What is Shibaken Finance (SHIBAKEN) | What is Shibaken Finance token | What is SHIBAKEN token

What is Shibaken Finance (SHIBAKEN) | What is Shibaken Finance token | What is SHIBAKEN token

Shibaken Finance (SHIBAKEN) is a community, first. Entirely self-generated, we are individuals who have come together - for a purpose - and to realize an impact for society. The Shibaken token is built upon the Ethereum blockchain. As a community-driven, decentralized financial (de-fi) organization, our core mandate includes the imperative to support communities in need. Our ESG strategy is wholistic; and an integral part of the organization's identity. Our first financial product - SHIBAKEN - is the first of many tokens we plan to offer. A significant portion of the profit from our yield farming protocol will go to support charitable partnerships in various sectors. In this article, we'll discuss What is Shibaken Finance (SHIBAKEN) | What is Shibaken Finance token | What is SHIBAKEN token?

In this article, we'll discuss information about the Shibaken Finance project and SHIBAKEN token

Shibaken Finance derives it’s name from the Kai Ken breed of hunting dogs, hailing from Japan. A cousin to the Shiba Inu, Kai Ken are highly revered all over the world. The Kai Ken breed is rare, ancient and incredibly capable. While traditionally employed extensively in big game hunting, this intelligent animal is also a great protector of children and makes an excellent companion at home. These are the qualities that Shibaken Finance wishes to emulate through our philosophy of preparedness and in our effort to serve communities everywhere.

Function

The SHIBAKEN token, launched less than 48 hours ago on Uniswap, offers meme enthusiasts a chance to participate in a forward looking opportunity to realize incredible gains, while keeping an eye on the future of finance.

The token launch — traded on Uniswap, is the first step on our way to bringing more flexibility and greater financial freedom to individuals and communities everywhere.

Foundation

As a TRUE deflationary token, verifiable on etherscan, we burn tokens with every transaction, give tokens back to hodlers with every transaction, and are committed to complete transparency through the blockchain. Without these features we may be indistinguishable from the rest of the pack of memes out there. And yet, we insist on going further.

Belief in Community

At Shibaken Finance, it is our belief that long-lasting meaning is derived in community. And every community that survives and thrives, places emphasis on preparedness. In order to help all the unique communities we intend to serve, we are choosing to build an ecosystem of token-based economics, or “tokenomics”. A system that can scale across time, our tokenomics approach to community finance will be among the first for meme tokens and bring credibility to this often ridiculed sector of cryptocurrency.

Virtually every type of market economy we know of can derive benefit from a tokenized economy.

With the establishment of SHIBAKEN token, we are opening the gateway for communities everywhere to participate for the first time in history in a completely decentralized and deflationary ecosystem of tokenized economies. In part, due to it’s simplicity and fundamental resilience, our tokenized systems of value exchange ensure adaptability over time. Whatever type of market economy exists, sustainable economies require easy access to liquidity to sustain their trade networks. In an increasingly inflationary conventional economy, we recognize the kinds of economies that _real _communities will need, moving forward.

How it Works

Our liquidity model is based on the initial establishment of a Treasury token. Once established, the realization of a vision will be complete, and the real work can begin — namely, to provide economic freedom and opportunity for individuals and communities everywhere. And to assist and enable the establishment of sustainable communities — especially those seeking to bring energy, food, water, and housing security to underserved regions, everywhere. These aims are all part of a broader narrative and greater imperative to find acceptable solutions to the economic, social, and governance (ESG) challenges all societies are increasingly facing; in a fashion that preserves human dignity and individual sovereignty — as we understand them.

This is just the beginning. Shibaken is redefining what it means to be ‘Meme’. Shibaken is different. Shibaken matters. Shibaken cares. Shibaken is community. And Shibaken — is You!

Outlined below are the planned “next steps” for the remainder of Q2 and part of Q3.

  • Create a low emission DAO token
  • This is our governance token; known as the “Shibaken DAO Token”
  • The distribution of the DAO Token will be determined through our two-tiered Telegram groups: Sharks and Whales
  • Max Investment in DAO token:
  • Shibaken Holders: 0.1 ETH
  • Shibaken Sharks: 0.2 ETH
  • Shibaken Whales: 0.5 ETH
  • To meet the liquidity requirement on Uniswap, 20% of the DAO token will be sold to community members (max. 0.5 ETH per person)
  • From the total 20 ETH required for liquidity, 10 will be paired 1000 DAO tokens in Uniswap
  • The remaining 10 ETH will be held in a multi-sig account; establishing the foundation for a Shibaken Launchpad Ecosystem and subsequent IDO
  • Soft cap is 10 ETH
  • Hard cap is 20 ETH
  • As one of the first meme projects to establish a launchpad ecosystem, holding DAO tokens will give specific access to the IDO conducted in the launchpad
  • The establishment of our ecosystem will enable us to create greater value, through other project types; including sidechains, niche swaps, and so on.

As part of our roadmap, these technical achievements will be supplemented by ongoing development and expansion of our overall business strategy — including partnerships, social media and web; Telegram — and the all important exchange listings…it’s all part of our ambitious project development efforts.

Vision + Culture

Community

Shibaken is a community, first. Entirely self-generated, we are individuals who have come together - for a purpose - and to realize an impact for society.

Giving Back

As a community-driven, decentralized financial (de-fi) organization, our core mandate includes the imperative to support communities in need. Our ESG strategy is wholistic; and an integral part of the organization's identity.

Building Partnerships

Our first financial product - SHIBAKEN - is the first of many tokens we plan to offer. A significant portion of the profit from our yield farming protocol (coming soon) will go to support charitable partnerships in various sectors.

Our focus is on building resilient communities and fostering 'energy', 'food', and 'water' security. We accomplish our goals by carefully considering the requirements of responsible human settlement - and doing our part to provide an economic foundation for it all.

Sprint Roadmap

Roadmap.png

Shibaken-Moonsheet-May16.jpg

How and Where to Buy SHIBAKEN token ?

SHIBAKEN token is now live on the Ethereum mainnet. The token address for SHIBAKEN is 0xa4cf2afd3b165975afffbf7e487cdd40c894ab6b. 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 ETH in your wallet to cover the transaction fees.

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)...

SIGN UP ON BINANCE

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 Uniswap 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 $ETH to your new Metamask wallet from your existing wallet

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap SHIBAKEN token

Contract: 0xa4cf2afd3b165975afffbf7e487cdd40c894ab6b

Read more: What is Uniswap | Beginner's Guide on How to Use Uniswap

The top exchange for trading in SHIBAKEN token is currently Uniswap v2

Find more information SHIBAKEN

WebsiteExplorerSocial ChannelSocial Channel 2Social Channel 3Message BoardMessage Board 2Coinmarketcap

🔺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.

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