# Introduction

## What is Karma?

A fully decentralized, frictionless, yield-producing token, on the Binance Smart Chain. Offering automated DeFi rewards to holders.

Karma token uses a fair system of taxing each token transaction with a constant percentage. Reducing circulating supply, and redistributing KRMA rewards to holders to create further value for its users. It applies an automated, built-in regulatory mechanism, to eliminate the risks of price inflation, and gradually reduces total supply in proportion with transaction volume and frequency.  At the base of the Karma Token, is a unique reflector algorithm that utilizes programmed intelligence to implement a fair and consistent passive accumulation of tokens directly to holders’ wallets.&#x20;


# Tokenomic Summary

## Slippage & Tax Summary

Tax of 3%\
Slippage Requirement | 3% to 5%

💸 Reflection Rewards: 1%\
🔥 Automated Burns\
📈 Auto Liquidity: 2%\
🎁 Automated Charity Donations

## 🙏 Supply

The total maximum supply of Karma is 7,000,000 (7 Million) Tokens.

## 💸 Reflect Finance

A coded tax of 1% on every transaction makes it possible for every transaction to grant a passive income to all of the Karma holders. This tax will automatically distribute the rewards without each holder having to take any action directly into their wallets. These rewards are given to each holder in KRMA.

{% hint style="info" %}
For every $100 traded on the network, $1 is sent to all existing holders in KRMA
{% endhint %}

## 🔥 Automated Burns

Every transaction there is a Burn event, this event will permanently increase the floor value of Karma.\
\
You can keep up to date on how many tokens have been burned by [clicking here](https://bscscan.com/token/0x4ee251c23f81744865fb24082503977a1843f237?a=0x000000000000000000000000000000000000dead)

{% hint style="info" %}
&#x20;Note: The total supply of Karma decreases every transaction until it reaches a total amount of 2,000,000 Tokens
{% endhint %}

## 📈 Auto Liquidity

A coded tax of 2% on every transaction is given to Liquidity Growth.

{% hint style="info" %}
Liquidity is extremely important for the development of a Token, as it grows it increases the floor value of the asset, allows for price action to be more stable, grants the ability for DEX expansion, and allows the ability for investors to buy or sell the asset. The more Liquidity an asset has, the larger the trade can be done with lessor negative impact of the price value.
{% endhint %}

## 🎁 Charity Donation System

The Charity Donation system is operated by the Reflect Finance Code these donations are currently directed towards Team Trees to help a deforestation crisis in Kenya.\
\
Charity Wallet: 0x55920011c905c7a7b5221bc0235125CA8adD7170


# 🧘‍♂️ Roadmap

What we will be up to in 2024

## Karma's Short Term Goals for 2024

* [x] Launch of Karma
* [x] Partnership with Team Trees
* [x] Tokenomic Upgrade
* [x] PancakeSwap Listing
* [ ] CoinGecko Listing
* [ ] CoinMarketCap Listing
* [x] Develop Airdrop Reward System
* [ ] Partnership with Food For Life Global
* [ ] Upgrade Website
* [ ] DEX Expansion
* [ ] Karma Smart Contract Front End System

## Karma's Short Term Price Targets

* [x] $0.01 | 100 Holders
* [x] $0.05 | 1,500 Holders
* [ ] $0.50 | 5,000 Holders
* [ ] $1.00 | 25,000 Holders

## Karma's Long Term Goals

* [ ] Plant 1,000,002 Trees
* [ ] Provide 500,000 Meals
* [ ] Partnership Charity Project with Mr.Beast Philanthropy


# Karma Utility

## Karma Token Use Cases

List publicly known use cases/projects building with Karma

| Name                  | Type      | Status            | Summary                                                     |
| --------------------- | --------- | ----------------- | ----------------------------------------------------------- |
| Karma Reflection      | Protocol  | **Live**          | Receive 1% reflection rewards from Karma transactions       |
| Charity Escrow System | Plugin    | Under Development | Storage transfer bank when the storage meets a charity goal |
| Frontend Interaction  | Dashboard | Under Development | Interact with the reflection contract live                  |
| Airdrop Management    | Tool      | **Live**          | Mass airdrop system for the Karma Partnership Program       |

If you have a use case or project that can be added to the list, please contact @The1CryptoMoon on Telegram


# Reflect Finance

## Reflect Finance Code

Among the various innovations made possible by blockchain and decentralized technologies is the concept of reflector tokens, implemented using smart contracts.<br>

A Reflect Finance Token (RFT)  is a digital unit of value (token or digital currency) that is programmed to generate continuous token rewards to its holders from the transaction fees realized from network activities such as buying, selling, and transferring tokens.<br>

Karma token is an excellent implementation of the reflector token concept that uses in-built smart contract-based artificial intelligence to manage and execute transactions on the Binance Smart Chain. Karma token ($KRMA) collects a 3% transaction fee for each transaction and frictionlessly distributes the taxed tokens to all wallets holding Karma according to the volume of Karma.<br>

Karma’s taxation redistribution system is implemented using smart contracts written in Solidity and running on the Binance Smart Chain Network, offering a transparent and independent automated passive rewards stream for all holders of the token.


# Automated Burns

## Automated Buy Back Burns

Every transaction there will be a Burn Event relative to the size of the Karma Balance inside of the Burn Wallet Address, this event will permanently increase the value of Karma.\
\
You can keep up to date on how many tokens have been burned by [clicking here](https://bscscan.com/token/0x4Ee251C23F81744865FB24082503977a1843F237?a=0x000000000000000000000000000000000000dead)

{% hint style="info" %}
&#x20;Note: The total supply of Karma decreases every day until it reaches a total amount of 2,000,000 Tokens.
{% endhint %}

[Click Here to View The Current Balance of the Growing Burn Address](https://bscscan.com/token/0x4Ee251C23F81744865FB24082503977a1843F237?a=0x000000000000000000000000000000000000dead)


# Auto Liquidity

## Auto Liquidity

One of the biggest issues cryptocurrencies face is the acquiring of liquidity. Most liquidity in the current phase of DeFi is done through farming. Users provide their tokens as liquidity in exchange for a percentage of some of the exchanges trading fees for the pair the user provides. The model fails once users pull their liquidity after rewards are no longer attractive. With Karma, this risk is mitigated by the auto liquidity feature of the token smart contract. \
\
As mentioned earlier, the Karma token smart contract charges a fee on every transaction. It then deposits the realized fees in the liquidity pool indefinitely. It also purchases an equal value to BNB using its in-built analytic algorithm to determine the better option at the particular time, and adds the funds to the locked liquidity pool. The aim is to ensure market solvency as well as maintain a rising price floor by default.&#x20;


# Karma Flux Information

Release Date: March 15th, 2024 | Floor Value Launch 100 USDC

## About the Karma Flux NFT

"Flux" refers to a state of constant change or movement. In various contexts, it can denote a flow or transition of something, such as energy, particles, or information.

"Karma Flux" represents a dynamic or evolving aspect of karma within the DeFi space, suggesting a continuous flow or exchange of positive energy & opportunities.\
\
When you buy a Karma Flux NFT the funds don't just go into the creator's pockets like the large majority of NFT projects, instead, they go into an automated DeFi Protocol that generates passive income using Single Asset Staking (during uptrends), BELT Staking, Liquidity Pool Staking, etc. as the conduit.\
\
Once a month this then provides monthly airdrop rewards to the Karma Flux Holders equal to 44% of the accumulated gains. All of the actions and gains of the Karma Flux NFT can be tracked in this [Excel Dashboard.](https://docs.google.com/spreadsheets/d/11-8p-DY_0yDehR2cxGy9EoJYoPOmwcqRm88ZFr8-zQg/edit?usp=sharing)

<figure><img src="https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Md3943SGxGeU6hNz7dS%2Fuploads%2FZgH1V49gFkkJTRcNY1Rg%2FKarma%20Flux.gif?alt=media&amp;token=2c65b9c6-55ed-4960-ba59-f2bf0bbae54c" alt=""><figcaption><p>Karma Flux NFT Graphic</p></figcaption></figure>

## Karma Flux DeFi Allocation Breakdown

<table><thead><tr><th width="172">Profit Allocation</th><th width="437.3333333333333">Description</th><th>Percentage</th></tr></thead><tbody><tr><td>Karma Flux NFT Holders</td><td>On the 1st of each month, the amount earned from the DeFi protocol will be airdropped to the Wallets Holding the Karma Flux NFT. Ownership Snapshot is done at 10:00AM (EST).</td><td>44%</td></tr><tr><td>Compound</td><td>The compounding of the DeFi earnings will allow the Airdrops to scale in value thus not only increasing the airdrop rewards but also the floor value of the NFT.</td><td>33%</td></tr><tr><td>Karma Liquidity</td><td>This allocation is set to buy Karma on the 1st of each month during the airdrop to the Karma Flux holders. This increases the value of Karma Token and increases the pool of ownership of KRMA, this pool will sell the reflection rewards to provide a larger airdrop to the Karma Flux NFT Holders.</td><td>12%</td></tr><tr><td>Karma Team</td><td>Incentive to the Karma Team to help cover costs and improve exposure via marketing.</td><td>11%</td></tr></tbody></table>

<figure><img src="https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Md3943SGxGeU6hNz7dS%2Fuploads%2FqWfNdwfUfqRfIeoG80HK%2FKarma%20info%20circle.png?alt=media&amp;token=781ce39c-a6d7-4bce-b007-f0bfc4ff289c" alt=""><figcaption></figcaption></figure>

## Where to Buy Your Own Karma Flux NFT

You can buy or sell your Karma Flux NFT via [OpenSea](https://opensea.io/collection/karma-flux/overview) on the Polygon Network


# Karma Universe Partner Program

The Karma Team will provide you with all of the tools you will need to convert your NFT Project into a Passive income generating machine for your holders! \
\
Your project will also receive additional bonuses and perks for joining the Karma Universe Partner Program.

| Partner Program                                                  |
| ---------------------------------------------------------------- |
| Karma Twitter/X Announcement Post                                |
| Karma Discord Announcement                                       |
| Karma Partner Section Listing (Whitepaper, Discord, and Website) |
| Airdrop Tool Support                                             |
| Marketing Collaberation(s)                                       |

{% hint style="warning" %}
**The Partner Program is available on the following networks:** Ethereum, Binance Smart Chain, Polygon, Houbi, Fantom, Avalanche, Cronos, Moonbeam, Moonriver, Pheonix, and Candle.
{% endhint %}

## Step by Step Instructions

<table><thead><tr><th width="155">Steps</th><th>Action</th></tr></thead><tbody><tr><td>Step One</td><td>Create NFT Project</td></tr><tr><td>Step Two</td><td>Allocate your Chosen Percentage of Earnings to Buying Karma Tokens &#x26; Dedicate that Wallet to receiving Reflection Rewards</td></tr><tr><td>Step Three</td><td>Sell your Reflection Rewards for Funds for Airdrop or provide the Karma Tokens itself to your holders. </td></tr><tr><td>Step Four</td><td>Cast your Airdrop using our free Airdrop Tool. You can collect a CSV file on most NFT Marketplace platforms to find your holders effortlessly.</td></tr></tbody></table>


# Team Trees

Team Karma | $KRMA | Nature is our Home, not just a place to Visit

## By Owning Karma you are Helping Plant Trees

Karma has partnered with Team Trees to help Kenya. Kenya’s Kijabe Forest has historically been one of Kenya’s five nationally important water towers, which provide an estimated 75 percent of the country’s water resources. Over the past 15 years, however, the forest has been cleared for charcoal and timber, creating dramatic and damaging impacts for wildlife, infrastructure, and quality of life. The goal of planting 1.5 million trees will help reestablish a sustainable water supply through protecting and replanting around springs and rivers. These trees will also restore, habitat for wildlife, stabilize steep slopes prone to landslides, and secure livelihoods.

{% hint style="info" %}
With every $100 worth of Karma bought, sold, or transferred, Karma is able to help plant 2 trees.
{% endhint %}

[Click here to view the amount of Trees Planted by Team Karma](https://teamtrees.org/search?q=Team%20Karma%20%7C%20%24KRMA)


# How To Buy Karma

Don't have very much experience buying decentralized assets? Check out our MetaMask or Trust Wallet tutorial.

## Buying $KRMA to get Karma

Becoming a Karma holder is a fairly straightforward process, Karma is a decentralized asset currently trading on PancakeSwap, below is the Smart Contract Address:

```
0x4Ee251C23F81744865FB24082503977a1843F237
```

Karma's Symbol is: **KRMA**\
Decimals: **9**\
Network: **Binance Smart Chain (BSC)**

## Where to Buy/Trade Karma

Karma is Listed on the Following Exchanges & DeX Aggrogater Sites that will allow you to buy and sell Karma:

* PancakeSwap: [Safe Link](https://pancakeswap.finance/swap?chain=bsc\&inputCurrency=0x4Ee251C23F81744865FB24082503977a1843F237\&outputCurrency=0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c)
* TokPie: [Safe Link](https://tokpie.com/view_exchange/krma-usdt/)
* CoinBrain (PCS Liquidity)
* LiveCoin (PCS Liquidity)


# MetaMask

## BSC Onboarding Guide

To interact with Karma (KRMA) and other decentralized applications (DApps) on the Binance Smart Chain (BSC), you will first need to create a wallet compatible with the Smart Chain network. There are various ones to choose from, however, we personally recommend MetaMask for both desktop and mobile use for the best experience. Some of you may already be familiar with MetaMask, as it is the primary wallet used to interact with applications on the Ethereum network. In order to make MetaMask compatible with the BSC mainnet, you will need to add it as a custom network and can find step-by-step detailed instructions on how to do so below.

## **Install the Metamask Extension from the Store**

[**Install the Metamask Extension from the Store**](https://metamask.io/)&#x20;

Visit the Google Chrome browser extension marketplace (or App Store for mobile users) and download the MetaMask extension.

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3lMTeq7mHo5xvblbA%2FFirst%20Image.png?alt=media\&token=d5adadf3-f18c-420b-998f-9d789a41fb3b)

**Create a MetaMask Wallet or Import One**

&#x20;I’d suggest creating a new one if you haven’t done so. Click import wallet if you have an existing wallet.&#x20;

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3lSjj3lBmlOhjxVfx%2FSecond%20Image.png?alt=media\&token=bfe3dac4-c83a-418a-9472-63fbe22410d0)

Setup your password and secret recovery phrase somewhere safe. If you lose these and can no longer access your account from the original device, you may be unable to recover your wallet and funds.&#x20;

## Setup MetaMask to connect to BSC Mainnet&#x20;

Switch the connected blockchain by clicking on the tab saying Main Ethereum Network, we need to add the Binance Smart Chain network.&#x20;

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3l_seAD8gmuLOCrzn%2FThird%20Image.png?alt=media\&token=dfc93404-89d3-411d-a5a3-fd375a865386)

Scroll down until you find Custom RPC.&#x20;

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3lgsanJtPfm7NP10_%2FForth%20Image.png?alt=media\&token=ad881604-2031-4246-86da-9b65a1c00ece)

Enter in the BSC mainnet details as follows:&#x20;

• **Network Name**: BSC Mainnet&#x20;

• **New RPC UR**L: <https://bsc-dataseed1.binance.org/> or <https://bscdataseed2.binance.org/>&#x20;

• **ChainID**: 56, or 0x38 if 56 doesn’t work&#x20;

• **Symbol**: BNB&#x20;

• Block Explorer URL: <https://bscscan.com/>&#x20;

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3lpNqBhb4MnbcV_g9%2FFifth%20Image.png?alt=media\&token=d4227688-3cb9-4299-a721-899b653ac56b)

Click ***Save***.&#x20;

You have now connected to the BSC mainnet with your Metamask Wallet.&#x20;

## Using BSC and storing BEP-20 tokens&#x20;

Congrats! You now have a BSC configured MetaMask wallet. You can now store your BEP-20 tokens and connect your MetaMask wallet to DApps on the Binance chain. Here’s how:&#x20;

1\. Drop down networks and choose BSC Mainnet.&#x20;

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3lwbRDV0MOd_SC9Mt%2FSixth%20Image.png?alt=media\&token=f9e549db-fd70-42a7-a2d0-54b7b95e244f)

2\. **(Optional)** For your own convenience you can create a new wallet just for BSC. You can add and manage all BEP-20 tokens from this account.&#x20;

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3m16Hbdz0u5WmVGm9%2FSeventh%20Image.png?alt=media\&token=907fe7f6-894b-45be-aece-8581046aa17e)

By default you’ll only have BNB added to your account. To add a new token follow the steps below.&#x20;

**Note**: You are on BSC network and you can only add BEP-20 tokens and not ERC-20.&#x20;

To add a BEP-20 token click on add token >> choose a custom token and then enter the token contract address.&#x20;

![](https://2360070509-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md3943SGxGeU6hNz7dS%2F-Md399Cu_uXOqKHC_KyH%2F-Md3m8KmQOYqvFF3DGoC%2FEigth%20Image.png?alt=media\&token=f47fc148-2f0d-4dc3-af86-a9590768bb84)

You can find the full list of BEP-20 tokens and their contract details on <https://bscscan.com/tokens>&#x20;

Now from your Binance exchange account you can withdraw coins and tokens as BEP-20 to your MetaMask wallet. **It is important to differentiate the network destination address of the wallet where you intend on sending your coins, as there are 2 commonly used networks. For wallets using the Binance Chain, these should be sent as a BEP-2 token. On the other hand, wallets using the Binance Smart Chain (BSC) should have these sent as BEP-20 tokens.** Sending through to the incorrect chain can potentially cause you to lose your funds.&#x20;

**Note**: Since all these tokens are built on Binance smart chain you’ll need BNB to cover gas fees. It’s just like how you need ETH to transfer ERC-20 tokens. Instead of ETH you’ll have to use BNB as Gas fees. There are two places where I recommend getting Binance Coin (BNB) by exchanging other cryptocurrencies if you don’t already have some. They are directly through binance.com (non-US residents) or binance.us (for US residents) and simpleswap.io. SimpleSwap is not a centralized exchange and does not require any sign up or KYC. It also has a variety of different coin pairs, which makes it a great option to use.&#x20;

Here you can find the current gas price and gas limit that is being used on BSC: <https://bscscan.com/charts>.


# Trusted Karma Links

Official Karma Links to Protect Yourself from Scams

## Karma Website

<https://www.karmatoken.org/>

{% embed url="<https://karmatoken.org>" %}

## Karma Telegram Group

<https://t.me/KarmaOfficialGroup>

{% embed url="<https://t.me/KarmaOfficialGroup>" %}

## Karma Community & Team Discord

{% embed url="<https://discord.gg/Y6CkhB8jKT>" %}


# Audits Are Pending


