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Important
This token is not controlled by Stellarmint. The conditions of this token and the fulfillment of those conditions are determined by the person or entity that used Stellarmint to host this token’s Stellar TOML file. Please be careful and do your due diligence before interacting with any tokens issued on the Stellar network.

Token Name

Stellar Vault

Token Code

XLMV

Token Home Domain

stellarvaulttoken.stellarmint.io

Token Description

XLMV combines gold-like scarcity with the spendable nature of cash. With a limited total supply of 21 million coins, Stellar Vault is provably scarce and, like physical cash, can be easily spent. Transactions are fast with transaction fees typically less than a tenth of a cent. XLMV is primarily intended as a store of value comparable to Bitcoin, but without the high transaction costs and slow transaction speeds. Following protocol 18, XLMV is readily pooled.

Conditions of Token

Visit us at https://www.stellarvault.net for more detailed information.
On 11-12-2022, 10% of supply will be allocated to Stellar DEX's (StellarTerm, Stellarport, Interstellar, Nice Trade, etc.) at 0.01 XLM, all of the proceeds will then be committed to the XLM/XLMV liquidity pair (updated daily until an additional 10% of the supply is allocated). As supply sales are matched in quantity for liquidity pool allocation, ultimately (over time), an estimated 8,925,000 XLMV will reach the liquidity pool directly from the Genesis account to back all hodlrs. That's nearly 43% of the total supply. Subsequent token distribution will be tentatively announced prior to Q4, 2022 but it will certainly follow an incremental monthly distribution schedule. This will decrease inflation, increase scarcity, and simplify the task of liquidity matching (which must be done as close to real time as possible to match the price action of both assets (liquidity pair), in this case, XLM/XLMV.

About the Token Issuer

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Important
Stellarmint has not verified the accuracy of this information. Please be careful and do your due diligence before interacting with any tokens issued on the Stellar network.

Organization Name

Stellar Vault

Organization Description

Visit us at https://www.stellarvault.net for more detailed information.
On 11-12-2022, 10% of supply will be allocated to Stellar DEX's (StellarTerm, Stellarport, Interstellar, Nice Trade, etc.) at 0.01 XLM, all of the proceeds will then be committed to the XLM/XLMV liquidity pair (updated daily until an additional 10% of the supply is allocated). As supply sales are matched in quantity for liquidity pool allocation, ultimately (over time), an estimated 8,925,000 XLMV will reach the liquidity pool directly from the Genesis account to back all hodlrs. That's nearly 43% of the total supply, thus backed by liquidity and appreciation of the Lumen.

Email Address

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Physical Address

Houston, Texas

Twitter Account
@StellarXLMV