Smart contract of Master Key Finance
The $MKF token incorporates a deflationary model designed to decrease its total supply over time, thereby potentially increasing its value:
Buy Back and Burn (BBB): 1% of the total sale volume of $MKF tokens is used for a Buy Back and Burn mechanism. In this process, tokens are bought back from the market and then permanently removed from circulation (burned). This reduces the overall supply of $MKF tokens, making the remaining tokens more scarce.
Core Team Wallets: 3% of the total $MKF supply is allocated to the Core Team's wallets. These tokens are designated as "never to be sold," meaning they are effectively removed from the circulating supply, further contributing to the deflationary nature of the token.
This approach creates a controlled reduction in supply while ensuring that a significant portion of the tokens remains inactive, both of which can positively impact the token's value over time.
The $MKF token is designed with several features that benefit holders and create a deflationary effect on its supply:
Deflationary Mechanism:
Deflationary Mechanism:Buy Back and Burn (BBB): The $MKF token is deflationary, meaning its supply decreases over time. Specifically, 1% of the total sale volume is used for a Buy Back and Burn mechanism. This means that every time $MKF tokens are sold, 1% of the transaction value is used to buy back tokens from the market. These bought-back tokens are then permanently removed ("burned") from circulation. This reduces the total supply of $MKF over time, potentially increasing the value of the remaining tokens.
Core Team Wallets: 3% of the total supply of $MKF tokens is allocated to Core Team wallets. These tokens are not intended to be sold, meaning they are essentially locked away, further reducing the effective circulating supply of the token.
Rewards for Holders:
Rewards for Holders:BUSD Rewards: By holding $MKF tokens, holders earn USDC (a stablecoin pegged to the US dollar) as rewards. Specifically, holders receive:
4% on Buys: When someone buys $MKF tokens, 4% of the transaction value is distributed as USDC rewards to existing $MKF holders.
5% on Sells: When someone sells $MKF tokens, 5% of the transaction value is distributed as BUSD rewards to existing $MKF holders.
Additional Benefits:
Additional Benefits:Soft Staking: $MKF holders can "soft stake" any validated token or coin. This feature allows holders to earn rewards by staking tokens that might otherwise have little to no value. By doing so, $MKF adds utility and potential value to other tokens in the holder's portfolio.
Loyalty Flex Reward: Holders who own 2 million or more $MKF tokens qualify for an additional "flex reward." This reward is substantial, giving them 25% of all revenue generated daily from the PoRTAL rewards distributor. This incentivizes long-term holding and loyalty among $MKF investors.
The $MKF token combines a deflationary model with various reward mechanisms to benefit holders, encourage long-term investment, and add value to both the $MKF token and other tokens in the holder's portfolio. These features are designed to create a sustainable ecosystem that rewards loyalty and active participation.
Please see the Master Key Audit report below.
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