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  • DEEZ NUTS ($DEEZ)
  • Technical Details
  1. BASED NUT
  2. Nested NUT Tokens

DEEZ

DEEZ NUTS ($DEEZ)

DEEZ NUTS ($DEEZ) is the first experimental nested token in the BASED NUT ecosystem, showcasing the potential of nested tokens while embracing humor and creativity within the DeFi space. By utilizing a flat price bonding curve and a simple 1% buy/sell tax mechanism, $DEEZ offers a fun and engaging entry point into the ecosystem without the complexity of fluctuating mint prices.

Key Features

  • 1% Buy/Sell Tax: Every transaction involving $DEEZ incurs a 1% tax, which is paid to the developer in $NUT. This creates a sustainable funding model within the ecosystem while giving the option to integrating back into the $NUT tokenomics.

  • Flat Price Bonding Curve: Unlike typical bonding curves, which increase in price as more tokens are minted, $DEEZ uses a flat price bonding curve. This ensures the mint price remains constant, providing predictability for users, regardless of token supply.

  • Memeception: $DEEZ amplifies the playful nature of the BASED NUT ecosystem by being a meme token nested within another meme token ($NUT).

Purpose and Utility

DEEZ NUTS ($DEEZ) is designed to experiment with the concept of nested tokens while also introducing humor and simplicity into the BASED NUT ecosystem. It serves as an example of how nested tokens can combine functionality with fun, enhancing both liquidity and engagement in DeFi.

Technical Details

  • Token Address: 0x477B096A5f3321B3a1a300a025104be5f82f0092

  • Transaction Tax: 1% on buys and sells, paid in $NUT to developers.

  • Bonding Curve: Flat price model, ensuring stable mint prices regardless of supply.

  • Total Supply: 10,000 $DEEZ

By integrating a simple and predictable bonding curve along with a lighthearted theme, $DEEZ demonstrates how experimental nested tokens can function within the BASED NUT ecosystem.

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Last updated 6 months ago

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