Earn a passive income with Bubba Token!


Posted July 21, 2021 by BubbaFinance

Bubba Is A High-yield, Community Driven, Hyper-deflationary Defi Protocol Launching On The Binance Smart Chain!

 
Passive Income & Wealth.
Experience the next generation of cryptocurrency token that automatically rewards you for holding.
Every trade contributes a reflection fee, which is automatically redistributed to holders of $BUBBA as a form of passive income.
- Holders benefit from passive rewards through static reflection, auto liquidity, and auto burn.

Every $BUBBA transaction, purchase or sale, has a 9% transaction tax, split into four simple functions:
Automatic Liquidity
3% goes into a liquidity pool to maintain a steady supply and a fair trading floor.
Rewards
3% of every transaction is automatically re-distributed to existing wallets holding $BUBBA.
Marketing Wallet
2% Is sent to the maintenance wallet (used for marketing, exchange listings, etc)
Burn
1% Burned forever (each Bubba gains in value the less there is in circulation!)

Projects in development:
• Bubba Swap (DEX)
• Bubba App Beta Version
• Bubba Merchandise
• Bubba Wallet Beta Version
• Bubba Payment Card Integration
• Cross Chain Development

Phase 4 plan:
• Bubba Credit Card
• NFT Exchange

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.

Why Static?

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 percentage carried out and dependant upon the total tokens held by the owner.
Auto Burns
Burned forever (each Bubba gains in value the less there is in circulation!)
Automatic Liquidity Pool (LP)
Automatic LP is the secret sauce of Bubba. 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 BUBBA as a reward for the holders. In theory, the added LP creates stability from the supplied LP by adding the tax to the overall liquidity of the token, thus increasing the token's overall LP and supporting the price floor of the token.
As the BUBBA 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

It's a fair launch project! meaning there has been no pre-sale, no private sale, which can cause large price movements in the early stages of a launch as investors take profits.

Bubba token is built to deliver maximum returns for investors on the Binance Smart Chain.
To learn more about Bubba, Visit: https://Bubba.Finance

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Contact Email [email protected]
Issued By Bubba
Country United States
Categories Banking , Business , Blockchain
Tags binance , binance smart chain , bubba , bubba token , defi
Last Updated July 21, 2021