BABY Token Burn Mechanism
Baby Penguin (BABY) features a unique token burn mechanism that is linked to the market cap of the project. The burn mechanism works as follows:
Raydium Pool Seeded: 25 million BABY coins (2.5% of the total supply) are seeded in the Raydium pool.
Market Cap $500,000: When the market cap reaches $500,000, 50 million BABY coins (5% of the total supply) are burned.
Market Cap $1 Million: When the market cap reaches $1 million, 75 million BABY coins (7.5% of the total supply) are burned.
Market Cap $5 Million: At a market cap of $5 million, 25 million BABY coins (2.5% of the total supply) are burned.
Market Cap $10 Million: Upon reaching a market cap of $10 million, 25 million BABY coins (2.5% of the total supply) are burned.
Additionally, Surprise Token Burn Events occur at unpredictable times, further reducing the total supply of BABY coins.
This dynamic burn mechanism is designed to reduce the circulating supply over time, potentially increasing scarcity and demand for the BABY coin as the project grows.