BabyDogeCoin (BABYDOGE) tokenomics

Baby Doge Coin (BABYDOGE) is a BEP-20 meme coin launched on the BNB Smart Chain (and also available on Ethereum) that incorporates a unique deflationary model designed to reward holders and reduce the overall supply over time.

Issuance Mechanism

The total supply of Baby Doge Coin is 420,000,000,000,000,000 (420 quadrillion) tokens.

The issuance mechanism is characterized by a deflationary model driven by a burning mechanism tied to transaction fees. As of the available data, 51% of the total supply has already been burned.

Allocation Mechanism

Specific details regarding the initial allocation breakdown (e.g., percentage allocated to the team, marketing, or public sale) were not explicitly provided. However, the tokenomics are structured around rewarding the community through transaction fees.

Usage and Incentive Mechanism

Baby Doge Coin's tokenomics are centered on incentivizing holding and contributing to the project's liquidity and deflation.

Transaction Fees and Redistribution

A 10% fee is applied to every on-chain transaction (buy or sell) involving Baby Doge Coin on the BNB Chain, which is then split into two equal parts:

1. Redistribution to Holders (5%): Half of the transaction fee (5%) is automatically distributed to all existing Baby Doge Coin holders. This mechanism means holders receive more tokens simply by keeping Baby Doge in their wallets, encouraging long-term holding.
2. Liquidity Pool and Burn (5%): The remaining half of the transaction fee (5%) is used to power the project and contribute to the deflationary mechanism. This portion is split further:
   • A portion is added to the liquidity pool (LP).
   • A portion is sent to a dead wallet, effectively burning the tokens and permanently reducing the circulating supply.

Utility and Ecosystem

Beyond the core tokenomics, Baby Doge Coin has developed several utilities to drive adoption and usage, including:

• Baby Doge Swap: A decentralized exchange (DEX) and aggregator for swapping tokens on the BNB Chain.
• NFT Ecosystem: The project features NFT collections, such as the Baby Doge Army NFT.
• Charity: A core mission of the project is animal welfare, with over $1 million USD donated to charity partners.
• Payment Solutions: The project offers a virtual prepaid crypto debit card (Baby Doge Card) that allows users to swap cryptocurrencies for fiat spending.
• Community Tools: Utilities include an AI image and meme generator, a chess game, and a free token locker.

Locking Mechanism and Unlocking Time

While the project offers a Free Token Locker utility on its platform for users to lock tokens and LP tokens, specific details regarding any mandatory vesting or locking schedules for the core team, investors, or initial token distribution were not available.

Information regarding a formal, scheduled token unlocking time for Baby Doge Coin was not found. The primary mechanism affecting the circulating supply is the continuous burning of tokens via the transaction fee structure.