What is BabySwap (BABY) | What is BabySwap token | What is BABY token
In this article, we’ll discuss information about the BabySwap project and BABY token
What is BabySwap?
BabySwap is the best AMM+NFT decentralized exchange for newborn projects on Binance Smart Chain, providing a more friendly trading experience and better project support.
This is absolutely the best place for your babies to grow!
Who are the babies?
FYI,
- All tokens that are new to the market that need any help with becoming a rock star (but maybe were likely neglected by others) are our babies! Your baby might be friendly (driven by communities), active (driven by liquidity), outgoing (driven by market publicity), wealthy (driven by fund…),** hard-working** (driven by transaction volume), etc. We welcome all babies!
- Besides, we’d also like to introduce the BABY token — the class president — who is willing to help all other babies grow. BABY is a leader of the class, so interacting with the class president will give baby projects so many improvements (Price, fame, and so on). Scroll down to the syllabus and check it out.
We want all babies to be fed with our love & patience. ❤️
Aunties and Uncles are always here for you! 🎉
Who wouldn’t want a full-service kindergarten?
Don’t be late for your babies’ first day at school.
BabySwap Syllabus (Tokenomics)
Your babies need feeding bottles and… education, patience, and love❤️
As the principal here, I would like to see your babies have successful graduation and be admitted to outstanding schools (To the moon🌕).
We have set up many interesting courses to help BABY and babies grow. The first phase includes Trade Mining, Yield farms, Snack Pools, and Milk Bottles.
Here is the syllabus of our kindergarten!
Trade Mining: Swap any tokens on BabySwap, and you will get BABY as rewards for every trade.
Yield Farms: Stake LP tokens to earn BABY. You get LP tokens through staking tokens in Liquidity Pools (LPs).
Snack Pools: Stake BABY to earn free tokens.
Milk Bottles: 0.05% trading fee will be used to buy back BABY as a weekly growth fund, rewarded to winning projects in Bottle. Use BABY to vote for your ideal projects, help them grow.
BABY token
Total Supply: 1,000,000,000 BABY
Initial Allocation
1% (10,000,000 BABY) for ILO (Initial Liquidity Offering)
9% (90,000,000 BABY) will be used for partnership with ecological construction, including marketing, promotional activities, liquidity management — unlocked linearly in 9 months
10% (100,000,000 BABY) will be used for development — unlocked linearly in 20 months
80% (800,000,000 BABY) will be allocated to BABY community members
Daycare!!
What is daycare?
Guess you already had some babies in your arms. Why don’t you take good care of them while earning some other awards?
Foster your babies in BabySwap, we will take care of them and give away a certain amount of BABY tokens to you!
Be the first group of BABY holders!
Not sure if you understand, so let’s have a technically speaking:
Daycare is also called ILO — Initial Liquidity Offering, where you add your altcoin’s liquidity to BabySwap for 24 hours to become a liquidity provider. You will get BABY in return after ILO.
E.g., There is a token named ALT, and it’s in BabySwap’s ILO list. The price on the market is 1 ALT = 2 USDT. Therefore, users need to stake 1 ALT and 2 USDT in the liquidity pool to get their LP tokens, and the LP tokens can be staked in the ILO page which will be locked for 24 hours. After 24 hours, users can unstake the LP tokens and claim the BABY token rewards as well. If the ILO pool you participate in has in total 50,000 BABY rewards and your share of pool is 25%, then you can get 12,500 BABY in return!
The initial offering of ILO is 10,000,000 BABY, and the initial price of BABY is 0.1 USD.
ILO will be started in late May or early June. ILO list and reward distribution will be disclosed later, follow our Medium and Twitter and keep updated.
BABY ILO Distribution
We will add some projects to the ILO pool list, and distribute the 10,000,000 BABY as their initial liquidity offerings with a certain ratio, according to our communities’ vote and the project’s on-chain data. Thus, there will be many ILO pools with different rewards distribution.
E.g., There is a token named ALT, and it’s in BabySwap’s ILO list. The price on the market is 1 ALT = 2 USDT. Therefore, users need to stake 1 ALT and 2 USDT in the liquidity pool to get their LP tokens, and the LP tokens can be staked on the ILO page, which will be locked for 24 hours. After 24 hours, users can unstake the LP tokens and claim the BABY token rewards as well. If the ILO pool you participate in has a 10x multiplier which is in total 100,000 BABY rewards and your Share of Pool is 25%, then you can get 25,000 BABY in return!
Check their guide to see further details of participating in ILO.
ILO will be started in late May or early June. ILO list and reward distribution will be disclosed later. Follow our Medium and Twitter and keep updated.
We have already received hundreds of project ILO applications, and we are carefully choosing among them, so we haven’t gotten a list yet. We need your help to vote for your favorite BSC projects that you want to be on the ILO list. Carefully vote for projects that:
- You have a deep faith in it;
- You have invested in it since it would be easy for you to participate in ILO;
- You are going to buy it since it would be easy for you to participate in ILO;
- Or probably you are the team member of a project, and simply want to be a BABY holder.
How can ILO benefit?
If you are a DeFi player, you can stake your altcoins in BabySwap for a higher return — way higher than other yield farming. We are expecting a 100%-1,000% APY. So if you happen to have many altcoins and they are on our ILO list, congratulations, there will be a huge return if you participate. Afterward, the BABY you claimed can be then staked in pools for more rewards.
If you are a project team member, you can also stake tons of your altcoins to the liquidity pool to earn the reward as your growth funds, and looking for further cooperation with BabySwap — we have amazing supports for you. We also encourage more projects to join us, so if you are interested in ILO listing and more co-marketing events, please email** regoffice@babyswap.finance**
If you are a believer, you must hold BABY first. Baby is the future.
If you are not sure whether BABY can have an outstanding return…well, since ILO doesn’t cost you that much, why don’t you give it a try?
After a successful ILO with extremely high APRs between 200% to 2000%, we are now introducing our high APR farms and pools for you!
Check out our Farms:
Here is our pool:
BabySwap only has 28 farms and 1 pool at present, and we encourage more babies to join us! These few weeks, we’d like to first have the Bubbly Baby in town!
Who is the Bubbly Baby?
Different babies have different personalities and we care about all of them!
Your baby might be** Bubbly (driven by communities), Active (driven by liquidity), Outgoing (driven by market publicity), Wealthy (driven by fund…), Hard-working (driven by transaction volume)**, etc. We welcome all babies!
Now, we are holding a special event for Bubbly Baby (community-driven) projects! Bubbly Baby can earn a bucket of rewards, and also has a chance to grow into rock stars. 🎤
What can Bubbly Baby Get?
By entering to BabySwap, our bubbly babies will get:
- Farm: BabySwap will open a farm special for you! 👨🌾 The farm will last for 14 days with a 4x multiplier of BABY yield farming rewards. (Approximately 9,216 BABY per day, first in first serve with high return)
Users who provide ALTCOIN-USDT LP tokens to the farm will share approximately 9,216 BABY a day overall.
- Trade mining: BabySwap would also be happy to add you to our trade mining list for 14 days with a 4x multiplier of BABY Trade mining rewards. (Approximately 9,216 BABY per day, first in first serve with high return).
Users who trade ALTCOIN-USDT pairs in BabySwap will share approximately 9,216 BABY a day overall.
- Buyback and LP burned: In this 14-day period, 50% trading fee of your ALTCOIN-USDT will be exchanged to BABY, and the other 50% will be exchanged to USDT to provide LP for BABY-USDT. Meanwhile, these LPs used for BABY-USDT will be burned, which means this part of liquidity is locked. It ensures the liquidity self-growth of BABY-USDT as well!
- Be listed on our Bottle campaign: Only the projects with top trading volume can be listed in our bottle campaign. Users can stake their BABY to vote for their favorite, and the winner will share a part of BabySwap’s weekly trading fee. Isn’t that juicy?
- Plenty of events with BabySwap… On your call!
How and Where to Buy BABY token?
BABY token is now live on the Binance mainnet. The token address for BABY is 0x53E562b9B7E5E94b81f10e96Ee70Ad06df3D2657. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $BNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap BABY token
Contract: 0x53E562b9B7E5E94b81f10e96Ee70Ad06df3D2657
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in BABY token is currently Pancakeswap v2
Find more information BABY
☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Documentation ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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#blockchain #bitcoin #baby #babyswap
