SNUT
SNUT the Non-Escrow Staking Rewards
Last updated
SNUT the Non-Escrow Staking Rewards
Last updated
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.
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.
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.
