StableGrow is a new deflationary-reflection token on the Binance Smart Chain network. Users can simply hold $SGC tokens in their wallet and earn passive income in $BUSD. The project is the highest Reflection project among all. 12% of every Buy/Transfer/Sell transaction is redistributed automatically to $SGC eligible holders!
Vienna, Austria, April 02, 2022 (GLOBE NEWSWIRE) -- Most of the DeFi enthusiasts already know what a Reflection token is and how it works, because the BSC market has brought a lot of them into people's lives. Some projects were launched successfully and showed great success, some not.
From a technical point of view, the project is not unique. All Reflection projects have the same contract code that distributes the rewards in $BUSD to token holders. It's not a secret. Some projects add additional functions in their contract code. Burning, BuyBack, Liquidity Pool, various fees and so on. All this in different proportions and with different percentages.
But first of all, all projects differ from each other by the team behind these projects, their desire to develop the project in the long term, their actions and intentions. This is the most important condition that determines whether the project will be successful or not. Only after that comes Marketing, which also plays a very important role. These two things are inseparable. The involvement of the team in the project and the desire to develop and maintain it + constant and uniform Marketing. And the team will focus on these two points, as they are key.
The most important function is $BUSD Reflection. The project is unique in that it offers the highest Reflection percentage among all Reflection projects - 12%. In this regard, even a small holding of $SGC tokens in the wallet can provide good passive income with proper daily trading volume, which will be taken care of.
How the project works:
1. From each Buy/Transfer/Sell, the user is charged a tax of 12% in the form of $SGC tokens. That is why after the purchase the wallet receives a little less tokens than it showed on PancakeSwap. It's the same with selling.
2. These tokens that were taken from the tax are sent to the contract.
3. When enough fuel is accumulated to pay for gas, the contract automatically sells these tokens and receives BNB. That is why from time to time you can see sales from one wallet. This sale carries out the contract for further distribution.
4. After receiving BNB, the contract instantly exchanges them for $BUSD using the PancakeSwap router.
5. The received BUSD is distributed among all SGC holders in a proportional ratio. The more $SGC tokens you hold, the more reward you get!