Good morning community here is the finer details of the migrat | WENLAMBO: Announcements 🚀

Good morning community here is the finer details of the migration that will be going live this week!! From here we will then progress to renounce ownership and become a COMMUNITY DRIVEN project where you as the community will decide upon future developments offered by the in Dev team

1. upgradable smart contract (upgrade can only be made upon running a proposal and if a proposal wins upgrade will be implemented)

2. we have removed the deflationary point (there is no automatic burns and no holder rewards, the reason behind this is that holder with majority of token will always get a bigger part of the reward, as we have launched our yielding farming contract we incentive long-term holder to stake token and get a passive income, keeping in mind that future development will increase incentives for people who staked their token (more to come), for what matter the burning we are working on the best solution to have a quarterly burn based on uses of wenlambo/fees)

3. we have added a liquidity transaction which will help to improve our liquidity and keep stable the token price by taking a percentage fees from buying and selling

4. we have removed the charity fees as not many charity would accept our token and this means that in order to donate price will drop as token need to be sold for BNB, instead we are going to run charity event to support people who more need.

5. transactions fees are different on buying and selling and this is to incentive people on buy and hold for long term profit instead of a quick turn