*The following token has a variable tax function on the smart contract to change tax rates post deployment. Do your own research and be careful if you are trading this token.
RoyalPay is an auto-staking and auto-compounding decentralised protocol, on the Binance Smart Chain, providing investors with a fixed annual yield of 480,810.4%. This is achieved by a sophisticated rebase mechanism. It also has a unique anti-dump shield, which helps protect the chart and in turn investors capital. All token holders receive rewards every 30 minutes, and the protocol is supported by the RLR and liquidity growth systems. The forefront of RoyalPay is to maintain a sustainable rewards model, whilst also providing investors with trust. Utilities will further build the $ROYAL ecosystem and provide inherent value, complementing the automatic rewards system. The staking rewards are automatic, and investors do not have to connect to any external DApp to begin staking, nor are the tokens locked for any period. However, RoyalPay has a DApp, where holders can track their holdings, previous rewards, and upcoming rewards. Connection of the wallet is not essential to utilise these functions. The anti-dump shield is a new feature amongst APY projects. This helps to sustain the longevity of the protocol. Holders are limited to selling 1-5% per 24 hour window. The daily sell allowance is changed by the team depending on the current chart conditions. For example, during a peak the allowance would be increased, but when the chart is struggling, daily sell percent would be reduced. RoyalPay believe this feature is a benefit to investors over the long-term, adding value to the ecosystem. Fees are charged to sustain the APY and ensure sustainability of the protocol. The fees can be dissected into 3 functions. Firstly, the royal longevity reserve, also known as the RLR, stores funds to maintain a price floor, when necessary. Secondly, trading fees are sent to the promotion and development wallet, which is used to pay for all marketing and additions to the RoyalPay ecosystem. Finally, the liquidity pool is maintained using our liquidity growth function. A large liquidity is essential for maintaining and supporting the rewards for holders. Royal’s liquidity is paired with BNB Smart Chain. (BEP20) There is a tax incurred of 12% for each buy order. The breakdown is as follows: 4% RLR, 6% promotion and development and 2% Liquidity Growth respectively. A transaction tax of 14% is charged during each sell. 5% is sent to the RLR, 7% promotion and development and 2% liquidity growth.
