Slayer Token

Slayer Token is a new type of token we call a Price Escalation Range Token. It is designed custom as a dApp only token and uses complex calculations for price adjustment based on volume.

Mechanical Inner Workings And Meta Mathematics Of Slayer Token:

Slayer Token is a Polygon chain cryptocurrency token platform that uses a new radical concept of Price Escalation and De-escalation as well as Reserve Price Escalation. Below you will find Important Terms and The full Fee breakdown.

Terms To Know:

• Market Price: The current price the token is trading at

• Reserve Price: The price the token is fully backed at. A hidden number which trails the market price and very slowly closes the gap between. Reserve Price cannot go lower. it only incrementally goes up.

• Price Escalation & De-escalation: Every whole token minted, the price escalates higher. Every whole token redeemed, the price de-escalates lower. Each transaction, the reserve price is growing stronger to back a minimum price

• Calamity Event: An event when price resets to Reserve Price upon Market Price reaching Price Cap and unlocks the next tier of Price Cap. Multiple Calamity Events will happen per cycle.

• Ragnarok Event: An event when Reserve Price reaches above 76.50% or higher of final market Price Cap and all Slayer Tokens are liquidated and can be exchanged for the Reserve Price value without any redeem fees or exchanged for Shadow Slayer Token with the 10% Mint Fee. After Ragnarok Event is completed, The Slayer Token is completely reset to launch price and the full cycle starts from the beginning.

Fees Breakdown:

Slayer Token MINT fee 15%

6.0% - LP 2.0% - NFT Holders 0.5% - Dragon Vault Referral 1.5% - Slayer Bot 1.5% - Dragon Bot 0.5% - Shadow Slayer Bot 3.0% - Team

Slayer Token REDEEM fee 10%

4.0% - LP 0.5% - NFT Holders 0.5% - Dragon Vault Referral 1.5% - Slayer Bot 1.5% - Dragon Bot 0.5% - Shadow Slayer Bot 1.5% - Team

Slayer ALTERNATIVE REDEEM fee 5% (Add Shadow Slayer Token MINT 10% as a separate calculation afterwards, Total Fee 14.5%)

0.5% - LP 0.5% - NFT Holders 0.5% - Dragon Vault Referral 1.0% - Slayer Bot 0.5% - Dragon Bot 1.5% - Shadow Slayer Bot 0.5% - Team

Custom Fee: 0.45 Matic for Mint and 0.30 Matic for Redeem.

Notice on Fees: For a promotional period from launch, Fees for Team have been reduced from 3.0% to 1.0% and 0.5% for Slayer Token Mint and Redeem respectively.

Slayer Ecosystem uses a dynamic Fee System. From time to time fees will be adjusted for special events to reduce fees to 1% or boost allocation for reserve price increase.

Due to the complex price per token calculations, keep the Mint/Redeem/Alt-Redeem below 30 Tokens per transaction to avoid transaction failure.