BASED NUT
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  • BASED SUPERNUTS ($SNUT)
  • Overview
  • Key Features
  • Technical Details
  1. BASED NUT

SNUT

SNUT the Non-Escrow Staking Rewards

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Last updated 6 months ago

BASED SUPERNUTS ($SNUT)

Overview

The BASED SUPERNUTS ($SNUT) token introduces advanced staking, liquidity, and burn mechanics, creating a dynamic deflationary model within the BASED NUT ecosystem. $SNUT transactions are designed to trigger cascading effects that auto-generate liquidity, reward holders, and burn tokens, thereby increasing scarcity over time. Holding $SNUT rewards users with $NUT through a non-escrow staking mechanism, making it a powerful asset in the ecosystem.

Key Features

  • 6% Total Transaction Fee: Every $SNUT transaction and trade incurs a 6% fee, distributed as follows:

    • 1.5% to Liquidity: Auto-adds liquidity to ensure market stability.

    • 1.5% to Manager: Funds managing the system and fosters ecosystem growth.

    • 1.5% to Buyback Burn: Tokens are repurchased and burned to enhance scarcity.

    • 1.5% to Non-Escrow Staking Rewards: Distributed as $NUT rewards to $SNUT holders without locking tokens.

  • Buyback Burns: This mechanism buys back and burns both $NUT and $SNUT, reducing the circulating supply and driving value through deflation.

  • Non-Escrow Staking: By holding $SNUT, users automatically receive $NUT as staking rewards without needing to lock up tokens.

This balance between scarcity and reward makes $SNUT an essential component of the BASED NUT ecosystem, offering users dynamic participation and incentivizing both liquidity and staking activities. For a deeper technical understanding of how $SNUT integrates with $NUT and the broader ecosystem, please refer to the full technical paper.

Technical Details

  • Token Address: 0xAC130701aa31c284c36609E2489f150F419AD7AD

  • Total Supply: 100,000 $SNUT

  • Symbol: 🦸, 🌰


Choose Your Side

  • SuperNUTS (🦸, 🌰): Committed to protecting and saving the nuts.

  • NUTlaws (🦹, 🌰): Focused on burning the nuts and driving deflation.

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