miniBABYDOGE is a BEP-20 token and is a community-driven cryptocurrency. The platform aims to create a strong community through constant social media engagement on the native channels. Inspired by the aim, miniBABYDOGE works toward a mission to develop a product ecosystem. The ecosystem seeks to have the ability to minimize the difficulty and learning curve for new adopters.
MiniBabyDoge is a yield-generating contract on the Binance Smart Chain (BSC). Yield-generating contracts are a part of yield farming. In simple terms, yield farming is a way of earning yield on cryptocurrency. Here the users get rewarded in BNB instead of tokens. BNB or Binance Coin is the cryptocurrency issued by the Binance exchange.
The project anticipates converting the Mini Baby Doge (MINIBABYDOGE) token into a holding-based token with an auto-BNB facility. The auto-BNB facility aims to reward holders every 20 minutes for holding the token. Doing so can also facilitate mainstream adoption of decentralized blockchain technology.
The native currency of the platform Mini Baby Doge (MINIBABYDOGE) combines the TIKI and BABYDOGE tokens. Marketing teams of both the tokens combined to make the MINIBABYDOGE coin. The new token seeks to automatically reward holders with BNB for holding.
Running on Binance Smart Chain (BSC), the protocol aims to use a host of smart contract functionality. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. The protocol decides the number of tokens to be rewarded, and these BNB rewards seek to increase over time as the token value increases.