TIKI is the next evolution of a yield-generating contract on the Binance Smart Chain (BSC): you get rewarded in BNB instead of tokens.The token contract employs a static rewards system—15% of every transaction is split in two:
- 10% BNB is redistributed to holders
- 5% is used to fuel the liquidity pool exchange growth
In order to fully understand the BNB redistribution, we need to educate you on the reflection concept:
This is a concept that was popularized by Safemoon. The mechanism incentivizes token holders to hold in order to earn dividends from the transactions (buys and sells). Redistribution is based on percentage (in the contract), current token balance and number of holders.TL; DR: You receive more tokens automatically.
Popularized by HODL and GhostFace, a transaction fee is applied to every single buy /sell order, tokens are then swapped in realtime for BNB and added to a POOL (similar to how liquidity pools work). Holders can then go to a website and manually claim the BNB earned at specific time (daily / weekly / etc..). The BNB they can collect are based on their token holdings % and the current pool size. TL;DR: You hold, then go to the website and request your BNBs.
Claiming manually is unintuitive for a couple of reasons:
- Need to connect your wallet manually to the website
- Time constraints as you need to return frequently to manually claim your BNBs
- Educating holders is complicated. It's difficult for them to understand the value until they go through the full claiming experience. More difficult to market.
We created a unique system that auto-claims for every single holder the amount due. We call it the TIKI PROTOCOL.
The way it works for holders: You buy tokens and hold them, every 60 minutes you'll automatically receive BNB in your wallet. Not a single action is required.
Your TIKI tokens amount is persistant and won't change.
Behind the scenes:
- The contract keeps track in an array of all token holders
- The contract keeps an index into the array for processing
- Every transaction processes a certain number of users, depending on the transaction size (bigger token transfers can process more, since the gas will still be proportionally less than the value of the tokens)
- The token is based on a Dividend-Paying Token Standard, which means all BNB the contract gains will be split equally proportionally to the token holders.
- When a user is processed, the contract checks how many withdrawable dividends they have, and if it is above the minimum threshold for auto-claims, will either automatically claim those dividends for BNB, or automatically buy back tokens for them.
This system is fully automated and doesn't add minimal gas fees proportional to value transferred. The number of holders processed through each transaction is dynamic and based on transaction size. Holders will receive dividends from the queue based on their position in the array. It's a fair system, fully automated. Minimum token balance is 10,000 Tiki tokens to receive BNB distributions.
Join the TIKI - NFT & Token Discord Server!
TIKI TOKEN - 10% AUTO BNB Redistrib. - LIVE 🔥
Tiki Token - Medium
TIKI TOKEN x NFTIKI (@realtikitoken) | Twitter
TIKI TOKEN x NFTIKI
June 2, 2021
tikicommunity • r/tikicommunity
June 18, 2021
Documentaries, videos and podcasts
NEW 100X COIN ! TIKI TOKEN MASSIVE INCREASE ! TIKI TOKEN PRICE PREDICTION 2021 !
June 29, 2021
NEW CRYPTO REVIEW! TIKI TOKEN GIVES YOU FREE $BNB! HOLD $TIKI AND EARN!
August 16, 2021
Tiki Token & NFT - Present and FUTURE
December 6, 2021
Tiki Token Crypto | peiauto.com