Condo is based on Nathan, the founder of Ondo Finance and inspired by BlackRock's RWA fund BUIDL, Condo is
the first memecoin based on Real-World Assets.
Ondo = Condo. As seen on memecoinseason.io
Condo implements a 3% tax on all transactions (buys and sells), collecting funds in ETH. This tax fuels strategic investments in top-tier Real-World Asset (RWA) protocols, generating interest for the Condo treasury. By doing so, we solidify Condo's role as a vital liquidity layer for the Real-World Asset ecosystem. Our goal is to build one of the largest and most robust treasuries in crypto.
Ranga
@ranga_thegingercat
Our mission is to invest in the future of real-world assets
(RWAs).
Here's how it works:
- Transaction Tax: A small fee (3%) is collected on both purchases and sales of the condo memetoken.
- Treasury Investment:
Condo is a liquidity layer for the entire RWA ecosystem. We're strategically investing our funds into leading RWA protocol products, such as:
•Tokens
•Tbills
•Lending pools
•Presales
In doing so, we're supporting top RWA projects and generating interest for our treasury. Our goal is to grow our treasury to 10s of millions of dollars. - Token Utility: While exploring all legal avenues, we don't intend to distribute yield directly as it could potentially classify CONDO as a security. As a utility and governance token, we're actively researching ways to involve holders in decisions. This could include voting and rewards for participation , buy back and burn , deflationary tokenomics, rewards for long-term holders of tokens, opportunities for holders of CONDO to get first choice in RWA projects and more. We're committed to exploring all viable options.
Total Supply
10,000,000,000(10B) $CONDO
Max Supply
10,000,000,000(10B) $CONDO
Circulating Supply
10,000,000,000(10B) $CONDO
Distribution
- 40% Liquidity Pool
- 50% Presale
- 5% Airdrop
- 5% Future CEX Listing / Marketing
$CONDO Information
-
Tax - 3% buy / 3% sell
-
No team allocation.
-
Initial LP token burnt; Token contract renounced.
-
ONDO = CONDO