Bitshiba Team Launches their No-minting Fixed-supply Token
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Bitshiba team launches their no-minting fixed-supply token $SHIBA. Unlikey majority of the names such as BTC, Bitshiba won't require minting, as every token that will ever exist will already been created, in saying of the team.
The team went further to explain that “50% of all BitShiba tokens were added directly to liquidity on Pancakeswap and the remaining 50% were intentionally destroyed forever by sending them to the 0x000... burn address. DEX Liquidity is locked until 2099. The BitShiba community controls 100% of all tokens.”
Users are welcome to a listing voting session codenamed Kickstarter with free airdrops between 03:00, February 16, 2022, to 10:50, on the same day. Votes will be done with $SHIBA to vote in favour of getting $SHIBA listed.
While explaining the rationale behind the voting exercise, the team noted that it is excited to launch a session of Kickstarter, a listing campaign initiated by the project team before launch where users can stake tokens to vote towards a predetermined goal.
Once the team hits the goal, the listing process will start and free token airdrops will be arranged for participating users prior to the listing.”
SHIBA is a community-owned token with 1,000,000,000,000,000 tokens. 50% of the total supply will be added to liquidity pool and locked forever while another 500 trillion tokens, representing the other 50%, will be burned.
If you are eager to join the voting process, you can participate in the Kickstarter by staking $SHIBA tokens and stand a good chance of winning free airdrop projects.
Your spending power and the amount of $SHIBS you can own is a function of your Spot Wallet’s balance at the
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