What is Boda Token?
Welcome to Boda Token - A hyper deflationary reward token built on Binance Chain allowing holders to automatically earn returns in USDT just for holding BODAV2 tokens.
Introduction
Boda Token was first created in April 2021. Originally it was a hyper deflationary reflection token. A Version 2 (V2) upgrade of Boda Token was launched in September 21 2021, changing to a hyper deflationary USDT reward token. The current token in operation is BODAV2. Audited by Certik and Dessert Finance. Complete KYCed Team primarily operating out of Australia.
BODA V2 Contract Address
0xdc847755343C3A2B94d6aFC0aAE57651E1b14064
Verified Contract on BSCSCAN - https://bscscan.com/address/0xdc847755343c3a2b94d6afc0aae57651e1b14064#contracts
Name - Boda
Decimals - 18
Symbol - BODAV2
Chain - Binance Chain (BEP20)
Main Features
Earn $USDT
Earn USDT automatically just for holding BODAV2 tokens. From every buy transaction, 6% of the buy fee is converted to $USDT automatically. From every sell transaction, 13% of the sell fee is converted to $USDT automatically. This allows holders to earn up to 19% in $USDT from every combined buy and sell transaction. The reward system operates in the same manner that dividends operate within shares on the stock market. The more tokens you hold, the more rewards you will earn.
Currently, a minimum of 3 Billion (3,000,000,000) tokens is required to qualify for $USDT reward earning. This limit is in place to prevent manipulation of the reward system, but can be adjusted in the future based on community voting.
Auto-Burning
2% from every Buy & Sell order is auto-burned. This means that BODA V2 is a hyper-deflationary token where overall supply will continue to decrease over time. Burning supply and removing it from circulation means that the overall value and scarcity of the token will increase with each transaction, as will the per-token share of rewards for holders. Less tokens in supply = more rewards for holders. Auto-Burned tokens are locked in the BODAV2 Smart Contract Address forever and can never be removed - https://bscscan.com/token/0xdc847755343c3a2b94d6afc0aae57651e1b14064?a=0xdc847755343c3a2b94d6afc0aae57651e1b14064
Manual Burning
1.5% from every Buy & Sell order is stored for a Manual Token Supply Reduction. The collected tokens will be sent to the dead (burn) wallet at the start of each week. Reducing the supply of a token helps to make the token more scarce and increase value over time as there will be fewer tokens available in the open market. Less token supply gives an increase in BUSD rewards per token. Manually Burned tokens are sent to the dead wallet address - https://bscscan.com/token/0xdc847755343c3a2b94d6afc0aae57651e1b14064?a=0x000000000000000000000000000000000000dead
Token Buy Back
Revenue collected from sources such as the Merchandise Store, Yield Farm, NFTs, and BODA Swap Exchange will aid in the purchase of BODA V2 tokens directly from the liquidity pool. This is commonly known as a token buyback. Token Buyback will occur every 3 months.
BodaSwap Exchange
The BODA Swap Exchange will trade tokens without slippage fees, allowing users to gain more tokens per swap. BabyDoge will be the first tokens to be listed, with more to follow! A fiat on-ramp portal will be connected to the swap exchange allowing users to purchase crypto directly with Fiat payments. Revenue generated from all trades will go straight back into buying back BODAV2, which will help to increase trade volume and add to the USDT rewards.
Dashboard App
The BODA V2 Dashboard dApp is where holders can track and monitor their USDT reward earnings. The dApp will onboard the Yield Farm, Governance voting system, Token Locker, Token Minter, Lottery Games, NFT Marketplace and other future utilities.
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