How It Works

Written By Bob Lee

Last updated 5 months ago

A Simple Token, Built to Last

TorresmoCoin (TORRESMO) is an ERC-20 token deployed on the Polygon (PoS) network. It follows the principle of keeping the token contract simple, reliable, and fully compatible with wallets, DEXs, and CEXs. By avoiding unnecessary features inside the token itself, TORRESMO remains transparent, secure, and easy to integrate.

Core Mechanics

TORRESMO has a fixed total supply of 250,000,000 tokens. The contract includes the following mechanisms:

Feature

Description

Burnable

Any holder can destroy tokens, reducing supply permanently.

Pausable

A safety switch to temporarily pause transfers during emergencies.

Permit (EIP-2612)

Allows gas-efficient approvals via off-chain signatures.

Fee (optional)

Default 0%. If ever enabled, capped at 1% and 100% burned.

lockFeeForever()

Community can permanently disable any future fee changes.

Launch Protection

During the first moments after trading begins, TORRESMO includes temporary safeguards against bots and sniping strategies. These measures — such as one transaction per block, authorized liquidity pairs, and temporary max transaction limits — expire automatically after a short window. After that, TORRESMO behaves like any standard ERC-20 token.

Governance Flow

TORRESMO adopts a hybrid governance model. Community members with a governance NFT (non-transferable) can vote on proposals using a 1 address = 1 vote rule, supported by proof-of-personhood solutions. Proposals are processed through an OpenZeppelin Governor contract and executed only after a time-lock delay, ensuring transparency and social audit.

If participation falls below quorum, a restricted multi-sig can step in within predefined limits, but even those decisions remain subject to the same time-lock and community veto.

Why This Matters?

This architecture ensures TORRESMO remains:

  • Fair: no hidden fees or unfair advantages.

  • Transparent: all parameters are public and auditable.

  • Community-driven: decisions are validated by real participants, not whales.

  • Future-proof: designed to evolve as adoption grows, without sacrificing safety.

At a Glance

Parameter

Detail

Blockchain

Polygon (PoS)

Standard

ERC-20 (OpenZeppelin)

Total Supply

250,000,000 TORRESMO

Decimals

18

Transaction Fee

Default 0% — optional max 1% (100% burn only)

Fee Lock

lockFeeForever() can permanently disable fees

Burnable

Yes — holders can burn tokens voluntarily

Governance

Hybrid DAO (Governor + Timelock + NFT voting)

Launch Protection

Anti-bot measures active only during initial trading

Permit (EIP-2612)

Gas-efficient approvals with signatures