Project EROS

Rey Lorenz Cabañog
2 min readMay 8, 2021

Two young but experienced traders, crypto-enthusiasts, and student leaders co-founded the project. Web development, social media management, and marketing are handled by the rest of the team.

Automatic Liquidity staking is the one of the most valuable features of this token. As transactions happen on both the buy or sell, we are able to take a percentage of the tokens and stake them as liquidity for the exchange of EROS tokens.

This will avoid many of the problems that other tokens face, such as market volatility and whales selling causing excessive price drops, and will give investors trust in the project’s long-term viability.

EROS Token has a maximum supply of 5 billion. It processes with a 7% fee on every transaction. That fee is allocated as follows:

1. Liquidity Pool Generation — 5% of the fee collected in EROS will be locked in our Liquidity Pool.

2. Existing EROS Hodlers — 2% of the charge is allocated on a percentage basis to any wallet that carries EROS. The more EROS tokens you hold, the more you’ll get!

Whales are always part of the market, they will always remain as long there are people richer than us. Burning tokens won’t help us that much specially if the market cap remains the same. So, like all other cryptos we are indeed vulnerable to the world’s billionaires.

Question, how do we lessen the impact? We build the community, we teach them that the only way to defeat whales is to hold, and buy the dip. Whales makes money when they manipulate the market, initiating that looooong green candle causes FOMO that makes people buy, and that loooong red candle that causes FUD that makes people sell.

The only way to defend ourselves and the project from whales is to educate the holders, and/or the community.

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