Cash Token

The $Cash token is fundamental to the GalaxyCash protocol, recognized for its exceptional value storage capabilities.

The $Cash token, designed as a value storage token within the GalaxyCash network and built on the Fraxtal platform following the ERC-20 standard, encapsulates value through equitable distribution methods, automated liquidity rebalancing, and offers lifelong frictionless passive earnings. The $Cash token stands as a key pillar of the GalaxyCash protocol due to its value storage properties.

Name: GalaxyCash Token

Ticker: $Cash

Chain: Fraxtal

Max Supply: 10B10,000,000,000 $Cash

Contract: [Fraxtal Contract Address]

Token Supply

The $Cash token maintains a fixed total supply of 10 Billion tokens, with no further minting anticipated. We've implemented an innovative auto-rebalancing smart contract known as the "Blackhole," which holds 50% of the total supply and passively enhances the protocol's liquidity with each rebalance.

Allocation
Percentage
Numbers

Blackhole

50%

5,000,000,000

GalaxyDAO Treasury

22%

2,200,000,000

IDO

12%

1,200,000,000

Initial Liquidity(POL)

6%

600,000,000

Airdrop

2%

200,000,000

Team

8%

800,000,000

Protocol-Owned Liquidity (POL)

$Cash will have a primary liquidity pool on Fraxwap, Cash/gFrax, which will be fully owned and locked by the protocol. Locked liquidity means that the staked liquidity on a decentralized exchange (DEX) is irrevocable, neither by the protocol nor by any external entity.

Transactions involving $Cash tokens (buying, selling, transferring) will incur a 10% fee.

Passive Rewards for Holders

Holders of $Cash tokens will benefit from non-inflationary passive rewards simply by keeping the tokens in their wallets. Each transaction type (buy, sell, transfer) will attract a 10% fee, of which 5% is redistributed to all token holders, and the remaining 5% is allocated for liquidity replenishment.

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