Abstract
The deflationary token is a cryptocurrency whose supply decreases constantly according to the mechanism. The process of removing tokens from the market is called token burning, which will place the tokens in a special wallet that will accommodate the burned tokens. A token deflationary system like this has several benefits, one of which is increasing the valuation of tokens by reducing the supply of tokens in the market. With this, we can maintain the sustainability of the token.
Deflationary tokens are considered more energy efficient than mining tokens, with much less energy we can validate transactions. Seeing this, Bamboo intends to become a deflationary token with substance, which focuses on cryptocurrency that is carbon neutral and keeps the world green through the OneTreePlanted foundation supported by Bamboo token.
Sustainable Future Currency
The amount of energy used by miners to mine cryptocurrencies such as bitcoin, ethereum, or other types of crypto-currency. This has led to several countries in the world recently banning cryptocurrency mining in their country because it uses a lot of power. For now, we are familiar with the proof-of-stake protocol, which allows a person can mine or validate block transactions according to how many coins they hold. With this, we can save energy in validating cryptocurrency transactions. Seeing this, the Bamboo token is present as a deflationary token with a substance that pays more attention to the earth and is really carbon neutral. Bamboo tokens do not use a mining mechanism that uses a lot of energy, but bamboo tokens use a small amount of energy required for validating transactions.
The bamboo token is a sustainable future currency that has a dynamic construction that focuses on consistent growth, where each transaction has a 10% fee which is evenly distributed and each BNB collected from each transaction will be collected and used for planting trees through the OneTreePlanted foundation.
Bamboo Features
The bamboo token is a deflationary token that focuses on cryptocurrency that is carbon neutral and supports the greening of the world by planting trees through the foundation. With Bamboo tokens, users can make transactions without carbon, because Bamboo tokens do not use a mining mechanism, which uses a lot of energy. For every transaction made by users, the 10% fee will be distributed evenly. But that's not all, there are still a few other features of the Bamboo token:
LP Acquisition: Bamboo token has a mechanism that will collect a portion of the transaction and sell it to BNB, and then the BNB collected will be married up with the remaining Bamboo and deposited back to the PancakeSwap liquidity pool.
Hyper Burn: Bamboo token has a mechanism that will burn a portion of the transaction.
Donation Pool: Bamboo token has a mechanism that will collect a portion of the transaction and sell it to BNB and then transferred it to Charity Wallet.
Expenses Fee: Bamboo token will collect a portion of the transaction and reserved it in the contract which will be collected by the expenses wallet which will be used for marketing, promotions, etc.
Bamboo Token
Bamboo token or abbreviated as BMBO is a utility token that will become a sustainable future currency. BMBO token based on Binance BEP-20 with a supply of Total Supply 1,000,000,000,000,000 BMBO. By owning an BMBO token, users will get several benefits such as being able to participate in the staking program, increasing the price of the token, etc. Users can get BMBO tokens via PancakeSwap.
Bamboo Token Roadmap
Bamboo Token started this project with a contract deployment, building the website, setting up social media profiles, and selling tokens through PancakeSwap. After Bamboo Token is successful in token sales at PancakeSwap, Bamboo Token will carry out promotions, marketing, etc. through an expense wallet.
All of this can happen if Bamboo Token gets support from the team and investors, who have a big role in the sustainability of the platform.
To conclude
Currently, many tokens circulating in the crypto market use a token deflationary mechanism which reduces the supply of tokens constantly to increase the token value. Deflationary tokens are considered more energy efficient because they do not use mining mechanisms. And Bamboo token is present as a deflationary token that will focus on cryptocurrency with substance and carbon neutral. The bamboo token has a dynamic construction with consistent growth in the future - it has various features which can bring investors and holders to the moon and green the earth by planting trees through the OneTreePlanted foundation supported by the Bamboo token.
Connect with Bamboo Token
WEB: https://www.bamboo.anji.eco/
TWITTER: https://twitter.com/safepandatoken
