Trust code, not people
$BOBO — the rugproof journey to the moon on the BoboCarpet begins Tuesday June 8, 2021 on PancakeSwap.
$BOBO is a memecoin like you’ve never seen before — trustless, rugproof, deflationary, daily lottery and an actual fair launch. The BoboCarpet is safer than safemoon, safeRmoon and safestmoon combined. 😉
We’ll explain how, but first, a message from our fearless leader:
Moon Mission Begins: June 8, 2021 on PancakeSwap
Get your Metamask and BNB ready, cause you don’t want to miss this...
The LP farming rewards program will release the entire token supply on the first first day of launch to farmers (read to the end for more info on that).
All announcements will be made here and here.
An ACTUAL Fair Launch
These days crypto projects throw around the word “fair launch” like it means nothing. We are not like them, we take our fair launch very seriously.
With BoboCarpet you can rest easy knowing there is NO team allocation, no influencer allocation, no allocation to anyone or anyone’s dog prior to listing.
EVERYONE buys tokens from the open market, same as you.
Why does this matter?
Because there aren’t people with an unfair advantage of a private sale nd lower buy-in price waiting to dump on you when they make a quick, easy (and might we add, small) 2x.
We all buy in on day 1, yes, even the team. This is what makes us a true fair launch, community-driven project.
TRUSTLESS
Ok, the fair launch is cool and all that, but being trustless is what we’re really excited about. 🙌
In fact, we built BoboCarpet because we were sick of all the shady memecoin projects convincing retail buyers to pump the token to the moon, when they own 60% of the supply and eventually pull the rug from under them, making themselves rich and leaving retail buyers burned, thinking all crypto is a scam. In fact, this really makes our blood boil. 😡
With BoboCarpet you don’t have to trust us (or even know who we are), because nobody on the team has control over the project. The project is run entirely by code, like BTC or Doge.
However, with Doge, over 50% of the supply is held in just 20 wallets, giving those wallets the ability to pull the rug at any moment.
With projects like SafeMoon and the hundreds of safe____ copies, the LP tokens go to a team wallet, so they could pull the liquidity and cash out at any time… another rugpull maneuver.
And you saw what happened recently with Vitalik dumping the large portion of memecoin “burn” tokens that were sent to his wallet, like Shiba.
This is what happens when you put too much trust in the hands of people, rather than code and this is why we’ve built a rugproof token.
What else makes BoboCarpet rugproof?
11% Transaction Fee Redistributed to Community
Every $BOBO transaction has an automatic 11% fee that gets divided 3 ways.
5% of the transaction fee will be sent to a smart contract that will automatically sell 50% into BNB and then use the remaining $BOBO alongside it to add liquidity to the pool on PancakeSwap.
The LP tokens from the liquidity being added are automatically burned. (compare to Safemoon where these LP tokens are held in a team member’s wallet. Not safe ser.)
The burning of the LP tokens locks the liquidity in the pool on PancakeSwap which ensures there will always be liquidity within the pool for people to trade, making it safer to hold BOBO and harder for any individual to even try to pull the rug.
This is why we put our trust in code, not people.
Deflationary
5% of the tokens from the 11% fee will be burned immediately by the smart contract.
More tokens burned = less supply.
And less supply + more demand = ???
*🙊 NOTHING in this article constitutes financial advice.
Daily Lottery — The BoboLotto
1% of the tokens from the 11% fee will go to one lucky winner holding $BOBO, who will be airdropped that entire amount to their wallet during the daily BoboLotto.
The winner is chosen using Chainlink VRF (Verifiable Random Function), which is a provably-fair and verifiable source of randomness designed for smart contracts. Again, it is all done by code.
Last but not least…
Farming — A Unique Opportunity for Early Gem Hunters…
99% of the supply of $BOBO will be released to liquidity farmers within the first 24 hours from listing proportionately to how much liquidity they’ve provided.
Ah, the life of a humble farmer.
Looks good, but who’s behind this project?
We are a team of developers that have been building projects in the crypto space since the 2017 ICO bubble. 👨💻
We are known for our transparency and trustworthiness and are currently working on groundbreakinging De-Fi projects. While we wait for De-Fi summer, we’ve been getting sick of seeing all the retail buyers get scammed through memecoins while the devs behind the project dump on them and get rich. 🙄
One of our connections connected us with the Bobo team. They had been burned by the last token they created, where the devs who built the token rugpulled. This is becoming all too common, I’m afraid.
We have very trustworthy devs from the De-Fi projects we work on, as well as third party devs to check the code and auditors to certify it (we’ll release the audit done by Hacken soon). Together we’ve made $BOBO, a rugproof memecoin. It’s all the fun things people love about community-driven projects like memecoins, but with solid tokenomics — a fair launch, trustless, rugproof, deflationary.
Basically $BOBO is the best thing to happen to memecoins since… ever.
It is a new standard in memecoins — making rugpulls a thing of the past.
That’s all for now, frens
Thank you for flying with BoboCarpet for your rugproof journey to the moon. Please keep your tokens in a safe wallet at all times and do not operate the BoboCarpet under the influence of FUD or your NGMI friends.
Make sure you are in the official BoboCarpet telegram group:
And follow us on twitter for more announcements:
