Internet City, Dubai–(Newsfile Corp. – November 11, 2021) – LBank Exchange, a global digital asset trading platform, will list MINISAITAMA (miniSAITAMA) on November 12, 2021. For all users of LBank Exchange, the miniSAITAMA/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 12, 2021.
Figure 1: LBank Exchange Will List miniSAITAMA on November 12, 2021
Crypto world has always embraced meme culture, and lots of memecoins have emerged in recent years, but unfortunately, there are still quite a number of rug pulls happening in the memecoin space, leaving investors with tremendous losses. miniSAITAMA was originally a rugged token, but a few members of the community decided to revive it by making it the insurance of the meme token space. The miniSAITAMA token will be listed on LBank Exchange at 21:00 (UTC+8) on November 12, 2021, to further expand its global reach and help it achieve its vision.
miniSAITAMA was originally a rugged token by a dev that sadly decided to rug. A few members of the community have decided to take over the coin and airdrop all holders their acquired amounts in a new contract. They teamed up with a trustworthy and successful developer to revive the token. Taxing 2% of all purchases and sales to a certain fund enables the possibility for everyone holding miniSAITAMA to exchange their rug pulled tokens for interest in Ethereum tokens over time on its platform.
It’s been decided to keep the name of the original token on purpose as a statement, so the former developer can see the potential they threw away. MINISAITAMA aims to become the insurance of the meme token space, and a platform built with the intention to give rather than take, that will pay out victims of rugs.
Principles of MINISAITAMA
MINISAITAMA strives to maintain fully disclosed communication with all the holders, keeping everyone up to date with all the progress being made by the team. It has the ambition to realize a secure, long-term investment that will grow with its community. The launch was stealth and fair, without a presale. The previous rug of miniSAITAMA has initiated a relaunch, with a new team and utility. The team will prove the locked liquidity. All tax will be used for things such as: marketing campaigns, listings and further developments to the platform/website.
With a use case not seen before, miniSAITAMA aims to give back to the ones in need. The team is building a platform where people can exchange their now worthless ERC-20 tokens that have been rugged. Tracking down etherscan enables one to see how much ETH has been initially invested and lost. Exchanging it on MINISAITAMA platform enables people to revive up to 4400$ in ETH, depending on the worth of their initial investment.
As a community driven token, miniSAITAMA focuses on recovering suffered losses from those that have been rugged. It’s open to suggestions for new ideas and innovations provided by the community. Being relaunched and taken over by the community, the project promises to provide back to the community.
Tokenomics of miniSAITAMA
The miniSAITAMA token has the total supply of 1 billion (i.e. 1,000,000,000), 65% of it is in circulating supply, 32.5% was used for liquidity pool which is locked for 100 years and the rest 2.5% is provided for initial rug recovery fund.
For each transaction, there is a 10% tax; 1.5% is proportionally distributed back to the holders, investor’s investment will automatically grow the longer they hold; 5% is sent to the multi-sig team wallet, which will be used as marketing funds; 2% is returned to the rug recovery fund, which will be used on the platform to realize the utility; the rest 1.5% will be returned to the developer, which enables the developer to keep working hard on the project and ensures a seamless return on investors’ rugged investments.
The miniSAITAMA token will be listed on LBank Exchange at 21:00 (UTC+8) on November 12, 2021, investors who are interested in MINISAITAMA investment can easily buy and sell miniSAITAMA token on LBank Exchange by then, and LBank Exchange supports miniSAITAMA on-chain and trading rewards. The listing of miniSAITAMA on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about miniSAITAMA Token:
Official Website: https://minisaitama.io
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4409180799513
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
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LBK Blockchain Co. Limited
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