Note the Tokenomics are not fully finished and might be subject to change, we aim for a launch on the 8th of May. Join our Telegram to get the latest updates!
What are SCM Tokens?
SCM Tokens are ShitCoinMiner Tokens, which will be automatically mined next to regular tokens by using our pool to mine a Coin. Note there is no ICO, you can only gain SCM Tokens by mining or you can buy them on PancakeSwap.
Distribution of SCM Tokens
The tokens are getting distributed as followed:
Happy Mining!
What drives people to the SCM Token
The great thing about SCM is that the SCM token pays dividends to the people who provide liquidity to SCM. We will distribute 50% of the mining profit proportionally to all the holders of SCM LP. The other 50% goes to the coin developers. This will be distributed in BNB.
So in a way you can mine the coins you like while getting another form of coins (SCM Tokens) that can also help you generate a passive income. SCM LP Holders will also get airdropped 5% of all coins mineable on the site.
Distribution of profit
The profit distribution is as followed:
Anti Rug Pull
If a coin gets rug pulled during the mining period the coin devs of that rug pulled coin will not get their part of the pay-out. The coins mined will be used to buy-back SCM Tokens and these will be distributed to the miners affected.
Tax on coins
There is a 5% sales tax and a 0% buy tax on SCM. Tax is returned to the SCM Devs for marketing, overhead and fees.