Connect with us

Hi, what are you looking for?

meme reflection hyperdeflationary tokens coins featured image
meme reflection hyperdeflationary tokens coins featured image

Coins

Reflection Tokens, Meme Coins and Lotteries

Introduction to self-generating DeFi tokens

There is a new development in town. Some may call it a hype or a meme, altcoin or impact token.

Most of these tokens share an interesting concept: reflection. It means that every transaction with one of these reflection tokens is ‘taxed’. In this article we will explain what is so cool about them.

First, we will explain what reflections tokens are, secondly how to buy them and what to look out for.

Finally, we will list several of the best reflective tokens in 2021, and will also include general meme coins and crypto lottery projects.

Reflexive tokens or reflection tokens (also called tax tokens) distribute a percentage of every transaction back to its holders. The mechanism encourages token holders to hold on to their tokens in order to earn taxes from the transactions on the market.

Therefore, you get more tokens automatically and thus gain a profit from holding the crypto longer.

What are reflection tokens?

It means that such tokens inhibit a reflexive relation.

In short, it means that the token ‘points’ to itself: a percentage of every transaction is used to fuel a liquidity pool and a part of that same transaction is used to distribute back to the holders.

Most of these token contracts employ a static reward system. The tokens are launched with the idea of creating a community token with a self generating income mechanism for its owner.

The static rewards system is a concept that was pioneered by reflect.finance.

Often such coins also implement other hyperdeflationary tokenomics like automatic coin burns and buybacks.

How to buy reflection tokens, meme coins and other altcoins?

First you need to create a wallet using a web wallet provider. After that you add the token you want to buy in the wallet. Click here how to add a custom token to MetaMask and TrustWallet.

After that you use the decentralized exchange Pancakeswap for Binance Chain-projects (BSC) or decentralized exchange Uniswap for Ethereum-projects (ETH) to buy your favourite DeFi projects or meme tokens.

Make sure to have the native coin (BNB for Binance, ETH for Ethereum) in your wallet. You need this to buy the actual token and for transaction fees.

Finally, on the exchange or decentralized exchange, select the token you want to buy. Paste the address of the token’s contract in case the token is not in the dropdown menu yet.

Check out the example for buying Bonfire below. More detailed information can be found via the token’s websites.

How to buy a coin on the Binance Smart Chain (BSC)

Step 1: Download Trust Wallet or use an existing wallet
Create a wallet if needed. Keep your seedphrase a secret! Never share it with anyone and store it properly.

Step 2: Add Bonfire to the Wallet
At the top, make sure you are on the network: Binance Smart Chain. Search for “Bonfire”. If it’s not there, tap “Add Custom Token” and paste in the contract address for your token.

In example, for Bonfire the contract address is: 0x5e90253fbae4dab78aa351f4e6fed08a64ab5590

Step 3: Buy Binance Smart Chain (BNB)
Buy BNB on Binance and withdraw it to your wallet, if you dont have it yet. You use this to buy the token and also for transaction fees on the blockchain.

Step 4: PancakeSwap
Navigate to PancakeSwap exchange and select the BONFIRE token. For newer coins, that are not in the menu yet you can paste the contract address of the token as well.

Step 5: Adjust slippage and swap
Click “Settings” at the top right and adjust the slippage. For Bonfire 12% works. It can be higher when there is more demand and thus more volatility.

Input the amount you want and buy your token!

Buying Shiba InuToken on the Ethereum chain (ETH)

Step 1: Download Metamask or use an existing wallet

Step 2: Add Shiba Inu to the Wallet

Step 3: Buy ETH to swap and for paying fees

Step 4: Navigate to UniSwap

Step 5: Swap ETH or any ERC-20 token for SHIB

OR

Navigate to a centralized exchange and buy SHIB there.

Most popular reflection tokens and meme coins in 2022

NFT-Art.finance meme token buy

NFT-Art.Finance

Launched: 419 days ago.

NFT-Art.Finance is building a NFT platform for audible and visual art that will empower artists, creators, and investors with easy accessible and safe tools. NFTART is the token for utility

Total Supply: 100 Quadrillion
Tax: 10%: 5% Liquidity and 5% Redistributed
Initial burn: 50%

Rainbow Token on BSC blockchain - reflection token - meme coin - logo

Rainbow Token

Launched: 271 days ago.

$RAINBOW is a hyper deflationary, multi-faceted token that employs 7 resilient protocols popular right now in crypto. These seven protocols give it a unique position in the market to weather any type of storm.

Rainbow Token also incoperates a whale tax. See the whitepaper for details.

Total Supply: 1 Quadrillion
Tax: 7%: 1% each for Burn, Buyback, Reflect, Charity, Liquidity, Marketing/Development and Lottery
Initial burn: 5%

Shiba Inu Token how to buy

Shiba Inu

Launched: 639 days ago.

Decentralized Meme Token that grew into a vibrant ecosystem. Growing 220k+ Community and currently the only Ethereum reflection token in this list. As a gesture 50% of total supply was send to the creator of Ethereum, Vitalik Buterin as a ‘Proof of Burn’. Meaning that as long he did not sell, it could only moon.

Instead Vitalik burned 90% of his received and donated 10% to charity in May 2021, making the most epic donation ever.

Total Supply: 1 Quadrillion
Initial burn: 50%

Buy Bonfire token 2021

Bonfire

Launched: 393 days ago.

Bonfire is a frictionless, yield-generating contract that allows you to seek shelter amidst the chaos of the market. Bonfire maintains the long-term goal of launching a decentralised social media platform.

Total Supply: 1 Quadrillion
Tax: 10% – 5% Liquidity and 5% Redistributed
Initial burn: 30%

What is your favourite token?

View Results

Loading ... Loading ...

lucky-block-icon-lottery-meme-token-logo

Lucky Block

Launched: 110 days ago.

Lucky Block is not a meme or reflection token but a lottery coin. The team believes the lottery should not be bound geographically or tied to local financial systems and created a lottery where every player has better win odds. Furthermore, Lucky Block incorporates returning 10% of NFT sales to the royalties wallet which also benefits holders.

Total Supply: 100 Billion
Tax: 12% on sell (4% lottery, 4% liquidity, 3% NFT & Gaming fund, 1% burn)
Burn structure: whitepaper

buy safemoon token 2021

Safemoon

Launched: 441 days ago.

The SafeMoon Protocol is a hyperdeflationary, community driven, fair launched DeFi Token. Three simple functions occur during each trade: Reflection, LP Acquisition, & Burn.

Total Supply: 1 Quadrillion
Tax: 10% – 2.5% Liquidity, 2.5% sold into BNB and 5% Redistributed
Initial burn: Safemoon does manual burns instead

Pitbull token where to buy

Pitbull

Launched: 425 days ago.


Pitbull is a self-staking token abandoned by its creator and from there on raised by the community. Half of the total supply has been burnt into a dead address in the beginning.

Total Supply: 100 Quadrillion
Tax: 4% – 2% Liquidity and 2% Redistributed
Initial burn: 50%

xxx-nifty-adult-nft-token

xxxNIFTY

Launched: 375 days ago.

xxxNifty is a adult NFT platform. NFTs allow fans a new and unique way to interact with their favourite Adult Content Creators. NSFW, its token, will grant users access to unique streams,content, and access to the adult content creators in a way that has never been done before.

For the first 100 NFTs sold, the price was in the range of $150 – $1400. If you use the NSFW-token you also get 10% discount.

Total Supply: 69.696.969.420
Tax: 10%: 5% Liquidity, 2% Burn, 2% Redistributed & 1% Marketing.
Initial burn: 35%

Reflection Token Gamer GMR Logo

Gamer

Launched: 380 days ago.

GMR is a crypto developed by gamers for gamers.
The registered company is building a product that unleashes the potential for crypto inside the gaming world and already has a partnership with Turopium.
Use GMR to receive exclusive NFTs from content creators or to tip friends and followers.

Total Supply: 1 Quadrillion
Tax: 10%: 3% Burn, 2% Liquidity and 5% Redistributed
Initial burn: 50%, Gamer.finance does manual burns only since.

For a more extensive list of Meme Tokens

Visit the dedicated page on CoinGecko

Contact Us

Does your favorite hyperdeflationary or reflection token need more visibility?


Risks when buying reflection tokens.

Please take caution when buying altcoins and meme tokens. There are always risks associated with smart-contracts.

Where there is money to be made, there are scammers as well. Always do your own research.

It is important is to make sure liquidity is locked and the contract cannot be rugpulled. Check this Rugcheck tool.

Last Updated on 17/03/2022 by Jeremy Timessen

7 Comments

7 Comments

  1. Merk

    30/03/2022 at 07:12

    Definetely need to look at zada.. I want my reflective token in something other than the native token.. Zada gives you cardano.. Cardano is going to 10$ by 2024 imho..With that being said The zada project is a portfolio builder with no developer wallet which shows me the devs are investing just like me.. great project zadauniverse.com

    • Jeremy Timessen

      03/04/2022 at 00:13

      There are more projects like this, CardanoEVO being one of them. Good tokenomics choice but not many of these tokens will survive.

  2. Meta

    21/02/2022 at 10:21

    METABSC is the best thing when it comes to reflection.

  3. steve

    23/01/2022 at 18:21

    i hold a number of reflection tokens but you dont seem to have xeeb here, it pays 10% busd rewards,

  4. Albert

    24/12/2021 at 07:59

    Please take a look at Earnable. Holding $EARN means giving 20+ of your favorite crypto reflections on your choise
    Total Supply: 1 Billion
    Tax: 15% total tax, 13% crypto rewards, 1% $EARN rewards, 1% liquidity

    • Staff

      24/12/2021 at 09:19

      There also seems to be an Earnable v2 on Coinmarketcap. Could you elaborate on this?

      • Albert

        24/12/2021 at 16:41

        This is the same coin.
        We was moving over to the new upgraded Earnable 2.0 contract on 15th Oct, enabling Earnable to grow and become more successful than ever, empowering partnership and driving the project forward.

        There are a many reasons for us moving to a new contract:
        1. Fix the issue of the reward.
        2. Enable Swapable – allowing us to partner with proven and successful projects to enable Earnable holders to claim directly in the given token.
        3. Allow specific contracts to be exempt from the max wallet limit. This will allow us to continue staking, farming and other great passive income features in the future.
        4. Enable auto-reinvest allowing Earnable holders to reinvest their rewards with the click of a button.

        Plus more day to day maintenance functions that will help us stay safe and secure.

Leave a Reply

Your email address will not be published.

Related

Advertisement
celcius network ad 300 x 250
nexo cefi ref welcome bonus ad 300 x 250