Buff Shiba Inu (BUFFSHIBA) is a community-driven token on the blockchain-based platform that aims to empower non-private and small traders to build more substantial portfolios. A community-driven coin is a cryptocurrency project with no specific owner or company structure. According to the website, the Shiba Inu Buff is a Buff version of the Shiba Inu. Moreover, the platform is hyper-deflationary which means the token’s purchasing power rises drastically in a short period. Buff Shiba Inu burns 50% of its tokens, thus keeping the supply constantly limited and decreasing. Coin burning permits users to remove tokens from circulation, reducing the number of coins in use.
According to the whitepaper, the platform's token is BUFFSHIBA, which runs on BEP-20. BEP-20 is a token standard for the Binance Smart Chain (BSC), an evolved ERC-20 standard. Also, BSC is a blockchain network that works on dual-chain architecture and empowers the users to set up their DApp. Additionally, all the holders seek to earn Buff Shiba Inu automatically sent to their wallet by simply holding Buff Shiba Inu in their wallet. The users receive more Buff Shiba Inu from the fees generated by the transaction. Of every transaction, 5% gets redistributed to the token holders. Coin burning takes place with every transaction.
Furthermore, Buff Shiba Inu consists of a Charity Wallet. The platform believes that one of the essential missions of a lifetime is to live in harmony with all people, nature, and animals. Therefore, the platform supports animal shelters and environmental issues. Also, Buff Shiba Inu quotes," Sharing is the key, Not Owning." The platform aims to donate some percentage of the developer's profit to the animal shelters and environmental issues like the reconstruction of forests to prevent global warming.
