Tokenomic
HypeShiba Tokenomics
Token Name: HypeShiba
Ticker Symbol: HSHIBA
Total Supply: 1,000,000 HSHIBA
Decimals: 18
Blockchain: Binance Smart Chain (BSC)
Distribution
Initial Supply:
All 1,000,000 HSHIBA tokens will be minted at the time of contract deployment and allocated to the founder’s wallet.
Community Rewards:
A portion of the tokens will be set aside for community engagement and rewards, such as airdrops, contests, and participation incentives.
Development Fund:
Reserved tokens for ongoing development, marketing, partnerships, and future improvements to ensure the project’s growth and sustainability.
Liquidity Pool:
A certain amount of HSHIBA tokens will be allocated to liquidity pools on decentralized exchanges (DEXs) like PancakeSwap to facilitate trading and provide stability to the token’s price.
Transaction Tax
Buy and Sell Tax: 0.1%
50% Burn: Half of the tax amount collected from each transaction will be permanently removed from circulation (burned), reducing the total supply and increasing the scarcity of HSHIBA tokens.
50% Tax Wallet: The remaining half of the tax amount will be sent to a dedicated tax wallet. These funds will be used to support the project’s development, marketing, and community activities.
Key Metrics
Initial Minting:
Founder’s Wallet: 1,000,000 HSHIBA
Tax Mechanism:
0.1% Transaction Tax: Applied to both buy and sell transactions
50% Burn: Reduces total supply
50% Tax Wallet: Supports project development
Use of Funds
Community Rewards:
Airdrops to early adopters and active community members
Incentives for participating in community events and referrals
Rewards for staking HSHIBA tokens
Development Fund:
Funding for ongoing development and feature enhancements
Marketing campaigns to increase visibility and adoption
Strategic partnerships with other projects and platforms
Security audits to ensure contract safety and integrity
Liquidity Pool:
Initial liquidity provision on PancakeSwap
Ongoing liquidity management to ensure a smooth trading experience
Liquidity Lock: The liquidity pool (LP) tokens will be locked by sending them to a dead address, ensuring that the liquidity cannot be withdrawn and providing additional security and trust to the community.
Ownership Renouncement
To ensure complete decentralization and enhance trust within the community, the ownership of the HypeShiba smart contract will be renounced after deployment. This means that no single entity will have control over the contract, preventing any changes to the tokenomics or other critical features without community consensus.
Transparency and Reporting
To maintain transparency and build trust within the community, HypeShiba will provide regular updates and reports, including:
Monthly Transparency Reports: Detailing the use of funds, token burns, and project progress.
Community Feedback Channels: Open channels for community suggestions and feedback to guide future developments.
Conclusion
HypeShiba’s tokenomics are designed to ensure sustainable growth, community engagement, and long-term value appreciation. By implementing a 0.1% transaction tax, with half of it burned and half directed to the tax wallet, we aim to create a deflationary token that rewards its holders and supports continuous development. The renouncement of contract ownership ensures complete decentralization and trust within the community. Additionally, locking the liquidity pool by sending LP tokens to a dead address ensures the security and stability of the token. Join us on this exciting journey and become a part of the HypeShiba revolution!
For more information, visit our website and join our community on Twitter and Telegram.