Baby Floki Coin (BABYFLOKICOIN) is a cryptocurrency developed to offer rewards to users on every transaction occurring on the platform. The platform uses a redistribution mechanism through which 5 percent of every trade made on the ecosystem is transferred to the wallet of the user.

The ecosystem is said to be launched by the members and fans of the Doge as well as the Shiba Inu community. The platform claims that BABYFLOKICOIN is Elon Musk’s very own Shiba Inu developed with the mission to become the first puppy to travel to the moon.

Since the protocol uses a redistribution mechanism, users are allowed to earn just by holding the native token, BABYFLOKICOIN in their wallet. The burn wallet also receives a portion of the redistributed reward to ensure the deflationary effect of the token. Burning is the process of removing coins from circulation by sending them to an inaccessible wallet address, thereby increasing the value of the token. Along with this, 7 percent of every transaction is contributed to the auto-generating liquidity which is further added in the multiple pools available in the market. Auto-generating liquidity is a mechanism to bring liquidity to the project by trading the tokens on diverse pools.

The total supply of BABYFLOKICOIN is 1,000,000,000,000,000 tokens. The ecosystem is in the sixth phase of development where the platform has developed the NFT marketplace and made donations to various animal shelters.