Similar to the popular SafeMoon protocol (this project was, after all, forked from SafeMoon), Angel Wing Coin aims to mitigate the bubble and its unavoidable burst caused by early buyers withdrawing their liquidity to cash in on profits. This is mitigated by the use of static rewards, or reflection.
The static rewards offered by ANGEL WING COIN are based on the volume being traded. These rewards, produced by part of the 12% transaction fee, encourages hodlers to not react to the typical FUD by reflecting an amount of tokens back to them that is proportional to the amount in their wallets. It also discourages whale events. Early adopters are encouraged to take only what is needed so that they can maintain a portion of their holdings to continue receiving reflections, not to mention helping a worthy cause.
As the ANGEL WING COIN LP increases, a solid price floor and cushion for holders is created in an effort to prevent large dips when whales inevitably sell their tokens.
The final feature of ANGEL WING COIN, and the heart of the project, is the creation of a charitable wallet from which tokens can be traded back into the liquidity pool for BNB and donated to deserving children-focused charitable organizations. Charitable donations will occur at a minimum of one donation per week and will be featured on the website in the form of a receipt, amount, and the corresponding blockchain transaction to maintain full transparency, as well as to let the community see the impact they are making.
SafeMoon is a great, well-thought-out project that the cryptocurrency community has latched onto, with good reason. The efforts made by their team and $BEE (the project they forked) provide hodlers with the added security they’ve been looking for in a token. The ANGEL WING COIN team decided to build on this effort and made additional updates to the solidity contract, including those recommended in the Certik audit. All changes are very clearly annotated in the verified smart contract, which can be found on bscscan.