$BBTC 0xdeE...F1c2

New Token Burning Policy in BBTC 🔥

As we announced a week ago, we have decided to propose a new way to continue with the token burning dynamics and thus reduce the number of circulating tokens. This will make the token more scarce over time, as many members of the community have been requesting.

The proposed dynamics are as follows:

A location will be allocated 3% of the total supply (in practice, this would imply a participation of more than 6% if we consider the tokens currently burned in the dead wallet and that this same wallet does not participate in token dividends). This wallet/contract (which I will explain below) will be another participant in the distribution made with the 5% transaction fee, but unlike you, the holders who accumulate tokens for personal use, this wallet will be responsible for burning all the dividends it receives!

To explain a bit more, currently a 5% fee is charged for each transaction. Of the amount obtained, approximately 6% would belong to the wallet that collects tokens for burning. In other words, 0.3% of the transferred tokens would be burned per transaction.

At the beginning, we established a wallet dedicated to collecting tokens for burning, to which we currently send 1% of the supply, and we will gradually increase the percentage weekly until we reach the 3% target. The burns in this phase will be done manually and in their entirety at the end of each month.

Then, we will establish a smart contract that will receive and burn tokens automatically.

We will update this post based on new developments.

Best regards!

BBTC to the moon!



Important Update about Baby Bitcoin!

We are currently updating the website with the new information

Dear Baby Bitcoin Community,

We want to keep you informed about the exciting changes coming to our project. As part of our continuous quest for improvements and opportunities for our holders, we are undergoing a change from the Binance Smart Chain (BSC) to the new Genesys Network.

What does this mean for you?

– Network Change: We are transitioning from the BSC to the Genesys Network to harness its scalability and efficiency advantages.

– Updated Contract: We have made adjustments and enhancements to the Baby Bitcoin contract to align it with our vision and objectives. This will enable us to provide you with an even better experience.

– Temporary Trading Halt: To ensure a seamless transition, we will temporarily halt trading of Baby Bitcoin until Lotus DAO is launched, and we can add liquidity on the Genesys Network. This is expected to occur around September.

– New Benefits: As part of this change, Baby Bitcoin will be listed on the MEXC and BITFOREX exchange platforms. This will provide you with more opportunities to trade and maximize the value of Baby Bitcoin.

We are committed to transparency and want to ensure you are aware of these exciting changes. Soon, you’ll be able to enjoy an enhanced experience and exciting opportunities on the Genesys Network.

Thank you for being part of the Baby Bitcoin community, and we look forward to sharing more details with you as we move forward in this exciting phase!