ShibAvax

Introduction

Shibavax is a community meme project on Avalanche. Shibavax's goal is to give visibility to the Avalanche network and to reward its participants with a fun and community project.

What makes Shibavax different from the other meme coins?

Shibavax believes their strengths are their transparency & their desire to push this project as high as possible. And of course, as a SHIBX holder, you are basically paid to hold the token.

How does the transaction tax work?

Shibavax has a 10% transaction tax that is redistributed instantly and gaslessly among ALL holders, proportional to their holdings.

Tokenomics

There will be a 10% tax on each transaction:

• 10% will go to all holders

• Total supply: 10,000,000,000

• 1% of the supply (100,000,000) will go to the validators of the Avalanche network (960 addresses) through an airdrop.

• 89% of the supply will be provided in liquidity on the AVAX and BAG pairs. 45% for AVAX and 44% for BAG.

LPs will immediately be burned after the liquidity is provided. The Dev team will therefore never be able to access these tokens, which will be freely traded on the market. The burn addresss will be posted on Shibavax Twitter right after launch.

10% will go to the team for miscellaneous expenses such as the provision of burned liquidity (AVAX&BAG), marketing and development costs.

To prevent the whales from taking too much of Shibavax, we will implement a buy limit of 5M Shibavax per address for the first few hours.

Will Shibavax burn more tokens?

The developers have already burned all the unclaimed airdrop tokens (70.4M of $SHIBX) and no more manual burns are planned.

Why is $SHIBX a deflationary token?

All the burned tokens have been sent to a dead wallet (nobody has access to this wallet) which is considered as a holder ; that means this dead wallet gets proportional transactions rewards too. The burn happens on EVERY TRANSACTION and accelerates as the wallet gets bigger & forever!

Hold & Win - Reflection Token

$SHIBX is a reflect token. That means you will earn some $SHIBX on each transaction just by holding yours. In fact, there is a 10% tax on each transaction that is redistributed between ALL $SHIBX holders instantly and gaslessly. Holders earn passive rewards through static reflection as they watch their balance of Shibavax grow continuously.

GET INVOLVED IN THE COMMUNITY

Shibavax can only grow and accomplish its mission with YOUR help. Everyone can help, no matter the size of your portfolio. Spread the word on social media platforms, answer questions, help people, tell your friends. We also welcome help in moderating our communities, apply any time.