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Information
Lion Token is a decentralized community-building experiment that operates on the Huobi Eco Chain, Binance Smart Chain, and GateChain. The total supply of LION Token is 20 billion, and it implements a deflationary mechanism by automatically burning a portion of each transaction. To ensure fair and equitable distribution, 5 billion tokens have been allocated to the LION/HT liquidity pool on the Huobi Eco Chain Heco. Additionally, 0.5 billion tokens have been locked on the Binance Smart Chain (BSC), with 100 million tokens set to be released in the LION/BNB liquidity pool at a specific time. The remaining 4.9 billion tokens will be gradually released in the mining pool for global users to mine. The remaining 10 billion tokens will be released on the GateChain and the main chain recognized by the community in the future.
Information
What is the description of the coin?
The $LION algorithmic token serves as the backbone of Scrub Money, a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Cronos network and the Savannah Finance Protocol. The protocol's underlying mechanism dynamically adjusts $LION's supply, pushing its price up or down relative to the price of $SVN.
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