BabyCrib priceCRIB
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Total supply
- 0 CRIB
- Circulating supply
- 0 CRIB
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About BabyCrib
BabyCrib is a double-reflection self-burning token created by passionate BabySwap holders for the BabySwap community. We wanted to create the perfect reflection token that rewards BabySwap holders with passive income. You will passively gain BabySwap and BabyCrib tokens added into your wallet, depending on how many BabyCrib you own. Fees on Sells fuel BabySwap dividends, and fees on all transactions fuel BabyCrib reflections. Fueling BabySwap dividends with volume from Sells keeps our chart and liquidity healthy, and the added effect of burning tokens will allow us to be price-positive. Which implies that equal buy/sell pressure will cause our chart to trend upward.
Our tokenomics are what makes the future so bright for this token. We will be using the following break down: Buys and Transfers - 5% Fee 2.5% Reflects BabyCrib To BabyCrib Holders 2.5% Burns BabyCrib
Sells - 30% Fee 7% Reflects BabyCrib to BabyCrib Holders 3% Burns BabyCrib 20% Reflects BabySwap to BabyCrib Holders
In traditional reflections based tokens, taxes are typically not differentiated between buys and sells, but BabyCrib pays special attention to what operation is being performed, and applies different tokenomics depending on the situation. BabyCrib opts to directly burn and reflect tokens on Purchases and Transfers, as to not devalue the BabyCrib token (as for BabySwap dividends to be possible, BabyCrib must be sold down for BNB). Instead, BabyCrib applies a higher fee when a user tries to Sell, and it allocates the bnb received from sells toward BabySwap reflections. Using this system buys and transfers are not devalued from selling down the token, allowing for the chart to be price-positive with equal buy/sell pressure.