World's first Shiba meme token with its upcoming yield farm
STOCKHOLM, SWEDEN / ACCESSWIRE / June 8, 2021 / Shiba Kenzo is poised to announce a pre-sale, or initial coin offering (ICO), on the one and only shiba meme token on the Binance smart chain.
Shiba Kenzo, with more than 10 years of operational and programming experience, has created the world's first shiba meme token that offers its distinctive yield farm.
A spokesperson for Shiba Kenzo said that due to the complexity of the crypto space, the company is creating a series of step-by-step tutorial videos that goes into basic concepts of how to buy the Shiba Kenzo (KENZO) token.
Shiba Kenzo has allocated 10 percent of its funds for product development, another five percent for marketing and branding and 10 percent for the company team. The remaining 75% is allocated for pre-sale and sale for the community. The unsold tokens from the ICO will be incinerated to hell.
The Shiba Kenzo spokesperson Lucy Haei said the company's intent with the meme token is to bring cryptocurrency to the mainstream and give people an opportunity to be a part of the cryptocurrency ecosystem.
About the Shiba Kenzo Token
The Shiba Kenzo token (KENZO) is the native BEP-20 compliant token issued on the Binance Smart Chain platform, which ensures speedy transactions and security, as well as compatibility with other third-party services. The token has a hard cap of $500,000, or 1500BNB, and can be purchased through PancakeSwap after the pre-sale ends.
The Shiba Kenzo (KENZO) token enables users to earn five percent of each transaction, which will be redistributed to holders and automatically adds five precent to the liquidity pool. While this is standard tokenomics, what makes the Shiba Kenzo (KENZO) token unique is that it is a meme token with an actual use case. Purchasers will be able to stake their Shiba Kenzo (KENZO) tokens on their own upcoming yield farming site, which means buyers will earn a lot more yield than a regular meme token on the market. The yield farming site will be launched in the fourth quarter.
Shiba Kenzo complies with all the necessary KYC/AML procedures protecting both its project and its users from fraudulent activities.
SOURCE: Shiba Kenzo