About YUMMY
A unique token ecosystem that combines contract tax tokenomics with staking funds, a single token staking platform with includes stable asset staking (upcoming), and educational content to add value to all holders Unlike other tax/reflect tokens, Yummy's ecosystem is not solely powered by token volume or price. It has a $1.3M Growth Fund that generates $2,000-$3,000 a day through staking yields that is utilized to buyback (creating daily buying pressure) and burn Yummy tokens (reducing supply) To provide the opportunity for investors to earn passive income, Yummy has launched it's very own staking platform. The platform has a wide variety of single staking pools, vaults, partner pools, charity pools and several other options. Also the opportunity to stake stable assets. YummyDog NFT's launched late 2021 to provide additional APR boosts for users staking on the platform. Yummy has launched a stable coin known as the Yummy Dollar (YUSD) that will further fuel the Staking Ecosystem, increase daily Yummy buying pressure from the growth fund yield and gives investors a high APR stable asset staking option. Since the inception of Yummy V2 contract the team bought back and burned approximately $4,000 a day in tokens. More than $605,000 (60B tokens) have been burned this way as well as a Mega-Burn of $1.5M (150B) of unclaimed tokens. Over 58% of Yummy circulation has been burned since inception and supply will continue to be reduced weekly through strategic buy backs. The entire team (including the CEO) are extremely active on Telegram and always around to answer questions.
Get up to $200 for getting started
Sign me upTrading Insights
Searched
1
Market Stats
Market Cap
Not enough data
FDV
$2.09M
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
406B YUMMY
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
-100%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.000217
Price Change (1Y)
41.28%
Additional details
Market details
YUMMY vs markets
↘ 13.43%
YUMMY vs BTC
↘ 18.57%
YUMMY vs ETH
↗ 21.36%
Tags
philanthropy
memes
Network & Addresses
Network | Address | |
---|---|---|
BNB Smart Chain | 0xB003C68917BaB76812797d1b8056822f48E2e4fe |
Price history
Time | Price | Change |
---|---|---|
Today | $0.00000517 | ↗ 6.28% |
1 Day | $0.00000486 | ↗ 6.28% |
1 Week | $0.00000444 | ↗ 16.44% |
1 Month | $0.00000374 | ↗ 38.04% |
1 Year | $0.00000366 | ↗ 41.28% |
Coinbase insights
Recent trends
The latest YUMMY price is $0.00000517. Compared to YUMMY's value of $0.00 from 24 hours ago, there's been a 6% increase, while the current price is 16% up from $0.00 which was recorded one week ago. YUMMY's all time high is $0.000217, which was reached on May 18, 2021. This is a -98% change from its price today.
The fully diluted valuation of YUMMY is $2.09M. The diluted valuation of YUMMY is $2.09M.
FAQ
Yummy is a project working hard to positively impact the world while maximizing the returns to its token holders through exceptional tokenomics. The project emphasizes complete sustainable strategic growth decisions, transparency, and innovative marketing campaigns, ensuring that Yummy reaches its maximum potential. The Yummy project aims to deliver value to holders by the Growth Fund and help solve some of the world's pressing issues like a donation in Binance Lunch for children.
According to the whitepaper, Yummy is converting from Version 1 (V1) to a new brand smart contract and has introduced Yummy version 2 (V2). A smart contract is a self-regulated contract with the term of the agreement between traders directly written into lines of code. Yummy V2 is created because of high liquidity in Yummy V1. Higher Lp makes it harder to move the crypto price and capitalize on the positive announcement. Liquidity in crypto indicates the efficiency with which an asset gets converted into currency without affecting the market price.
As per the data available in the whitepaper, the market cap of Yummy is at a low level, so a reduction of liquidity percentage makes sense. However, the Growth Fund is a vital part of the V2 ecosystem, seeking to maximize Yummy holders’ returns through daily buyback and burns. Coin burning permits users to remove tokens from circulation, reducing the number of coins in use.
Additionally, V1 accumulates Yummy, and once it hits 3 billion, it trades the token on the open market. Through the trade in an open market, the development wallet gets funded. However, the open market trade raises a few problems. V2 contract seeks not to trade at a specific interval. In contrast, Yummy can be accumulated in the contract to get traded, burned, or allowed to sit there with no fixed schedule.
Further, once the Yummy V1's liquidity is locked, Yummy cannot airdrop V2 tokens to existing holders. Thus, V1 holders need to send the tokens to the contract address. If any token holders fail to convert their V1 token into V2 during the initial conversion window, they get five months as a grace period to do the conversion.
The project has Yummy Dogs with 10,000 NFTs created from hundreds of possible traits. Each NFT is unique, with traits randomly assigned at the mint. Each Yummy Dog grants its owner access to the Yummy ecosystem, including additional staking rewards, educational content, and more. Further, the project aims to have exceptional tokenomics where they burn about 15.1 billion tokens from 6% Contract Tax. According to the link available on the website, the YUMMY token runs on BEP-20 and ERC-721. BEP-20