BabyXRP Called BBYXRP

BabyXRP
5 min readAug 3, 2021

Malicious projects in the Binance Smart Chain space have thrived because of alack of information with new investors in the space. By providing educational discussion regarding trading crypto, we change our investors lives by providing them with the tools that they need to avoid those tokens.

Baby XRP provide a safe BSC token to invest in, with liquidity locked in perpetuity(1), and rewards in the form of Legacy XRP.

Rather than providing reflections in native token, or a buy-back mechanism Baby XRP provides reward in Legacy XRP to reward holding the token and avoid investors being subject to the complexity of and impermanent loss seen when staking LP in farming apps.

Baby XRP also utilizes an automatic liquidity pool to replenish the liquidity of the token on every transaction. The contract will collect tokens from each transactions adding them to the LP, which creates stability for the token, supporting the price floor.

We use several mechanism to encourage holding the tokens, rather than using bots to manipulate price or attempting to pump and dump the token: The requirement to hold tokens for 3 days to get the XRP reward as well will encourage investors to hold.

The tax on each transaction as well is an encouragement to hold. Every transaction is taxed 17 %.

❇️(1) Liquidity is locked till 2099 using Dx.Lock: HERE

In addition to this we provide an inclusionary community with 24 hour voice chat to educate our fellow investors on how to trade safely, grow their money, and make smart decisions on the Binance Smart Chain.

The project uses a fully doxxed developer team, further instilling trust and safety for the investors.

BABYNOMICS

Baby XRP is a deflationary token. As time goes on the total supply diminishes and the liquidity is replenished. Each transaction is taxed 17%.

Burn: 2 % of every transaction is sent to a dead wallet, removed from the total supply forever. Thus increasing the value of the remaining tokens.

Marketing: 3% of every transaction is sent to the marketing wallet. (This ensures longevity of the token as future marketing and advertising will be used to ensure that we will continue to attract new investors and holders.

Liquidity: 5% of every transaction is used to replenish liquidity for the token . This is to ensure a solid price floor, and keep a stable price for the token.

The 5 % Liquidity fee is further split in two halves where one half is swapped to BNB. The other half of the BabyXRP is paired with the BNB and liquified on PancakeSwap. Team: 2% of every transaction is sent to the team wallet for the team and staff payroll.

Ripple effect: 5% of every transaction is collected to build up a cache which is airdropped to holders that have hold tokens over the last 3 days. Every 3rd day the rewards are dispensed, starting 2 hours after the launch.

HOW INVESTORS ARE SECURED

Burn: 2 % of every transaction is sent to a dead wallet, removed from the total supply forever. Thus increasing the value of the remaining tokens.

Marketing: 3% of every transaction is sent to the marketing wallet. This ensures longevity of the token as future marketing and advertising will be used to ensure that we will continue to attract new investors and holders.

Liquidity: 5% of every transaction is used to replenish liquidity for the token . This is to ensure a solid price floor, and keep a stable price for the token.

Team: 2% of every transaction is sent to a payroll wallet used to pay the ever growing staff here at BabyXRP ensuring only the most qualified and experienced individuals are working towards making your investment grow.

Ripple Effect: 5% of every transaction is continuously adding to the wallet that is then used to buy XRP. Because the contract automatically takes the BNB from the transaction tax it is never selling off tokens to replenish the pool used to purchase XRP.

1. 26.9 % of the total supply is burned, Dev wallets only holds 0.9 % of the original supply at launch (1.23 % of the circulating supply)

2. Presale was held on DxSale where 70% of the Presale BNB contribution is used for Liquidity Pool.

  • The Liquidity Pool is locked with DxLock till 2099.
  • 5 % of each transaction is used to replenish the LP.

3. The tokenomics are designed to alleviate some of the troubles seen with many new tokens on the Binance Smart Chain.

4. The Dev team is fully doxxed as can be reviewed on the website and telegram group.

5. Baby XRP is launched under the umbrella of Rise Up token, which is building a community to launch safe projects and help investors find the right projects to invest in on the Binance smart chain.

WALLETS

For investors security we are disclosing these wallet addresses which are important to be aware of and some of the biggest holders of BabyXRP token.

💥Burn 0x000000000000000000000000000000000000dEaD 31.67 %💥

➡️ PancakeSwap Contract/Liquidity : 17.95%

➡️ DXSale Contract :5.14%

➡️ PancakeSwap Tax : 2.62 %

➡️Dev wallet 1 :0.00 %

➡️Dev wallet 2 : 0.00 %

➡️Dev wallet 3 :0.23 %

➡️Dev wallet 4 : 0.49 %

➡️Dev wallet 5 : 0.60 %

➡️Marketing Wallet :0.51 %

➡️DXSale Fees : 0.40 %

➡️BBYXRP XRP Reward : 0.00 %

This is a snapshot in time (as of whitepaper version generation) showing the tokens held by the wallets.

The BBYXRP reward wallet holds BNB.
Dev wallet 1 has been spent
Dev wallet 2 was transferred entirely to dev wallet 5

THE ROAD AHEAD

“It’s a dangerous business, Frodo, going out your door. You step onto the road, and if you don’t keep your feet, there’s no knowing where you might be swept off to.” — Bilbo Baggins

The roadmap is an evolving process, as is the whitepaper and will be continuously updated. Core to this project is connecting with the XRP community, doing community giveaways and hold events as the token grows organically in a safe way. Marketing is used for the regular listings and for improving visibility to potential investors.

✍🏼||Contract 0x8beAbaa4f025D00B4699d56a683758d692d17F20

✍🏼||Name BABYXRP

✍🏼||Symbol $BBYXRP

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BabyXRP

“It’s a dangerous business, Frodo, going out your door. You step onto the road, and if you don’t keep your feet, there’s no knowing where you might be swept off