## What Is Papel token (PAPEL)?

Papel Token is a decentralized finance (DEFI) token.   

Reflection + LP acquisition + Burn In each trade, the transaction is taxed a 10% fee, which is split 2 ways.

5% 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 PAPEL tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap.

## How Many PAPEL Coins Are There in Circulation?

PAPEL contract has been deployed Apr-08-2021 08:58:36 AM +UTC.

1,000,000,000,000,000 tokens minted the first day  
   897,000,000,000,000 tokens already burned (90%)
   103,000,000,000,000 supply



### Who is the Founder of Papel token?
The founder is anonymous. People calls him "Professor". They say he is a software architect from Europe and he is 32 years old. Nobody knows him. This create a lot of curiosity and hype around the the man and the project.


### Where Can I Buy Papel Token (PAPEL)?

PAPEL is available for trading on a growing number of exchanges.

[PancakeSwap](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x557dd6700e66818af340cce17fd4508ced81fbc1) offers the largest number of pairs. But many other exchanges will come soon.

New to cryptocurrency? Read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token.

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