Welcome to the official Goodship white paper. This white paper explains the tokenomics behind the Goodship token, alongside the basic description, critical safety information, and long-term plans. Read it through, then jump on board using the links below. As always, do your own research before buying any financial asset.

🛸 WEBSITE — TELEGRAM — BUY ON PANCAKESWAP 🛸

What is Goodship?

Goodship is a new crypto token designed to alleviate poverty while providing investors with incredible returns. It is frictionless, yield-generating, deflationary, whale-proof and rugpull-proof.

The protocol was launched on the Binance Smart Chain (BSC) on May 8th 2021 through a fair launch. Ownership of the contract has been renounced by the developers.

Goodship was created with an initial token supply of 700,000,000,000 (700 billion).

No tokens were burned upon Goodship's launch.

Goodship is a fork of Safemoon that improves upon the original contract in several ways.

The Goodship contract employs a static rewards system with the following attributes:

• On every transaction, there is a 10% tax automatically taken by the contract.
• One half (5%) of the transaction tax is automatically distributed to all holders of the Goodship token.
• The other half (5%) of the transaction tax is automatically added to the locked liquidity pool inside the PancakeSwap decentralized exchange (DX) to power future trades.

Upon launch of the contract, two wallets were created:

1. 2.5% of the total token supply was transferred to the charity wallet, to be owned by GiveDirectly, one of the top rated poverty alleviation organizations in the world. GiveDirectly has delivered over $300 million in cash directly into the hands of over 500,000 families living in poverty. To learn more about GiveDirectly and its mission, click here.
2. 2.5% of the total token supply was transferred to the marketing wallet, to be used to grow the Goodship community and ensure the price always goes up – both so that investors can realize returns and so that we can have a greater impact on poverty alleviation.

The static rewards system employed by Goodship follows in the footsteps of Safemoon, Bonfire and others to create a token that provides sustainable yield to holders while alleviating sell pressure from early investors.

As the total number of transactions increases, the rewards for holding Goodship increases. So too, the more Goodship tokens an investor holds, the greater the rewards they receive. This means that so-called "diamond hands" (i.e., token holders who profess that they will not sell their tokens regardless of what happens in the market) are rewarded disproportionately the longer and the more tokens they hold.

Unlike many other BSC tokens, Goodship does not contain a manual burn wallet. In the Goodship contract, the developers cannot manually burn tokens, nor can they sell massive proportions of tokens. This is one of the attributes that makes Goodship "rugpull proof" – the contract is built such that it is impossible for the developers or anyone else to sell massive proportions of tokens or remove liquidity from the liquidity pool that is locked on Pancakeswap.

Goodship is also engineered to be "whale-proof": No single account can buy more than 5% of the total supply of tokens in a single transaction. This creates friction on whale formation because it requires multiple transactions to amass a large proportion of Goodship tokens, where each transaction incurs a 10% transaction tax that inures to the benefit of all Goodship holders. The fewer large holders there are, the lower the risk that a large holder would sell a large amount of tokens and lower the market price.