The project was born in the middle of the explosion of the DEFI world, from an idea of young entrepreneurs who want to introduce the fundamentals of the crypto world in everyday life, breaking down the preconception that often binds the cryptocurrency to the purposes of mere speculation. SpongeBob Square is created, in fact, to be the very opposite: it is indeed a token by its nature deflationary based on the BSC, as each transaction is subject to commission of 10% so divided: 5% redistributed to all holders (in proportion to the amount of tokens in the wallet). 2.5% is sold in BNB and is combined with the remaining 2.5% of SpongeBob Square and deposited in PancakeSwap as liquidity pool. Obviously this discourages the use of SpongeBob Square as a speculative tool and makes it a true store of value. And this is only one of its many peculiarities.
http://www.spongebobsquare.com/
