What Is Little Rabbit (LTRBT)?

Little Rabbit is a project on Binance Smart Chain (BSC) with the focus on developing different products that can assist users with financial ventures and underwriting. According to the whitepaper of the asset, the project aims to maximize these ventures and underwriting of users using a yield farming mechanism. This framework, in turn, would provide users with a secured, sustainable, and transparent environment on DeFi (decentralized finance) to generate profit from their ventures and underwritings. The Little Rabbit project was initiated with the vision of providing users with financial solutions through the integration of different products. Further, according to the website of the asset, the project also functions as an AMM (automated market maker) on the Binance Smart Chain, in turn allowing users to trade on a DEX (decentralized exchange) to generate profitable returns.

Besides providing users with these facilities, Little Rabbit further aims to develop its own NFTs, Web DEX (Web-based decentralized exchange), and other similar products, thus allowing the project to create its own ecosystem where users can participate and to generate profit through trading by exchanging NFTs and other activities. Further, to support these activities and ensure a smooth operational framework within the project’s ecosystem, Little Rabbit launched its cryptocurrency, the LTRBT token.  

LTRBT is the utility token of the Little Rabbit project and has been developed on Binance Smart Chain while functioning using smart contracts. The token serves many different utilities on the platform and is used for:

• Trading NFTs on the platform

• Participating in the Web DEX of the platform

• Performing staking and farming with the aim to generate reward

• Collecting fees on the platform

Besides these utilities, the LTRBT token also provides the provision of generating gasless yield for token holders. Gasless yield signifies a reward for the token holder for simply holding the token in their wallet. Other than these utilities, the token also reflects many different features, i.e.:

• Auto addition and locking in the liquidity pool

• Auto redistribution of fees to token holders as rewards

• An auto coin-burning mechanism against every transaction to keep the token deflated. The coin-burning mechanism highlights the removal of the token from circulation by sending it to an inaccessible wallet to decrease supply and increase the asset price.

These features, along with the utilities of the token, ensure a smooth operational structure for users on the platform while helping maintain a healthy ecosystem within the Little Rabbit project.

History of Little Rabbit (LTRBT)

According to the whitepaper, the Little Rabbit project was launched in the second quarter of 2021. Further, the token of the project has a maximum total supply of 100,000,000,000,000,000,000,000 LTRBT.

How Are LTRBT Tokens Created?

LTRBT is the utility token of the Little Rabbit project and is minted on Binance Smart Chain backed by smart contracts. The token serves many utilities on the platform and functions as a medium to maintain a healthy ecosystem within the Little Rabbit project.