Abstract
Unlimited Dollar (ULMD) is a community-driven meme token built on the Pulse Chain network, designed to combine the viral nature of meme coins with tangible utility and sustainable tokenomics. Unlike many meme tokens that rely solely on hype, ULMD incorporates deflationary mechanisms, automatic liquidity generation, and community rewards to create long-term value for holders.
This document outlines the technical specifications, economic model, and future development plans for ULMD, providing transparency and clarity for current and potential community members.
Introduction
The cryptocurrency landscape has seen an explosion of meme tokens, many of which lack fundamental value or utility. Unlimited Dollar (ULMD) aims to change this narrative by leveraging the Pulse Chain network's efficiency while implementing robust tokenomics that benefit long-term holders.
Why Pulse Chain?
Pulse Chain offers significantly lower transaction fees compared to Ethereum, making it ideal for a community-driven token where frequent transactions are common. The network's efficiency allows for innovative features that would be cost-prohibitive on other chains.
Problem Statement
Most meme tokens suffer from:
- Poor tokenomics with high inflation
- Lack of utility or real-world use cases
- Centralized ownership and control
- Rug pull risks and unscrupulous developers
- No long-term vision beyond initial hype
Our Solution
ULMD addresses these issues through:
- Zero transaction taxes for seamless trading
- Automatic liquidity pool growth
- Deflationary token burn mechanism
- Community governance and decision-making
- Transparent, renounced contract ownership
Vision & Mission
Our Vision
To create the most community-driven meme token on Pulse Chain that delivers real value and utility while maintaining the fun, viral nature of meme coins.
Our Mission
Our mission is threefold:
- Community Empowerment: Give decision-making power to ULMD holders through community voting and governance.
- Sustainable Growth: Implement tokenomics that incentivize long-term holding while gradually reducing supply.
- Ecosystem Expansion: Develop utilities and partnerships that increase ULMD's real-world usage beyond speculative trading.
Core Values
- Transparency: All contract code is verified and publicly accessible. Team holdings are publicly disclosed.
- Fairness: No preferential treatment for early buyers or team members. Everyone participates on equal terms.
- Innovation: Continuously explore new ways to add utility and value for the ULMD community.
- Fun: Maintain the lighthearted, engaging spirit of meme culture while building serious underlying value.
Tokenomics
ULMD's economic model is designed to create sustainable, long-term value through carefully balanced mechanisms.
Supply Distribution
- Initial Burn (40%): 400 million ULMD tokens were permanently burned at launch, creating immediate deflationary pressure.
- Liquidity Pool (50%): 500 million ULMD tokens were allocated to initial liquidity, locked for 1 year to ensure stability.
- Airdrops (5%): 50 million ULMD tokens reserved for community airdrops and rewards programs.
- Development Fund (5%): 50 million ULMD tokens allocated for future development, marketing, and exchange listings.
Deflationary Mechanism
ULMD implements a 1% burn on every transaction, permanently removing tokens from circulation. This gradual deflation increases scarcity over time, benefiting long-term holders.
Liquidity Generation
1% of every transaction is automatically added to the ULMD/PLS liquidity pool, creating ever-deepening liquidity and price stability.
Technology
Smart Contract
ULMD is implemented as a PRC-20 token on the Pulse Chain network. The contract includes:
- Standard PRC-20 functionality
- Automatic burn mechanism (1% per transaction)
- Automatic liquidity generation (1% per transaction)
- Exclusion of contract address from fees
- Renounced ownership after deployment
Security Features
- Contract verified on Pulse Chain scan
- Liquidity locked for 1 year
- No mint function to prevent inflationary abuse
- No blacklist function to ensure permissionless trading
- Comprehensive testing before deployment
Future Technical Development
Planned technical improvements include:
- ULMD staking platform with rewards
- Governance dashboard for community voting
- Cross-chain bridge to Ethereum and Binance Smart Chain
- Mobile wallet integration
- Merchant payment processing system
Roadmap
Q3 2023
Phase 1: Launch
- Token deployment on Pulse Chain
- Initial liquidity provision
- Community airdrop campaign
- Website and social media launch
Q4 2023
Phase 2: Growth
- PulseX listing
- Community governance launch
- First exchange listing
- 5000+ holder milestone
Q1 2024
Phase 3: Expansion
- Staking platform release
- Major exchange listing
- Mobile app development
- Merchant adoption program
Q2 2024
Phase 4: Innovation
- Cross-chain bridge deployment
- NFT collection launch
- ULMD debit card development
- 100,000+ holder target
Risks & Disclaimers
Investment Risks
As with any cryptocurrency investment, purchasing ULMD carries significant risks:
- Market Volatility: Cryptocurrency prices are extremely volatile and can fluctuate widely.
- Regulatory Uncertainty: Changing regulations may impact the value and legality of cryptocurrencies.
- Technology Risks: Smart contract vulnerabilities or network issues could affect ULMD.
- Liquidity Risks: Limited market liquidity may impact your ability to buy or sell tokens.
Disclaimer
ULMD is a community meme token with no inherent value or promise of returns. This whitepaper is for informational purposes only and does not constitute financial advice. Participants should:
- Only invest what they can afford to lose
- Conduct their own research before investing
- Understand the risks associated with cryptocurrency investments
- Be aware that the ULMD team is not responsible for investment losses
Transparency Statement
The ULMD team is committed to transparency:
- Contract ownership will be renounced after deployment
- Liquidity will be locked for 1 year
- Team token allocations will be publicly disclosed
- All contract code will be verified and publicly accessible