whitepaper

Executive Summary

SniperInu is a pioneering digital asset on the Binance Smart Chain (BSC) designed to merge the realms of cryptocurrency and automated trading technologies. With an initial supply of 1 billion tokens and a decisive 30% burn at launch, SniperInu aims to establish a scarce and valuable token. Central to its value proposition is its very fast decentralized exchange (DEX) trading bot, which offers premium features exclusively to SniperInu token holders. This whitepaper delineates SniperInu’s innovative approach, detailing its tokenomics, the utility of its trading bot, and the strategic vision that underpins its development and growth.

Introduction

The SniperInu project is an ambitious endeavor that seeks to capitalize on the efficiency and scalability of the Binance Smart Chain to provide users with a unique blend of financial utility and technological innovation. At its core, SniperInu is more than a cryptocurrency; it’s a gateway to unlocking advanced trading capabilities through its proprietary DEX trading bot, designed to enhance the trading efficiency of its users.

Tokenomics

Initial Supply and Deflationary Mechanism

Initial Supply:

1 Billion SniperInu Tokens.

Launch Burn:

30% of the total supply is burned at launch, effectively reducing the circulating supply to 700 million tokens. This deflationary mechanism is intended to create scarcity and enhance the token's value over time.

Transaction Tax Structure

Tax Rate:

Transactions incur a 7% tax on buys and an 8% tax on sells. This structure is implemented to:

- Support the liquidity pool (LP) by contributing to its growth and stability, ensuring seamless transactions.
- Encourage long-term holding by disincentivizing frequent trading and thus stabilizing the token’s price.

Liquidity Pool (LP) Lock

Initial Lock Period:

The liquidity pool is initially locked for 6 months, a measure that underscores the project's commitment to security and market confidence.

Extension Plan:

Post the initial period, the LP lock is set to extend to 1 year or more, based on strategic needs and community input, to further solidify trust and stability in the SniperInu ecosystem.

Utility: The DEX Trading Bot

The cornerstone of SniperInu’s utility is its high-speed DEX trading bot, designed to offer a competitive edge to its users through automated trading strategies that are fast, efficient, and responsive to market conditions. The trading bot features include:

Premium Access for Token Holders:

Users holding at least 2 million SniperInu tokens gain free access to premium features of the trading bot, including advanced trading strategies, priority execution, and personalized trading insights.

Integration with Major DEXes:

The bot is seamlessly integrated with major decentralized exchanges on the Binance Smart Chain, ensuring wide market access.

User-Friendly Interface:

Designed for both novice and experienced traders, the bot provides an intuitive interface that simplifies complex trading strategies.