White paper SpaceDust

Details:

Name : SpaceDust

Symbol : “SPDU”

Blockchain : Harmony

Max Supply : 44.000.000

Initial price : 0.00002€

Standard : HRC-20

Token growth mechanism : Stepwise bonding curve

The SpaceDust token is designed to be a simple token for the users of the sparkle wallet but it is

also designed to have interesting price movements due to the algorithm of the smart contract that

regulates it’s minting and burning process .

The token is minted by sending $ONE to the contract and the token sent to the contract are burnt

sending back $ONE everything at the current price of the token (that is calculated by dividing the

amount of value that the contract has by the circulating supply).

But in the price calculation there is also a mechanism that changes the price at which the tokens

are issued (minted) for every 0.1% of the max supply that is minted the issuing price rise by 30%

on top of the old price , and the process is reversed every time that 0.1% of the max supply is

burnt.