***ANNOUNCEMENT***
Introducing the world's first meme "non stablecoin" - 99 Cent Plus Coin (99PC)!
* Market pressures keep price close to 99 cents
* Only 99 Million coins minted so depeg UP is expected
* 0.1% reflection so loyalty rewards build up trustlessly
* Price floor of 0.99 USDT
* No price ceiling.
* Runs on
@0xPolygon
* Contract: 0xD98E5BDBb77c1bFeac4DD6d2f4D598c9a6D0Ab33
During a bear market it's smart to hold stable coins, but ask yourself - what is USDT or USDC doing for me? They are still subject to inflation and all the economic pressures that we all hate the old world of finance for. 99PC holds its value, but 0.1% of all coin movements are redistributed back to all holders giving you at least SOMETHING for being on the sidelines!
With the supply limited to 99 Million total/max, there will eventually be market forces that push price above 99 cents so the eventual rewards of holding 99PC instead of USDT or USDC are potentially exponential.
99PC isn't a stable coin since it's not pegged to $1 and there is a very likely depeg to the upside when supply runs out. So if you are holding a stack of USDT through a bear market or as a reserve, hold 99PC instead!
The coin is so memeish with a solid 1980's discount sale style logo and all that hilarity. Reserves are backed 1:1, but as the reserves earn interest, 99PC will buy
@GetRainCoin as its treasury reserve asset.
Links in the comments!