PooCoin is a token built on the Binance Smart Chain. The PooCoin app offers charting and portfolio management services for the Binance Smart Chain, with the aim of enhancing the functionality of current DEX platforms.

PooCoin is a token on the Binance Smart Chain. The PooCoin app provides chart and portfolio management for the Binance Smart Chain and aims to improve on existing DEXes in several ways.

PooCoin has updated its application multiple times since its release to enhance functionality and introduce new features. For instance, it has implemented a feature that allows users to track a trade's progress by displaying entry points directly on the chart. PooCoin also offers a rug check feature to verify the integrity of a token. Additionally, PooCoin facilitates token swapping directly on its app and provides various useful tools for the BSC ecosystem on its external tools page. It also includes a dev wallet checker to identify suspicious developer actions such as rugs, slow rugs, and developer dumps.

In addition to these features, PooCoin offers premium features to coin holders. Holding at least $100 worth of POOCOIN/BNB liquidity in the pool allows users to track other traders' wallets and disable ads. Holding at least $300 in the liquidity pool enables users to display their trades and access the wallet transaction tab. Holding at least $2000 unlocks the final level, granting users the ability to view trending websites and tokens across multiple timescales and list the 100 most popular tokens.

The total supply of POOCOIN is 10 million tokens. 25% of the total supply is held in the deployer wallet. Each transaction incurs an 8% fee, with 4% being redistributed to holders and 4% being burned. The maximum amount of POOCOIN that can be traded in a single transaction is 100,000 tokens. This mechanism aims to establish price stability and create a deflationary dynamic, driving the token's long-term growth. Similar burn mechanisms have been adopted by other tokens to incentivize coin holding. Notably, Ethereum itself introduced burning transaction fees as part of its latest update.

POOCOIN is a BEP-20 token on the Binance Smart Chain (BSC).

BSC employs the proof-of-stake consensus mechanism to secure the network. Every 24 hours, 21 validators are elected to validate transactions and maintain the blockchain's security. These validators are required to stake a certain amount of BNB coins with Binance to be eligible for the role.

PooCoin was made available for general sale on March 7, 2021, on PancakeSwap.

POOCOIN can be purchased on PancakeSwap (V2). If you are interested in learning more about cryptocurrencies and how to get started with buying them, you can find further information in our education portal — Alexandria.