What Is Low Orbit Crypto Cannon (LOCC) ?
Low Orbit Crypto Cannon (LOCC) is a crypto deflationary token made for the community and owned by the community. Ruled by simple, yet powerful and efficient smart contracts on the Ethereum block chain: Fees are generated from each trade, partially burned, and then one staking Astronaut is selected for propulsion every 276 ETH blocks. This lucky Astronaut receives all of the collected fees!
Low Orbit Crypto Cannon (LOCC) employ such simple functions, strong and powerful: Each time a transfer occurs on the $LOCC token, over Uni swap or any buy/sell occurring on the ERC-20 asset: – 5% of the amount is burned from the supply. – 5% sent to the Low Orbit Proposer Contract for pulsation.
Low Orbit Crypto Cannon (LOCC) pulsation engine then starts to power up and load with the tokens collected from the pulsation fees, ready to get one of hodler in the next Orbit Pulsation Session. Approximately every 30 minutes (~138 eth blocks as 1 eth block occurs every 13 seconds): One of the hodler in the Low Orbit Propulsor Staking Contract receive the entire fees generated from the current pulsation wave.
Low Orbit Crypto Cannon (LOCC) Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Low Orbit Crypto Cannon |
| Short Name | LOCC |
| Max Supply | 1,000 |
| Total Supply | 968 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Orbitmap LOCC
Orbit Initialization
Low Orbit Crypto Cannon (LOCC) Open-source release on Github of the contracts coded for $LOCC protocol
Auditing the Low Orbit Crypto Cannon Token (ERC-20) and the Low Orbit Propulsor Contract Starting the LOCC Token Presale on Unicrypt Launchpad as public sale to kick-start the asset pool liquidity and the protocol
Deploying the Low Orbit Crypto Cannon Token on the Ethereum Network as an ERC-20 token with a max supply of 1000 $LOCC
Deploying the Low Orbit Propulsor Contract to collect fees from every transfer on the $LOCC token
Listing $LOCC token over several CEX
Listing over CMC, CoinGecko and Blockfolio
Low Orbit Proposer Contract
Low Orbit Crypto Cannon (LOCC) Low Orbit Propulsor Contract is a contract that receives the fees from the pulsations fees each time a transfer occurs on the $LOCC token. Any holders of a minimum of 0.5 $LOCC can deposit/withdraw on the contract without any condition to join the preparation of the next pulsation wave.
Low Orbit Crypto Cannon (LOCC) Everytime that 138 blocks passed on the Ethereum network and that a transfer transaction occurred: The contract auto-select one of the holders that staked at least 0.5$ LOCC in the Pulsation Contract and transfer him the whole amount of fees generated, therefore: sending the winner in Orbit.
Uniswap Explanation
Low Orbit Crypto Cannon (LOCC) When you buy $LOCC on the Uniswap Pair (ETHLOCC) no fees are applied, which mean no burned token or sent to the Low Orbit Propulsor Contract. But on each transfer from $LOCC you then have to pay both fees.
Low Orbit Crypto Cannon (LOCC) If you sell on the pair your $LOCC token then the fees are applied. Therefore empowering the hodl for reaching the orbit and having an incentive for holding $LOCC. WHEN YOU SELL YOUR $LOCC YOU NEED TO SET A SLIPPAGE ON UNISWAP OF AT LEAST ~ 12% -> the 10% fees are retributed as explained above
Low Orbit Crypto Cannon Tokenomics
Low Orbit Crypto Cannon (LOCC) total supply of the fixed $LOCC token supply is 1000. As for the circulation supply, a good orbit cannon needs a correct economy: every LOCC token minted (1000) will be in circulation and be completely used in the Presale.
Team wallet dev funds: 50 $LOCC (5%)
- Marketing for growth and adoption: 50$ LOCC (5%)
- Left treasury funds to be used in the public presale and added over the Uniswap
liquidity (locked liquidity 1 year): 900 $LOCC (90%)