Saint Token — An Introduction. Saint is a decentralized deflationary…
Tags: Bsc Token, Safemoon, Cryptocurrency, Yield Farming, Defi

Saint is a decentralized deflationary auto-staking & yield farming protocol, owned by the community with a charitable focus based on social experimentation. Ownership will be renounced, liquidity burned!

The Saint Bernard is a traditional symbol of security and trust. Originally bred to protect hospice residents. In later years they have become famous for alpine rescues, sometimes carrying a small barrel of Brandy around their neck to keep the injured warm.

Be loyal to the Saint Bernard Token and it will look after you forever.

Frictionless Yield Farming

Buying Saint token allows you to become part of the Saintly community, as part of the community you passively earn Saint tokens directly in your wallet, simplifying the concept of DeFI yield generation in a frictionless manner.

Charity Focus

Each week the dev team will put forward several charities that can be donated to, the community can decide through a vote which one will be chosen. We will take community input in this process evetually handing over full control.

Burn or Donate

Before the charity donation can take place the community can decide to donate or burn the tokens, giving the project a twist of greed vs charity… Each week will be a test of human nature and social experimentation.

Tokenomics

2% of each transaction is burned forever

2% is reallocated back to Saint holders proportionally by wallet % held.

1 % of every transaction is being added to the Saint Charity Wallet.

Deflation

Because 2% of each transaction fee is sent to liquidity the token is deflationary, keeping the demand high and a forever building liquidity pool.

Saint solution to Yields and Inflation

Price and Market risk: These risks come with any free market. Anyone claiming to guarantee a specific yield or eliminate this risk are lying to you.

Trust related risk: No ICO, No Pre-sale, No Fundraising. No vaults or treasuries. No community funds that could be mismanaged. No website or interface is required for the token to function. As long as BSC, Saint fees will be generated and distributed with each transaction.

Security risk: Because yield generation distribution is baked into the core smart contract, security risk is greatly reduced. No external contracts or interfaces need to be interacted with in any way.

Economic Design risk: Saint has a deflationary cap of 1 billion. The yield comes from transfer fees instead of newly minted tokens. As you earn fees, the percentage of the total supply you own is increasing.

Earning network fees is an established and tested method of earning yield.

Fair and Free Market

The Saint smart contract is complete at launch. There was no ICO, no pre-sale, and no fundraising of any kind. There are no more features to add. There is no individual or team to be relied upon to give Saint any value.

100% of the total fixed supply of 1 Billion tokens goes into the initial Pancake liquidity pool.

Future Governance

Once the community is established we will create a secondary token, which 10% of the total supply will be airdropped to Saint Holders. The Yield farm where Saint and BNB LP tokens can be farmed will allocate the remaining 90%. The token will be tradable and will also have voting rights for the Charity or Burn votes via web 3 voting system.