The BabyTuru meme token $BBT has several trading pairs in the different DEX’s.
Besides a trade with native tokens like $SYS (Rollux), $Matic (Polygon), $BSC (BNB), $AA (Arthera) and $TRX (Tron), we also have added recently three trading pairs with non native tokens, $ELK, $CCC & $TRNGUY.
In this article we will try to explain the benefits through the $BBT-$ELK and the $BBT-$TRNGUY pair.
ELK – BBT
The ELK-BBT pair is live on the Arthera Chain and is trading on the ELK DEX: https://app.elk.finance/swap/10242/BBT/ELK
The pair has been implemented before the native $AA token or any stablecoin were live on Arthera. Setting up this pair, where $ELK is multichain and can be bridged in, allows users of Arthera to acquire $BBT tokens on chain until other ways are possible.
Benefits:
– Growing user count on Arthera by providing possibility to buy tokens
– Trade volume is generating burns on chain.
Once the $AA pair is initiated there will be arbitrage possibilities, generating additional volume and with that additional burns..
TRNGUY – BBT
This month we have created the $BBT – $TRNGUY pair which can be found on BabyTuruSwap.me. https://www.babyturuswap.me/ currently there is 12M $BBT and 120M $TRNGUY in this pair. This is quite a considerable liquidity. Which will drive volume for $BBT when the value difference between $BBT and $TRNGUY fluctuates.
Positive scenario:
For example. With $TRNGUY having a current MC of around 900k. If that MC would double and $BBT would stay the same. Additional 12M $BBT should be pushed into this LP to have the same value balance in the LP as on the market. (this is happening automatically in the routing process on JM, where the routing always choosest the cheapest way to buy a token).
Besides the fact that this will pull 12M $BBT from the circulating supply (partially from market purchase supporting the price), it will also mean 12M $BBT volume, which results in 600k tax out of which a significant portion will be burned.
Benefits:
– Higher volume means higher burns
– Following TRNGUY price action influences $BBT price
Negative Scenario:
The market cap of TRNGUY halves. Instead of buying 12M $BBT from the market, 6M $BBT will be pushed back into the market, resulting in sales pressure and in volume for $BBT
Impact:
– Volume for $BBT resulting in burns
– Selling pressure on $BBT influencing $BBT price
Neutral Scenario:
If the price of TRNGUY or $BBT fluctuates up and down outside a 10% window, the fluctuations will result in buys and sells in the pair resulting in volume for the $BBT token and as a result burns.
Impact:
– Volume for $BBT resulting in burns
