Smart Contract Update

CASHHAND
3 min readSep 9, 2022

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Hello Dear User, CashHand is focused on delivering a code and without to its users.
This vision even more secure, that the moment we update our contract to a new code, and much smarter you arrived.

What has changed?

Removing the Mint Function

The previous contract (0xA0451f8820CFb45CEd3A90470901e1dB38fb7b8f)
didn’t have any serious security issues in the code, but it contained the MINT function where new tokens could be created at any time, even if it didn’t actually affect the security of the Contract by the development team, but many users questioned about this function , causing many investors to lose confidence in Token CashHand because of this function.

Adding burn rate

It is not news to anyone that one of the big problems ; if not the biggest, when it comes to money it is the issue of inflation, studying about this we decided to implement an automatic burning protocol in each transaction carried out, so that the tokens acquired by the user are valued indirectly without depending on the direct trading market, but also due to deflation.

Adding Reward for Users

We know that the most important part of a project is its community, reflecting on this we decided to implement a reward protocol for our dear users.
Now a percentage of all transactions will go to incumbent users as a reward for being so precious to CashHand.

Adding automatic LP liquidity

Thinking about improving trading for the dear user, we decided to implement a Protocol that automatically transfers a percentage of each transaction to market liquidity, in this way the CashHand user will have an even greater ease to trade their CHND tokens with greater freedom.

How as it!

New Contract: 0x3B3ABDdc67c5DBEA742c4d39B77faF0794eD7949

Now CashHand employs 3 functions: Reflection + LP Acquisition + Burn.
On each trade, the transaction is charged a fee of 10%, which is divided into 3 ways:

° 2% fee = redistributed to all existing holders.

° 5% fee = is split 50/50 half of which is sold by the contract into BNB, while the other half of the CASHHAND tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap.

° 3% are burned on each transaction.

Links

Automatic burning address
https://bscscan.com/token/0x3B3ABDdc67c5DBEA742c4d39B77faF0794eD7949?a=0x000000000000000000000000000000000000dead

PancakeSwap Pair
https://pancakeswap.finance/info/pool/0x4c78a3e851d200e2bf117672b5236f5c0c12ef1d

Explorer BscScan
https://bscscan.com/token/0x3B3ABDdc67c5DBEA742c4d39B77faF0794eD7949

DexScan
https://coinmarketcap.com/dexscan/bsc/0x4c78a3e851d200e2bf117672b5236f5c0c12ef1d

SMART CONTRACT UPDATE FAQ

  • Is the smart contract upgrade finalized?

CashHand holders received new CHND tokens for their wallets (you can see these transactions by following these links) add the new contract to your wallet where your old tokens were stored, you received the new tokens there.

https://bscscan.com/tx/0x40322118fa49ebf03ace99441b73fb8d1c0b8991e1d3dc7dfaf008ff4a61d6c8
https://bscscan.com/tx/0x23120dcd58c9609495dfa91aa35e71ae40d366dffa30004749de1eabb237b24d
https://bscscan.com/tx/0xd95e0c060080be43a8c33742509f9b9c66d32da1fe56c168dd77f42ebfdf6f2f
https://bscscan.com/tx/0xdc46d1685e221c1915d27816f8544acd70b095a17cc19c8e3330a29f7c50f64b

  • What happens to the old tokens?

The old tokens belong to the users, we will never ask them to send us tokens, but they will no longer be supported by the Project and will be removed from the Exchanges. if you have your old tokens listed on any Exchange, know that it will be exchanged at a 1:1 ratio for the new token, (the date will be announced by the Exchange)

  • How can people differentiate between old tokens and new ones?

By entering your address on BscSan or any other BSC blockchain analyzer, you will see the list of your tokens. Each BEP20 token has a smart contract address. The smart contract address for the new CASHHAND is:
0x3B3ABDdc67c5DBEA742c4d39B77faF0794eD7949

  • Why doesn’t the price of the new token appear in my wallet?

CashHand’s new smart contract will appear in your wallet; however, it will not have a fiduciary value as the updates on the platforms servers that report the value take some time to update the data.

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CASHHAND

CashHand stands out as a Defi protocol, meticulously crafted on the Binance Smart Chain network, specializing in generating passive income.