Stellar Diamond
Stellar diamond is a deflationary token that aims to introduce a constant and passive income to all XLD holders through staking.
What is Stellar Diamond?
Stellar Diamond is a community driven project that is based on a BSC token called XLD. The project involves a very unique process that is fairly new in the BSC ecosystem. This process consists of four main functions:
  1. 1.
    Auto-liquidity: The contract provides additional liquidity periodically.
  2. 2.
    Rewards: The contract applies taxes to every transaction that it uses to fund the Starlink dapp which rewards all holders through staking.
  3. 3.
    Re-invest: Users can optionally turn their rewards into more XLD that are automatically staked to one or more pools.
  4. 4.
    Gradual buybacks & burns: The contract gradually buys XLD tokens and burns them. This increases the price and reduces the available supply.
The $XLD token achieves the above functions by applying a 9% tax on every $XLD transaction made in the blockchain. The funds from the taxes are then used for three distinct purposes:
  • 3% is used to add additional liquidity into the PancakeSwap pool.
  • 6% is used to fund the BNB reward pool.
  • An additional 2% tax is applied when selling
The contract is verified on BSC scan and the address is: 0xDaf4F11947E73f0eeBEf4a820f4Be9B854aa993B
For more information about staking and rewards see the Starlink page.
Visit the Stellar Diamond community channels to stay up to date:
Last modified 1mo ago
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