About
'm your friendly company CEO, Naomi. Here at Shiba Corp, we're on our way to building a project with a viable utility in the meme coin space on Binance Smart Chain! Shiba Corps native token, bShiba, will be the sole currency used within our enterprise. It will eventually be required for varying degrees of access to our upcoming platform! Before you jump in, bShiba has a few properties and mechanics you should know about:
Numbers are important! To buy or sell bShiba, you need to know about its mechanics! bShiba token does a few interesting things when you decide to trade it. This includes buying AND selling! Whenever you trade bShiba, the slippage on Pancakeswap needs to be 11%. This is because bShiba token implements a tax on each trade which goes back into the ecosystem, making bShiba more robust and and less volatile as time progresses!
Binance Smart Chain has much lower fees compared to the Ethereum network. Because of the complexity of bShibas code, it makes a lot more sense to run it on Binance Smart Chain! As an enterprise, we have to study the market and make viable executive decisions! Binance smart chains low fees makes sure anyone can get on board the Shiba train! The other benefit is that Binance smart chain tokens can be integrated with Metamask AND Trust wallet, so you don't have to fiddle around with different wallets to store bShiba tokens!
Tokenomics
For each trade, 5% of the total trade is taken and added to the bShiba-BNB liquidity pool on Pancakeswap! This contributes to an ever-growing liquidity pool and helps bShiba maintain its health. Since each trade adds more to the liquidity which is automatically locked (thanks to the magical code), volatility from big buys or sells is not as impactful! Nothing is wasted, in fact it is made to automatically benefit Shiba Corps whole ecosystem!