About BABY XRP

The BABY XRP project is a community driven initiative that uses a unique auto defi mechanism to incentives investors that support the community aim solve problems in the area of parenting. The tokenomics of the community token ($BBYXRP) enables holders to recieve a share of a dividend pool that is accumulated from transaction fees (5% of transaction volume on every transfer) charged on the network. The dividend pool is converted to $XRP tokens and distributed once a week to all wallets holding $BBYXRP tokens according to the ration of their current $BBYXRP balance at the time of distribution, to the total circulating supply. Another 5% of the transaction volume is deducted from spenders and set towards providing trading liquidity on pancakeswap. 5% is also deducted from each transaction and sent to the project marketing wallet to fund promotional and partenership events and impement project growth strategies. The contracts also ensures that 2% of every transaction is sent to the burn address to implement token deflation.