How much is Bonfire token worth?
BONFIRE Price Statistics
| Bonfire Price | $0.1602 |
|---|---|
| Price Change24h | $0.1602 1072069107.53\% |
| 24h Low / 24h High | $0.0000000113 / $0.04228 |
| Trading Volume24h | No Data |
| Volume / Market Cap | No Data |
Is Bonfire coin legit?
AUDIT : Bonfire Token has been audited and passed with flying colours. LOCKED EXCHANGE LIQUIDITY : The liquidity pool tokens for Bonfire are permanently locked in the zero-address, meaning that the developers cannot pull the rug on the market, and the PancakeSwap market will always have liquidity on it.
How do you get a bonfire token?
Where can I buy Bonfire crypto?
- Visit the Bonfire website.
- Opt to use PancakeSwap V1 via the embed.
- Accept and continue to import Bonfire tokens.
- Connect a cryptocurrency wallet.
- Select a digital currency and the amount to trade.
- Set the slippage to 12\%
- Complete the swap.
When did bonfire token come out?
April 18, 2021
Bonfire is a cryptocurrency token that launched on April 18, 2021. According to the whitepaper, it’s “a frictionless, yield-generating contract that allows the user to seek shelter amidst the uncertainty of the market.”
How does the bonfire token work?
The Bonfire token rewards HODLers (token holders) with more coins by taxing the people who choose to sell their coins. This process is known as the static reward system, which was popularised by Safemoon. 5 per cent of all Bonfire transactions are distributed amongst the community. Bonfire is still at an early stage.
What is bonfire (Bon)?
Bonfire was launched on April 18 through the Binance Smart Chain network. According to its “whitepaper”—a document setting out how it works—Bonfire operates in a similar way to SafeMoon, claiming to reward people who hold the currency by essentially taxing those who sell it. This is known as a static rewards system.
What is bonfire cryptocurrency?
As a decentralized monetary system, cryptocurrency is inherently about bringing the common people together. The mission of Bonfire is to give cryptocurrency users around the world their very own platform to facilitate this community.
How much tax does bonfire take on transactions?
Every transaction on the Bonfire blockchain takes a 10\% tax. 5\% is redistributed to all the users and 5\% is added to the liquidity pool. This format makes it very hard for bots and swing traders to manipulate the system.