Token created on the Binance Smart Chain with a mechanism that automatically distributes 10% rewards in BUSD to holders.
Holders of BUSDX will be able to generate income in BUSD by holding it (a fiat USD equivalent). BUSDX has also created a staking DApp as well as a BUSDX launchpad. The revolutionary virtual BUSDXpay system is currently being developed and will be made available to our investors in the near future.
The Advantages of BUSD Rewards
BUSD is a fiat-backed stablecoin that is pegged to the US dollar. One US dollar is held in reserve for every unit of BUSD. In other words, the supply of BUSD is fixed at a 1:1 ratio to the supply of US dollars. Holders can exchange their tokens for fiat currency and vice versa.
The project’s owner, Paxos, publishes monthly audits of BUSD reserves. BUSD, as a stablecoin, is intended to maintain a stable market value. It enables investors and traders to hold a low-volatility asset on the blockchain without leaving the cryptocurrency space.
BUSDX redistributes 10% of each buy/sell transaction in BUSD to all token holders directly into their wallets with each buy/sell transaction. This process is completely automated, and each holder receives their share in proportion to the amount of BUSDX they own.
Liquidity on Demand
To ensure liquidity, 3% of every buy and sell transaction is transferred to Pancakeswap. Pancakewswap, a BSC-based decentralized token exchange, uses the liquidity pool concept to address low liquidity issues. The most important benefit of automatic liquidity is that your trades will always be executed successfully.
BUSDXpay is a virtual payment service that allows you to use your BUSDX tokens to make everyday purchases. You will also receive cash back bonuses in the form of BUSD if you use BUSDXpay.
BUSDXpad will concentrate on projects that are unable to be listed on larger ICO platforms. BUSDX holders will have first dibs on participating in the private sale of upcoming projects. BUSDX holders will also receive a guaranteed allocation based on the length of their holding period and the number of tokens they own.
Taxes are 18% (10 percent BUSD rewards, 5 percent marketing, 3 percent automatic liquidity)
THE BUSDX HAS BEEN AUDITED AND THE KYC HAS BEEN VERIFIED.
BUSDX will go live on Pancakeswap on Monday, November 22nd at 5pm UT.
For IDO participation, BUSDXpad employs a two-round system. The approach initially reserves an allocation for each tier, allowing for more equitable distributions and worthwhile purchase sizes.
Round of Allocation Reserved
Each tier receives a portion of the total hard cap that can be purchased during the round. Users can buy up to their tier’s maximum allowed contribution size within that share until the supply or time limit runs out.
FCFS Busdx Round
Following the Reserved Allocation Round, the FCFS round becomes available to all BUSDX holders immediately. All tokens from Rounds 1 and 2 are available in a single nonsegregated pool. Holders of the BUSDX may purchase up to a certain maximum contribution size.