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Baby Luna Token
babyLUNALive Price & Chart
What is Baby Luna Token (babyLUNA)?
What is Baby Luna Token (BABYLUNA)?
Baby Luna is the primary token of the ecosystem. $babyLUNA rewards and incentivizes the many aspects of our protocol, and creates a cohesive and supportive community on a mission to help save the $LUNAtic community. Rather than transacting, $babyLUNA's utilities will be based around holding due to its unique rewards functionality.
What is the utility of Baby Luna Token?
$babyLUNA employs an innovative Generation 4.0 smart contract equipped with dynamic, dual token rewards on the Binance Smart Chain. Baby Luna's Town Hall (Governance DAO) will be powered by $babyLUNA token. The token will be used by holders to present and vote on improvement proposals, which will come in various forms. Staking is the primary value accrual strategy of Baby Luna Users stake their $babyLUNA on the Baby Luna dApp website to earn rewards. The rewards can vary based on the number of $babyLUNA staked in the protocol and the reward rate set by monetary policy. The increase in the stake of $babyLUNA translates into a constantly falling cost basis converging on zero. If the market price of $babyLUNA drops below your initial purchase price, the increase in the staked $babyLUNA balance should eventually outpace the fall in price, given a long enough staking period.
What makes Baby Luna Token unique?
Innovative MasterChef Contract:
Unlike traditional MasterChef contracts which use the balance of tokens in the contract as the lpSupply, Baby Luna Token contract uses cached balances which are updated on each deposit, withdrawal, and emergencyWithdraw function usage. This mechanism ensures that many pools of the same token type can be open if needed without interfering with each other. This is a new feature that innovates traditional yield farming protocols. Why? In a traditional farm, when a newly opened pool's APR begins to decrease, users refrain from depositing more capital.
With Baby Luna's new MasterChef contract, whenever a pool's APR becomes unattractive, we will open a new pool with increased APR, increasing TVL (Total Locked Value)--> and this loop can be infinite, thanks to our new MasterChef technology.
Who are the founders of Baby Luna Token?
The team is not doxed as usual but the available information is as below:
Core Devs Include:
Joshua
Micheal
Fred
Community Manager:
Jeremy
What are the future plans for Baby Luna Token?
NFTs Launch, Partnership With Top Meme Coins, Early Supporter Rewards, 1st Burn Event, Centralized Exchange Listings (ProBit, WhiteBit, HotBit, etc).
Marketing Data Analytics - Assessment & Evaluation .
Improvised Marketing Campaigns.
Community Governance Community Townhall Merch.
Frequently Asked Questions about Baby Luna Token
Where can I find more info about Baby Luna Token?
You can find more info about Baby Luna Token on the official website.
Where can I follow updates about Baby Luna Token?
You can follow updates about Baby Luna Token on their X account.
Where can I join Baby Luna Token community?
You can find Baby Luna Token community on Telegram.
What is the contract address of Baby Luna Token?
The contract address of Baby Luna Token is 0x077521B065EB2320b1927866d26C882ff223bfE4 on Binance Smart Chain.
Where can I buy Baby Luna Token?
You can buy Baby Luna Token on PancakeSwap.
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