BLUECORE TOKEN
Welcome to the heart of our innovative platform – the Bluecore Token, a dynamic force driving us towards new frontiers in the decentralized finance (DeFi) world. Dive into our unique tax ecosystem designed to stabilize, grow, and enrich our community.
Understanding the tax structure
Introduction
Our tax mechanism is dual-purpose: one part is dedicated to operational excellence, ensuring the longevity and vitality of our ecosystem; the other amplifies our Liquidity Pool, laying the groundwork for stability and growth within our eco-system.
Benefits of the tax ecosystem
The tax ecosystem is not just a mechanism; it's our engine for growth. It transforms transaction taxes into avenues for enhancing liquidity, stabilizing token prices, and fostering trust within our community.
How to buy:
Ready to join the Bluecore ecosystem? Whether you're new to cryptocurrency or already have your own ETH, we've got you covered. If you're starting from scratch, simply click 'Buy Base ETH' to purchase Ethereum instantly using Moonpay, our official Fiat on-ramp provider. Once you have your ETH, click 'Buy BCOR' to seamlessly swap it for BCOR tokens on Bluedex.
Already own ETH and want to bridge it? Even better! Follow our detailed bridging instructions below to get started.
How to Buy
Connect your wallet and select the amount of ETH for the swap (leave some for gas fees).
STEP
02
Choose BCOR from the token list and confirm the swap. Verify the official contract using the smart contract address:0x142592F9E9A9cDeA6C1167FfcEaE0Fcfb3E7eA97
STEP
03
Import BCOR to your wallet using the token address: 0x142592F9E9A9cDeA6C1167FfcEaE0Fcfb3E7eA97. Confirm to view your BCOR balance.
STEP
04
How to Bridge
Create a new ERC-20 address on a web wallet like MetaMask or Coinbase De-Fi Wallet and send Ethereum to your wallet, starting with a small test transaction for verification.
STEP
01
Add Base Mainnet to your wallet following instructions in the Base Documentation (https://docs.base.org/using-base).
STEP
02
Switch to Ethereum Main Network within your wallet.
Use the official Base bridge (https://bridge.base.org/deposit) to bridge your ETH to Base Chain Mainnet.
STEP
03
Specify the amount, confirm the deposit, then switch your wallet to Base Mainnet.
STEP
04
Choose a web wallet like MetaMask or Coinbase De-Fi Wallet and create a new ERC-20 address.
1. Set Up Your Wallet:
Send Ethereum to your wallet. We suggest conducting a small test transaction first to ensure everything works smoothly.
2. Transfer Ethereum (ETH):
Incorporate Base Mainnet into your wallet. For step-by-step instructions, refer to the Base Documentation https://docs.base.org/using-base.
3. Add Base Mainnet:
- Switch back to Ethereum Main Network.
- Bridge your ETH to Base Chain Mainnet using the official Base bridge https://bridge.base.org/deposit.
If you have chosen coinbase De-Fi wallet then there is a bridge option featured at the top that's great and easy to use so you can skip to Step 5
4. Bridging to Base Chain:
- Follow the prompts on the bridge website: connect your wallet, specify the amount to swap, and confirm the deposit.
- After depositing, switch your wallet to Base Mainnet. Your ETH will convert to Base Mainnet ETH typically within 5 minutes.
5. Bridging continued:
Remember, cryptocurrency transactions can be complex. Always do your research (DYOR) and proceed cautiously. Be particularly careful when using third-party bridges and platforms.
Note:
Detailed Bridging Instructions
Transaction Tax Breakdown
When you buy or sell Bluecore tokens, a transaction tax is applied. This tax serves multiple purposes, benefiting both the operational aspects of the project and the stability of the token's price.
Operations Portion (2%)
Out of the total transaction tax, 2% is allocated to fuel the project's operations. This portion ensures that the ecosystem operates smoothly, covering essential expenses such as development, wages, marketing, and partnerships. By having a steady flow of funds for operations, Bluecore can continue to innovate, expand, and bring exciting and innovative features to the community.
Liquidity Pool Enhancement (1%)
The remaining 1% of the transaction tax is directed towards enhancing the Liquidity Pool (LP). The LP is a reserve of tokens that backs the trading activities on various platforms. By bolstering the LP, Bluecore ensures a more stable trading environment, minimising price fluctuations and providing better liquidity for traders. This portion contributes to the token's overall stability and can be instrumental in maintaining a healthy price trajectory.
Overall Impact
As users engage in buying and selling Bluecore tokens, the transaction tax simultaneously supports the project's ongoing operations and strengthens the LP, creating a mutual relationship that benefits both the community and the project itself. This unique tax structure adds value to the token and contributes to building an ecosystem where growth and stability coexist.
By splitting the transaction tax into these portions, Bluecore ensures a balanced approach that fuels its progress while safeguarding the interests of its holders. The result is a dynamic ecosystem that stands poised for continuous innovation and success.
Tokenomics and Utility
The Bluecore token's utility is on the rise. As projects join our platform, they breathe life into our token. Their success boosts token demand and energises project growth.
Transparency and Governance
Positive transparency is our guiding principle. Tax allocations are transparently tracked and managed. We're exploring ways to empower the community in crucial decisions.
