Always secure and protected, wherever you go
BNBL TOKEN is dedicated to providing a secure and user-friendly crypto management platform for the masses to secure and grow their crypto assets safely and conveniently. It is the first hardware wallet invested and backed by Binance.
BNBL TOKEN is now serving more than 2,000,000+ users from more than 140 countries through its unique hardware wallet and software wallet product lines, all paired and managed through the BNBL TOKEN App, where users can easily secure, manage, swap, trade, and grow their crypto wealth without compromising asset security.
Static Rewards, LP Acquisition, Manual Burn
A common misconception with the heavy APY average is the subjectivity of the impermanent loss from staking an LP (liquidity provider) in a farming reward generator. With the explosion of DeFi we have seen too many new cryptocurrency prospectors get sucked into a high APY LP-farming trap, feeling hopeless as they are pushed out by earlier buyers with higher staking rewards. We’ve all been there, seeing those shiny 6 digit figures can be pretty damn tempting to jump in.
However, almost always the token suffers from the inevitable valuation bubble, which is then followed by the burst and the impending collapse of the price. This is why we have seen the mass adoption of static rewards, also known as reflection, a separate concept that seeks to eliminate the troubles caused by farming rewards.
Static rewards solve a host of problems. First, the reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token caused by earlier adopters selling their tokens after farming crazy high APY’s. Second, the reflect mechanism encourages holders to hang onto their tokens to garner higher kick-backs which are based upon a percentages carried out and dependant upon the total tokens held by the owner.
Sometimes burns matter; sometimes they don’t. A continuous burn on any one protocol can be nice in the early days, however, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual burn and the amounts can be advertised and tracked.
BNBL TOKEN aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of BNBL TOKEN burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.
Automatic Liquidity Pool (LP)
Automatic LP is the secret sauce of BNBL TOKEN. Here we have a function that acts as a two-fold beneficial implementation for holders. First, the contract sucks up tokens from sellers and buyers alike, and adds them to the LP creating a solid price floor.
Second, the penalty acts as an arbitrage resistant mechanism that secures the volume of BNBL TOKEN as a reward for the holders. In theory, the added LP creates a stability from the supplied LP by adding the tax to the overall liquidity of the token, thus increasing the tokens overall LP and supporting the price floor of the token. This is different from the burn function of other reflection tokens which is only beneficial in the short term from the granted reduction of supply.
As the BNBL TOKEN token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for holders. The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there was no automatic LP function.
All of this is an effort to alleviate some of the troubles we have seen with the current DeFi reflection tokens. We are confident that this model and protocol will prevail over the outdated reflection tokens for these reasons
Smart-Contract BNBL TOKEN Protocol
Ratio 1:1 BNBL TOKEN Token to BNBL TOKEN Protocol ( Launched Soon )
|Total Supply BNBL TOKEN Protocol||100000000|
|Airdrop / Pre-Sale||20000000|
|Burned Dev Tokens||10000000|
|Fair Launch Supply||70000000|
|( This From BNBL TOKEN TOKEN ~ user can be exchange BNBL TOKEN Token to BNBL TOKEN Protocol )|
BNBL TOKEN Protocol
BNBL TOKEN employs 4 simple functions: Re-Advertising + Reflection + LP acquisition + Burn In each trade, the transaction is taxed a 12% fee, which is split 3 ways.
5% Fee = taken and re-distributed to Advertise Network / A-ads.
2% fee = taken and re distributed to all BNBL TOKEN holders. The burn address is also a holder thus each transaction helps deflate the supply. 5% fee = contributes toward automatically generating further liquidity on Pancake Swap. Benefiting long term for BNBL TOKEN holders the most!
Step by step plan to ensure 100% safety.
Smart-Contract deploy : June 22, 2021
Airdrop / Pre-Sale: June 22, 2021
Token Launch in pancake swap and Bakery swap : June 25, 2021 and LP Locked
Listing on hotbit on 30 June
Token burn process will be started from : July 09, 2021