Get to know Voodoo Token, the meme coin on PulseChain with the most utility!

NIJMEGEN, Netherlands - Sept. 21, 2024 - PRLog -- What is Voodoo Token?

Simply put, Voodoo Token is a meme coin project on PulseChain that kicked off around a year ago. It includes three coins: Voodoo Token, MAGIC Reward Token, and POISON Reward Token, and five decentralized applications. For those new to crypto, decentralized apps (dApps) run on a blockchain, so they're not controlled by any single entity, which adds a layer of transparency since all transactions are recorded.

What is the MAGIC Reward Token?

MAGIC Reward Token (MAGIC) is a deflationary token that burns 2% of each transaction. This mechanism  helps boost its value over time as the supply decreases. MAGIC also serves multiple purposes: it's a DeFi token for those who stake Voodoo Tokens, a reserve token for VoodooGroup, and a utility token for the gambling platform.

What is the POISON Reward Token?

POISON Reward Token is aimed at providing passive income just by holding it in your wallet. Built on PulseChain, it offers cheap, fast, and eco-friendly transactions. With a total supply of only 10 million tokens, POISON rewards holders automatically while also functioning as a DeFi and utility token within the Voodoo ecosystem.

VoodooGroup

To clarify, Voodoo Token is part of a DAO (Decentralized Autonomous Organization) called Voodoo Group, which manages social media, liquidity pools, and the dApps. This setup also handles any inquiries or suggestions sent to our business email.

Decentralized Applications in the Voodoo Ecosystem

1. Staking Platform: This allows Voodoo Token holders to earn passive income by locking up their tokens. There are six pools with varying APY rates, where users can earn either MAGIC or POISON tokens.
2. Gambling Platform: Inspired by the classic heads or tails game, users can bet using Voodoo Tokens, MAGIC, or POISON. Just pick a multiplier, choose heads or tails, and confirm the transaction. The win rate is about 47%, which is pretty decent for a casino game.
3. Voodoo Bank: For those who find it hard to hold assets long-term, the Voodoo Bank lets you lock up your Voodoo Tokens for 1, 5, or 10 years. You earn interest during this period, rewarding long-term investors.
4. Wheel of Fortune: This feature aims to boost adoption by offering daily micro rewards. Users can spin the wheel for a chance to win Voodoo Tokens, MAGIC, or POISON. It's a fun way to engage with the ecosystem.

For more info, check out their socials:

• Website: www.voodootoken.com  
• Twitter: https://x.com/Voodoo_Token
• Telegram: https://t.me/+oBoh-NebaWcxMDQ0