INTERNET CITY, DUBAI, Dec. 16, 2021 – LBank Exchange, a global digital asset trading platform, will list Baby Lovely Inu (BLOVELY) token on December 20, 2021. For all users of LBank Exchange, the BLOVELY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on December 20, 2021.
Earning passive income by just holding tokens has become one of the most popular features in crypto community around the globe. As a hyper deflationary token created and thought by holders, Baby Lovely Inu (BLOVELY) benefits its holders through static rewards and buyback/burn strategy built into the contract. The BLOVELY token will be listed on LBank Exchange at 21:00 (UTC+8) on December 20, 2021, to further expand its global reach and help it achieve its vision.
Introducing Baby Lovely Inu
Baby Lovely Inu is a hyper deflationary token created and thought by holders, it works as an independent liquidity generation protocol and frictionless autonomous yield farming together with manual burn and buyback features. The holders of Baby Lovely Inu benefit through static rewards and also through the buyback/burn strategy built into the contract. Investors can earn passive income by just simply holding Baby Lovely Inu.
The buyback/burn function of Baby Lovely Inu is known as “The Plutus”, which is inspired by the name of Greek god of wealth. It’s funded by a 2% strategic buyback fee, and acts as a safety net for all Baby Lovely Inu holders. When the buyback function is turned on, the contract automatically buys back and burns tokens after every sell transaction, this creates a true burn and guarantees the price per token will increase every time the buyback is activated.
Unlike yield farming and liquidity providing, staking in Baby Lovely Inu is the easiest way to earn free BLOVELY tokens. It’s important to stabilize the value of the token. By staking, investors are also placing their BLOVELY tokens to secure the network through the proof-of-stake algorithm.
Baby Lovely Inu is currently developing a decentralized exchange called Baby Lovely Swap which allows traders to swap their BEP-20 tokens for another while maintaining full custody of their BEP-20 tokens. In addition, it also has an ICO Launchpad, a platform for fundraisers looking to develop their tokens to raise funds for promising projects.
About BLOVELY Token
The total supply of BLOVELY token is 100 trillion (i.e. 100,000,000,000,000). 40% of the BLOVELY supply is provided for product development, 20% goes to marketing funds, 12% is provided for business development, 6% is for partner and investor, 10% is for legal and regulation, 4% is provided for contingency, and the rest 8% is for operational usage.
BLOVELY collects a total of 10% fee on each transaction. 4% of it goes to LP, 2% is redistributed to holders, another 2% is for buyback burn, and the rest 2% goes to charity wallet.
The BLOVELY token will be listed on LBank …….