BABY BNB wants to honour BNB as the currency on BSC. The cryptocurrencies are at this moment still tied to BTC, including BNB. But there will be a point that they will go their separate ways. These last months BNB has become stronger and stronger. BNB is still in its infancy, it will take time to compete at the same level with ETH.
The core functions of BABY BNB are a buyback function and a passive disbursement yield whereby 2% of every transfer equally will be redistributed to the BABY BNB holders. You are earning passive money and the buyback & burn feature will stimulate a more stable price movement in time.
🔀 Token economics
A 10% tax is charged on each transaction. This can be divided into 3 parts:
♻️ 2% holders fee
Holders are rewarded with a fee for simply holding.
♻️ 5% buy-back-burn fee;
It is used to ensure the longevity of the token by frequently doing buybacks. After buying back the tokens will be burnt. In this way it has also a deflationary effect.
♻️ 3% marketing fee
The purpose of this fee is to ensure that there is enough budget available for marketing.