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BuffedShiba ($BSHIB) – Features, Tokenomics, and Free NFT Airdrop

BuffedShiba is a community-driven deflationary token seeking to help small investors increase gains while protecting them from whale attacks.

In recent months, numerous Shiba-inspired tokens have surfaced on the market. And, while some are riding Shiba Inu’s popularity wave, others are building actual projects with long-term development roadmaps.

It is the case of BuffedShiba, a crypto token granting access to multiple blockchain-based platforms. Furthermore, it does so by using 100% of its supply as liquidity and limiting the amount a wallet can hold. This way, it can transform giant whales into small fish.

Additionally, BuffedShiba is expanding its offer of crypto assets. In this regard, the project will airdrop a free NFT to all holders on November 24.

In this short BuffedShiba review, we look closer at one of the latest projects to propose deflationary assets. Read on to discover its features, tokenomics, and more details about the upcoming NFT airdrop!

What Is BuffedShiba?

BuffedShiba ($BSHIB) is a deflationary BEP-20 token on the Binance Smart Chain (BSC). This virtual coin powers a DeFi platform by the same name, which is out to stop big whale interference and monopoly.

In most decentralized finance protocols, early investors acquire colossal amounts of tokens. Next, they gain the upper hand on traders that join the protocol later. And, similar to real whales, they eat these small-fish investors by buying their tokens at dismal prices. In the end, they have enough power to decide the token’s market value and guide the protocol’s fortune as they please.

BuffedShiba flexes its muscles against these investors with innovative anti-whale features. For example, it restricts the number of tokens a wallet can hold, a maximum of 0,5% of the total supply. Also, the protocol periodically burns tokens and dilutes the supply to turn whales into smaller fish.

The project launched at the end of October 2021 on PancakeSwap. And, during the release, it locked 100% of the total supply as liquidity in Unicrypt-LP.  Also, as part of the embedded auto-liquidity mechanism the added LP-Token are burned.

$BSHIB Tokenomics

Here are some details about the $BSHIB token we know so far:

Total Supply: 100.000.000.000.000 (100 Trillion) $BSHIB

Deflationary: 1% of each transaction gets burned

Auto-Liquidity: 1% of each transaction becomes part of the liquidity pool. However, these LP-Tokens burn later.

Anti-Whale Feature: The maximal balance of each wallet is 0.5% of the total supply.

Locked-LP: The project locked the LP-Tokens in Unicrypt.

Transfer Fee Structure:

  • 1 % Auto-Liquidity
  • 5% Marketing
  • 1 % Burn
  • Max. Fees Total: 10%

Token Distribution according to the BuffedShiba whitepaper:

  • 100% Public
  • 0% Presale
  • 0% Private
  • 0% Advisors
  • 0% Team

Investors can buy BuffedShiba tokens on PancakeSwap with BNB. Also, they can store them in the MetaMask wallet or any crypto wallet compatible with BEP-20 tokens. Lastly, at the time of writing, the token’s slippage was 8%. While the developers have not renounced token ownership yet, they plan to do it later.

Upcoming NFT Airdrop

The BuffedShiba team aims to attract more attention towards the project by airdropping exclusive NFTs to $BSHIB holders. These non-fungible assets will act as access cards to an exclusive club, the BuffedShiba Billionaires Club (BBC).

This club will have 3 tiers: gold, silver, and bronze. Also, it will provide token holders with special privileges in upcoming updates. For instance, BuffedShiba plans to release a P2E-like NFT mini-game later down the road. Lastly, the club members will have exclusive access to content and future airdrops of NFT collectibles.

To participate in the upcoming airdrop, investors will have to hold:

 – 1B $BSHIB to enter the Bronze tier

 – 10B $BSHIB to enter the Silver tier

 – 100B $BSHIB to access the Gold tier

Exclusive BBC Giveaway

BuffedShiba will provide members with exclusive access to a giveaway contest as part of the membership launch. This way, the $BSHIB holders that qualify at least for the Bronze tier have a chance at winning high-tier prizes.

Roadmap

Although it barely surfaced on the market, BuffedShiba is rapidly increasing its gains. For instance, it has already checked several of the boxes on its roadmap. Also, the project’s CEO and developer programmed a secure contract, which went through strict audits and thorough security checks. Prestigious industry auditor, Solidproof, has successfully audited the project.

So far, BuffedShiba has launched on BSC, obtained KYC and audit reports, and started a marketing campaign. In the future, the project should complete the airdrop for the BuffedShiba Billionaires Club (BBC). Also, it should revamp the website, release an NFT mini-game, and renounce token ownership.

Final Thoughts

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BuffedShiba is still in its early days but advancing rapidly. Its goal to prevent whale control and interference should please expert and newbie investors alike. Furthermore, the token’s deflationary nature and burning mechanism should increase its value in the long run. Now, we just have to wait and see how fast the project will advance across its ambitious roadmap.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More

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