What If? LTL Token represents the next leap forward in on-chain yield generation. Hard coded onto an immutable smart contract, LTL works by applying a 1% fee to each transaction and instantly splitting that fee among all holders of the token.
What If? Our smart contract is constructed in a way that to maximise earning power, certain addresses are excluded from earning fees (E.g. Exchange wallets and liquidity pools such as the Uniswap) Calculated by the percentage of LTL your holdings compared to other LTL holders within the ecosystem, all LTL holders are guaranteed to split 100% of the fees received by the network. Once the split is determined, earnings will automatically be directed to your wallet holding LTL
All DeFi projects to-date have been susceptible to hacks and exploitation of users. Moreover, there are many risks when interacting with any DeFi smart contracts such as yield farms which may include vulnerabilities, trust related issues with the team, unsustainable token economic models and more. DeFi projects often rely on minting new tokens to pay-out rewards generated from smart contracts.
What If? This is the future of on-chain yield generation. As long as you hold LTL tokens in your wallet, all fees will be distributed automatically with each transaction. No website or interface is necessary for this to happen, and the best of all, this is programmed into the smart contract. The fee generation and distribution are both embedded in the smart contract itself, therefore reducing any potential security risks significantly.
LTL offers a truly decentralised experience, there will be no ICOs, pre-sales, fundraising of any kind or any team allocation. There are no more features to add. There is no individual or team to be relied upon to give LTL any value. 100% of the 10M LTL supply will go to the community pool, and will be handled and controlled by only the community. As long as you hold LTL, you will receive a split of the 1% fee from every transaction.