Saitama Inu Community Is Loving BitriseCoin
Bitrise, a decentralised financial (DeFi) protocol on the Binance Smart Chain, has been the most talked-about project in the crypto community. The token was launched on the Coinmarketcapexchange on 28th July 2021, and from then, it has been making big moves that are attracting crypto investors, even from large cryptocurrencies. Saitama Inu community is one of them
Thereis somuch that Bitrise coin, a still mooning crypto coin, is offering that is attractingSaitama Inu and other crypto communities. First, Bitrise decentralized financial system enables users to earn, spend and lend on a peer-to-peer (P2P) platform. The platform will be faster, secure, and cheaper for users.
The first unique thing that the Bitrise team has done is to prove that they are indeed building a solid DeFi protocol. Immediately after the launch, the team started developing something that is attracting thousands of crypto investors, including the Saitama Inu community.
In just three months of the token launch, the team had already developed Bitrise Audits, Techrate Audit, and dApp wallet. These are products currently running in the Bitrise ecosystem and are expected to start generating revenue for the soon-to-be-launched staking process.The exchange is launching in Q1-2022 and more products. The fast development of the project has been one of the reasons the Saitama Inu communityis lovingBitrise coin.
But is the token holder rewards that have many in the crypto community joining the coin. Bitrise coin has one of the most attractive tokenomics in the market. As the team puts it in the whitepaper, they are developing a platform that rewards investors, and the Saitama Inu community likes it.
Bitirise is a hyper-deflationary token. The team has developed a contract that buys back tokens from the liquidity pool and burns them. Every 5% of the 12% tax on all transactions is sent into the buyback contract to buy and burn the bought tokens to raise the token value and keep a healthy floor price.
Bitrise token holders are rewarded 4% of the 12% tax for just holding tokens. The holding reward, which is in BNB, goes into the holders’ wallet every 60 minutes automatically. There is no need to request yourreward because it is distributed automatically. This is another thing attracting Saitama Inu and other crypto communities.
The widely awaited Bitrise token staking is another reason why the crypto community is excited by the DEFi project. The team says that 80% APY of the revenue generated by the products in the Bitrise ecosystem will be shared among the staked tokens. The staking rewards are attracting thousands of investors, including the Saitama Inu community.
The staking is launching any time from now, and the Bitrise team has already developed the staking program that will share the revenue generated. For more information about Bitrise coin, check out the following platforms: