POM (POM)
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About POM
POM is a meme-inspired cryptocurrency operating on the Binance Smart Chain (BSC). In the project's description, it introduces a Triple Pool Mechanism applied to meme coins for the first time, pairing POM with WBNB and USDT to enhance liquidity and facilitate seamless swaps. The tokenomics include a total supply of 1 billion POM tokens, with a 0.6% transaction fee distributed as follows: 0.4% to the BNB floor pool, 0.1% for buyback and burn, and 0.1% for project development. POM aims to engage the community through NFT launches, meme competitions, and strategic partnerships, with plans for major exchange listings and the development of a dedicated decentralized exchange for meme tokens.
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Frequently Asked Questions about POM
What is the POM token?
POM is a meme coin on the Binance Smart Chain, introducing a Triple Pool Mechanism for enhanced liquidity and seamless swaps.
What is the Triple Pool Mechanism?
POM aims to create a pool of three cryptocurrencies with WBNB and USDT to power seamless swaps between POM/WBNB and POM/USDT, enhancing liquidity and trading options. This feature is not live yet.
Where can I buy POM tokens?
POM tokens can be purchased on decentralized exchanges like PancakeSwap and Matcha (BSC). Ensure you have BNB in your wallet to cover gas fees for swapping POM.
What is the best wallet for storing POM tokens?
POM tokens can be stored in BSC-compatible wallets such as Bitcoin.com Wallet, MetaMask, Trust Wallet, or Binance Chain Wallet.
What is the transaction tax for POM?
Each POM transaction incurs a 0.6% fee, allocated as follows: 0.4% to the BNB floor pool, 0.1% for buyback and burn, and 0.1% for project development.
What are POM's future plans?
POM plans to launch NFTs, engage the community through competitions and airdrops, form strategic partnerships, and develop a decentralized exchange for meme tokens.
Is POM a good investment?
As a meme-inspired cryptocurrency, POM's investment potential is speculative and depends on market trends and community engagement. Traders should conduct thorough research before investing.