Glowston

$GLON 389

$0.0...0575

0.00%

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BSC 0x9698Bb7572819Fb8Df523A899621B72E281AACb0

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Market Cap

$501

Volume 24h

Liquidity

$851.96

About Glowston

GlowstonGlowston token is a De-Fi project that aims to burn $LUNC and reduce its supply.and is designed to Reward $GLON holders in Luna Classic.And our goal is to establish a Decentralized exchange in future. we are here for the long term ,we will do everything possible to make $GLON to the top.🎁 6% Luna classic Rewards, 🔶2% Back to LP,🔒LP Lock for 2 years,🔥 LUNC Burn,🔍Audit.

Security Scan

Automated scan — always DYOR.

AI Analysis

Glowston ($GLON) is a decentralized finance (DeFi) project built on the BNB Smart Chain, designed to address the oversupply issue of Luna Classic ($LUNC) by burning a portion of it. The project incentivizes $GLON token holders with rewards in $LUNC while locking liquidity for 2 years and allocating 6% of transactions toward these rewards. Its long-term vision includes developing a decentralized exchange (DEX) to expand utility beyond mere token rewards.

Frequently Asked Questions

What is the market cap of GLON?

The market cap of Glowston is $501.

What does Glowston ($GLON) actually do beyond being a DeFi token?

Glowston combines several DeFi mechanisms: it burns $LUNC tokens to reduce supply, rewards $GLON holders with 6% of transactions paid in $LUNC, and locks liquidity for 2 years to ensure stability. Unlike typical meme coins, it integrates these features into a structured ecosystem aimed at creating long-term value for Luna Classic and its users on the BNB Smart Chain.

Who are the primary users Glowston seems to target?

The project appears to attract Luna Classic ($LUNC) holders looking for ways to reduce supply pressure and earn passive rewards. It also appeals to BNB Smart Chain users who value low-fee transactions and locked liquidity, as evidenced by the 2-year LP lock and 2% transaction back to liquidity providers (LP).

How does Glowston’s token economy work in practice?

Glowston distributes 6% of every transaction as $LUNC rewards to $GLON holders, while locking 2% of the transaction value back into the liquidity pool for 2 years. This mechanism aims to sustain token value by reducing $LUNC supply and ensuring long-term liquidity, though its success depends on active participation and eventual DEX development.

Token Stats

Chain BSC

Launch Date Sep 18, 2022

Age 3y

Decimals 18

Native Price 0.0...0885 WBNB

Holders 0

Contract

0x9698Bb7572819Fb8Df523A899621B72E281AACb0

24h Sentiment

1 Buys (100%) 0 Sells (0%)

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