🪙Tokenomics
Last updated
Last updated
BaoBao introduces the BaoBao Token ($BBT) as its governance token, allowing token holders to actively participate in the platform's ecosystem and shared growth. Operating on multiple blockchain networks, the $BaoBao has a fixed total supply of 1 million tokens, with no planned changes to this amount. Token holders can enjoy advanced privileges in red packets distribution and collection, expanding the influence and reach of their tokens. $BaoBao is the first BEP-404 token and is dedicated to driving the development of BEP-404, creating a brand new BEP NFT ecosystem, and bringing fresh narratives and vitality to the BEP NFT ecosystem.
BBT contract address: 0x734b46e6d1d8ce9094f825420d55453d23c2e1ea
The total supply of $BBT is 1,000,000, and the total supply of BaoBao Replicants is 100,000. For every 100 $BBT held, you can own 1 BaoBao Replicant. The value of BaoBao Replicants will increase with the appreciation of $BBT. The $BBT NFT has been upgraded from the original four types to six, with rarities ranging from low to high as follows: Magical, Legendary, Immortal, Mythical, Divine, and Worldly. Holders of $BBT NFTs will enjoy a series of rights and interests in the $BBT ecosystem and share the fruits of the development of the BaoBao protocol ecosystem.
90% of $BBT will be directly added to the Uniswap liquidity pool.
5% will be allocated to the team for project development and market expansion, with a four-year unlocking schedule.
5% of the tokens will be distributed to loyal users supporting the BaoBao Protocol based on their loyalty points (XPs).