Signed in as:
filler@godaddy.com
Signed in as:
filler@godaddy.com
XShrimp Validator Node: Empowering the Shido Network
Join Us:
CONTRACT FOR $SHRIMP ON SHI20
0x29a9733cEbeF2219f48763B40859a0eec8B5C77F
BUY TAX - ZERO - SELL TAX - ZERO
BUY SHIDO WITH USDC
SWAP WSHIDO FOR SHRIMP TOKENS
ADD SHRIMP TOKEN CONTRACT ADDRESS TO YOUR DEFI WALLET
0x29a9733cEbeF2219f48763B40859a0eec8B5C77F
0x000000000000000000000000000000000000dEaD
Deflationary Mechanism of XSHRIMP Token:
The XSHRIMP project employs a deflationary model to enhance token value by diminishing its supply via:
- RWA Buybacks xshrimp will do regular buybacks and burns from the open market
- Play-to-Burn Games:
- XSHRIMP has partnered with Advergame Tech Private Limited to introduce an engaging utility. The project features games on their website that generate revenue through advertising.
50% of this ad revenue is allocated to directly buy back and burn XSHRIMP tokens, creating a direct link between community interaction and the deflationary effect. The more you play, the more you contribute to the token burn, thus aiding the project's deflationary goals.
Impacts of the Deflationary Mechanism:*
- Token Scarcity:
By burning tokens, the supply decreases, which, when coupled with demand, could lead to an increase in value due to scarcity.
- Community Engagement:
The buyback and burn events, especially linked to game play, incentivize holding and active participation, directly impacting the token's value in a positive way for the holders.
- Sustainability:
The combination of revenue from real-world assets and ad revenue from games ensures a continuous deflationary pressure, making the ecosystem resilient against market fluctuations.
- Transparency:
Openly conducted token buybacks and burns build trust and demonstrate a commitment to the token's long-term value growth. This approach is designed to create an ecosystem where holding XSHRIMP not only becomes more valuable over time but also actively involves the community in the token's economic dynamics, bridging real-world value to digital assets.
XSHRIMP Token Distribution Strategy
Total Supply: 100,000,000 XSHRIMP on SHI20
- Presale:
- Percentage: 40%
- Purpose: Designed to attract early investors and backers, providing initial funding and support to kickstart the project.
- Liquidity Pool:
- Percentage: 20%
- Purpose: Tokens are injected into the Shido DEX liquidity pool post-launch to ensure robust trading liquidity, thereby stabilizing the token's market and facilitating trading ease.
- Community Rewards:
- Percentage: 10%
- Purpose: Encourages active community participation and loyalty through token distribution from a dedicated wallet, fostering a vibrant ecosystem.
- Treasury:
- Percentage: 5%
- Purpose: Funds operational and developmental costs to secure the project's ongoing financial health and growth.
- Strategic Partnerships:
- Percentage: 5%
- Purpose: Set aside to forge key alliances that will add value and expand the capabilities within the XSHRIMP ecosystem.
- Real-World Asset (RWA) Initiatives:
- Percentage: 5%
- Purpose: Dedicated to integrating and expanding real-world asset projects, linking XSHRIMP with physical asset opportunities.
- Team:
- Percentage: 5%
- Purpose: Aligns team interests with the long-term vision of the project, incentivizing sustained commitment and effort.
- Staking Pool:
- Percentage: 10%
- Purpose: Aimed at rewarding long-term holders with additional benefits, enhancing token economics through stake-based incentives.
This strategic allocation of XSHRIMP tokens is tailored to ensure the project's sustainable growth, rewarding community engagement, securing liquidity, and funding future development while establishing strategic partnerships.
0x5222BCc4b1CbBf49aBB6F4887A643bF94f1cCe93
5% supply LOCKED UP IN STAKING POOL Staking Rewards Earned to incentivise the core team
0x01212AF8Ec9e748e2b63CEC1c3df0dF88851964f
10% supply LOCKED UP IN STAKING POOL
Staking Rewards Earned go to community Airdrops ONLY
0x9d437A6E0eB555757991606d0595c38ea4a7a014
5% LOCKED UP IN STAKING POOL
Staking Rewards Earned dedicated to Utility growth
0xeD68692fA031782EFaAEbAa4c7e0f48f4be28EA1
5% LOCKED UP IN STAKING POOL
Staking Rewards Earned dedicated to operational costs
Team Wallet:
- Address: `0x5222BCc4b1CbBf49aBB6F4887A643bF94f1cCe93`
- Allocation: 5% of the total supply
- Purpose: Locked in a staking pool where the staking rewards are earned solely by the core team. This mechanism is designed to:
- Incentivize Team Commitment:
By having their rewards tied to the project's performance, the team is motivated to work towards the long-term success of XSHRIMP.
- Align Interests:
Ensures that the team's financial incentives are directly linked to the project's growth and stability. Community Pool Wallet:
- Address: `0x01212AF8Ec9e748e2b63CEC1c3df0dF88851964f`
- Allocation: 10% of the total supply
- Purpose: Also locked in a staking pool, but here, the earned staking rewards are:
- Distributed as Airdrops: Exclusively used for rewarding the community through airdrops, fostering engagement, loyalty, and community growth.
RWA (Real World Asset) Wallet:
- Address: `0x9d437A6E0eB555757991606d0595c38ea4a7a014`
- Allocation: 5% of the total supply
- Purpose: Staking rewards from this wallet are:
- Utilized for Utility Growth: Directed towards expanding the utility of XSHRIMP, possibly through real-world asset acquisitions, partnerships, or infrastructure development that enhances the token's practical applications.
Treasury Wallet:
- Address: `0xeD68692fA031782EFaAEbAa4c7e0f48f4be28EA1`
- Allocation: 5% of the total supply
- Purpose: Similar to the others, this portion is also staked, with the rewards being:
- Allocated for Operational Costs:
Funds necessary expenses like development, marketing, legal fees, and other operational needs, ensuring the project's smooth functioning and growth. By clearly defining the purposes of each wallet and locking a significant portion of tokens in staking pools,
XSHRIMP demonstrates a commitment to transparency and sustainability. This approach not only incentivizes the team and rewards the community but also supports the project's expansion and operational health through strategic financial management.
XSHRIMP $SHRIMP Token is a simple token
created by gempad and audited by contractwolf
PLAY THESE GAMES AND AD REVENUE IS USED TO BURN $SHRIMP TOKENS THE MORE YOU PLAY THE MORE WE BURN
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