🪙Tokenomics

$Elevate is a BEP20 token which serves as Elevate's vehicle to provide rewards to holders through a positive rebase formula and transaction volume in the form of BUSD. Because of the rebase rewards, the total supply is elastic to meet the needs of the fixed 100,000% APY rewards, along with regular burns to curb the inevitable inflation.

It’s important to note that a large majority of these fees cycle back to users in various forms. The tokenomics is designed to benefit holders that hold tokens for a long time and penalize those who quickly sell after buying. By incentivizing investors to hold tokens, we can create a healthy chart and a steady stream of rewards which will in turn encourage new investors to join the community.

  • Sustainability Fund: The Sustainability Fee works to ensure the integrity of the rebase reward through token buybacks and burns, and by so doing secure the fixed APY of 100,000%.

  • Treasury Fund: The Treasury Fund is used to fund marketing, future development of the Elevate ecosystem, and in extreme situations support the rebase rewards through strategic buybacks of $Elevate tokens.

  • BUSD Rewards: This is purely based on transaction volume so the more volume within the protocol, the greater reward for holders. Since BUSD is a stablecoin, it is immune to the ups and downs of the market and ensures a stable return to investors.

  • Liquidity Pool: It is important that the liquidity pool is constantly supported through a sizable amount of transaction volume and absorb any sell transactions of passive rewards. This goes to backing the liquidity of the BNB/Elevate pair on PancakeSwap ensuring an ever-increasing collateral value of $Elevate.

BUY FEES SELL FEES

The Buy fee is 16% on every transaction The Sell fee is 19% on every transaction

5% -> Sustainability Fund 5% -> Sustainability Fund

5% -> Liquidity pool 6% -> Liquidity pool

3% -> Treasury 5% -> Treasury

3% -> BUSD Reflections 3% -> BUSD Reflections

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