BODAPrice

(BODAV2)

BODA Token (BODAV2) is a deflationary DeFi token operating on the Binance Smart Chain. Its core objective is to provide passive income for its holders through stablecoin rewards, specifically in BUSD or USDT. The project underwent a significant V2 upgrade in September 2021, evolving into a hyper-deflationary token that distributes USDT rewards, enhancing its value proposition for participants in the decentralized finance space.

BODAV2 boasts several key features designed to benefit holders and enhance its ecosystem. These include automatic BUSD/USDT rewards for simply holding the token, auto-burning mechanisms to reduce supply, and manual token burns, complemented by buy-back programs. The project's roadmap outlines ambitious future plans such as a dedicated dashboard dApp for tracking earnings, yield farming opportunities, governance voting, a token locker, a token minter, lottery games, and the integration of NFTs. A BODA Swap Exchange is also actively under development.

BODAV2 holders can earn passive income through a reward system that leverages transaction fees. Up to 19% of these fees are converted into BUSD or USDT and then distributed to eligible token holders. Specifically, 6% from all buy transactions and 13% from all sell transactions contribute to this reward pool. To qualify for these stablecoin rewards, a minimum holding of three billion BODAV2 tokens is typically required, though this threshold can be adjusted in the future through community governance.

BODA V2 stands out primarily due to its hyper-deflationary design and robust reward mechanism. A unique feature is the automatic burning of 2% of every token transaction, significantly reducing supply. Additionally, an extra 1.5% from transaction fees is gathered and manually burned on a weekly basis, further aiming to increase the token's value over time. Its reward system, which distributes stablecoins like BUSD/USDT, functions similarly to stock market dividends, meaning the more tokens an individual holds, the greater their potential passive income.

The BODA Token project commenced in April 2021, initially launching as a hyper-deflationary reflection token. A significant milestone was the Version 2 (V2) upgrade, which was implemented on September 21, 2021. This upgrade introduced the innovative USDT reward mechanism, marking a pivotal evolution for the token. The team behind the BODA project is publicly identified, or "doxxed," and possesses relevant experience within the dynamic cryptocurrency industry, fostering transparency and trust within the community.

BODAV2 tokens are available for acquisition on various platforms within the crypto landscape. Users can find BODAV2 on centralized exchanges such as LBank, providing a streamlined experience for many investors. Additionally, for those who prefer decentralized options, BODAV2 can also be traded on decentralized exchanges, offering another avenue to participate in the BODA ecosystem.