BNB
by BSCN
January 12, 2023
The new burn portal will let users buy Baby Doge tokens at discounted prices when burning tokens.
Baby Doge officially announced that the new Burn Portal is amidst development and on its way.
The Baby Doge Swap community was updated on the status of the Burn Portal via tweet on January 12. The new portal is teased as the latest feature in the Decentralized Exchange (DEX) offerings by the growing Baby Doge Swap. The tweet confirmed that users will be able to buy $BABYDOGE at a lower price when burning tokens in the portal.
Proud to announce our burn portal is in development and should be complete soon đź“Ł
— BabyDogeSwap.com LIVE (@BabyDogeCoin) January 12, 2023
If you burn #BabyDoge you can buy #BabyDoge with lower buy fees 🔥 pic.twitter.com/v9qn8JlkNt
No confirmation of how much $BABYDOGE will be burned in the portal has yet been communicated. The 420 quadrillion token supply will need to add more ways to slow emissions and cut supply to impact the price long-term and boost the overall value of the ecosystem.
Baby Doge Swap continues to build out the features and services for its growing DEX. The incoming burn portal will be a welcoming addition to Baby Doge Swap's suite of offerings.
Baby Doge Swap is the acclaimed “son” of the popular meme token, DOGE. Baby Doge Swap started out as Baby Doge Coin and is a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project is now a fully Decentralized Exchange with swaps, liquidity pools, yield farming, and more. Baby Doge considers its primary utility as building a fun meme community to spread awareness of animal adoption.
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