Kiba Inu tokenomics and the way forward
Kiba Inu is a meme and utility token that launched in October 2021 on the Ethereum (ETH) and Binance Smart Chain (BSC) networks. The token has gained significant attention and popularity thanks to its unique tokenomics, strong community, and potential for growth. Here’s what makes Kiba Inu’s tokenomics a recipe for success:
0% Buy Tax
Kiba Inu has no additional fees when purchasing tokens, making it easy and affordable to invest in.
Sell tax: 1% Treasury Tax and 5% liquidity tax (with 0.25% burn)
When selling Kiba Inu, a 1% treasury tax is collected to support the project’s development and growth. This tax is added to the 500k stabled funds treasury, which can be used for buybacks and marketing efforts.
Also, there’s a 5% liquidity taxcollected to provide liquidity to the project, with 0.25% of that tax being burned to reduce the total supply of Kiba Inu tokens over time. On both chains, over 17% of the total supply has already been burned, helping to increase the value of each token.
Strong Community
Kiba Inu has a passionate and active community that is highly engaged on social media platforms like Twitter, Reddit, and Telegram. This community is dedicated to promoting the success of Kiba Inu, and has helped to create a strong demand for the token, driving up its price and making it a promising investment opportunity.
Revenue from Kibaswap
Kiba Inu benefits from an additional revenue stream through Kibaswap, where fees are collected and can be used to support the project’s development and promote its success. This creates another potential avenue for driving up the token’s value. More about Kibaswap in a future Medium post.
In summary, Kiba Inu’s tokenomics provide a unique and promising investment opportunity. With no buy tax, low sell tax (treasury tax and liquidity tax with a deflationary burn feature), a strong and dedicated community, and additional revenue streams from Kibaswap, Kiba Inu has significant growth potential. As always, it’s important to do your own research and evaluate the risks and benefits of any investment opportunity before making a decision. But for those looking for a high-potential investment in the crypto world, Kiba Inu is certainly a project to watch.