SOFT

Chain: Ethereum Mainnet (for launch)

Total Supply: 1,000,000,000

Ticker: SOFT

Dividends: 

Any wallet that owns at least 100,000 tokens will receive dividends in ETH. The dividends come from a tax on any sell transactions of the SOFT token. They are distributed pro rata to token holders who have over 100,000 tokens

Token Burn:

 there will also be a token burn tax anytime someone sells the token a small amount of the token will be burned permanently reducing the supply of the token

Token Flywheel:

Softwealth the company will seed the initial liquidity pool on the DEX (decentralized exchange) where we launch the first trading pair of the token. The company will use proceeds from asset management fees it collects to purchase the SOFT tokens on the exchange. 

Airdrop:

An airdrop is when a token is automatically sent to wallets. If you are a Softwealth client and have assets under management with the firm you will receive 1 SOFT token per dollar under management as an initial airdrop. 

Ex: If you have an account with Softwealth with $100,000 in it, you will receive 100,000 Soft Tokens. 

On-going Airdrop:

Each year you will receive SOFT tokens in the amount of 1% of your assets under management with Softwealth. 

Ex: if you have $100,000 at the time of the snapshot you will receive 1,000 SOFT tokens in your wallet for that year.

New Asset Tokens:

Anytime you move new assets to Softwealth you will receive 10% of the amount in SOFT tokens.

Ex: you move $100,000 to a Softwealth high yield savings account, you get 10,000 SOFT tokens