Our Whitepaper

 

Introduction

Diamoons is the world's finest Decentralized Finance (DeFi) token run by an amazing community.


Diamoons is a Binance Smart Chain (BSC) blockchain token appreciated by many as an innovative financial investment. The Diamoons protocol has deflationary tokenomics which automatically and passively rewards investors on a daily basis, as well as increases the stability by continuously growing the price floor via automatic liquidity contributions.


This is what Diamoons aims to accomplish: You don't have to farm, stake or deposit; you simply hold it in your wallet and you will get more!


Above all, this is a community driven DeFi token, which means everything is public & transparent and the community makes 100% of all the decisions. 


Diamoons vision is to create a galaxial brand, community, and financial investment product by building a presence on many iconic places on earth & space and shed light on DeFi tokens as a safe, global, decentralized and profitable investment.


The goal is simple: to create a $Billion token, reward investors and donate back to the community. 

Team


Though the development team is and will always be working on the project, Diamoons investors make 100% of the decisions! One token = One vote. From places to conquer, objects to send to space, charity donations, marketing budgets and core development decisions, $DMOON investors are always in command!

Three co-founders stand behind Diamoons Finance, with two coming from the business world and one being the CTO with more than 7 years experience as a solidity developer. 

The team aims to sign partnerships with important influencers and advisors to augment the visibility of the project, whilst also leveraging the team’s business assets. 

Diamoons Protocol/Tokenomics/Taxing system


Tokenomics is where innovation happens. Diamoons is a self-sustaining yield farming DeFi token running on the BSC blockchain.

Diamoons automatically pays a daily dividend to investors - without the need to claim, farm, or stake, and continuously adds liquidity on the Pancakeswap decentralized exchange (DEX) leading to an ever increasing price floor.

How does this work?

Every buy or sell transaction is taxed 10%:

  • 5% goes to a locked liquidity pool (LP) in the form of $BNB added to the DEX
  • 4% is automatically and proportionally redistributed to all investors 
  • 1% goes to the Community Treasury Fund then used by the team and community to fund the project and its milestones

The 5% LP tax increases the stability and leads to an ever increasing price floor for Diamoons. The automatic liquidity protocol is part of the innovation of Diamoons Finance as a solid investment, and acts as a beneficial implementation for investors.

The Diamoons smart contract fetches tokens from sellers and buyers alike, and adds them to the LP. These tokens are then inaccessible and locked inside the LP.

The tax acts as an arbitrage resistant mechanism that secures the volume of Diamoons as a reward for investors. As the Diamoons token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for investors. This means that even if every single Diamoons investor sells, the price will never go to zero.The goal here is to prevent the larger dips when large volumes are traded, which keeps the price from fluctuating as much as if there was no automatic LP function. In other words,  the automatic LP protocol creates stability.

The 4% redistribution is the equivalent of a dividend from a publicly traded company. This tax is also called a static reward or reflection, and it helps solve a host of problems. First, the reward amount is conditional upon the volume of the token being traded. Second, the reflect mechanism encourages investors to hold their tokens to garner higher kick-backs which are based upon a percentage carried out and dependent upon the total tokens held by the owner. This means the amount of tokens in your wallet will forever increase as people transact. Lastly, this tax creates a fair dividend system with no priorities, in other words, it treats all investors equally. 

These two “taxes” are the core innovation of Diamoons as a store of value and growth. 

Furthermore, Diamoons has a 1% transaction tax which is used to finance the project and for any other purpose the community decides. This helps keep the project alive and financially healthy.

Diamoons Total Supply:     1,000,000,000,000,000 💎      (1 Quadrillion)

Diamoons Total Burn:         500,000,000,000,000 💎🔥 when 6969 holders      (500 trillion)


The token burn is sending 50% of the total supply to a black hold address, thereby permanently reducing the amount of tokens in circulation.


Diamoons was launched with an initial supply of liquidity in the form of BNB/DMOON LP Tokens on the PancakeSwap DEX. Ownership of the tokens was renounced by sending them to a burn address. This was performed to shield investors by preventing the possibility of a rug pull via liquidity removal.


Lastly, there is a protection mechanism in place (an anti-whale system) in order to prevent large sudden price movements. Each wallet can only buy or sell a maximum of 0.25% of Diamoons Total Supply. 


Manual Burn

Why is this an important feature?  

By having burns controlled by the team, Diamoons is able to create uptrend price swings when new milestones are achieved. This keeps the community motivated and informed. In other words, everytime there’s a manual burn, the price of each token will automatically be more valuable as there is less circulating supply.

Safety


Diamoons runs on one of the world's largest blockchain networks: BSC. This means all the security is based on a major blockchain network which has been shown to be hacker proof. 


The three co-founders each have 2.5% of the native token locked for a 4 year period, with a progressive unlocking, and all major collaborations which include native tokens are also locked for a similar time frame. 


The liquidity provided from every trade is sent to PancakeSwap DEX and locked forever, which means an ever increasing price floor and more stability for Diamoons. The team executes regular burns of all the new protocol generated LP tokens. 


In order to guarantee some sense of stability, Diamoons has a protection mechanism in place in order to prevent large sudden price mouvements. It is especially designed in order to shield investors from massive selling coordination, whilst allowing full liquidity and freedom. Each wallet can only buy or sell a maximum of 0.25% of Diamoons Total Supply per transaction.


Contract audit is in progress with a top-world leader in smart contract certification.


There is no minting function present within the smart contract.


Diamoons is therefore secure and un-ruggable: with no minting possibilities, includes an anti-whale mechanism, has no possibility to remove protocol generated LP tokens and running on a top blockchain network.


Social 

Diamoons wants to make a difference by donating every year part of the profits from the Community Treasury Fund to specific causes, charities and actions. The community will decide under the philosophy of 1 Token = 1 Vote using the Diamoons DAO.


In the end, you will be glad you invested with Diamoons. You will make your money work for you and make a difference.


Roadmap


The Diamoons roadmap includes fun milestones to achieve the desired Galaxial Status.

  • Launch Phase
  •  Deploy Smart Contract · Website & socials creation · Community engagement · BSC Scan & Trust Wallet logo · Aidrop for holders

  • Fueling to Space
  • Unveil Diamoons Mascot · Diamoons merchandise & Online Store unveiling · Listing Coin Market Cap · Listing CoinGecko · Start conquering iconic places on earth · Team unveiling · DAO creation

  • Galaxial Status
  • Send a $DMOON to the Space Station · Send a $DMOON to the moon ·  Listing on top exchanges ·  Try to send a $DMOON to Mars