Lorde Edge (EDGELON) is a token that is inspired by DOGECOIN, DOGELON, and SHIB tokens. According to the website, the name Lorde Edge directly follows the Twitter name of Elon Musk, the cofounder and entrepreneur of Tesla and PayPal. The platform self-proclaims to predict the moon mission’s future by creating it and aims to celebrate Elon Musk through this project.

According to the whitepaper, Lorde Edge is a community-driven initiative and aims to reward the participants through equal distribution. The platform endeavors to safeguard the Lorde Edge project by locking the liquidity for one year. By locking liquidity and renouncing the contract, the contract remains unaltered. In simpler terms, by sending liquidity pool tokens to a time-lock smart contract, developers relinquish ownership of liquidity pool (LP) funds for a set period of time. Without ownership of LP tokens, developers are unable to access liquidity pool funds.

The EDGELON token is an ERC-20 token, as it deploys the Ethereum standard. According to its tokenomics, the EDGELON token allocates 9% to the development fee or marketing wallet. A further 1% is allocated for redistribution for the token holders. The token aims to allocate 10% of its non-fungible token (NFT) trades, which are yet to be announced, toward buybacks and for animal shelters. The token also aims to burn 50% of its supply, a practice of sending tokens to a zero address to permanently remove them from circulation. Essentially, token burning reduces supply and increases the value of the tokens.

The platform aims to launch NFT utilities and limited edition merchandise. Besides, through community contests and airdrops, the platform seeks to increase the token utility for the holders.

EDGELON, the community-powered token, was born from Elon Musk’s Twitter name on November 7, 2021. The team behind the project, referred to as the astronaut team, are Beardo, Chad Honcho, and Robedge. Beardo has extensive knowledge about the crypto community and manages the social handles of EDGELON. Chad is the developer of the Lorde Edge project, and Robedge, the programmer, handles the smart contracts, NFTs, and ownerships. Further, during November 2021, the project launched the whitepaper specifying an overview of the token, EDGELON.

EDGELON reports a maximum total supply of 1,000,000,000,000 tokens.

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