Announcing: Diamond Moon ($DMOON)

Diamond Moon
3 min readMay 10, 2021

a novel DeFi protocol that only rewards diamond hands

What is Diamond Moon?

Safemoon is broken.

Safemoon popularized a novel DeFi protocol that rewards holders with passive yields and growing liquidity.

However, Safemoon only rewards INSIDERS who bought early (for cheap) rather than the diamond handed supporters from the community.

How do we fix this?

‍Diamond Moon ($DMOON) FIXES THIS ISSUE by introducing two new mechanics to punish sellers and REWARD HODLERS.

⛔️ SELLERS BLACKLISTED — any wallet that sells or transfers DMOON is blacklisted from passive rewards forever. Instead, their rewards get distributed to HODLERS who have never sold or transferred tokens.

💰 ZERO TAX FOR HODLERS — any wallet who holds DMOON for 30 days or more without selling or transferring tokens can sell or transfer with 0% tax, rather than the 8% tax which normally goes to liquidity and DMOON holders.

Our core mission statement is this:

‍💎 Diamond-hands and loyal supporters WILL be heavily rewarded!

💩 Paper-hands and traders are NGMI.

The Diamond Moon Compounding Effect

Diamond Moon’s unique features work together to exponentially increase your token holdings if you hold for 30 days.

How?

First you gain the extra rewards from those who sold or transferred.

Second, because you do not have to pay a tax on that 8% when you do sell, your earnings are compounded.

* Assumptions of this model: $10M daily volume (based on 25% of SafeMoon’s current volume) and 40% of wallets sell or transfer their tokens at some point in the first 30 days

How To Get Started With Diamond Moon

1. Create a Binance Smart Chain Wallet 💡

Create a MetaMask wallet (or any other web wallet) and connect to Binance Smart Chain. See this guide for step-by-step instructions.

2. Transfer BNB to your BSC Wallet 🤝

Transfer BNB from Binance to your MetaMask for TrustWallet address. See this guide for instructions.

3. Buy DMOON on PancakeSwap 🥞

After setting up your wallet, head over to our official PancakeSwap exchange page and swap BNB for DMOON.

4. Have Strong Diamond Hands 💎

That’s it! Your DMOON tokens will continue to grow in your account over time simply by holding. You can buy more at any time, but if you sell or transfer your tokens, then your wallet will no longer receive rewards.

If you hold for 30 days or longer from your first buy, you’ll be able move and sell tokens without paying any tax!

In the meantime, join our socials below and support your Diamond Moon community!

DMOON TOKENOMICS

  • Liquidity: 700,000,000,000,000 DMOON (70%)
  • Burn Wallet: 280,000,000,000,000 DMOON (28%)
  • Dev Wallet: 2,000,000,000,000 DMOON (2%)
  • Total Supply: 1,000,000,000,000,000 DMOON

Token Tax: 8% — split between holders and protocol liquidity.

Tokens will be burned at KEY PROJECT MILESTONES (e.g. holder counts and market cap thresholds!)

DMOON SOCIALS

💎 Website: diamondmoon.io

🐦 Twitter: @DiamondMoonbsc

💬 Telegram: @diamondmoon_bsc

🥞 PancakeSwap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x1a6cf506f88c93791c9941378a16b7610fbf756c

--

--