Introduction to Prometheus Protocol ($PROME),

Prometheus Protocol ($PROME),

$PROME is a protocol combining two core functions, which allow the token to passively generate yield and increase passive transactional volume.

Functionality:

A constant transactional fee of 6% is the main fundamental to $PROME which controls the two functions that the contract is built on:

Yield generation per transaction:

• 3% will be distributed to all holders of $PROME depending on the total holdings.

Buybacks per transaction:

• 3% will be sent to a buyback wallet which will accumulate funds over the period of 120mins (2 hours).
• Every 2 hours the $PROME protocol will call a function which will do a buy back with the accumulated funds
• All $PROME that has been purchased during the buyback will be burnt, further generating a deflationary effect which will further reward holders with the yield generation function.

Launch of $PROME:

Bot snipe prevention:

• There is a max buy limit for the token which is 6000 $PROME for the first 10mins, a buyer will be unable to make a transaction if they are trying to buy more then 6000 $PROME during this time.
• After 10mins the token will no longer have a max buy limit and it will allow buyers to buy as much as they want.

Tokenomics:

Total supply: 200, 000 $PROME

Dev: 50, 000 $PROME

Marketing: 30, 000 $PROME

Presale Aim: 16ETH

Private price: 3000 $PROME / 1 ETH

Listing price: 2600$PROME / 1 ETH

Liquidity: 15ETH Locked for 10 Years

Farming pool: 40, 000 $PROME