The Un-ruggable Locked Liquidity of Talkado

Talkado Protocol
2 min readAug 9, 2021

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Like most Crypto communities, the Talkado Project is specifically built on the Binance smart chain Network. Takada's main goal is to help solve two main challenges:

**Climate Change.

**Humanitarian crisis globally

To further buttress its emerging stance in the crypto market, the Talkado Platform has one unique feature that sets it apart. It has a locked un-ruggable liquidity.

What does this mean?

In simple terms, we all know the value of Liquidity to any Crypto platform. It indicates the ease with which such coins can be converted from cryptocurrency to cash. The higher the liquidity, the better.

To achieve a robust liquidity pool, firstly, 80% of the total fund from the coin sales will be sent to lockup liquidity.

Secondly, the Talkado Project will add 40% of the 10% tax to its liquidity pool for every transaction that takes place on the platform. The entire liquidity pool will be locked in a period of 5 years at the selected platform, eg, pancakeswap. Only the Talkado community can then decide on the amount to be released for future development and marketing of the Talkado Project.

It is important to note that these coins are locked in a contract, where they cannot be transferred, creating an ever-increasing amount of liquidity. They are locked in a dedicated wallet which is visible for all community members to see. The Binance Smart Contract locked stacking mechanism ensures a high return on every locked Talk coin within the smart contract.

The implication of the un-ruggable locked Liquidity of Talkado is that the “rug” cannot be pulled off our Liquidity pool, which can spell doom for any crypto project.

The biggest gainers will be the Talkado coin holders and the entire Talkado community. The idea is to build a robust Liquidity, that would enable us to achieve our main goal of helping to mitigate the effect of climate change and humanitarian crisis globally.

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Talkado Protocol
Talkado Protocol

Written by Talkado Protocol

Talkado is a community-driven, automated hyper-deflationary, effortless, and frictionless high-yield aggregation protocol.

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