Christmas Elf (cElf) is a jolly meme and a community token that runs on Binance Smart Chain. BSC is a blockchain network that works on dual-chain architecture and empowers the users to set up their DApp. The currency is a fork of MATIC rewards cryptocurrency that rewards its users in Binance USD (BUSD). Binance USD (BUSD) is a new USD-denominated stablecoin. The platform tends to be a new frontrunner in a seasonal meme coins area. However, Christmas Elf is a generous, cheerful giver that has decided to follow the path that seeks to bring smiles to the face of those who hold onto it and enjoy their rewards. Also, this asset was inspired by the Santa Coin. Santa Coin is a DeFi and NFT P2E ecosystem and offers multiple rewards to users.

Additionally, for longevity, the network burns the initial liquidity pool token. Liquidity pool allows users to trade crypto on decentralized exchange (DEX) and DeFi platforms. Trust is important in the cryptocurrency industry, and Christmas Elf has completed the security audit successfully. The core team of this network is KYC by InterFi Network. InterFi Network aims to give fast and easy-to-understand smart contract security audits. A smart contract is a self-regulated contract with the term of the agreement between traders directly written into lines of code.

Moreover, the platform has a DApp to mint a unique Christmas Elf NFT. Minting is a method of producing coins for circulation or sale to collectors. The minting fees get used to buy back and burn cElf. Buyback means when a company purchases its shares to reduce the number of shares available on the open market. Coin burning permits users to remove tokens from circulation, reducing the number of coins in use.

Further, cElf is a deflationary token with 14% transaction fee split between BUSD rewards, a development wallet, and automatic liquidity pool generation.

The idea of Christmas Elf took place in November 2021. The maximum total supply of the token is 10,000,000,000,000,000 cElf coins.