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Shiba Corp

$BSHIBA
Today
0
Total
1
BNB Address:
0x6158b3435DC3bc54a19A32Da2A2ed22aeC3bEF3e

Coin Info

Market Cap:
$166,168
Launched:
20/04/2021
Network:
BNB

Coin Safety

Project Brief

What is Shiba Corp (bShiba)?

bShiba is a community driven, fair launched DeFi Token which works by applying a 10% fee to each transaction, where 5% of the transaction fee is instantly split among all holders of the token and the other 5% fee is added and locked into the bShiba-BNB liquidity pool on Pancakeswap.

How many bShiba are currently in circulation?
bShiba has a total supply of 1,000,000,000,000,000 coins. Upon launch, 20% of the whole bShiba supply was sent to the burn address thus reducing the circulating supply to 800,000,000,000,000. Furthermore the circulating supply will continue to decrease as time goes on due to the burn address continuing to 'earn' bShiba in fees means the burn address is constantly growing, making bShiba a deflationary currency.

What makes bShiba unique?
For each trade, 5% of the total trade is taken and added to the bShiba-BNB liquidity pool on Pancakeswap. This contributes to an ever-growing liquidity pool and helps bShiba maintain its health. Since each trade adds more to the liquidity which is automatically locked, volatility from big buys or sells is not as impactful

Why Binance Smart Chain?
Binance Smart Chain has much lower fees compared to the Ethereum network. As an enterprise, we have to study the market and make viable executive decisions. Binance smart chain's low fees makes sure anyone can get on board.

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