Full description of Enhance Token
Enhance
Token (?) (ENH) launched on SafeMoonSwap on January 25, 2022. The premise of ENH is simple; buy ENH, and hold it to earn SafeMoon. The Enhance organization also has additional projects and innovations coming in 2022 that will add to the value of the ENH over time. Ongoing manual injections into the liquidity pool, their planned
NFT (Non-Fungible Token) (?) projects, future ASIC
Mining (?) operations, strong community support, and the transparent practices of the ENH team could make this token one of the strongest to emerge on BSC this year. Dual Tokenomics and Operations The market has given ENH a very solid reception due to its specialized value proposition as a unique Dual Tokenomic, BEP-20 token with a reflection-based reward system. This structure rewards new investors, as well as those who currently hold SafeMoon. Buyers earn a combined 11% reflection for holding Enhance, in addition to an extra 3% from SafeMoon directly. ENH automatically builds up and releases rewards based on changes in volume. This triggers the deposit of SafeMoon into holders wallets continuously, creating compounding rewards. Learn more in the Enhance project white paper. NFT Projects On January 26, 2022 Enhance sold 250 NFTs through the Enhanced Mask Raffle. The raffle gives all NFT holders a chance to win 25,000 dollars of SafeMoon and access to one free NFT upon the launch of the Enhanced Ape project, coming soon in 2022. The Enhanced Apes NFT project is an exclusive collection of 10K Gorilla NFTs that will include giveaways, metaverse spaces, live events, and mining operations. These combined activities will be used to fuel the ENH LP and increase the volume of the ENH token. Enhance NFTs partners with real world artists and assists them in entering the
Cryptocurrency (?) space and getting appropriate benefit from the art they create. The Enhance team expects to launch several more NFT artist partnership projects in 2022, including a groundbreaking music NFT program. Organizational Structure The structure of the Enhance organization is designed to provide transparency and security for holders, setting it apart from competitors in the cryptocurrency ecosystem. ENH is a venture by loyal SafeMoon holders. Every presale percent of ENH was delivered via NFT as a “blacklisted” amount. In the ENH contract there is a function called blacklisting, which when turned on disables that wallet. A blacklisted
Wallet (?) can never buy, sell, or send tokens, essentially locking them forever, earning only reflections. This was done to all ENH presales to secure a solid and permanent floor, preventing presale positions from compromising the token. The circulating supply of ENH is 1 QD, however, 47% or our circulating supply is blacklisted, and not available for trade. A full breakdown of these percentages can be found on their website. ENH began as a partnership in January of 2021. It was incorporated as a Wyoming-based LLC on January 18, 2022 and signed with SafeMoon on January 20, 2022. The official listing on SafeMoonSwap occurred on January 25, 2022. The Team The Enhance core team includes Chase Coleman (@Safemoonace), Zee Ahmed (@ZeeeAhmed), Rio McFarland (@SafeMoonHipneck), and Matthew Hudson (@TheH_U_D). They bring a wide range of experience and skills to the project, allowing Enhance to respond and evolve rapidly to market changes. The Enhance team’s trust in SafeMoon is backed by market knowledge and experience with the token, while the innovative solutions under the Enhance umbrella provide extra security and value for holders of both tokens.
- Exchange symbol (?): ENHANCE
- Cryptocurrency type (?): Token (?)
Enhance Token for developers
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Source: NOMICS
