The coronavirus pandemic continues to change our lives. 2020 saw a huge shift in how people earned their money in work from home and how they spend their money.
The combination of advanced DeFi, the growth of free-free stock trading apps like Robinhood, mass crypto adoption and a willingness to trade volatile markets, saw a whole new generation of people take more interest in what they do with their money.
People are consuming less and investing more. Many are turning to crypto for their investment. One such crypto project – PigByt – adopts an investor-driven approach to its native token $PBT. It is designed to bring value that will drive growth with token holders heavily incentivised not only to hold more tokens but also to hold for longer periods. This is on top of the rewards offered on each transaction of $PBT.
The DeFi Token (BEP20), developed on the increasingly popular Binance Smart Chain (BSC) has been created with the investor in mind. For the saver, you don’t need to do anything. No farming, no staking. Just HODL!.
With each transaction comes an 8% transaction fee. 4% of the fee of each transaction will be redistributed to the holders depending on the amount owned, whilst the other 4% of the fee of each transaction will be automatically added to the liquidity pool on PancakeSwap, which should be available in the first quarter of 2022.
This new decentralized project proposes the development of a manual, beneficial and transparent burning strategy and is being built for stability and convenience. Although still in its very early stages, the solidity of the project can be seen in the PigByt tokenomics.
From a total supply of 800 trillion $PBT tokens. 10% of the token supply is reserved for the IDO pre-sale currently happening now. A further 2%, 1.2%, and 0.8% are allocated to marketing, seed sale, and development, respectively. In total, 688 trillion $PBT will be up for public sale.
PigByt – The Final Word
With a Fair Launch set for the beginning of 2022. there is still a long way to go in the roadmap. However, early indicators are positive and this could be one to watch out for over the coming months.
You can visit the PigByt project here – https://pigbyt.com/
