As most people get in the mood of the festive season, the Little Baby Doge project has gone a step further to ensure the Christmas spirit never fades away.
Little Baby Doge’s Pioneer Buyback Feature
As a Christmas Gift to the $LBD community, the team activated the project’s unique buyback feature to keep the token price rising and to ensure no unwarranted dumps occur. Little Baby Doge has been making waves; from BTOK partnerships, to their CoinTiger Listing, and now a feature that is synonymous with the stock market.
The project’s smart contract triggers buyback when this feature is activated and this happens with every sale, automatically.
For those that are finding it hard to comprehend the workings of a buyback, here is a simple explanation: In the centralized world, when a firm buys issued shares to reduce the number of shares available on the open market, it is referred to as a “Buyback.” Simply put, the firm is buying back its shares from the existing shareholders in the stock market, usually at a price that is higher than the market price.
This practice is very much needed in the decentralized world, especially with a cause-driven project like Little Baby Doge that you are assured of these tokens going to a good cause.
When it comes to an alternative coin like $LBD, once the buyback function is activated, the value of the tokens will increase and holders will be encouraged to keep holding.
For the Little Baby Doge project, buyback contracts automatically collect a 6% buyback tax on each transaction stored inside the contract. The contract triggers buybacks when a sale occurs, and a portion of this buyback amount is automatically used to purchase tokens from the liquidity pool.
About the Little Baby Doge Project
Little Baby Doge is a hyper-deflationary decentralized buyback token, community-driven project that aims to reduce global warming by using the crypto ecosystem to wage a war against climate change.
The focus is on revamping the crypto scene by looking for new approaches through which cryptocurrencies can use to fight climate change as well as taking part in charitable endeavors.
Founded in Stockholm, Sweden in 2021 by an international team of climate change activists, the team is trying a slightly different strategy than what has previously been explored; it’s all about making climate change charitably fun rather than focusing on the dreadful consequences of climate change.
As the project’s success grows, the altcoin’s attempts to help more charities will increase, solidifying it as one of the most interesting new altcoins in the crypto market.
The visionary underdog in the Dogecoin family offers comprehensive digital investment alternatives whilst maintaining its fight against the climate menace. Some of the project’s leading features include:
The Little Baby Doge token is working tirelessly behind the scenes to break the proverbial memecoin ‘glass ceiling’ by doubling down on its partnership and marketing efforts.
For more information, visit the project’s website and socials:
Mail: [email protected]
Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2000. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Source : bsc.news
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