What Is Baby Doge Inu?

Baby Doge Inu (BABYDOGEINU) is a deflationary cryptocurrency utilized for yielding and liquidity generation. As per the whitepaper, the platform's protocol directly rewards the holders while continuously increasing liquidity. The smart contract of Baby Doge Inu applies a fee of 15% on all transactions. Out of this, 8% is distributed to traders automatically, without farming. This means that the token amount in traders' wallets increases as people transact. This way, traders get paid for just holding the Baby Doge Inu token. Additionally, the Baby Doge Inu smart contract takes 3% of every transaction and adds it to the liquidity pool automatically. The liquidity pool continuously increases, which results in a higher price floor of Baby Doge Inu.

Holders are also rewarded for the growth of Baby Doge Inu, with higher transaction volumes resulting in increased fees and rewards for allocation. This mechanism offers investors an active stake in the token's success. The platform empowers community members worldwide, such as school sponsorships, housing support funds for the homeless, skills acquisition funding for training members on blockchain technology, and additional technical works. Community members are eligible for all these benefits with just one click, filling out necessary forms.

As per the whitepaper, the platform's wallet is established with the best technology, allowing holders to keep their tokens safely for the long term without any attack. The wallet is not limited, as it can trade other cryptocurrencies.

History of Baby Doge Inu

Peter Parente founded Baby Doge Inu. He is a Marine recon veteran, multi-award-winning author, and blockchain expert.

BABYDOGEINU token is native to the platform. 39.5% of the entire supply of Baby Doge Inu token was sent to the black hole address, which reduced the supply permanently. Because of the black hole address, no token can be accessed or removed once sent to the address.

The token has a maximum total supply of 1,000,000,000,000,000 coins.