Financial NewsGulag Token – everybody deserves a second chance at...

Gulag Token – everybody deserves a second chance at financial freedom

  • This article has been compiled to provide an introduction to the GULAGToken project and its structure, features, and mission.

Califonia, USA, 23 July 2021, ZEXPRWIRE, GULAGToken is a community-based Defi project which was fair-launched in July 2021. It provides all participants the power to self-govern major decisions regarding the token and its development. GULAGToken generates rewards to holders with its tokenomics and 11% static reflections. The main focus of GULAGToken is to give an ability for all holders to invest in themselves. Instead of taxes on each transaction, a locked charity wallet is set to hold 2.5% of the initial supply. The reflections this wallet receives will be used as donations that are verifiable on the blockchain and live-streamed once a month.

  • 11% of all transactions will be redistributed to all holders.
  • 4% of all transactions will pad the liquidity pool, enabling an increasingly stable price floor that is less affected by large sales.

Advantages of GULAGToken

  • Fair: 100% community Owned.
  • Safe: Rugproof Tokenomics
  • Secure: Verified Contract and Fully Audited by DesertFinance
  • Tokenomics: 15% transaction cost with an 11% reflection means more tokens in the wallet and 4% to the liquidity pool creates a stronger inherent value for new investors.
  • Rewards: 11% reflection is among the highest currently available in any reflection token on the market.
  • Charity: 2.5% for token development, 2.5% for project and marketing, 2.5% for Charity Wallet, which will be unlocked for Livestream donations only.

GULAGToken is developed by a team of crypto enthusiasts who believe everybody deserves a second chance at financial freedom. A locked liquidity pool, live-streamed charity donations, and a fair launch make this a safe way to earn passive income just by holding.


GULAGToken maintains consistent transparency with our community and continues to make the GULAG the largest and most active crowd-governed token in the crypto space.


Most of the team met on a discord server and are all active in different crypto communities worldwide. We came together to address what we felt was both right and wrong in existing crypto projects. Our team is active on all social media channels, and our community is our biggest asset and will be treated as such.


There is nothing without trust. The team is taking all steps necessary to create a trustworthy atmosphere for holders. It includes a verifiable liquidity lock, making it impossible for the liquidity or project to be rug pulled. All developers have bought in just like everyone else. Meaning we are holders just like anyone. There is no ‘mint’ function. So we cannot just print coins out of nowhere.

Find out the latest news from GULAGToken social networks:

Website | Telegram | Twitter

Media Contact

Company Name:-Gulag token

Email:-[email protected]

Company Website:-

The post Gulag Token – everybody deserves a second chance at financial freedom appeared first on Zex PR Wire.

Latest news

ShipFinex: A Real-World Asset Tokenization Protocol Now Regional Champions of Startup World Cup Pitch Competition

Dubai, UAE, Nov 15, 2022, ZEXPRWIRE, One of the most promising properties of blockchain has been the ability to...

The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store.

“The official cryptocurrency of the  Dollarstore.” Beverly Hills, California, Nov 14, 2022, ZEXPRWIRE, An incredible milestone for the Oduwa community;...

Gulf Xellence to Host World ESG Summit in Dubai, UAE, 21st-23rd February 2023

THE WORLD ENVIRONMENT, SOCIAL & GOVERNANCE SUMMIT “Leading the future through Environmentally Sustainable Growth”Dubai, UAE, Nov 7, 2022, ZEXPRWIRE,...

Chairperson IFSCA delivers a Keynote address on “Policy Dialogue -Directing ESG  Governance for the Financial Industry “at Singapore Fintech Festival 2022

Chairperson International Financial Services Centers Authority Injeti Srinivas was invited to deliver a keynote address on “ Policy Dialogue...

LedgerFi Appoints Dr Abdulrahmaan Al Ansaari as Chairman of the Board

Dubai, UAE, Nov 4, 2022, ZEXPRWIRE, LedgerFi IT Solutions, a Dubai-based web3 and blockchain company announced the appointment of...

ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital

A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation...

Must read

USD 19,500, the new key price of bitcoin to start an upward movement

Key facts: In the past, $19,500 has been a resistance...

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

You might also like
Recommended to you