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TumsUp Token (TUM)

TumsUp (TUM) is an experimental ERC-20 token project, created purely for learning and testing purposes.
The goal of this project is to practice writing, deploying, and managing smart contracts on Arbitrum One using Solidity and Foundry.

Important Notice
This project has no commercial value and no financial purpose.


Features

  • Fully Renounced Ownership
    Ownership has been completely renounced using renounceOwnership().
    No individual or entity has control over this contract or the token after deployment.

  • 5% Burn Mechanism
    Every transaction automatically burns 5% of the transferred amount.
    These tokens are permanently removed from circulation by sending them to the address(0).

Below is a simple flow showing how 5% of every transaction is permanently burned:

Example:

  • Vitalik sends 100 TUM to Satoshi

  • Satoshi receives 95 TUM

  • 5 TUM are burned forever

  • Fixed and Capped Supply

    • Total supply: 420,000,069 TUM
    • No additional tokens can ever be minted.
    • 100% of the supply was minted to the Safe multisig wallet during deployment.
  • EIP-2612 Permit Support
    Allows gasless approvals via signed messages instead of on-chain approve transactions.


Deployment Details

  • Network: Arbitrum One
  • Chain ID: 42161
  • Token Decimals: 18
  • Contract Address:
    0x90F9D143a4582507C08fde006FAF9ce92997F76F

Disclaimer

This project is for educational and testing purposes only.
It is not associated with any token sale, airdrop, or commercial product.

The creators of this project are not responsible for any losses, damages, or issues that may occur from using this software or interacting with the token.


Contact

For questions or feedback, feel free to reach out:

Email: [email protected]


License

This project is released under the MIT License.
You can read the full license here: MIT License

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