PRESS RELEASE: Lazer Eyes Token to Launch on 8/29/2021: Immediate Utility with Hard Cap and High Burn Rate

The Lazer Eyes Token (LZR) will be launched on 8/29/2021with a hard cap and a high burn rate designed to encourage deflationary incentives for holders who want to see the value increase over time. Find us on Pancake Swap, contract address 0x967d417ed58efb0c428f3f4c8514038ff1e93200.

Created by an experienced team of developers, this token offers immediate utility with no presale stage, making it fair and accessible to all. The coin’s structure is designed to give investors a chance at significant returns while still maintaining stability in the market.

There will be a total of one trillion tokens created, with no future minting available. 30% of these tokens will be burned on day one, which is designed to demonstrate the founders’ dedication to deflationary incentives. The hard cap and the token’s fast burn rate, at 2% per transaction, are designed to encourage token holders to HODL and see the coin’s value increase over time.

Furthermore, LZR is an auto-staking token, which means that you will earn more tokens simply by holding it.

“LZR is founded on a strong and fast-growing community, sophisticated source code, burning and redistribution strategy, an experienced marketing team, and philanthropy,” said LZR’s founders in a statement.

“LZR believes in being socially responsible to help give to those in need. To start, LZR will donate 1% of all transactions to charities helping the blind,” it added.

LZR is a BEP-20 token built on Binance’s blockchain — The Smart Chain, which differs from Ethereum’s ERC-20 in keyways related to speed and decentralization. The Smart Chain is widely considered more efficient than Ethereum because the former can process transactions faster and at lower fees.

“LZR is here for the long term,” said the founders, “Developers have future functionalities planned to increase the sustainability and value of LZR. Only those who HODL will be rewarded.”