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RedPanda Earth (REDPANDA) is a token on the Ethereum blockchain that aims to bring value to its holders while also working towards conserving the endangered red panda. The project utilizes various revenue streams, including taxes from buys and sells of the token, as well as fees collected from the Red Panda Pals NFT collection, to donate to organizations that support red panda conservation. Additionally, revenue is used for marketing, token development, buying back the token, and adding liquidity to the Uniswap pool.
The tokenomics of REDPANDA include a 5% tax on buys and sells, with 1% reflections and 4% allocated for donations, marketing, development, and buybacks. A total of 1,000,000 tokens have been created, with 59% of the supply burned. REDPANDA can be tracked on various sites, and holders can earn passive income by staking their tokens through the RedPanda Earth-branded staking domain, created in partnership with DAR LLC, with an APY of 8%.
Besides its crypto-related initiatives, RedPanda Earth has also created the Red Panda Pals NFT collection, with 10,000 NFTs representing the estimated number of red pandas living in the wild. Minting of the NFTs is available, and ongoing promotions are held. The project strives to make a difference by supporting red panda conservation through donations and marketing efforts and encouraging people to follow organizations that support red panda conservation, hold the REDPANDA token, and even consider adopting a red panda.
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