Sifu Inu is an income generating token that uses profit-sharing and game theory tokenomics. It combines a fun, unique, and revolutionary way of generating passive income for its holders with an element of surprise as none of us know how much of the supply will be earned or how much will be burned. Sifu Inu has built in buying and selling pressure as well as dilution and scarcity features that will promote trading volume, which will, in turn, earn income that will be passed on to its holders through a weekly profit-sharing airdrop!
WHY IS THE COIN CALLED SIFU INU?
The name Sifu Inu was inspired by Japanese martial art sensei’s who had mastered their Kung Fu practice. In Cantonese, sifu translates to master while, in Japanese, inu translates to dog. Combined, sifu inu means master dog. The reason we decided to name our token Sifu Inu was because we looked up to the Kung Fu masters, as well as the successful nature of the meme coin revolution. We wanted to combine both to truly represent what we are trying to achieve with this token.
In a world where meme coins rule the blockchain.
WHAT’S AN EARN OR BURN?
A large amount of the coins have been divided into 420 scrolls. Each scroll has a randomly chosen amount inside. Every day, one scroll will be randomly chosen live and either be earned or burned.
WHY RANDOM EARNS AND BURNS?
We wanted to come up with a token where everyone would truly benefit and that would be sustainable. We also wanted to have fun and promote a bit of the unknown and a bit of,” let’s leave it up to the universe to decide,” at the same time, so it truly is a game and not just game theory. Sifu Inu is changing the game on the Blockchain because no one knows how it will turn out in the end! Depending on what is drawn over time, that will decide the token’s total circulating supply. Having this unknown factor will create both upwards and downwards price pressure, therefore, promoting volume and then income as all traits will generate income for the protocol of which 70% will then be distributed to the token holders on a weekly basis.
HOW DO I EARN?
There are three ways to earn
Receive tokens via an airdrop after an Earn scroll is unrolled
Receive tokens through Sifu Inu’s weekly profit-sharing airdrop
Receive tokens as interest from staking
The more you’ve got the more you’ll get!
EARN - DAILY DRAWING
Daily, at 12PM PST, one earn or one burn day will be drawn. There are 60% earn days and 40% burn days inside a randomly generated proverbial hat. Immediately following the earn or burn determination there will be a second drawing to determine which scroll will either be earned or burned. The contents of the chosen scroll will then be revealed and all Sifu Inu holders will reap the benefits of the earn or the burn! In the event that a large scroll is unrolled the SIFU airdrop may be distributed over several days or longer in order to protect the best interest of the project.
It’s easy! If you hold Sifu at the time of the snapshot, you’ll get an airdrop! The more Sifu you hold, the more BNB you get!
EARN - STAKING
Staking puts your tokens to work for you !
WHAT IS STAKING Staking is a process in which holders lock up their crypto for a period of time in return for receiving rewards and interest.
This is similar to an interest-bearing savings account at a bank.
BENEFITS OF STAKING You will receive SIFU INU rewards and profit distributions by airdrops when you are staked.
Staking is required to receive those benefits. The airdrops to your wallet happen automatically, even if you are asleep or offline.
IMPACT OF STAKING ON THE TOKEN PRICE Staked tokens are removed from the main circulating supply so they can not be sold during the staking period. This represents a reduction in selling pressure which can help the token price increase over time.
IS STAKING RISKY Staked token are automatically returned to you when the staking period has completed. The return process is built into the blockchain contract, so it is guaranteed to occur.
IS PARTIAL STAKING ALLOWED Yes, you can stake a portion of your tokens or all of them – whichever you prefer.
HOW DO I STAKE ? The process is simple and only takes a few minutes. * Go to the SIFU INU staking page * Connect your wallet – most people use Metamask or Trust Wallet * Specify how much of your SIFU you want to stake. * Confirm the transactions that appear in your wallet
HOW DO I CLAIM THE STAKING REWARDS When the staking period ends, click on the redeem button to claim your rewards. It’s that easy! Your original tokens and the staking interest will be transferred to your wallet.
Claim SIFU INU from the Pinksale launch (pre-sale)
WHAT ARE THE TOKENOMICS?
The tokenomics are simple yet brilliant LOL. Sifu Inu has a maximum supply of 2.5 billion tokens. Depending on how the earn or burn days fall, that will determine the amount of Sifu Inu that ends up in the total circulating supply.
A 10% buy tax / 20% sales tax awill be applied to trades on exchanges and wallet transfers.
The sales taxes will be distributed as follows (for buy and sell):
4% Marketing 3% Weekly airdrop 2% Liquidity 1% Development
This will make Sifu Inu hyper-deflationary as it will always be moving towards a zero circulating supply thus over time making it more and more scarce.
IS THE TEAM DOXXED?
Team Sifu Inu is pleased to announce that they are doxxed and KYC verified by Assure Defi and Pinksale
IS SIFU INI AUDITED?
Sifu Inu was built on a smart contract platform that has been audited many times without fail. In addition, the SIFU INU contract has been audited by KISHIELD