Connect with us

Shibarmy News

BONE $BURN WHITEPAPER

Published

on

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

Sometimes one must listen to the room. The room was shouting burn $BONE. Ryoshis listen to other Ryoshis. As a result, BONE $BURN was created. This is the “Why” via serving certain demographics that have felt underserved.

 

What is $BURN and why is it unique you ask? $BURN is a token on the Shibarium Network. It will only ever have one main pair which is $BURN/$WBONE and is only accessible on the Shibarium Network utilizing $BONE for gas. Investors can purchase $BURN on ShibaSwap DEX and https://shib.io/defi/swap V1 setting slippage at 3.1%.

 

$BURN is unique because it is solely made to burn $BONE. This is where simple tokenomics come into discussion. $BURN has a three percent buy tax. 3% is broken down into thirds. 1% is for automatic liquidity injections. 1% is for $BONE burns and 1% goes towards buy backs and dev funds. $BURN has a 10% sell tax. This tax will be reduced to 5% when we cross 500k MC and 3% when we cross 1,000,000 MC. Same flow of taxes apply for both buy and sell. As a community you have voted to burn 300 $BONE at a time and up to present date we have burned our first 300 $BONE. From this day forward we will wait until 600 $BONE is in the marketing wallet. Then we will bridge 400 $BONE to Ethereum Network and send 300 to the dead wallet address. Transparency is key and we will continue sharing all transaction hashes. The extra 100 $BONE can be swapped for ETH for gas and fees that I will need from time to time. This will obviously change as $BONE price increases, but is still dependent on ETH gas fees.

 

The key is to keep this project simple and stick to the plan. Burn $BONE.

 

$BURN links and data.

Contract Address: 0x270370f778e5669fff2933244fc20b62810bf0a2

Telegram: https://t.me/burn_bone

Shibariumscan Contract DYOR: https://www.shibariumscan.io/token/0x270370f778e5669fff2933244fc20b62810bf0a2?tab=read_write_contract

Buy $BURN : https://shib.io/defi/swap

*Copy and Paste Contract Address to Import $BURN and *Set Slippage at 3.1% . *Remember V1*

Marketing Wallet: 0x2F6186c2cAefDACcF33Cb255a1c1140303F18111

 

ADVERTISEMENT

Trending