Balancing scarcity and accessibility
Babbu’s goal was to build an economic model that was sophisticated enough to be achieved and balanced for everyone to use.
- Simple: Build an intuitive and transparent model.
- Fair Distribution: Provide access to a significant portion of the world’s population with Babbu.
- Scarcity: Create a sense of scarcity to maintain the price of Babbu over time.
- Resource Mining: Rewards for contributions to building and maintaining the network.
Token is issued based on the Binance Smart Chain, which is completely decentralized, without any private equity and team reservations, Besides, by combining burning mechanism, innovative Auto-Liquidity function and NFT together, Babbu liquidity is allowed to increase rapidly.
With a combination of features that other tokens don’t have. users are able to get a power house token out of the hands of anyone, except the community.
1. Fully decentralized
Babbu Token is a community-sourced, community-service, and self-governed MEME Token. The total initial issuance of $ Babbu is 21 billion, of which:
- 50% were burned by breaking into the blackhole address;
- 30% is put into PancakeSwap 2.0 to establish initial liquidity;
- 12% will be gradually burned after reaching the number of address holders.
- 8% For project development team and Gamelab development.
$Babbu is completely decentralized, without any private equity and team reservations, and the liquidity in PancakeSwap 2.0 will also be permanently locked.
2. Automatic income when holding Babbu Token.
- 10% of each transaction amount on the $BABBU chain will be deducted and redistributed, of which:
- 4% is allocated to the currency holding address;
- 3% is exchanged for $BABBU/$BNB and injected into PancakeSwap 2.0 liquidity pool
- 3% is allocated to NFT Farming POOL.
Every time an on-chain transaction occurs, the number of Tokens in the holding address will increase, which means that the total value of your assets will continue to increase.
3. Super Burn Mechanism
Babbu Token is a Token issued based on the Binance Smart Chain. It uses a super burn mechanism, and its quantity will burn very quickly to reduce the total supply in issuance. The blackhole address (Galaxy Hole) had more than 50% of the supply when it was first issued. The blackhole address is also the currency holding address, and 4% of the transaction fee will be distributed to all wallet holders.