Mamy Shiba Inu — The Mother Of Shiba Inu

Cryptic Weirdo
4 min readAug 10, 2021

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Introduction

Mamy Shiba is the name of the mother of the dog token Shiba Inu. She had gone missing for quite a while. In order to reunite with her beloved child Shiba Inu, she must navigate her way through various perilous dangers with full strength from her heart, and extra power gained because of the natural love of a mother.

By simply keeping Mamy Shiba coins in their wallets, all Mamy Shiba holders will earn high quantities of Mamy Shiba coins as interest, which will be automatically sent to their wallets as additional Mamy Shiba coins. Every day, the amount of Mamy Shiba in the wallets of the holders will increase because all of the holders automatically receive a share from the 2 percent fee from every buy transaction and a 7 percent fee from every sell transaction that occurs on the Mamy Shiba network. The community receives the Mamy Shiba coins as a result of the fees generated by each transaction. The project team collects all the fees, forms a total pool and then distributes according to the shares. This share is decided based on the amount of Mamy Shiba coins being held by the Holder. The more coins you hold, the higher will be your share. Thus, more coins will be received in reward.

Tokenomics

The total supply of Mamy Shiba Inu coin, that is, MamySHIBA is 1 Quadrillion Coins = 1,000,000 Billion MamySHIBA coins . The division has been decided in the following manner:

  • 45% — Used for providing liquidity and participating in activities like Locking of Coins for 1 year
  • 48% — Total amount of MamySHIBA coins to be burnt. 5% of total supply has already been burnt. This leaves 43% for future burn events
  • 4% — Marketing is very important to help grow a project. 5% of total supply is decided to be used for marketing purposes
  • 1% — This is allocated to help make the world a better place. 1% of total supply will be used for donation purposes
  • 2% — To create hype and attract initial holders, Airdrops events are must. 2% of total supply has been kept for these airdrop events that will take place from time to time

There is no clause of having any kind of Pre Sale events.

Also, a huge and very important point to note is that the development team will not hold any number of tokens. This will help avoid any exploits in future.

For interest or dividend to be sent out to the holders, 2% fees on buy transaction and 7% fees on sell transaction would be charged, which would then be distributed among the holders in the ratio depending on the amount of coins they hold

Buyback Mechanism

MamySHIBA will be using a big boost buyback mechanism called ShibaBoost Protocol. This protocol has been specially engineered to provide an exceptional and automated system for the buyback of MamySHIBA. This is both effective and accommodating for all the holders. The amount of money that MamySHIBA will buy back will vary depending on the volume of transactions that are taking place at any given time. This will be an on-going process that will never stop. This system eliminates the need for us to manually adjust buybacks on a consistent basis, allowing it to maintain a smooth process even when the developers are sleeping or engaged in other activities. Thus, it will all happen automatically. As per what is decided, 6% of the buy tax and 7% of the sell tax will go to the ShibaBoost Protocol.

Level of Holders based on their Holding

Beginner

Minimum holding — 1,000,000 MamySHIBA

Rewards –

  • Some Reflections
  • Little long term gains
  • Satisfaction
  • A proud holder

Novice

Minimum holding — 1,000,000,000 MamySHIBA

Rewards –

  • Lots of Reflections
  • Acceptable for long term
  • Major Satisfaction
  • A very proud holder

Pro

Minimum holding — 1,000,000,000,000 MamySHIBA

Rewards –

  • Insane Reflections
  • Passive Income
  • Unimaginable joy
  • Lifer

Roadmap

  • MamyShiba is Born — Completed
  • Website launch — Completed
  • Whitepaper Release
  • Influencer marketing push
  • Meme contests
  • Listing on Coingecko
  • Listing on Coinmarketcap
  • $100M of market cap achieved
  • +40k members in Telegram group
  • +10k followers in Twitter — Completed
  • Techrate audit
  • Partnership with influencer Youtube,Twitter, & Tiktok
  • MamyShiba Dashboard (earnings tracking)
  • MamyShiba AR gaming app
  • MamyShibaSwap
  • MamyShiba Merch Shop
  • Building NFT Platform
  • Marketing: MamyShiba goes to mainstream

Connect with the project :

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Cryptic Weirdo
Cryptic Weirdo

Written by Cryptic Weirdo

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Joined the Crypto community in August, 2020 and been a part ever since. Writing about crypto casually

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