The Baked Beans Token
Last updated
Last updated
The Baked Beans Token is a pivotal component of the Baked Beans on Solana ROI Miner ecosystem, contributing significantly to its sustainability and growth.
The token plays a crucial role in ensuring the ecosystem's longevity and value increase over time through several innovative gamified strategies and community-driven initiatives.
Buyback and Burn: The Baked Beans Token market liquidity is sustained through the Baked Beans Miner transaction fees and Baked Beans Store purchases. A portion of the Miner's transaction fees are used to Buyback and Burn Baked Beans Tokens.
This is to ensure that the Baked Beans Token has a deflationary status, meaning overtime, as the Baked Beans Token becomes more scarce, its rarity and value are expected to ascend, benefitting the investors.
Baked Beans Store: Baked Beans investors can use their Baked Bean Tokens to buy Buffs and Gems from the Baked Beans on Solana Store and Second-hand Marketplace
Note: Everything in the store as well as all of the technical upgrades will be decided and voted on by the community.
Account Upgrades: User's can use their Baked Beans Token's to upgrade their accounts from Bean Grower to Bean Titan, and opt in to become a Bean Loyalist during the Initial Platform Release.
Community-Voted Upgrades: To further bridge the gap to sustainability and token-integrated utility, the community will be presented with multiple opportunities to vote on the future direction of the Baked Beans Miner and Baked Beans Token.