Volcano Coin Whitepaper

Want to know more about our Project and the Token? Read our Whitepaper.

Introduction

Volcano Coin https://icons.iconarchive.com/icons/google/noto-emoji-travel-places/24/42463-volcano-icon.png is a community driven project that aims to bring Charity Token to a next level: with help and use cases in the real life of everyone. Not only do we support the issue of environmental protection, we also give away profits to concrete projects in countries that need the support of people who take their social responsibility seriously. In our case it was the request of the crypto community in Central America to support the idea of green mining and the use of green energy in El SalvadorΒ https://icons.iconarchive.com/icons/hopstarter/flag-borderless/24/El-Salvador-icon.png (after President Nayib Bukele announced to make Bitcoin https://icons.iconarchive.com/icons/cjdowner/cryptocurrency/24/Bitcoin-icon.png a legal currency and to use volcano power for crypto mining) for the crypto sphere via an Token. It will bring awarness and development in a region that needs investment and out of the box thinking. Finally the connection between green mining and the support for National Parks, where Volcanos are located and the Flora and Fauna needs protection, was born. The company behind this Token (Open Capital Group LLC) is already located in the special economic zone PrΓ³spera in Honduras https://icons.iconarchive.com/icons/hopstarter/flag-borderless/24/Honduras-icon.png (a neighbour country of El Salvador). It is our goal to make Central America THE worldwide crypto Hub of the future. Volcano Coin $VCC is one step in this journey.

$VCC at a glance

Volcano Coin https://icons.iconarchive.com/icons/google/noto-emoji-travel-places/24/42463-volcano-icon.png is the next evolution of Charity Token: you support environmental protection via a concrete, transparently visible and, above all, real project (the Cerro Verde National Park).

Furthermore the token contract employs a static rewards systemβ€”10% of every transaction is split in two:

  • 5% is redistributed to holders after every transaction
  • 5% is used to fuel the liquidity pool exchange growth

Classic redistribution/Passive income https://icons.iconarchive.com/icons/hopstarter/sleek-xp-basic/24/Money-icon.png

This is a concept that was popularized by Safemoon and later other token projects. The mechanism incentivizes token holders to hold in order to earn dividends from the transactions (buys and sells). Redistribution is based on percentage (in the contract), current token balance and number of holders.

TL; DR: You receive more tokens automatically.

$VCC Launch

The protocol will start with an AirDrop on Thursday 1st July, 2021 on a plattform that will be announced soon. The Launch will start two weeks after the AirDrop through one presale on DxSale, on Thursday 15th July, 2021.

  • Airdrop + public presale

AirDrop platform will be announced soon. Presale will be launched on dxsale.network. The presale link will only be sent in the telegram group with a password.

  • Public presale phase: Everyone can participate

How does it work?

The first 600 entries in the presale will be booked for whitelisted wallets, then it becomes public automatically.

  • DEX public listing

Following the presale, $VCC tokens will become available for purchase on PancakeSwap Exchange.

Token Information (provisional)

Network: Binance Smart Chain (BEP-20)
Ticker: Volcano Coin
Contract address: 0xCc636e3107abeA0E94F96Bc84E1d047D5c20F4e4

Decimals: 9

πŸ”†TOTAL SUPPLY : 100.000.000.000.000

πŸ”†TEAM / PARTNER Allocation: 5.000.000.000.000 (5%)

πŸ”†TOKENS FOR PRESALE : 2.500.000.000.000 (2,5%)

πŸ”† TOKENS FOR CV National Park 5.000.000.000.000 (5%)

πŸ”† TOKENS FOR PANCAKE LISTING : 750.000.000.000.000 (75%)

πŸ”† TOKENS FOR MARKETING WALLET: 10.000.000.000.000 (10%)

πŸ”… Pancakeswap Listing Rate : 40.000.000.000 VCC per BNB

πŸ”… Liquidity Locked: 70% – Unlock Date : 6 months minimum

πŸ”… More Infos on Presale: https://dxsale.app/app/pages/defipresale?saleID=4782&chain=BSC

Security of $VCC

Locked Liquidity

Initial liquidity (70% of Presale) will be locked for a minimum of 6 months to provide holders with peace of mind that the token can always be exchanged. A trusted 3rd party, DXSALE, will operate as the middle man to ensure that all raised liquidity is locked in a secure locker for the full timeframe.

Contract Audit asap after Launch

Vulcano Coin is a community driven project, therefore therefore our funds are also limited. But soon after the launch and in an effort to increase transparency and ensure security, the developer team will purchase a top-tier audit with Dessert Finance. We’ll be able to ensure no vulnerabilities can be found such as:

  • Integer Overflow
  • Integer Underflow
  • Callstack Depth Attack
  • Timestamp Dependency
  • Parity Multisig Bug
  • Transaction-Ordering Dependency

The token contract is verified and available for viewing on bscscan.

Redistribution and Burning

As already mentioned, the redistribution mechanism within Volcano Coin can earn you a passive income just for HODLING. 5% of every buy/sell is taken and redistributed to all $VCC holders.

Also 5% of every transaction is transformed into liquidity for Pancakeswap. It’s automatic and helps create a price floor (stability).

Furthermore we seek to burn a specific amount of our Volcano Coins from the locked LP to decrease Coin supply and make the Token more valuable. More infos soon.