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test babyBUSD
August 02, 2021, 07:12:19 AM
#1
About BabyBUSD
BabyBUSD is the first BUSD reflection token.
“Hold BabyBUSD and get rewarded in BUSD on every transaction, automatically on your wallet.”
BabyBUSD is the next evolution of a yield-generating contract on the Binance Smart Chain (BSC): you get rewarded in BUSD instead of tokens.
The mechanism incentivizes token holders to hold in order to earn dividends from the transactions (buys and sells).
Redistribution is based on percentage holdings of BabyBUSD.
Auto Paid periodically throughout the day: Holders don’t need to claim their earned BUSD. It’s automatically sent to the wallets throughout the day.
BUSD Smart distribution: For the first time ever, the holders don’t need to buy tokens to be able to receive their rewarded tokens on their wallets.
There is a 15% tax on all buys 10% BUSD REWARDS , 5% goes to Auto-liqudity and a 21% tax on sells 14% BUSD REWARDS with 7% going to Auto-liqudity.
Secured By Design: Initial liquidity is locked with DXSALE for more than 10 years.
Smart distribution mechanism: - The contract keeps track in an array of all token holders. - The contract keeps an index into the array for processing. - Every transaction processes a certain number of users, depending on the transaction size (bigger token transfers can process more, since the gas will still be proportionally less than the value of the tokens). -The token is based on a Dividend-Paying Token Standard, which means all BUSD the contract gains will be split equally proportionally to the token holders. -When a user is processed, the contract checks how many withdrawable dividends they have, and if it is above the minimum threshold for auto-claims, will either automatically claim those dividends for BUSD, or automatically buy back tokens for them. -This system is fully automated and doesn't add minimal gas fees proportional to value transferred. -The number of holders processed through each transaction is dynamic and based on transaction size. -Holders will receive dividends from the queue based on their position in the array. It's a fair system, fully automated.
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