Some "Weird" Tokens On The Binance Smart Chain: Low Supply & Burn πŸ”₯

Some "Weird" Tokens On The Binance Smart Chain: Low Supply & Burn πŸ”₯


In this article, I will report some "strange" Binance Smart Chain tokens that may have growth potential.
I will focus on their operating mechanism. I will not mention tokens known and already with great "hype" such as Beefy Finance (BIFI), Autofarm (Auto), Pancake (Cake). Also these have nothing to do with the Burn. I remember that all of these tokens (BEP20) are tradable on PancakeSwap (BSC). If the token is not present, in the search bar just add the contract (just search for the token here BSCscan, copy the contract and then paste it on Pancake). If you don't know how to use/buy BEP20 tokens, I recommend this article: How to Swap Token Bep2 To Bep20: Binance Smart Chain (Yield Farming)
Obviously this is not financial advice because before investing in any of these tokens you should do your research!
I cannot assure that these tokens could be suddenly dumped or become scams because they are quite new projects.


SPONGE (SPG)
This token was farmed in the Tenet pool (80% of the supply). High passive yield token that absorbs token from other transactions.
How does SPG work? When you buy, move or sell the token... part of its supply is burned forever. The supply is 100,000 but it always decreases over time. Spg presents 6.66% of the transaction fee and 5% of the transaction is given to the holders (just keep it in your wallet).
0.16% is burned forever and 1.6% goes to the developers.
What does this mean? That if you buy 10 SPG (example), the moment people buy or sell... it makes you increase SPG in your wallet! It's a bit similar to Vapor (another BSC token) but Sponge looks like its evolved version.
Sponge Finance

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DUSA (DUSA)
It is an "automated return" token, again 100,000 of supply. Dusa benefits early token holders because they too are rewarded when people buy Dusa.
There is no need for staking, just hold in your wallet. The token works on a 72-hour commission cycle, every 24 hours the commissions will increase by 2% (one part goes to the holders, another to the Olympus Vault and one is burned):

1) Day 1 (2%)
2) Day 2 (4%)
3) Day 3 (6%)

At the end of day 3, the cycle starts again from 2%. Attention on Coingeko a wrong name is reported. You can read Medusa (Dusa), actually this token is called "Dusa (Dusa)". Medusa is another token with another contract (on Coingecko everything is right: supply, price, etc but the name is wrong). Here on BSC: BSCscan (Dusa)
OlympusYield

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VANCI FINANCE (VANCII)
The total supply of the token is 30,000. The interesting thing is that Vancii rewards the holders of their token... with Bnb. There is a 4% burn rate on the purchase and a 6% sales tax on these tokens. In theory this ensures that demand is always greater than supply. Of the 6% sales tax, 50% is sent back to the liquidity pool, 25% is returned to the holder of Vanci in the form of bnb, 25% goes to the developers. I haven't made the Bnb claim yet. I will update you!
Vanci Finance

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DINOYIELD FINANCE (DINO)
The token supply is around 20 million, however, according to developers, 13.5 million have already been burned. The buyers and sellers pays slippage, this tax is redistributed to the holders.
6% is share between all holders and 2% is definitely burned. What does this entail? Dino token amount will increase directly in your wallet and the total supply decreases. A similar model to that of Sponge, although the total supply here is much higher.
DinoYield Finance

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FRY WORLD (FRIES)
Yield Farming platform (such as YFI, Harvest, Beefy, Autofarm, etc). To participate you need to stake Fries🍟 by receiving commissions and rewards from the platform. Fries owners will also have the option to participate in governance through Fries staking by earning Ketchup πŸ… ($ KHP). Ketchup in turn will allow Fries to make a profit. Selling or transferring fries is not a strong fry move. Weak fries (sell) will incur a 2% fee on every transaction. Half of this amount (1%) will be burned forever to keep fries deflationary. The other 1% will go to the Strong Fry Reserve, and distributed to the strong fries staking for ketchup.
On every mint from farming fries, developers will receive 2.5% on top of the minted amount. This will give the team the ability to sustain the ecosystem as it grows for development, marketing and partnerships. The supply is around 50,000 but the number decreases due to the burn.
Fry World

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