OptimusCat (OPCAT) is a deflationary cat token that is founded to protect all meme communities. This is a meme token inspired by Elon Musk’s AI-driven robot Optimus. Artificial intelligence-driven services facilitate machines to understand with experience and adapt to advanced and human-like inputs.
The symbol for the OptimusCat token is $OPCAT. The $OPCAT token aims to be deflationary by distributing a portion of the transaction cost to the holders. Further, OptimusCat aims to provide a passive income for everyone owning $OPCAT. Additionally, there is a fee on every transaction that is used for growing the community and for marketing purposes.
According to the whitepaper, of the total fees, a portion is added to the liquidity pool to reduce volatility. That is done to make OptimusCat more liquid and attract large traders. Ultimately, 1% of the token is burned, making the $OPCAT deflationary. The burning involves sending the tokens to unusable wallet addresses to remove them from circulation.
In order to reward the token holders, 2% of the 10% transaction fee is distributed to all token holders. As a result, holders of $OPCAT tokens get more tokens just for holding the token. This reward is proportional to how many $OPCAT tokens they have. Also, the project has renounced the ownership of the smart contract. These are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.