Baby Doge Coin (BABYDOGE)
Baby Doge Coin is a deflationary memecoin introduced as a spinoff from Dogecoin. It was launched on June 1, 2021, and is built on the Binance Smart Chain, compatible with Ethereum. The project aims to bring cryptocurrency to the average person and support dogs in need. The team has contributed to several animal charities, enhancing its community-driven mission. Initially, Baby Doge Coin had a supply of 420 quadrillion tokens; however, about 43% were burned. The development team continues to perform monthly token burns, which are intended to manage supply.
| Ticker | BABYDOGE |
| Category | Gaming (GameFi) |
| Website | https://babydoge.com |
| Contract Addresses | |
|---|---|
| binance-smart-chain | 0xc7...de Copied! |
| solana | 7d...nnCopied! |
| ethereum | 0xac...0bCopied! |
Baby Doge technology
Baby Doge Coin is a BEP-20 token operating on the Binance Smart Chain, which offers improved speed and efficiency, leading to lower transaction costs and fast processing times. The protocol enforces a 10% fee on each transaction. Of this, 5% is redistributed to existing Baby Doge Coin holders through a reflection mechanism. The remaining 5% is split again, with half retained as Baby Doge Coin and the other half converted to Binance Coin. These are then added to a liquidity pool on PancakeSwap, facilitating trading and maintaining liquidity.
Utility
BabyDoge Swap
BabyDoge Swap is a decentralized exchange that offers discounted swap fees for BabyDoge token holders, enhancing the trading experience.
Prepaid card integration
Holders can load BabyDoge onto prepaid cards, allowing them to spend their tokens like traditional currency. This integration enhances the real-world utility of BabyDoge.
Token locker contract
BabyDoge offers a free token locker contract on both BNB and ETH chains, providing a cost-effective solution compared to competitors.
AI image generator
Users can use Baby Doge to pay for creating AI-generated images and memes, which can also be minted as NFTs using Baby Doge tokens.
Gaming integration
BabyDoge has developed a chess game allowing users to play against each other, integrating tokens into the gaming experience. The project plans to expand with more games in the future.
Payment integration
BabyDoge can be used as a payment method across various services, including Uquid, PIP, AntX, Travel Care, NowPayments, and CoinPayments.
Community token gated Discord
A unique feature of BabyDoge is a community token gated Discord, which provides a platform for community interaction and collaboration.
Exclusive merch
Holders of BabyDoge can purchase exclusive merchandise, fostering a sense of community among users.
BabyDoge NFTs
BabyDoge NFTs include 10,000 unique NFTs on the Ethereum blockchain. They can be used within the Decentraland metaverse, each featuring distinct traits such as background, clothing, fur, eyes, mouth, and headwear.
Baby Doge mechanism
Reflection
A 5% fee is applied to every BabyDoge transaction, which is redistributed to existing holders. This means holders can accumulate more Baby Doge tokens over time.
LP acquisition
An additional 5% fee is charged on transactions, with half converted into Binance Coin. The remaining BabyDoge tokens are paired with BNB to form a liquidity pair on PancakeSwap. The Binance Coin portion is used to support project expenses and charitable donations, while the BabyDoge portion is burned.
Burn
BabyDoge incorporates a deflationary mechanism, with over 50% of the total supply burned. This process removes tokens from circulation and occurs continuously with each transaction. A portion of the transaction fees is also burned, supporting the deflationary model.