interesting Smart Contract with a really unique idea

This one is the first I have seen in a while that is a bit different. Found it while scanning through new contracts on Bscscan for a punt. Its about a day old but it seems that was presales.

It looks like MLM programmed into a smart contract ha ha. .They call it Debt Protocol. I dont quite understand the mechanics of it except that it looks like MLM with 5 tiers etc and only 2% tax.

My only concern is there is a holder there with 5%. Hoping with such a unique idea, they won't orchestrate a rug pull. Price is falling quite badly now, already down 50% from launch price so...i dont know, but it is quite an innovative contract.

Take a look yourself:

Tax/slippage: 2%

Current market cap: 500k

Holders: 710

Chart: https://www.dextools.io/app/pancakeswap/pair-explorer/0xd225d7e6f534c7ba9c3686c27e0657711dfcbc6c

Website: https://debt-protocol.gitbook.io/debt-protocol/




This is not financial advice, do your own research.

I will pass.

onlinemarketer12 said:

I will pass.

Click to expand...

Might be a good decision, the price is tanking real bad. Was just the interesting nature of the contract that piqued my interest.