The founders of the Leprechaun Token (LPC) have introduced an automated cryptocurrency prize pool and a Telegram-based dashboard. With a growing community of over 800 holders and a listing on CoinMarketCap, LPC aims to offer an exciting experience for enthusiasts of smart contracts. The automated prize pool system is designed to reward traders who buy and hold LPC. Since its launch in early June, this feature has distributed more than $15,000 to winners. The newly launched dashboard will provide various functionalities, including a web wallet, game competitions, and additional features for the community.
Introducing the “Pot of Gold” Feature
A standout innovation of the Leprechaun Token is its built-in automated prize pool function, known as the “Pot of Gold.” This feature is integrated into the project’s contract, adding a layer of excitement for traders of LPC tokens. The project applies an 8% tax on every buy-and-sell transaction. Half of this tax revenue is allocated to the Treasure Pot, while the remaining 4% is directed to the Liquidity Pool and the marketing fund. This approach incentivizes traders to hold onto their tokens and engage in continuous trading to potentially earn rewards.
Each transaction, whether buying or selling, contributes to the prize pool. When the system accumulates a specified amount of tokens from taxes, it triggers a sell transaction. At this stage, the SwapAndLiquify function is activated, which exchanges tokens for BNB and adds the proceeds to the Treasure Pot. If there are no new purchases for a certain period, the last 100 buyers share the reward from the Treasure Pot.
Enhancing User Experience with a Telegram-Based Dashboard
A core component of the Leprechaun Token project is its user-friendly dashboard accessible via Telegram. The dashboard, branded as @LpcTipsBot, allows users to manage their Web Wallet, access the Swap/Buy Center, and participate in games, raffles, and competitions. This feature aims to provide a transparent experience by displaying information on previous winnings.
Users can conveniently purchase Leprechaun tokens using credit or debit cards and trade them within the platform. The LpcTipsBot is a tip bot exclusive to Telegram, supporting LPC token transactions on the BNB network. To utilize LpcTipsBot, users must first add it to their selected group, where the bot will automatically charge a $1 equivalent gas fee for withdrawing tokens to a BEP-20 wallet.
Testing the LpcTipsBot system is also possible within the official Leprechaun V2 Telegram group, allowing users to familiarize themselves with its functionalities.
A Thrilling Venture in the Web3 Space
The launch of Leprechaun Token’s automated prize pool and Telegram-based dashboard marks a significant step forward in the Web3 space. By integrating innovative features like the “Pot of Gold” and providing a seamless user experience through the Telegram dashboard, LPC aims to attract a diverse group of Web3 enthusiasts. The project’s strategy of rewarding traders for their participation and holding of tokens is designed to foster a vibrant and engaged community.
As the Leprechaun Token continues to evolve, its emphasis on enhancing user experience and providing transparent, rewarding opportunities sets it apart in the increasingly competitive cryptocurrency market. With its unique approach to incentivizing trading and holding, combined with the convenience of a Telegram-based dashboard, LPC is poised to make a significant impact on the Web3 landscape.