What Is Parma Token (PARMA)?
Parma Token (PARMA) is a Cultured Utility token on the Ethereum Network that uses a smart LP tax to stabilize price movement for holders. With over 50% burnt, each transaction results in increasing amounts of PARMA being removed from circulation. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such.
Parma Token (PARMA) Parma team does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. By purchasing Parma, you agree that you are not purchasing a security or investment, and you agree to hold the team harmless and not liable for any losses or taxes you may incur.
Parma Token (PARMA) You also agree that the team is presenting the token “as is” and is not required to provide any support or services. You should have no expectation of any form from Parma and its team. Parma is an experimental token for social experiment and not a digital currency. Always make sure that you are in compliance with your local laws and regulations before you make any purchase.
Parma Token (PARMA) Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Parma Token |
| Short Name | (PARMA) |
| Circulating Supply | 50.00B PARMA |
| Total Supply | 50,000,000,000 |
| 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 |
Tokenemocis
100,000,000,000
Parma Token (PARMA) The total amount of PARMA minted on the release of the token.
Uniswap – 50%
Parma Token (PARMA) Being a fair launch culture token, PARMA deposited all of their tokens that were not burnt into the liquidity pool. These tokens will be held by the community, for the community.
Burn – 50%
Parma Token (PARMA) Tokens that are permanently burned from the PARMA supply. Dead address: 0x000000000000000000000000000000000000dead, these tokens will never be retrievable and makes PARMA deflationary!
1% Burn
Parma Token (PARMA) All transactions will have a burn function that will make sure the PARMA token is deflationary over long periods of time. All tokens will be burnt to the same address as shown above.
2% Liquidity
Parma Token (PARMA) 2% of each transaction is automatically added to the liquidity pool by contract. This fee will increase the amount of tokens in the liquidity pool over time, providing stability to the token and holders.
4% Marketing
Parma Token (PARMA) 4% of each transaction will go towards the marketing and organization of the PARMA events. Being a culture token, it will take a great amount of funds to create a culture that is desired by many. These funds will be focused on outreach in the beginning days of the token.
1% Development
Parma Token (PARMA) 1% of each transaction will be going towards the development of PARMA. The team has no tokens for themselves since a culture token should be for the community, by the community. However, wages still need to be paid and work needs to be done. This will ensure the longevity of the PARMA token.
Why PARMA?
Parma Token (PARMA) takes the utility of a “culture” token to the next level. PARMA gives access to exclusive community experiments while also maintaining the token is 100% fair launch, with no team or presale tokens.
Features
Deflationary
Parma Token (PARMA) 50% of PARMA is burnt to the dead address there is also a 1% burn fee on each transaction to maintain that PARMA’s supply will be decreasing over time.
LP Stability
Parma Token (PARMA) will implement a 2% LP Fee that will directly contribute to growing the PARMA/ETH liquidity pool, providing flexibility to the holders of the PARMA token.
Unique NFT Collection
Parma Token (PARMA) NFTs will be used for exclusive access to all things PARMA. Merch, Alfa, NFT Drops, Community Events, and Live Concerts.
Ethereum Nodes
Parma Token (PARMA) There will be dedicated nodes for holders of PARMA. These nodes will generate great rewards for users that invest in the PARMA ecosystem.
The Ethereum Network
Parma Token (PARMA) Launching on the Ethereum Blockchain, and expanding to an L2 in the near future, PARMA plans to span multiple networks and reach the largest audience to build the best community.
Passive Income
Parma Token (PARMA) will provide holders with passively generated PARMA over the life of the token. These nodes will be open to all holders big and small with a node being priced at just 1,000,000 PARMA to create!
Unique NFT Collection
Parma Token (PARMA) NFT Collection that will be the unique access point to all things Parmesan. Holding one of the PARMA NFTs guarantees access to all PARMA events.