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:
Auto-liquidity: The contract provides additional liquidity periodically.
Rewards: The contract automatically sends out BNB to all users that own XLD. The amount received depends on the amount of XLD tokens they own and the size of the BNB pool.
Re-invest: Users can optionally allocate a portion of their BNB rewards to be automatically re-invested into XLD tokens. The XLD tokens are automatically sent to the users' wallets.
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
Visit the Stellar Diamond community channels to stay up to date: