Full Send: Frictionless Yield and Liquidity Generation Smart Contract Protocol
The Full Send whitepaper was written and published by the project's core team in 2021, aiming to address the crypto market's demand for "lower friction" yield protocols and to educate new investors.
The theme of Full Send's whitepaper can be summarized as "frictionless yield and deflationary smart contract protocol." Its uniqueness lies in the "transaction fee mechanism (burn and redistribution)" combined with liquidity lock, to achieve token value growth and holder rewards; Full Send's significance is in lowering the entry barrier for new users into crypto through its deflationary model and educational initiatives.
Full Send's original intention is to build a transparent, community-driven DeFi project that provides "frictionless yield" for holders. The core idea stated in the whitepaper is: through the mechanism of burning and redistributing transaction fees, combined with liquidity lock, achieve deflationary appreciation of the token and expansion of the user ecosystem.
Full Send whitepaper summary
What is Full Send
Friends, imagine a project in the world of digital currency called Full Send, whose goal is to make it easy for everyone to participate and give people a chance for their digital assets to "take off," like a rocket launch, straight to "Mount Olympus"!
Full Send (project abbreviation: FULLSEND) is essentially a digital currency project based on Binance Smart Chain (BSC). You can think of it as a "meme coin," which typically features strong community culture and rapid viral spread. But Full Send is not just a meme coin—it also aims to let holders earn rewards through a special mechanism without complex operations, and to increase each token's value by reducing the total supply through token burns.
Its core concept is to create a "frictionless yield" and "deflationary" smart contract protocol. Simply put, every time someone trades Full Send tokens, a small portion of the transaction fee is automatically distributed to all holders, and another portion is permanently burned, making the tokens increasingly scarce. In addition, Full Send plans to launch an educational platform called "Olympus" to help newcomers to crypto better understand the space and popularize decentralized finance (DeFi) knowledge.
So, you can think of Full Send as a digital currency project with both community entertainment and educational ambitions. It aims to increase value by rewarding holders and reducing token supply, while helping more people enter the crypto world.
Project Vision and Value Proposition
The vision of the Full Send project, just like its name, is to "full send" the token's value to "Mount Olympus." This "Mount Olympus" is their unique way of expressing "to the moon" (a common crypto phrase meaning a price surge), symbolizing the maximization of token value and utility.
The core problem it hopes to solve is not the technical complexity of blockchain itself, but rather to provide high ROI for early participants and, through its educational platform, lower the entry barrier to crypto so that more people without technical backgrounds can understand and participate in DeFi.
Compared to many similar projects, Full Send stands out in several ways:
- "Frictionless yield" mechanism: You don't need to do complex staking or liquidity mining; simply holding the token automatically earns you rewards from transaction fees.
- Deflationary model: Each transaction burns a portion of tokens, like a shrinking cake, theoretically making each piece more valuable.
- Educational outreach: The planned "Olympus" platform aims to provide crypto knowledge for beginners—a relatively unique and beneficial attempt among meme coins.
- Community-driven: The project emphasizes the power of the community and hopes to drive development through community participation.
Technical Features
The Full Send project mainly runs on the Binance Smart Chain (BSC). Binance Smart Chain is a very popular blockchain platform due to its fast transaction speed, powerful smart contract capabilities, and relatively low fees, making it the first choice for many emerging projects, especially meme coins.
You can think of Binance Smart Chain as a highway, and Full Send transactions travel quickly on this highway. The security of this highway is ensured by a mechanism called Proof-of-Stake (PoS). In PoS, instead of competing with computing power (like Bitcoin), validators are elected by holding and "staking" a certain amount of BNB, and these validators are responsible for verifying transactions and maintaining network security.
Full Send's core technical features are reflected in its smart contract protocol, which implements "frictionless yield" and "deflationary" characteristics. Every time a Full Send token transaction occurs, the smart contract automatically executes the following:
- Charges a transaction fee, usually 10% of the transaction amount (some sources mention 11%).
- Half of this fee (5%) is automatically distributed to all Full Send token holders as their reward.
- The other half (5%) is permanently burned (or part is used to increase liquidity, part is burned), reducing the total token supply in the market and creating scarcity.
This design allows holders to earn rewards passively and, through continuous burning, theoretically gives the token potential for value growth.
Tokenomics
The token symbol for the Full Send project is FULLSEND. Its main issuance chain is Binance Smart Chain (BSC). Note that there may be other projects called "Fullsend Community Coin" on the market, which may run on Solana or Ethereum and have different total supplies (e.g., 1 billion), but here we focus on the original BSC-based Full Send project.
This project's tokenomics have several distinct features:
- Huge total supply: FULLSEND's initial total supply is a staggering 1 quadrillion (1 followed by 15 zeros). Such a huge supply is common among meme coins, usually to attract early investors and give them a sense of "getting rich" potential.
- Deflationary mechanism: To address the huge supply, Full Send introduces a strong deflationary mechanism. Every time FULLSEND tokens are traded, 5% of the transaction fee is permanently burned. This means that as time goes on and transactions occur, the total supply of FULLSEND tokens in the market will continue to decrease, potentially increasing the scarcity and value of the remaining tokens.
- Rewarding holders: In addition to the burn mechanism, another 5% of each transaction fee is automatically redistributed to all FULLSEND holders. This is a "static yield" or "frictionless yield" model—you don't need to do anything extra, just keep the tokens in your wallet and you'll automatically receive rewards, like interest from a bank deposit, but sourced from transaction fees.
Token utility:
- Store of value and speculation: As a meme coin, one of FULLSEND's main uses is as a digital asset to hold, hoping for value appreciation.
- Passive income: By holding the token, you automatically receive a share of transaction fees.
- Participate in the ecosystem: In the future, it may be used on the "Olympus" educational platform or other ecosystem applications.
Token allocation and unlock information:
- Reportedly, 33% of the total supply is inaccessible or has been sent to burn addresses.
- Another 9% of tokens are provided to Pancakeswap (a decentralized exchange) as liquidity.
- The development team's wallet holds 2.9% of the total supply.
- The project's liquidity is locked until 2025, which helps increase project stability and prevent the team from suddenly withdrawing funds (commonly known as a "rug pull").
Team, Governance, and Funds
Core members and team features:
Full Send has made some efforts toward transparency, and unlike many meme coins with anonymous teams, it lists team members on its official website. The project's founder and CEO is named Joshua. In addition, the team includes members responsible for branding, social media, and merchandise sales, such as Sophia (branding), Espen (social media), and Elijah (merchandise). Team members come from different countries, including Norway, Poland, and the UK, and there are two community moderators. Notably, some sources point out that although some team members are public, the founder's identity is not fully disclosed.
It's important to distinguish that there is a project called "Fullsend Community Coin" associated with the famous YouTube group NELK Boys and their manager John Shahidi. This project also has its own NFT series, "Full Send Metacard." Although the names are similar, they may be different projects or evolutions; this introduction mainly focuses on the original FULLSEND token project.
Governance mechanism:
Full Send is described as a "community-driven" DeFi project. This means that, in theory, project decisions and development directions will listen to and adopt community members' opinions more than being decided solely by a small core team. For "Fullsend Community Coin," it is explicitly stated to be fully community-governed.
Treasury and funds:
Since its launch in 2021, Full Send has obtained sufficient funds and holders to drive its development. The specific size of the treasury and fund usage is not detailed in public sources, but the project rewards holders and burns tokens through a portion of transaction fees, which forms part of its economic model.
Roadmap
Full Send has a clear roadmap outlining its development goals and milestones. Here are its historical milestones and future plans:
Historical milestones:
- 2021: Project launched and began operations.
- Liquidity lock: Project liquidity was locked to ensure fund security and prevent "rug pulls," with the lock period until 2025.
Future key plans and milestones:
- "Olympus" app launch: Plans to launch its core "Olympus" educational platform. This platform aims to educate new users and popularize DeFi knowledge.
- "Olympus Coin" development: Plans to develop a new token, possibly related to the "Olympus" platform.
- Blockchain development: Ongoing development and improvement of blockchain technology.
- Charity work: Plans to carry out charitable activities to give back to society.
- NFT launch: Plans to launch a non-fungible token (NFT) series.
- Merchandise launch: Release merchandise related to the Full Send brand.
- New exchange listings: Seek listings on more crypto exchanges to increase token liquidity and accessibility.
- Extensive marketing: Ongoing marketing campaigns to attract more users and attention.
These plans show that Full Send not only hopes to break through in token value but also aims to build a more complete ecosystem and give back to the community.
Common Risk Reminders
Friends, when learning about any blockchain project, we must stay clear-headed and recognize the risks involved. As a crypto project, Full Send also comes with some inherent risks:
Technical and Security Risks
- Smart contract vulnerabilities: Full Send's core mechanism relies on smart contracts. If there are programming bugs, it could lead to loss of funds or system attacks.
- Binance Smart Chain (BSC) risks: Although BSC is fast and low-cost, any blockchain platform may face network congestion, security vulnerabilities, etc., which could affect Full Send's operation.
Economic Risks
- High volatility: The meme coin market is known for extreme price volatility. Full Send's price may surge or plunge in a short time, potentially causing significant losses for investors.
- Highly speculative: One of Full Send's original design goals is to provide high ROI for early investors, rather than solving complex blockchain technical problems, making it highly speculative.
- Unpredictable value: No one can accurately predict whether Full Send tokens will reach a certain price target, such as 1 cent, in the future.
- Liquidity risk: Although the project claims liquidity is locked until 2025, market liquidity can still be affected by various factors, making tokens hard to buy or sell.
Compliance and Operational Risks
- Regulatory uncertainty: The global crypto regulatory environment is still evolving. Any new regulations in the future could negatively impact Full Send's operations and token value.
- Team transparency: Although Full Send has disclosed some team members, some sources note that the founder's identity is not fully disclosed, which is a common risk in crypto.
- Project execution risk: Features in the roadmap, such as the "Olympus" educational platform, have not been fully realized. The project's success largely depends on whether the team can effectively execute these development and promotional tasks as planned.
- Confusion with other projects: There are multiple projects in the market using "Full Send" or similar names, such as "Fullsend Community Coin" and "Full Send Metacard" NFT project related to NELK Boys. The latter has even faced scam allegations. Such name similarities may cause investors to confuse projects and mistakenly invest in non-target or riskier projects.
Please remember, the above information is for reference only and does not constitute investment advice. Always do your own research (DYOR) before making any investment decisions.
Verification Checklist
To help you better understand and verify the Full Send project, here are some key information and tools you can check yourself:
- Block explorer contract address: Since Full Send mainly runs on Binance Smart Chain (BSC), you can use BSCScan (BSC's block explorer) to find the FULLSEND token contract address. Through the contract address, you can view public data such as total supply, number of holders, and transaction history.
- GitHub activity: If the project has open-source code, checking its GitHub repository activity can help you understand development progress and community contributions. For meme coins, GitHub activity may not be as high as other tech projects, but it's still worth checking.
- Official website: Visit Full Send's official website for the latest project information, team introductions, roadmap, etc.
- Community channels: Follow the project's official social media (such as Twitter, Telegram, Discord, etc.) to learn about community discussions and project updates.
Project Summary
Full Send (FULLSEND) is a meme coin project born in 2021, mainly running on Binance Smart Chain (BSC). It has attracted attention with its unique "frictionless yield" and "deflationary" tokenomics model, where each transaction automatically distributes part of the fee to holders and burns another part of the tokens, aiming to increase token value by reducing supply and rewarding holders. The project's vision is to "full send" the token's value to "Mount Olympus," and it plans to help crypto newcomers understand DeFi by launching the "Olympus" educational platform.
Full Send's team is partially public and emphasizes a community-driven governance model. Its roadmap includes charity work, NFT launches, merchandise releases, and seeking more exchange listings.
However, as a meme coin, Full Send also comes with the inherent high volatility and speculative risks of the crypto market. Investors should be wary of the difficulty in predicting its value, potential smart contract vulnerabilities, and changes in regulatory policies. Additionally, there are other similarly named projects in the market (such as "Fullsend Community Coin" and "Full Send Metacard" NFT related to NELK Boys), so investors need to carefully distinguish and avoid confusion.
In summary, Full Send is a meme coin project with community culture and educational ambitions, and its unique tokenomics model aims to bring potential rewards to holders. But given the complexity and risks of the crypto market, any interest in the project should be based on thorough understanding and independent research.
For more details, please do your own research.