The cryptocurrency landscape welcomes a new player as the LILSHIB token presale officially kicks off, presenting an opportunity for early adopters to engage in a deflationary meme token economy. Hosted exclusively on lilshib.com, this presale is designed to raise a substantial $11 million through a straightforward first-come, first-served approach, devoid of private or multiple rounds.
Each LILSHIB token is priced at $0.0002, with a total of 55 billion tokens allocated for the public presale. The overall supply is capped at 110 billion tokens, ensuring that the project starts off with a deflationary framework from the outset. To date, 82,741.455 tokens have been sold, equating to approximately $16.548291, all under the Ethereum network.
The tokenomics of LILSHIB are crafted for transparency and sustainable growth right from launch. A significant 50% of the total supply is allocated for the presale, translating to 55 billion tokens. Staking rewards are set at 20%, which means 22 billion tokens will be available, promising an attractive 44% annual percentage yield (APY) starting from the Token Generation Event. Additionally, liquidity reserves will secure 10% of the total with 11 billion tokens, ensuring trading stability through fully locked liquidity.
Further, 10% of tokens are designated for development and marketing initiatives, while 5% (5.5 billion tokens) are reserved for buyback and burn strategies. An additional 5% of the total supply will incentivize community engagement through a referral program.
The deflationary strategy of LILSHIB aims to enhance long-term price stability and ecosystem value through two key mechanisms: dedicated token burns and revenue-driven buybacks. The burn allocation of 5.5 billion tokens, coupled with 50% of all protocol revenue, is intended to systematically decrease the circulating supply, supporting price resilience.
As staking operations commence immediately with the Token Generation Event, early holders will benefit from sustainable rewards. All core smart contracts and tokens have undergone internal audits to ensure reliability and transparency. Moreover, locked liquidity effectively mitigates risks associated with rug pulls, safeguarding initial investors.
The LILSHIB token facilitates various ecosystem utilities including swaps and staking rewards. Token holders will have a say in project governance and will gain access to exclusive features like drops and perks, highlighting the project”s commitment to community involvement.
In an exciting addition, presale participants will enjoy a 10% referral cashback for each successful invitee purchase. This cashback is split evenly, with 5% rewarded in LILSHIB tokens and the other 5% in either ETH, USDT, or USDC. Users can easily access referral rewards by integrating their wallets and entering their unique referral codes.
Looking ahead, the roadmap for LILSHIB includes the introduction of staking, yield farming, lending protocols, and plans for listings on centralized exchanges. Future developments will also encompass upgrades to the LilShib Swap, NFT releases, and the creation of a Layer 2 chain.
For further details and participation, visit the official links: Website, Twitter, Telegram.
Disclaimer: The views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not accountable for the accuracy or reliability of the content mentioned. This article is for educational purposes only, and investors should conduct their own research.
