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Basenji is a reflections based contract designed to automatically add to the liquidity pool and provide incentive for holding through reflections. Basenji was launched on the Binance Smart Chain on the 31st of October 2021. The token contract utilises static rewards, with a 6% transaction tax (buy/sell/transfer), split into 4% to the liquidity pool and 2% sent to holders as reflections. The LP has been locked via UniCrypt for 3 months initially which will be extended as we approach the unlock date.
[Basenji Top 100 Token Holders](<https://bscscan.com/token/tokenholderchart/0x0c46cdc9ae2eebfdce6c5635f100d0631b7d9cb8>)
Basenji differs from the rest of the De-Fi crowd because it has a passionate team working full time to develop a fully-fledged multi faceted decentralised application, with the idea of bringing together the multitudes of new cryptocurrency enthusiasts that have rallied behind the Doge-inspired communities. We see how special the passion behind crypto currencies can be and we believe that it can truly act as something that breaks down barriers across the globe, both financially, culturally and socially. We believe that by providing users with a nuanced and multi layered DeFi experience, we will be able to bring together many passionate members of different communities and give them a place to share, explore and further their De-Fi journey through the beloved medium of their favourite blockchain doges!
Basenji understand that the passion behind various crypto communities is something powerful. Dogepark seeks to harness these strong individual communities and bring them together over a shared passion, Dog tokens! We intend to provide a cross-chain DeFi application, that will allow all users to breed (stake) their existing dog coins/tokens to create exciting new breeds of dogs (LP tokens). The first pioneers to create new breeds of a dog on the platform will receive an NFT to immortalise their new breed on the blockchain! We firmly believe that the passion, unity and diversity can be further fostered as we do our part to use De-Fi to break down financial, cultural and social barriers globally.
Racetrack is a cross-chain DeFi application that acts as a hub of light-hearted community competition. Enabling members to 'race' some of the top performing dog tokens against each other. Users will be able to choose which Dog based token (out of a list of popular top performers) will have the largest percentage increase within twenty four hours. Users will be able to spend some crypto on their chosen 'dog' and if their token wins the 'race' those particular astute observers will share in a prize pool comprised of LP made from all 'bets'. This will feature a fun visual element and room for community to view, who's siding with which token and other friendly- competitive elements.