Forge Finance
  • 🤝Welcome! Start Here
  • What Is Forge DAO?
    • 🗣️Our Mission
    • 🏦Forge DAO Structure
    • 🧐How To Participate
      • 🫂Join Our Community
      • 🪙Buy $FORGE Tokens
      • 🗝️"Access Key" NFTs
    • ⚒️"The Forge"
    • 🤝Meet The Team
  • 🧰Our DeFi Toolbox
    • ⚒️Tools Overview
    • 🪙$FORGE Token
    • 🛡️$GUARD Token
    • 💹Forge NFT Marketplace
    • 📊Governance Voting
    • ⚔️KnightSwap Ecosystem
    • 🧙‍♂️Wizard NFT Ecosystem
    • 💰The "Gold Mine"
      • 🖇️The Underpinnings
      • 👨‍🌾Yield Farming 101
      • 🪙The "Gold Mine"
  • 🔐Safety & Security
    • 🤓Notes From An Expert
    • 🔌Your Crypto Device(s)
    • 📩Security Software
    • 🗳️Wallets
    • ↔️Sharing Information
    • 📲Telegram & Discord
    • 🆘How To Request Help
  • 🌐NFT Ecosystem
    • 📔Non-Fungible Tokens
    • 🖼️NFT Marketplace
    • ⚒️Forge Utility NFTs
    • 🧙‍♂️Forge x Wizard Alliance
      • 👨‍🌾NFT Farms
      • ⚒️NFT Forge
      • 🏦NFT Pools
      • 💸Mana Pools
      • 🚀Launchpad
  • 🔗Official Links
    • 🫂Telegram
    • 📣 Announcements
    • 🐦Twitter
    • ✍️Medium
    • ⏯️YouTube
Powered by GitBook
On this page
  • How Does Forge Finance Use $GUARD Token?
  • Tokenomics & Contract Information
  1. Our DeFi Toolbox

$GUARD Token

Previous$FORGE TokenNextForge NFT Marketplace

Last updated 2 years ago

How Does Forge Finance Use $GUARD Token?

Our smart contract has a built in tax that buys $GUARD and sends it to a treasury wallet on every buy or sell of $FORGE. We chose to include this tax to provide direct support to $GUARD and WolfDenLabs, as well as build our reserves in a sustainable treasury asset we believe in long-term.

Tokenomics & Contract Information

Supply: Low supply, 50,000,000 $GUARD, the total supply is in circulation, no tokens have been burnt at this time. There is no ability to mint additional tokens, $GUARD is fixed at 50 million and was designed to be deflationary at scale.

Taxes: 1% tax which is taken out of circulation

Deflationary Mechanisms: Guard has a 1% tax on DEX. Above 1 billion dollar market cap this supply is burned/taken out of circulation.

Additionally, profits from the Wolf Den and partners are used to buy back $GUARD which is also burned over 1 billion market cap.

KnightSwap our partner DEX also returns trading fees that are earned (.03% of each transaction of $GUARD) which are also taken out of circulation. Chain: BNB Chain (BEP-20) Name: Guardian

Ticker: $GUARD

Contract:

Chart:

🧰
🛡️
0xf606bd19b1e61574ed625d9ea96c841d4e247a32
https://www.dextools.io/app/bsc/pair-explorer/0xfc84b031a5221ced00b6470744af5e5da5710ddc