BuyTruth is a unique cryptographic token designed to promote long-term holding. Inspired by Proverbs 23:23, the token rewards genuine believers and long-term holders, while discouraging short-term profit seekers through a penalty mechanism.

BuyTruth is built with a dual mechanism of penalties and rewards. The token encourages long-term holding by applying penalties on transfers made within 90 days of acquisition. Additionally, part of these penalties goes into a rewards pool, which long-term holders can claim from, further promoting commitment.

If a user tries to transfer or sell their BuyTruth tokens within 90 days of acquiring them, they incur a penalty. This penalty is highest on day 1 (50%) and decreases linearly until day 90, where it becomes 0%.

Example:

If a user tries to transfer or sell their BuyTruth tokens within 90 days of acquiring them, they incur a penalty. This penalty is highest on day 1 (50%) and decreases linearly until day 90, where it becomes 0%.

Example: If Alice wants to transfer 100 TRUTH tokens on the same day she bought them, she'll incur a 50% penalty on her balance. This means an additional 100 tokens will be deducted from her wallet as a penalty when sending 100 tokens. If she waits until day 45, the penalty drops to 25%, so she'd be penalized 50 tokens on a transfer of 100 tokens.

The penalized tokens are distributed as follows:

• 45% goes into a rewards pool for long-term holders.
• 30% is burned, reducing the total circulating supply.
• 15% goes to a charity address, which will be used to fund Kingdom focused works. Community will get to participate in where the funds go.
• 10% goes into a Dev Fund, which may be used for marketing to promote the project.

Eligible holdings are the total number of tokens that you've purchased that have never used to claim rewards.

When you claim rewards using your eligible holdings, your eligible holdings are reset to zero. (Your total balance remains intact and would actually increase by the reward tokens you claimed.)

Eligible supply is the total number of tokens that all holders have purchased that have never been sold or used to claim rewards. You can think of it as circulating supply minus the tokens people have used to make rewards claims.

A portion of the penalties (45%) goes into a rewards pool. Token holders can claim rewards from this pool based on their eligible holdings share of the eligible supply. 

Example: Let's say the rewards pool has accumulated 1000 TRUTH tokens from penalties. If Charlie's eligible holdings is 1% of the eligible supply of BuyTruth tokens, he can claim 10 TRUTH tokens (1% of 1000) from the rewards pool.

When you claim rewards, they are transferred to your wallet's total balance of TRUTH tokens. However, do note that claiming rewards resets your 90-day holding counter. This means that if you try to transfer tokens after claiming rewards, you might incur a penalty based on the new holding duration.

We've taken several measures to ensure the safety and trustworthiness of BuyTruth:

• Immutable Contract: Once launched, the contract can't be altered.
• Locked Liquidity: Liquidity tokens will be locked using the UNCX Network, ensuring liquidity remains intact.
• Renounced Ownership: Post-launch, the ownership of the contract will be revoked, ensuring a fully decentralized system.
• Fair Launch: No insiders, including developers, will be able to purchase tokens before the official launch. It's a first come, first serve system.

The entire token supply will be added to a liquidity pool upon launch. The developers will not retain any tokens, ensuring there's no undue influence or potential for a token dump on users.

Yes, you can buy and sell BuyTruth tokens anytime on the supported exchanges. However, selling or transferring within 90 days of acquiring them will trigger the penalty mechanism. The longer you hold, the lesser the penalty.

We recommend reading our whitepaper for a deep dive into the mechanics and principles of BuyTruth. You can also join our community Telegram channels or on X (@BuyTruthSellNot) for updates and discussions.