🧁SPARTACUS TOKEN

Token Name	Spartacus Swap
Token Symbol	$SPARTACUS
Chain	BEP20
Max Supply	unlimited with deflationary measures
Initial Mint	20000 (to seed liquidity pools + marketing)

Transfer Tax

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Total Transfer Tax	8% transfer tax on each transfer as follows:
Burn Rate	8% of each transfer will be automatically burnt
Liquidity Rate	0% of each transfer will be automatically added to the LP pools

Emission Rate

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Tokens/Block	1 $SPARTACUS/Block
Daily Token Supply	28,800/$SPARTACUS/Day

Why No Cap?

There's currently no hard cap on the supply of SPARTACUS, making it an inflationary token.

Community members often point to this as a cause for concern, and while the dev team certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future.

SPARTACUS's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

How is SPARTACUS Supply Is Reduced Without A Hard Cap?

1. Reducing Block Emission

By reducing the amount of SPARTACUS generated per block, we slow the inflation. For the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

2. Transfer Tax

SPARTACUS now has a 8% transfer tax in each transfer. 8% is burned directly and the rest 0% is added to SPARTACUS-BNB liquidity pool and locked. This deflationary mechanism will help us to reduce the circulating supply of SPARTACUS which will release sell peruse a lot.