A Unique ERC20 Project Launched Based of the Auto-LP Smart Contract

Written by Newsfile

New York, New York--(Newsfile Corp. - February 12, 2022) - The Shibtama Token (SHIBTAMA) that is built on a unique Auto-LP feed based smart contract that redirects 4% of the transaction fee back to the liquidity pool offering better rewards to its holder got listed on Hotbit, CG and CMC on February 7, 2022. The projects aim to build more sustainable models like their smart contract to reward their holders.

SHIBTAMA Token: a unique ERC20 project

Cannot view this image? Visit:https://orders.newsfilecorp.com/files/8530/113561_aa68ae80043578da_001full.jpg ^[1]

The Shibtama Token (SHIBTAMA) is an exclusive ERC-20 project that is built based on LP-fortified tokenomics which will reward its holders based on the utility of the coin. The mechanism of the coin is designed to redirect 4% of the transaction fees back to the liquidity pool that will help the coin in strengthening its price in the market and help the coin grow sustainably despite the dips in the market.

The USP of the coin is its automated LP-feeding smart contract.

The LP-feeding smart contract will directly help in increasing the liquidity growth of the coin leading to more rewards to the holders of the coin.

Tokenomics of the SHIBTAMA token

SHIBTAMA ^[2] token has a total supply of 1,000,000,000,000 tokens with a maximum wallet capacity of 2% (20,000,000,000) that prevents large buy-outs leading to the consistent circulation of the token in the market. The holders of the coin are subjected to a 10% competitive buy tax. Out of the 10%, 5% of the buy tax is routed towards marketing of the coin in socials and the rest 5% is towards the development of the coin. The socials of the coin have been garnering a lot of attention in recent times and with more than 7k followers on Twitter, the traction on the coin has been consistent.

SHIBTAMA charges a total 12% tax on the total sale of the coin. Out of the 12%, 4% of the tax is projected towards Auto LP fees, the next 4% towards Marketing, and the rest towards development. The revenue generated from the sales and the buys is being redirected into the liquidity pool leading to increased pricing of the coin in the market. The marketing team at SHIBTAMA is aiming towards tapping into wider markets and increasing the demographics of its holders through competitions and giveaways on its socials, greatly pushing its position in the market towards a bullish trend.

SHIBTAMA launched in the HotBit platform on February 7th, 2021, 8:00 AM UTC and within two hours of the launch of Deposit function, the coin went live with its trading and withdrawal function. The first trading pair that went live with the coin was the SHIBTAMA/USDT pair and started seeing active swaps within the release of the trading pair.

The Auto Liquidity Pool feature of the coin which results in returns to the holders based on the performance of the coin in the market is an effective strategy that is helping in increasing the holders of the token. SHIBTAMA can be swapped with Ethereum using wallets like metamask or trust. These wallets can be connected to the UNISWAP (v2) platform to swap Ethereum for SHIBTAMA tokens. The UNISWAP platform is seeing active swaps on the token considering the breakouts in the pricing of the coin in the market.

RoadMap for the SHIBTAMA token:

The roadmap for the SHIBTAMA token is split into three market-intensive phases. Phase one of the token was allocating most efforts towards pre-launch of the token followed by setting up websites and establishing social platforms. Post-launch, the initial phase of the roadmap expected 300 holders of the SHIBTAMA token ^[3] which was achieved successfully. The token is listed on the CG and CMC. The token also got listed on hotbit along with it giving a wide range of listings for a new coin. The coin is also trending on CMC and Dextools followed by active swaps on the UNISWAP platform. The coin also did an equivalent 8 million ATH during the second phase of the road map maintaining consistency ever since. The Certik Audit onboarding process for the coin is underway with confirmation from SkyNet as well.

Telegram: SHIBTAMA Entry Portal (https://t.me/SHIBTAMAentryportal ^[4])Twitter: @ShibtamaETH (https://twitter.com/ShibtamaETH ^[5])

Media Details

SHIBTAMAhttps://www.shibtama.co/^[6]Info@shibtama.co ^[7]New York, USA

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113561 ^[8]

References

^{^} https://orders.newsfilecorp.com/files/8530/113561_aa68ae80043578da_001full.jpg (orders.newsfilecorp.com)
^{^} SHIBTAMA (www.newsfilecorp.com)
^{^} SHIBTAMA token (www.newsfilecorp.com)
^{^} https://t.me/SHIBTAMAentryportal (www.newsfilecorp.com)
^{^} https://twitter.com/ShibtamaETH (www.newsfilecorp.com)
^{^} https://www.shibtama.co/ (www.newsfilecorp.com)
^{^} Info@shibtama.co (www.newsfilecorp.com)
^{^} https://www.newsfilecorp.com/release/113561 (www.newsfilecorp.com)