BitMart, a premier global digital asset trading platform, will list Baby Lovely Inu (BLOVELY) on November 25, 2021. For all BitMart users, the BLOVELY/USDT trading pair will be officially available for trading at 03:00 AM EST.
What is Baby Lovely Inu?
Baby Lovely Inu, is a decentralized deflationary token. BLOVELY vision is to make the record by growing token price from 0.00000001$ to 0.01$ in the 6 month.
BUYBACK/BURN PROCESS:
Baby Lovely Inu buyback/burn function,also known as “The Plutus” is funded by a 2% strateqic buyback fee.The Plutus is the Greek god of wealth, and acts as a safety net for all Baby Lovely Inu holders.
The tokens collected from the fees are converted into BNB and securel locked and stored in the Baby Lovely Inu buyback contract. These funds are known as the Plutuss Reserves.
These reserves then become independent of the price of Baby Lovely Inu The contract is coded so that the BNB in the Plutus’s Reserves cannot be withdrawn and can only be utilized for the purposes of buying back Baby Lovely Inu tokens from the open market and burning them.
When the buyback function is turned on, the contract automatically buys back and burns tokens after every sell transaction.
Once the Baby Lovely Inu tokens are bought back,the new BNB
amount is added to the liquidity pool and the Baby Lovely Inu tokens bought are immediately burned.
This creates a true burn and guarantees the price per token will increase every time the buyback is activated.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 370+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About Baby Lovely Inu
Baby Lovely Inu is a hyper deflationary token created and thought by holders, it works as an independent liquidity generation protocol and frictionless autonomous yield farming together with manual burn and buyback features. To learn more about Baby Lovely Inu , please visit their website, follow their Twitter and join their Telegram.
