Скачать или смотреть BONFIRE TOKEN PRICE (BONFIRE TO 1 CENT)

Bonfire Token Here's A Realistic Price Prediction... IT'S GOIN TO 1 CENT BABY! Bonfire Token is goin to 1 cent!

Hey! In this video we take a look into what has been going on with Bonfire Token. The price of Bonfire Token and the whole Cryptocurrency space has not been looking too good. I kind of have some mixed feelings around the Bonfire Token project and I'll tell you why that's the case. Anyways Bonfire Token could have a lot of potential but we still have a ways to go before we get to where we want to be with Bonfire Token.

DISCLAIMER: I am not a financial advisor. I am just someone on YouTube that wants to show you the different was of making money online. Please do your very own research before coming to conclusions.

WHAT IS BONFIRE TOKEN?
Bonfire is a frictionless, yield-generating contract that allows the user to seek shelter amidst the uncertainty of the market. The protocol was launched on April 18th, 2021 through an OTC presale mechanism on Binance Smart Chain (referred to as BSC). The token contract employs a static reward system—10% of every transaction is split into two parts—one part is distributed to holders, while the other 5% is used to fuel the liquidity pool on the PancakeSwap decentralized exchange. The tokens are permanently locked in the LP, effectively reducing the available supply. The token was launched with the idea of creating a community token with a self generating income mechanism for its owner.

The static rewards system is a concept that was pioneered by reflect. finance and popularized by Safemoon. It is a great alternative to the usual high-APY liquidity farms out there because of its unusually sustainable approach. The reward amount is conditional upon the volume of the token in the marketplace, thus alleviating sell pressure put on the token by early investors. In addition to all aforementioned, the mechanism encourages token holders to hold on to their tokens in order to earn taxes from the transactions on the market, which is based upon the percentage specified in the contract and dependent on the total tokens held by the owner.

Unlike other protocols on the market, the contract does not employ a manual burn wallet (meaning the developer does not control a significant portion of tokens that can negatively impact the marketplace) and our community takes great pride in our excellent token distribution.