Token Security and Distribution

Token Security

GOOD token and ETH/GOOD Liquidity Pool contracts will be launched with PROOF platform (https://proofplatform.io/). The pool contract is designed to be able to access liquidity for GOOD token without the need for a centralized entity to facilitate the trades. Tokens launched via PROOF platform are built in a way that protects purchasers from the common scam tactics. Things like removing the liquidity, stopping sells, or infinite minting of supply — these are all impossible with PROOF. It means purchasers can buy more, with greater confidence. The “secret sauce” is in the way PROOF smart contracts are built. PROOF built guardrails into the contract that stops teams from being able to “hard rug” purchasers. Here are some measures: 🔒 Liquidity is locked for 365 days.

🔒 Liquidity is locked with team.finance when the token is opened for trading, meaning we can’t pull the liquidity for at least 365 days.

🔒 We can only allocate up to 10% of the supply to our “team wallet”, but we have no team allocation at all.

🔒 There’s no way for us to mint more tokens.

🔒 We can’t raise taxes past a certain threshold (10% for buys, 15% for sells — not including PROOF’s fee). Our taxes are only 5%. See the token specifications.

🔒 We cannot stop sells. PROOF contracts are also audited by Solidity Finance, giving purchasers additional peace of mind that there’s no bugs or vulnerabilities in the contract.

Token Distribution

The rate at which GOOD tokens enter circulation will be controlled by market demand.

(70%) Public sale (25%) Activity mining on GOOD Marketplace (5%) Reserve for airdrops and early supporters

25% of the total token supply can only be mined through charitable NFT transfers (with donation) on the GOOD Marketplace (based on the actual market price of the GOOD token).

Last updated