Centralization to Decentralization

The company plan to allow Lucrar token become decentralized over 20 years.

The company has a plan to enable the Lucrar tokens to become decentralized over 20 years, but this will depend on whoever owns Lucrar tokens that will contribute to the liquidity pool.

The detailed explanation of this process is the following:

  1. The Lucrar token is in Binance Smart Chain, which allows putting the Lucrar tokens on the Lucrar liquidity pool in the Pancakeswap.

  2. When the smart contract is deployed the company has 20% of the Lucrar token total supply on the main cold wallet (deployer) and it will add gradually all those tokens plus Binance Coin (BNB) to the Lucrar token liquidity pool in the Pancakeswap.

  3. The remaining 80% of the Lucrar token total supply is in the smart contract and cannot be used. However, each quarter 1 million Lucrar tokens drop into the company's main cold wallet (deployer), starting April 2022. This means it will take 20 years for all Lucrar tokens to be realized.

  4. The company every quarter has a percentage of the results, after deducting expenses, allocated to the Lucrar token liquidity pool. This is necessary to have as many Lucrar tokens as possible in the liquidity pool.

  5. If most of the Lucrar tokens are in the liquidity pool it is possible for anyone to buy the Lucrar token and then creates his own Lucrar token liquidity pool, but because most of Lucrar token total supply is in the liquidity pool it is possible to buy most of those tokens and then different users are able to create many new liquidity pools.

  6. It means the company has no longer the majority of the power on Lucrar token, regardless of what the company does. However, this will take up to 20 years or more because is the time that will take until the Lucrar token total supply is fully realized to the company's main cold wallet (deployer) and totally injected into the Lucrar token liquidity pool.

One more time, this plan depends on the will of the Lucrar token owners if they are willing to contribute to the liquidity pool or not. The benefit to contribute to the Lucrar token liquidity pool is that liquidity providers earn a 0.17% trading fee on all trades made for that token pair, proportional to their share of the liquidity pool, according to the Pancakeswap information.

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