Members of the legendary hacker collective Anonymous are moving into Decentralized Finance with a new crypto ecosystem, powered by the $ANT token. This is a project that has been in the making for many months, and is finally approaching its launch date of December 20th.
At 7:00 PM UTC on December 20th, you’ll be able to find the $ANT on PancakeSwap and Trust Wallet on the Binance Smart Chain network. When the token begins to trade, holders will receive a portion of the trading fees, which will earn them a passive income. Once Anontoken reaches a $5 million marketcap, the team will release an NFT collection featuring a variety of different characters from the news that holders will be able to mint. This is a fair launch project with no whitelist, so everyone will have an equal chance to get involved.
This project is driven by the Anonymous community which has given a voice to the people of the world and kept a watchful eye over the internet for over a decade. The growing surveillance state and the corruption of the banking elite were two of the main issues that Anonymous rallied around in the early days of the movement, and blockchain technology is a useful weapon in the fight against these two evils.
This is why Anonymous has chosen to release the Anontoken to grow a DeFi ecosystem that can provide privacy from the surveillance state while also taking away power from the bankers that keep the world in war and poverty. After the launch of the token, the team will continue to build and provide utility for the community. We will also be open to input from the community about the best direction for the project via decentralized governance.
Mike Lawrence, one of the developers behind the project explained the importance of liquidity providers for the project’s longevity.
“We understand that liquidity providers will help to foster project longevity and direct any initiatives that the Anontoken propagates in the future, so distribution will also take a 5% buy/sell fee to ensure considerable LP acquisition and facilitate token trading,” Lawrence said.
There are also mechanisms put in place to prevent whales from gathering too much of the supply at launch, or from selling more than .1% of the total supply at once. Anti-sniper bots will also be in play for the launch, to ensure fair participation for all investors.
Lawrence also said that the project does not currently have any burn mechanism, but if the team and community decided that it was necessary in the future, they could easily send a portion of the token supply to a burn address.
The smart contract for the Anontoken project has recently undergone an audit, and the results have been published on its website and social media channels. The full white paper for the project has also been posted on the website, along with further details on the road map, which includes token airdrops, NFT mints, and DeFi yield farms.