BODA Token

Overview

BODA Token (BODAV2) is a BEP-20 token on the Binance Smart Chain that implements a reward system for holders. The project's primary utility is its BUSD rewards mechanism, where holders receive BUSD distributions from transaction fees.

Purpose and Utility

The token's main purpose is to serve as a rewards token, with 12% of each transaction distributed as follows: 8% BUSD rewards to holders, 2% to liquidity pool, and 2% to marketing wallet. The project aims to create a sustainable reward system for long-term holders.

Business Model Evaluation

The business model relies on transaction volume to generate rewards. While the reward mechanism itself doesn't involve traditional interest (riba), it functions through transaction fees and redistribution. The project doesn't engage in lending or explicitly prohibited activities.

Real-World Adoption

The token has an active community and maintains consistent trading volume on decentralized exchanges. The reward system is functional and automatically distributes BUSD to holders as designed.

Development Activity

The project maintains basic development activity focused on maintaining the rewards mechanism and contract functionality. The team regularly engages with the community through social media and their official channels.

Token Distribution

The token has anti-whale mechanisms in place to prevent large holders from manipulating the price. There are restrictions on the maximum amount that can be held in a single wallet.