BIBBYDivs
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How does it work?
Invest
Easily invest your $BIBBY tokens to join the ecosystem and watch your token balance grow as your investment contributes to the network.
When you invest 100 $BIBBY tokens in the smart contract, a 2% fee is deducted, and 90 tokens are credited to your balance. If referred by an eligible address, a portion of the fee goes to the referrer; otherwise, it is added to the global dividends pool.
There is also a 2% exit fee that is also redistributed to all holders.
Dividends
Earn dividends from the contract based on the amount you have invested. The longer you keep your $BIBBY in the contract, the more dividends you accumulate.
If your share of the token supply is 5%, you will receive 5% of the total dividends distributed. For instance, if the total dividends are 1000 tokens, you will earn 50 tokens in dividends.
Once your dividends cover your entry and exit fees, it's literally free money!
Reinvest
Maximize your returns by reinvesting your earned dividends to purchase more tokens, boosting your earnings and maximizing long-term growth.
If you have earned 50 tokens in dividends, you can choose to reinvest them. Reinvesting will incur the same 2% fee, so 45 tokens will be added to your balance, increasing your total token holdings and future dividend earnings.