Baby PengolinCoin Introduces Enhanced Tokenomics, Offering Increased Benefits to Investors

CryptoVin
2 min readJul 14, 2023

Introduction:

In a move that aims to empower its investors and keep the token’s strong deflationary mechanisms, Baby PengolinCoin, a hyper deflationary BEP20 token on the Binance Smart Chain, is thrilled to announce a significant reduction in transaction taxes. With this strategic change, investors can now enjoy an enhanced experience and increased benefits from their participation in the Baby PengolinCoin ecosystem.

Reduced Transaction Taxes: A Win-Win Situation for Investors

The revised tokenomics of Baby PengolinCoin reduce the transaction taxes from the previous 5% to an optimized 3%. This decision was made to provide investors with more control over their investments and enhance the token’s value proposition. Let’s delve into the various components of the new tax distribution and explore the benefits for investors:

1. Distribution to Holders:

With 1% of each transaction now being distributed to holders, investors become active participants in the growth of Baby PengolinCoin. This feature incentivizes long-term investment and loyalty, as token holders receive a proportional share of the transaction volume. Simply put, the more tokens an investor holds, the more they stand to benefit from the distribution.

2. Project Wallet:

To demonstrate its commitment to positive social impact, Baby PengolinCoin has allocated 2% of each transaction to a dedicated project wallet. The increased amount will give BPGO the flexibility to do buybacks, burns, add liquidity, marketing, exchange listings, etc. accordingly. This feature not only benefits the broader community and project but also helps promote the long-term sustainability of the token ecosystem.

3. Renounced Contract

The BPGO contract has been renounced. The BPGO team can no longer manipulate or control the contract. This means that taxes, anti-whale, whitelisting, blacklisting or any other part of the BPGO contract can be changed. This will instill even more trust and confidence for investors and prospective investors.

Conclusion:

The introduction of enhanced tokenomics in Baby PengolinCoin brings a multitude of benefits to investors. The reduction in transaction taxes, coupled with the well-balanced allocation of funds, aims to create a sustainable ecosystem that fosters long-term growth and investor confidence. With a focus on holder rewards, liquidity pool strength, token burning, social impact, and buyback initiatives, Baby PengolinCoin strives to provide an attractive investment opportunity in the hyper deflationary token space. Investors can now look forward to an improved investment experience and a brighter future with Baby PengolinCoin.

For more information about BPGO and how to buy it, please go to our website! Thank you!

https://www.babypengolincoin.xyz

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CryptoVin

Investor, Advisor, Co-Owner of PengolinCoin and Owner of Baby PengolinCoin