pool to the system.
Freemoon has already carried out a smart contract audit. It has received a certificate from Solidity.finance to confirm that it is free of errors and secure.
Also Read: Total Value Locked in DeFi Industry Crossed the $200B Mark
The company plans to launch an application that will aid in exchanges for fiat and cryptocurrencies. The company also generates a trading bot and is programmed to permit trades at minimal risk and with guaranteed profits.
