Token Specifications
The 5SKY token is a digital asset designed with specific attributes to ensure its seamless integration and functionality within the blockchain ecosystem.
Here's a comprehensive breakdown of its specifications:
Symbol: The token is represented by the ticker symbol 5SKY. This symbol acts as a unique identifier for the token, making it distinguishable from other tokens in the market.
Total Supply: The total number of 5SKY tokens that will ever be created is capped at 100,000,000,000. This fixed supply ensures that no additional 5SKY tokens can be minted or created in the future, preserving the token's scarcity and potentially adding to its value proposition.
Decimals: The token has been designed with 18 decimals. This granularity allows for fractional transactions of the token, facilitating micro-transactions and ensuring precision in token exchanges. A common standard in the Ethereum and BEP20 token ecosystem, 18 decimals means that the smallest unit of the 5SKY token is 0.000000000000000001 5SKY.
Network: 5SKY operates on the BEP20 standard, which is a token standard on the Binance Smart Chain (BSC). This ensures that the token inherits the security, speed, and low transaction fees associated with the BSC. Furthermore, being a BEP20 token means that 5SKY is compatible with a wide range of wallets, exchanges, and other smart contracts on the Binance Smart Chain.
In essence, these specifications not only define the core attributes of the 5SKY token but also ensure its interoperability, precision, and value retention in the decentralized finance ecosystem.
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