Black Diamond is a fully rug-proof token that aims to help traders become financially independent. The Black Diamond team seeks to make the token public with a presale value to develop liquidity, followed by its immediate launch. Here, liquidity is the easy conversion of an asset into traditional currency without impacting the market price. The token economy aims to keep away whales from the coin for a longer period while preventing the manipulative scheme of illegally boosting the token’s price. Whales are nothing but individuals who alter the price of a cryptocurrency.  

DIAMONDS is the ticker name of the Black Diamond token. The coin offers improved rewards by employing a method of applying tax for each transaction. The Black Diamond token uses the blueprint of Binance Smart Chain’s (BSC) safemoon contract. The safemoon contract helps to improve the anti-whale function by cutting the maximum transaction amount in half. The anti-whale function in the crypto world is a system that cross-checks the activities of the crypto whales. 

The ecosystem of the coin applies 12 percent of transaction tax. The 10 percent of tax is redistributed to the token holders in accordance with the proportion of their holdings. The remaining 2 percent of the tax goes to the liquidity pool. In tokenomics of the total token supply, the Black Diamond ecosystem has burned 333,333,333,334 tokens, 5 percent of the total tokens are allocated to the marketing wallet for all marketing needs, and 1 percent of the total tokens go to the charity wallet for the donation to the National Coalition for Homeless Veterans. Token burning is the removal of coins from circulation to reduce the token count.  

On July 9, 2021, the Black Diamond token was launched on PancakeSwap. The Black Diamond token was created by Veteran and Active Duty U.S. Service members. Further, the total supply of DIAMONDS tokens is 1,000,000,000,000. 

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