COO of NSUR, Rosemary Peters, provides a brief overview of NSUR Coin and its tokenomics
Overview NSUR Coin
NSUR is a crypto-powered health and wellness platform which provides exclusive discounts to community members. The token facilitating purchases on this platform is NSUR Coin.
When it comes to NSUR Coin, its code and its tokenomics, there are a few important things that you should know
First, NSUR Coin is built on the Binance Smart Chain. This makes the consensus mechanism backing NSUR Coin a proof of authority mechanism.
Second, you can have confidence in NSUR Coin’s security, as the token’s smart contract has been audited by CertiK. You can find the results of NSUR Coin’s CertiK audit our website.
Finally, impacting nearly every NSUR Coin transaction is a static reward system coded into a smart contract. Under the conditions of this static reward system, transactions experience a 10% tax, which is split into multiple parts:
3% is used to fuel the liquidity pool to ensure smooth transactions
3% is used to fund the protected NSUR wallet, which will be used to sell NSUR Value Protection Program plans in the future
2% is used to reward token holders for joining and growing the community, and will also be given to our sponsored charity
1% is redistributed to all token holders, via reflections
And the final 1% is erased forever, making the token more scarce as time goes on
