Detroit, Michigan--(Newsfile Corp. - November 18, 2021) - BUSDX is proud to announce its listing at Pancakeswap. It is a staking and rewards token that was created on the Binance Smart Chain, with a mechanism that distributes 10% rewards in BUSD to holders automatically.
By holding BUSDX, holders will be able to generate income paid out in BUSD (a fiat USD equivalent). BUSDX has also developed a staking DApp and a BUSDX launchpad. The revolutionary virtual BUSDXpay system is currently being developed and will be available to our investors soon.
Benefits of BUSD Rewards
BUSD is a regulated, fiat-backed stablecoin pegged to the U.S. dollar. For every unit of BUSD, there is one U.S. dollar held in reserve. In other words, the supply of BUSD is pegged to the U.S. dollar at a 1:1 ratio. Holders can swap their tokens for fiat and vice versa.
Paxos, the project's owner, releases monthly audits of BUSD's reserves. As a stablecoin, BUSD is designed to maintain a stable market value. It allows investors and traders to hold a low-volatility asset on the blockchain without the need to exit the crypto space.
With every buy/sell transaction, BUSDX redistributes 10% of the transaction in BUSD to all of the token holders directly into their wallets. This redistribution process is fully automatic, and each holder gets their share in proportion to the amount of BUSDX they hold.
To maintain liquidity, 3% of each buy and sell transaction is transferred to Pancakeswap. Being a BSC-based decentralized token exchange, Pancakeswap fixes low liquidity issues by using the liquidity pool concept. The most significant advantage of automatic liquidity is that your trades will always be executed successfully.
BUSDXpay is a virtual payment service that will allow you to make everyday purchases with your BUSDX tokens. By using BUSDXpay, you will also receive cash back bonuses in the form of BUSD.
BUSDXpad will focus on projects that are not able to get listed on the larger ICO platforms. BUSDX will give our holders exclusive privileges to be the first ones to participate in the private sale of upcoming projects. BUSDX holders will also get a guaranteed allocation based on their duration and number of tokens they are holding.
Taxes 18% (10% BUSD rewards, 5% marketing, 3% automatic liquidity)
BUSDX IS AUDITED AND KYC VERIFIED
BUSDX will launch on Pancakeswap Monday, November 22 @ 5pm UTC.
BUSDXpad uses a 2-round system for IDO participation. The approach initially reserves an allocation for every tier, allowing for fairer distributions and purchase sizes that are worthwhile.
Reserved Allocation Round
Each tier gets a share of the total hard cap that they may purchase during the round. Users can purchase up to their tier-defined maximum allowed contribution size within that share until either the supply or time limit exhausts.
Busdx FCFS Round
Following the Reserved Allocation Round, the FCFS round immediately opens up for all BUSDX holders. All remaining tokens from Rounds 1 & 2 are available in one nonsegregated pool. BUSDX holders may purchase up to a specified maximum contribution size.
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